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Cadchflong

CADCHF - BULLISH BIASCAD - BULLISH 1️⃣ The prevalent upbeat market mood drove flows away from the safe-haven greenback. 2️⃣ Rallying oil prices underpinned the loonie and further contributed to the offered tone. CHF - BEARISH 1️⃣ Swiss National Bank kept interest rates steady and reiterated its willingness to intervene more strongly in the currency markets to stop the rise of franc. 2️⃣ Equities trade firmly in the green ever since the day started, amid hopes for a US coronavirus aid package and Trump's healthy. ===== TECHNICAL ===== - We long CADCHF on RBS level + SMA100 area + 61.8% fibo retracement area on H1 chart. - CADCHF in bullish zone.
Long
by MonsunAsia
1
CADCHF - BULLISH BIASCAD - BULLISH 1️⃣ Prime Minister Trudeau unveiled a plan to help the economy recovery from the coronavirus fallout, including a commitment to extend wage subsidies until next summer, and support for industries hardest hit by the pandemic. 2️⃣ The upbeat market mood at the start of the week seems to be making it difficult for the safe-haven USD to find demand. CHF - BEARISH 1️⃣ Swiss National Bank kept interest rates steady and reiterated its willingness to intervene more strongly in the currency markets to stop the rise of franc. ===== TECHNICAL ===== - We are looking to long CADCHF on RBS level + SMA100 area on H1 chart. - CADCHF in bullish zone.
Long
by MonsunAsia
CADCHF signal (LONG)Hello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: on breaking resistance targets: 0.7042 - 0.7065 after first target reached move ur stop to breakeven stop: (depending of ur risk). ALWAYS follow ur RM . risk/reward 1 to 4 Good luck Follow me on TRADING View, if you don't want to miss my next analysis or signals. It's not financial advice. If i help you TO EARN SOME MONEY i will RLY VERYVERY appreciate for your donate. (I lost almost 100k$ about 1 year ago,it was all) Dont Forget, always make your own research before to trade my ideas! Open to your questions or suggestions(PM to me).
Long
by trytofeelpositive
CADCHF - BULLISH BIASCAD - BULLISH 1️⃣ The Canadian dollar appreciated further, supported by higher oil prices and a weaker dollar. 2️⃣ News that Novavax Inc had reached an agreement with the Canadian government to supply up to 76 million doses of its experimental coronavirus vaccine lifted investors’ sentiment. 3️⃣ The Fed’s dovish signal, the risk-on mood continued weighing on the buck. CHF - BEARISH 1️⃣ The global risk sentiment remained well supported by hopes of a potential vaccine and treatment for the COVID-19 virus. This coupled with a positive trade-related development further boosted investors' confidence. ===== TECHNICAL ===== - We are buying this pair on RBS level + SMA100 area + pivot point level on H1 chart. - CADCHF in bullish zone. ===== RISK TO THIS TRADE ===== - This trade will hit stop loss if market sentiment turns to risk-off and oil prices going down.
Long
by MonsunAsia