CAD/CHF Bearish Continuation Setup: Flag + Rising WedgeHello guys!
Let's analyze CADCHF!
1. Flag Pattern Formation
Firstly, CAD/CHF formed a bearish flag pattern. The flagpole was created by the sharp drop from around 0.5820 down to 0.5730, followed by the consolidation phase. The measured move of the flag points to a target around 0.5685, which is cl
About CAD/CHF
The Canadian Dollar vs. Swiss Franc pair is often recognized as a carry trade vehicle because of the relationship between a low yielding, safety geared currency (CHF) and a higher yielding, growth related one (CAD). The CHF is considered to be safety geared and low yielding because of its reputation as a safe harbor and haven for foreigners depositing their wealth in a foreign private banking system. The CAD is considered to be a commodity currency because of its exporting of natural resources which makes it sensitive to investors' outlooks on global economic growth.
Related currencies
CADCHF Long Trade OANDA:CADCHF Long Trade
Entry:0.57550 - 0.5776
TP-1: 0.57950 - Breakeven here
TP-2: 0.58200
This is good trade.
Don't overload your risk like Greedy gambler!!!
Be Disciplined Trader, risk what you can afford.
Use proper risk management.
Disclaimer: Trading is risky, only idea, not advice.
CAD/CHF BEARS ARE STRONG HERE|SHORT
Hello, Friends!
We are going short on the CAD/CHF with the target of 0.578 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF
CAD/CHF BULLISH BIAS RIGHT NOW| LONG
CAD/CHF SIGNAL
Trade Direction: long
Entry Level: 0.575
Target Level: 0.587
Stop Loss: 0.567
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1D
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
CADCHF Elliott Wave AnalysisHello friends
We are witnessing the formation of a complete Elliott wave pattern on the CADCHF chart. These waves from 1 to 5 are quite distinct and you can even count their subwaves (especially the microwaves of the main wave 5).
Now wave 5 is completing and moving inside a descending channel. The
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of CADCHF is 0.57732 CHF — it has increased by 0.49% in the past 24 hours. See more of CADCHF rate dynamics on the detailed chart.
The value of the CADCHF pair is quoted as 1 CAD per x CHF. For example, if the pair is trading at 1.50, it means it takes 1.5 CHF to buy 1 CAD.
The term volatility describes the risk related to the changes in an asset's value. CADCHF has the volatility rating of 0.75%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The CADCHF showed a 0.41% rise over the past week, the month change is a −0.38% fall, and over the last year it has decreased by −7.67%. Track live rate changes on the CADCHF chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
CADCHF is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade CADCHF right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with CADCHF technical analysis. The technical rating for the pair is sell today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the CADCHF shows the sell signal, and 1 month rating is sell. See more of CADCHF technicals for a more comprehensive analysis.