Cadchfanalysis
CADCHF H4 SignalWe continue to follow the upward trend and recommend buying! We are above average moving 200, We are over Ichimoku cloud, the red line above the blue
All of these figures point to a continuing trend of price increases
Entry Price: 0.7490 (Waiting for a small price correction)
Stop Loss: 0.7440
take Profit: 0.7595
CAD/CHF 4H Chart: Pressure by 50-hour SMAThe Canadian Dollar has been depreciating against the Swiss Franc in a channel down since the beginning of December. During this period of decline, the currency pair managed to reach March 2018 low at 0.7229.
Daily technical indicators demonstrate that bears are likely to dominate the exchange rate today. The potential target for bearish traders will be at the lower boundary of the descending channel pattern at 0.7088.
On the other hand, the currency exchange rate could reverse from current price level at 0.7250 and aim near a resistance cluster at 0.7325 during the following trading session.
CADCHF - ANOTHER ENTRY AND EXIT --AGAIN :)CADCHF IS LOOKING GOOD AT THE MOMENT.
I AM NOW EXPECTING THIS TO GO UP ->
IT HIT OUR PREVIOUS TARGET OF 0.75664 AND THEN TO MOVE EVEN HIGHER.
ITS MAKING THE NEEDED CORRECTION NOW.
BE READY TO JUMP IN AGAIN.
SUPPORT THE MOVEMENT WITH YOUR LIKES,
COMMENTS AND FOLLOW FOR MORE
CADCHF - STRONG BUY COMINGCADCHF has retraced to Fibonacci retracement
level of 0.618 as previously surmised. i am expecting
this to futher down again to 0.618 or extend to 0.5 (0.71518)
Also Stoch RSI is has gone into oversold territory.
this will be a strong buy after the final retracement
See previous analysis
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CADCHF LONG - Higher Low with strong bullish candlesThe price reached a long trend line on the weekly chart, presented a strong bullish push followed by weak correction with little sellers presence. On the 61,8 fibo level of the retracement price gave us another strong bullish push, breaking the lower time frame down trend line. I`ll wait for the retracement of this last push to go long!