CAD - BULLISH 1️⃣ Oil prices rose on the back of Saudi Aramco’s upbeat view on Asian demand and as Iraq pledge to deepen production cuts. 2️⃣ All major economic data in Canada printed well. CHF - BEARISH 1️⃣ The SNB President Thomas Jordan has been reiterating the CB will continue to intervene strongly in the foreign exchange market to stop the rise of the...
💡Hello traders, Hope you all have a fantastic day ! I would appreciate any likes and follows from this idea, that would encourage me to publish more ideas and analysis. CAD/CHF has been forming ascending triangle for a while now. It is about to be completed but there is strong resistance line and 200 MA to help CHF. Let us know what you think about this...
With the pair in a clear uptrend in three consecutive trading sessions, following the ascending trendline as support, I could expect a retest of the level to continue is bullishness towards the next resistance level. It allows the setup of a long entry as a limit. The order: Type: sell-limit S/L: 23 pips - R:R | 1:3 - T/P: as shown -- *** If you like the...
Hey traders, here is the analysis of CADCHF long swing trade. NOTE please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
Base on current price action, I'm looking for some bulls in the NY session. Waiting on this retest.
Looking for another bearish drop at least to the next support.
CAD is over sold on 1h time frame and about to see a rally on this C point for next week. look for buy signals and inter long. Never trade with out a confirmation.
Hi, this is CADCHF as you can see it is developing a three touch pattern with possible double bottom all that is telling me a reversal to the upside is on it's way. a closer look please remember this is my analyses. Kind Regards
Strong 4H support and ready to swing again to the upside. Buy now!
Cadchf has been serving me pips these last weeks :) This hidden bullish setup forming on the 4H as well as a hourly divergence, presents a good entry for a long position. This following a significant pullback after we experienced a breakout of a 4H trendline upwards after the CAD rate release last week.
4H reflecting another Bullish Pattern Channel broken and retraced nicely.. I am expecting Bullish Momentum from 0.69 zone Critical Point. Strong W,D,4H Rejection Zone. Bearish Channel Broken. 0.5 Fib Level
💡Hello traders, Hope you are having fantastic summer and also are finding time for trading as well :) I will really appreciate any likes and follows, that would help grow this channel. CAD/CHF has been pushed down recently. Now price has approached resistance line and there is possibility of price going up again. We will wait for price action to confirm...