CADCHF trade ideas
Falling towards Fibonacci confluence?CAD/CHF is falling towards the pivot and could bonce to the 1st resistance which is a pullback resistance.
Pivot: 0.57865
1st Support: 0.56812
1st Resistance: 0.59362
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Falling towards Fibonacci confluence?CAD/CHF is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 0.57865
1st Support: 0.56812
1st Resistance: 0.59362
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
cadchf buy tradeThe Relative Strength Index (RSI) is showing an upward trend, indicating increasing momentum. Additionally, the Moving Average Convergence Divergence (MACD) is showing a bullish crossover, further supporting the potential for an upward move.
CAD/CHF For Bullish as Pull-Backwait for pull-back near by entry point and then go long
general trend is down trend
current phase is pull-back and may be finish at target 3
have fun :)
Potential Reversal Setup on CAD/CHF as CHF Strength PeaksThe CAD/CHF pair has been under sustained bearish pressure, reaching historic lows amid continued CHF strength. The ongoing U.S. trade and tariff tensions have heightened global uncertainty, driving investors toward safe-haven currencies like the Swiss franc. In contrast, the Canadian dollar remains sensitive to risk sentiment and commodity demand, amplifying the pair's downside.
Technically, CAD/CHF has been trading within a well-defined **descending channel**, respecting both the upper resistance and lower support boundaries. After reaching the lower boundary of this channel — which coincides with a major historical support level — the pair is now showing early signs of a potential bullish reversal:
If the pair can hold this level and break above the midline or upper resistance of the channel, it could open the door for a corrective move to the upside. Key resistance levels to watch include
As always, any bullish move will depend on how global risk sentiment evolves in response to trade developments.
Pre-Market Analysis – CAD/CHF1️⃣ The price has broken below the previous support zone, which had held multiple times in the past. This area is now likely to act as a new resistance.
2️⃣ The bottom boundary of the descending channel has been touched, signaling a potential reaction or short-term bounce from this level.
3️⃣ It’s quite probable that the price retraces back to the midline of the channel before continuing its downward move. This would be a classic pullback within a bearish channel structure.
📉 If price fails to reclaim the broken support and reacts bearishly near the resistance-turned zone or the channel’s midline, it could provide a solid continuation setup to the downside.
SHORT IDEA ON CADCHFI will be looking out for double top within the yellow box to short cadchf.... Price might manipulate up to WO(weekly open.... but should drop from there. Lookout for reversalpattern before sell. If no reversal pattern is printed, skip this trade
New Uptrend Forming — CADCHF Buyers May Be Stepping InCADCHF 12H TECHNICAL ANALYSIS 🔍
🧠 New Uptrend Forming — Buyers May Be Stepping In Below 0.59345
OVERALL TREND
📈 SHIFTING TO UPTREND — After weeks of falling prices, CADCHF is showing signs of turning around. Momentum might be changing in favor of buyers.
🔴RESISTANCE LEVELS
🔴 0.64072 — Pivot High | Seller's Stoploss
🔴 0.63787 — Sell Zone II (Lower high)
🔴 0.63211 — Sell Zone I (First trouble spot for buyers)
🎯TARGETS FOR BUYERS (TP = Take Profit)
🎯 0.62920 — BUY ORDER & TP 4
🎯 0.61817 — BUY ORDER & TP 3
🎯 0.61191 — BUY ORDER & TP 2 | Mid-Pivot
🎯 0.60212 — BUY ORDER & TP 1
🟡SUPPORT LEVELS
🟡 0.59345 — First Buy Zone (current price)
🟡 0.59210 — Support Level
🟡 0.58598 — Buy Zone II (lower entry)
🟡 0.58482 — Minor Support
🟡 0.58310 — Pivot Low | Buyer's Stoploss
🤓WHAT THE CHART IS TELLING US
Price recently bounced off 0.58310 — showing buyers are protecting this level
Multiple buy orders are lined up between 0.58482 and 0.59345
If price moves above 0.60212, buyers may push toward 0.61817 or higher
If price falls below 0.58310, the setup may no longer be valid
TRADING IDEAS FOR BEGINNERS 🧭
📈 Look to buy if price stays above 0.58598 and moves toward 0.60212
📉 Avoid buying if price starts closing below 0.58310
👀 Watch the area between 0.59345 and 0.60212 — it could be the launchpad for the next move up
📋RECOMMENDED SETUPS
SAFE APPROACH (Beginner-Friendly):
— Buy Around: 0.58598
— Take Profit: 0.60212 / 0.61191 / 0.61817
— Stop Loss: Below 0.58310
QUICK SCALP OPTION (Faster Trades):
— Buy on a bounce from 0.59210 or 0.58598
— Target: 0.60212
— Stop Loss: Just under 0.58310
“Be patient. Be consistent. Be disciplined. That’s how you grow.”
CAD/CHF BULLS ARE GAINING STRENGTH|LONG
CAD/CHF SIGNAL
Trade Direction: long
Entry Level: 0.586
Target Level: 0.607
Stop Loss: 0.572
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1D
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Major downside for Canada thanks to Tariffs, oil and InterestWith Tariffs on pause for 90 days EXCLUDING Canada, Mexico and China - This is going to have a major negative effect on the Canadian Dollar.
We are already seeing it come down and the news gets worse, because Tariffs are just one thing fuelling this fire. Others include:
1. Oil's Looking Weak 🛢️📉
Since Canada’s economy is tightly linked to oil exports, the recent softness in crude oil prices could drag CAD down, making CADCHF more likely to dip.
2. Swissy’s Flexing Safe Haven Muscles 💪🇨🇭
When global uncertainty rises (think geopolitical tensions or shaky equities), traders usually flock to the Swiss Franc for safety — pushing CHF higher and pressuring the pair.
3. BoC’s Dovish Leaning 📉🏦
The Bank of Canada has been hinting at potential rate cuts or at least staying cautious, while Switzerland isn’t exactly rushing to ease — that’s a recipe for CAD weakness.
4. Risk-Off Vibes Across Markets ⚠️📊
If markets stay nervous — like during global slowdown fears or recession talks — CAD typically suffers since it’s more “risk-on” while CHF benefits.
And as per above, the technicals are looking shocking too.
Inverse Cup and Handle
Price <20 and 200
Target 0.5768
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
CAD_CHF RISKY LONG|
✅CAD_CHF has retested a key support level of 0.5892
And as the pair is already making a bullish rebound
A move up to retest the supply level above at 0.5949 is likely
LONG🚀
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
CAD/CHF long term small SL This is my personal view on CAD/CHF in both the short and long term. I believe the pair presents interesting opportunities based on recent market behavior and potential fundamental shifts. Short-term movements might differ from the long-term trend, so I’m keeping both perspectives in mind when analyzing and making decisions.
CAD/CHFCAD/CHF Bullish Setup – Re-entry Opportunity 📈
Price has pulled back into a favorable zone, offering a fresh long setup on CAD/CHF.
🔁 Re-entry: 0.60144
🛑 Stop Loss: 0.59303
🎯 Take Profit: 0.62014
Watching for momentum confirmation before full commitment. Always manage your risk. 🔐
#CADCHF #Forex #TechnicalAnalysis
OPPORTUNITY FOR BUY CADCHFWe have identified the following indicators suggesting a BUY opportunity:
• Rebound from the long-term downtrend line (established in 2021)
• Low volume, indicating a potential lack of momentum to continue the current downward movement
• Retest of key support levels: Yearly low, 6-month low, 3-month low, and 1-month low
We have set three target profit levels:
TP 1 = 40 pips
TP 2 = 100 pips
TP 3 = 200 pips
SL = -200 pips
CADCHF Will Explode! BUY!
My dear friends,
CADCHF looks like it will make a good move, and here are the details:
The market is trading on 0.6030 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 0.6097
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
cadchfhello traders,
CADCHF
it is still on accumulation phase, I'm looking now for selling opportunity on 15 mins candles.
Good luck for me and for you
CAD/CHF🔁 CAD/CHF Re-Entry Setup 🔁
Revisiting CADCHF with a clean re-entry level on the radar:
📌 Entry: 0.60525
🛡️ SL: 0.59981
🎯 TP: 0.64599
Price action still respecting key levels — looking for follow-through with proper structure. Setup aligns with recent momentum and potential continuation on higher timeframes 📈
Sharing for journaling and learning purposes only.
Stay disciplined and manage risk! ⚖️🧠
#CADCHF #forex #tradeideas #technicalanalysis #forexjournal #priceaction #fx
CADCHF H4 IdeaPotential for a bullish pullback on the CADCHF H4 which could lead to a price movement towards the resistance level at 0.61600. BUY levels from 0.60200
cadchfThis is my personal view on CAD/CHF in both the short and long term. I believe the pair presents interesting opportunities based on recent market behavior and potential fundamental shifts. Short-term movements might differ from the long-term trend, so I’m keeping both perspectives in mind when analyzing and making decisions.
CADCHF Wave Analysis – 8 April 2025- CADCHF reversed from pivotal resistance level 0.6050
- Likely to fall to support level 0.5935
CADCHF currency pair recently reversed from the resistance zone between the pivotal resistance level 0.6050 (former monthly low from March) and the 50% Fibonacci correction of the downward impulse from the start of April.
The downward reversal from resistance level 0.6050 continues the active impulse wave iii of the intermediate impulse wave (3) from the end of November.
Given the clear daily downtrend and the strongly bullish Swiss franc sentiment seen today, CADCHF currency pair can be expected to fall to the next support level 0.5935.
