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Cadchfshort

WHY WE LOOK TO SHORT CADCHF?===== MARKET OUTLOOK ===== CAD - BEARISH 1️⃣ Oil price gains are capped by concerns the resumption of COVID-19 in America will curtail demand. 2️⃣ Flaky risk sentiment are hampering the Loonie. CHF - BULLISH 1️⃣ The recent escalation in diplomatic tensions between the US and China added to market concerns that the economic recovery in the US could be grinding to a halt amid the resurgence in coronavirus cases. 2️⃣ Risk-off markets sentiment will help Swissy. ===== TECHNICAL ===== 📊 We look to short #CADCHF on SBR level + SMA50 area. 📊 CADCHF in bearish zone. ===== MONEY MANAGEMENT ===== 💵 Please use only 1-2% risk per trade or you can use recommended lot in pinned message.
Short
by MonsunAsia
cadchf shorttwo things to keep in mind : 1.Switzerland is expected to maintain its ultra-expansive monetary policy for some time as it is facing the sharpest downturn since the aftermath of oil price shocks in the 1970s. 2.The SNB President Thomas Jordan has been reiterating the CB will continue to intervene strongly in the foreign exchange market to stop the rise of the highly valued franc in order to prevent deflation and protect the export-orientated economy on the other hand oil market will head down this week and cad with it and gold is rising with chf so its safe for sometime to keep with the trend here u need to know your exit by your self take this trade on your responsibility
Short
by Adel_Tunisi
CADCHF Short Now?CADCHF has broken through a weekly support (yellow zone plotted on chart) and has perfectly retested the broken support. The previous support is now acting as resistance. On a daily timeframe, CADCHF is forming a bearish flag pattern (a continuation pattern), indicating that the pair may see further downside. Price is currently attempting to break the supportive trendline and price is completely bearish on a 4H timeframe, presenting a good opportunity for bears to open short positions now. Only open a position if you are satisfied that the setup meets your strategy's requirements. Be sure to follow me for more ideas and analyses. Best of luck traders!
Short
by sharaafatm
Daily Update--CAD/CHF-- Big Chat View Forecasting Disclaimer: the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. this is not signal. it's my opinion. trade your own risk. and Must Follow Money management. _______________________________________________________________________________________________________________________________________________________ Thank you for your support!
by morshedul-munna