CADCHF trade ideas
Double Bottom at Major Support Level.(D1) - Price is in downtrend and hit a major support level which is also the extreme swing low of CADCHF.
(H4) - Price reacted to the level by forming a Double Bottom at the support level which is bullish reversal Pattern.
Entries
1.Aggressive Entry at the Close of the Bullish Candle in H4
2.Trendline Break Entry since we are going against the heavy downtrend wait for trendline to break to confirm trend change from Down to Up.
CAD/CHF BEST PLACE TO BUY FROM|LONG
Hello, Friends!
Bullish trend on CAD/CHF, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 0.587.
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CAD/CHF: Bearish Trend Resumes After Retest of Downtrend LineCAD/CHF continues to respect its prevailing downtrend, with price reacting from the descending trendline and showing signs of renewed bearish pressure. Fundamentals support further downside as CAD remains weighed by weak domestic data, while CHF holds steady as a safe-haven currency amid global tariff concerns.
Technical Analysis (4H Chart)
Trend: Strong downtrend structure, with repeated rejections from the descending trendline.
Current Level: 0.5829, consolidating after failing to break above 0.5863 resistance.
Key Support Levels:
0.5786 (near-term support and first bearish target).
0.5736 (secondary support and next major target).
Resistance Levels:
0.5863 (immediate resistance at descending trendline).
0.5910 (upper resistance if a breakout occurs).
Projection: Likely pullback toward 0.5863 (retest zone) before continuation to 0.5786 and possibly 0.5736.
Fundamental Analysis
Bias: Bearish.
Key Fundamentals:
CAD: Weak Canadian manufacturing PMI and trade risks from US tariffs limit CAD upside.
CHF: Swiss Franc remains supported by safe-haven demand amid tariff uncertainty.
Oil Prices: Stable oil offers partial CAD support but insufficient to change the broader trend.
Risks:
A sharp rise in oil prices could strengthen CAD.
Global risk-on sentiment could weaken CHF and lift CAD/CHF.
Key Events:
BoC policy updates.
SNB stance and global risk sentiment shifts.
Oil market data.
Leader/Lagger Dynamics
CAD/CHF is a lagger, following CAD’s performance relative to oil and CHF’s safe-haven flows.
Summary: Bias and Watchpoints
CAD/CHF remains bearish, with price respecting the downtrend and targeting 0.5786 initially. A break below this level opens the door to 0.5736. The key watchpoints are oil price fluctuations, global risk sentiment, and potential safe-haven demand for CHF.
CADCHF The Target Is UP! BUY!
My dear friends,
CADCHF looks like it will make a good move, and here are the details:
The market is trading on 0.5808 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 0.5816
Recommended Stop Loss - 0.5804
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
CADCHF Wave Analysis – 21 August 2025
- CADCHF reversed from support level 0.5800
- Likely to rise to resistance level 0.5900
CADCHF currency pair recently reversed from the support area between the key support level 0.5800 (which has been reversing the price from June) and the lower daily Bollinger Band.
The upward reversal from this support zone created the daily Japanese candlesticks reversal pattern Piercing Line.
Given the oversold daily Stochastic, CADCHF currency pair can be expected to rise to the next resistance level 0.5900, which stopped the previous waves a and 2.
CADCHF Breakout Mode: Bulls Ready to ChargeCADCHF is showing strong bullish momentum as it approaches a key breakout level. Price action has been consolidating near resistance, and volume is beginning to build—signaling potential for a sharp move. We're watching for a clean break above the zone to confirm entry, with risk managed below recent structure.
CADCHF: Pullback Will Continue 🇨🇦🇨🇭
There is a high chance that CADCHF will go up from the underlined
support cluster.
The price formed an ascending triangle pattern on that on an hourly time frame
during the Asian session.
Goal - 0.5814
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I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
CAD/CHF Possible Pullback SetupCAD/CHF Watchlist Idea
We may be looking at a possible pullback setup developing. Price is getting close to a key support/resistance zone, and I’m watching to see if the market respects this area.
For this to become a valid trade, I’ll need:
Volume & Momentum to align with direction.
A clean pullback structure into the zone.
Confirmation with an engulfing candle.
No rush — if all conditions line up, we’ll have an A+ setup worth taking. If not, we wait.
Patience and alignment always win long-term. This is another example of preparing for the trade, not chasing it.
CAD/CHF continued downtrendCAD/CHF has been correcting sideways below strong gray resistance around 0.592.
On the 4h chart, price action remains below minor green resistance at 0.586, turning the short-term trend bearish in line with the long-term trend.
Bearish RSI divergence reinforces the downside bias.
First target for bears is the July low at 0.57873.
CAD/CHF Weekly Setup:Price has broken out of the descending trendline after a prolonged downtrend, showing early signs of reversal. Entry is placed just above the breakout with targets toward the 0.6177 resistance and 0.6395 extension. Stop-loss secured below recent lows at 0.5655 for a favourable risk-to-reward setup.
Risk no more than 1%
Follow risk management
Swing trade: Patience required
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