CADCHF HigherTrying CADCHF higher here.
some good hammers on the daily chart for the pair right at a support area.
the CAD narrative is changing i believe and becoming better, the economy is doing well and now that other central banks are nearing peak rates the dovish BoC over the year so far is less of an issue for CAD.
rate differentials and oil and pointing higher for the pair, both have been good correlations.
sentiment and positioning is extremely low which should help the pair. Especially if the CAD narrative changes as a lot of people are still short CAD. The CAD seasonals are also good for april so this should help also.
Not trading/investment advise, feedback welcome!
CADCHF
Canadian Dollar/Swiss FrancThese are levels that I'll be keeping an eye on when dealing with $CADCHF, and I'll revise as price action progresses.
I adapt to the change in money flow.
I do not trade this particular pair. However, I analyze multiple assets across numerous financial markets for muscle memory purposes. Feel free to watch this play out to my levels along with me!
Any questions, feel free to ask.
CADCHF Potential DownsidesHey Traders, in the coming week we are monitoring CADCHF for a selling opportunity around 0.67000 zone. CADCHF was trading in an uptrend and successfully managed to break it out and now seems to be in a correction phase so i will be watching a potential retrace of the trend at 0.67000 support and resistance levels.
Trade safe, Joe.
CADCHF - Long for equal highs ✅Hello traders!
‼️ This is my perspective on CADCHF.
Technical analysis: Here I expect bullish price action as price took sell stop liquidity and rejected from institutional mid figure 0.66500. My target is the imbalance higher and liquidity above equal highs
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CADCHF CONTINUES TO FALL WITH BEAR FLAG BREAKOUTFor more updates, please follow my TradingView page, and if you find the content useful, kindly hit the "thumbs up" button to show your support. If you have any queries regarding trading, please feel free to send me a direct message on TradingView. Additionally, please share this content with your friends who may find it beneficial.
Please note that any trading updates provided here are for educational purposes only, and it is always advisable to conduct your own research before making any investment decisions. It is important to ensure that all conditions are met before following any trade plan suggested in this update.
CADCHF : Short Trade , 1hHello traders, we want to check the CADCHF chart in the 1-hour time frame. The price has broken the key level between 0.67350 and 0.67400 to the bottom and pulled back to it again. We expect this level to act as a resistance level. And good luck until the specified targets fall Good luck.
CADCHF sell Entry : 0.67360
Stop : 0.67740 , Target1 : 0.66980 , Target2 : 0.66600
Risk/Reward Ratio : 2
CADCHF Breakout and potential retraceHey Traders, in today's trading session we are monitoring CADCHF for a selling opportunity around 0.677 zone, CADCHF was trading in an uptrend but then successfully managed to break it out. IF we get a decent correction i would look to sell a potential retrace of the trend around 0.677 support and resistance zone. the next major support and resistance CADCHF should be facing is 0.67000.
Trade safe, Joe.
CADCHF Is Going Down! Sell!
Take a look at our analysis for CADCHF.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 0.676.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.670 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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CADCHF Potential DownsidesHey Traders, in today's trading session we are monitoring CADCHF for a selling opportunity around CADCHF is trading in a downtrend and extending pullbacks seem to be approaching the major trend around 0.68600 zone. we expect that CHF could outperform commodities as it's considered a classic safe haven with current environment.
Trade safe, Joe.
CADCHF : Long Trade , 1hHello traders, we want to check the CADCHF chart in the 1-hour time frame. After breaking the downward trend line and also breaking the specified resistance level, we expect the price to rise to the specified targets.Good luck.
CADCHF sell Entry : 0.67440
Stop : 0.67000 , Target1 : 0.67890 , Target2 : 0.68320
Risk/Reward Ratio : 2
CADCHFWe are going to start shorting this pair as the weekly trend should have been sells. If it continues to go a bit higher, we will place a second sell order later tomorrow. We will not keep it open beyond Friday at noon. Good luck.
Vamos a empezar a vender este par dado que la tendencia semanal tenía que haber sido ventas. Si sigue subiendo un poco mas, a lo largo de mañana colocaremos una segunda orden de ventas. No lo mantendremos abierto mas allá del viernes al mediodía. Buena suerte.
CAD/CHF March April Challange Hello my friends! How is going your trading week? I hope that is doing well, anyways lets talk about this operation!
Bulish: We are preparing for a trend continuation after the break of the resistance level that we are currently in, for entrys we gonna wait a strong candle, a pattern cadle or something like that.
Bearish: Here for the bearish operation we are waiting a retest in our candle, rejecting the resitance level and then going back to support, we gonna also pay attetion if the price after the retest in the resistance will not go directly to the next suport zone, but is gonna restest at a fib level.