About CAD/CHF
The Canadian Dollar vs. Swiss Franc pair is often recognized as a carry trade vehicle because of the relationship between a low yielding, safety geared currency (CHF) and a higher yielding, growth related one (CAD). The CHF is considered to be safety geared and low yielding because of its reputation as a safe harbor and haven for foreigners depositing their wealth in a foreign private banking system. The CAD is considered to be a commodity currency because of its exporting of natural resources which makes it sensitive to investors' outlooks on global economic growth.
CADCHF watch the drop!!Good day traders, I recently share an Idea on CADCHF and if you go back and see what was outlined and how I ended the description. I highlighted that price might manipulate higher but as long as the overall bias remains we still on!!
How I look at the markets is I like to cross reference different
CAD/CHF Loonie Heist: Sniping Swiss Profits with Thief Trading!🌍 Hello Global Traders! 🌟
Money Makers, Risk Takers, and Market Shakers! 🤑💸✈️
Dive into our CAD/CHF "Loonie vs Swiss" Forex heist, crafted with the signature 🔥Thief Trading Style🔥, blending sharp technicals and deep fundamentals. Follow the strategy outlined in the TradingView chart, focusing on
CAD/CHF Short
🔻 CAD/CHF Swing Short Setup
Sell Limit Entry: 0.6040
Stop Loss: 0.6115 (above recent daily highs)
Take Profit 1: 0.5800
Take Profit 2: 0.5700
Risk-to-Reward: ~2.6:1 to TP1, ~4.5:1 to TP2
Fundamentals:
CAD is weakening from falling oil, soft economic data, and global trade risk.
CHF is gaini
CADCHF Technical Analysis! BUY!
My dear friends,
Please, find my technical outlook for CADCHF below:
The price is coiling around a solid key level - 0.5977.
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goa
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The value of the CADCHF pair is quoted as 1 CAD per x CHF. For example, if the pair is trading at 1.50, it means it takes 1.5 CHF to buy 1 CAD.
CADCHF is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade CADCHF right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.