Swiss Inflation will fall under the 2% mark - today!CHF Perspective:
Negative:
- As announced in February, Swiss inflation will fall below 2% target of the SNB from the second half of the year on (i.e. today)
- The SNB raised interest rates again in June and thus probably ended its rate hike cycle (-> a further rate hike of 0.25% in September cannot be ruled out entirely, but it would not be necessary).
- The main driver of Swiss inflation are now rising rents, for which further interest rate hikes would be counterproductive due to the rise in the reference rate.
-> would only further fuel rents, therefore unnecessary
- Switzerland's manufacturing sector is increasingly weakening, as both the PMIs and the KOF indicator show.
Positive:
- SNB remains hawkish despite falling inflation (but whether this is actually sustainable remains to be seen)
- The SNB continues to support the franc by selling other currencies
-> due to the fact that the SNB will continue to put the brakes on a possible gradual weakening of the CHF, I expect the trade to move forward rather slowly (but that's fine with me, the positive swap sweetens the wait)
CAD Perspective:
Positive:
- Everything has happened more or less as forecasted in February:
-> the Canadian labour market is on fire (like Paris nowadays) and together with the "sticky" core inflation forced the BOC to raise interest rates again in June
- another rate hike this month is likely, ultimately the labour market report on Friday will decide -> if it at least meets expectations the chances are good
-> would give the CAD an additional boost
- As predicted in February, migration is booming in Canada.
-> keeps the housing market, retail sales and inflation on their toes
-> core inflation remains a problem for the BOC
Negative:
- Oil is not making any headway. Tighter supply (OPEC production cuts) is clashing with the gloomier outlook for the global economy, leading to a stalemate so far.
Due to the banking crisis in March, the first attempt of this trade had no chance (bad luck!), but since all the other factors came exactly as forecasted, I'm giving the trade a second chance, let's see!
Cadchflong
CAD/CHF : A Long Setup Opportunity 📈Hi everyone!:)
- Looking at the weekly charts, there's a strong upward trend that's also showing on the daily charts. This tells us the overall trend is quite bullish.
- If we look at the 4-hour charts, there's a good break above a key monthly pivot point level at 0.67768.
- On the 1-hour charts, we see a bullish engulfing candlestick closure, which also suggests an upward move.
- But be careful of the 0.68000 mark. This is a level that a lot of traders might be looking at. So, keep an eye on it and make sure to manage and adjust your risk in case things turn around.
good luck!:)
CADCHF Long Term Trading IdeaHello Traders
In This Chart CADCHF HOURLY Forex Forecast By World of Forex
today nzdcad analysis 👆
🟢This Chart includes_ (CADCHF market update)
🟢What is The Next Opportunity on CADCHF Market
🟢how to Enter to the Valid Entry With Assurance Profit
This Video is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts.
CADCHF Buy TF D1. TP = 0.6799On the DAILY chart the trend started on May 4 (linear regression channel).
There is a high probability of profit. A possible take profit level is 0.6799.
But do not forget about SL = 0.6474
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested. Thank you!
Good luck!
Regards, WeBelieveInTrading
CADCHF - DAILY TIMEFRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
CADCHF - Short active ✅Hello traders!
‼️ This is my perspective on CADCHF.
Technical analysis: Here I expect bearish price action as we can see that price filled the imbalance, took the liquidity above equal highs and then rejected from bearish order block. My target is the imbalance lower.
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CAD/CHF Gave Yesterday +50 Pips 0 Drawdown 💪New Entry Added !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
CAD/CHF Long Setup With Very Simple Steps , Let`s See !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
CADCHF - Short active ✅Hello traders!
‼️ This is my perspective on CADCHF.
Technical analysis: We are here in a bearish market structure from daily perspective. I expect bearish price action from here as price filled the imbalance, took liquidity above equal highs and then rejected from bearish order block + institutional big figure 0.67000.
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CAD/CHF Giving A Good Price Action , Is It Time To Buy It ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
LONG REVERSAL IN CADCHF | SWING TRADECADCHF is trading at all time lows area. Checking out the price action, the price is trading in a DAILY FALLING WEDGE PATTERN which is a BULLISH reversal pattern.
Once daily closes above the falling wedge, a LONG can be initiated on
1. Breakout of falling wedge,
2. Retest of falling wedge as support after the breakout
There is also BULLISH RSI DIVERGENCE, which shows downtrend is getting weak and trend may reverse soon.
This is a SWING TRADE.
But if daily closes back inside the falling wedge after the breakout, that would result in fake breakout/bulltrap and the idea will be invalidated.
Let me know in the comments section if you want me to analyse any other financial instrument.
WARNING:-
ALWAYS FOLLOW RISK MANAGEMENT AND POSITION SIZING WHILE TAKING ANY TRADE.