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Cadchfanalysis

Watch the magic - again...!watch the upwards move of the CHADCHF pair. why I like this trade: CAD perspective: - CAD employment report with a BLOWOUT number (again!) with +150k jobs created (most of them fulltime)! - BOC on hold but another job report like this and they will feel pressure for more rate hikes - inflation falling in canada but core remains sticky (so far) - migration is booming creating growth for GDP and housing - housing so far steady (but a clear risk for sure) - oil with upwards potential CHF perspective: - Swiss inflation is falling (although the CPI number today will beat the market expectations of 2.9% YY) - SNB will hike 1 or max 2 times this year and then close their hiking cycle as inflation will get back to their target in H2 2023 - SNB have become sligthly more tolerant for CHF depreciation as shown in their FX sales numbers - Trendfollowing Algos are heavily short CADCHF, they need to be squezzed out like a lemon
Long
by PrimeTrading
CADCHF The best option in the current long-term conditions is the above-mentioned channelized range. 2 patterns of harmonics can be considered to complete the reduction to the bottom of the channel It can be expected to start from the range of 0.79403 and finish in the range of 0.64739. - ABCD It can be expected to start from the range of 0.66208 and finish between the range of 0.64473 to 0.63806.-ANTI BAT In the expected range of the two patterns, we have many percentages of Fibo and with a much smaller distance from it, we have the pivot point in the range of 0.65601, which can form a very important support area. In the current situation, we can see the reaction between the two ranges of 0.67757 and 0.68858, which can be in the form of correction (ascension) and according to the Fibo projection, we can consider the completion of a zigzag, which overlaps with the two pivot ranges and provides a resistance range for A further reduction has been made.
Long
by maryammh
🎁Low risk buy position for CADCHF with +555 pips profit💰🔰You can see the analysis of the Canadian dollar to Swiss franc currency pair in the four-hour time frame (CADCHF_ 4H) 🔍🧨 💥With the fact that the price has been able to break the line of its Down trend🖤, if the price can reach the DEMAND zone, it can have an upward trend until the SUPPLY zone🔺🚀 Do you think this analysis can be profitable🧐❓ I hope the analysis was useful for you🤍🌹 ______📈TRADER STREET📉_______
Long
by TRADER_STREET
CADCHF Trading Plan - 19/Jan/2023Hello Traders, Hope you all are doing good!! I expect CADCHF to go Up after finishing this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Long
by For3xScalper
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