Cadchflong
CADCHF ANALYSISThe yellow and red lines mean: I think prices can return in these areas.
blue lines mean: I think the price can reach these areas. They are therefore known as transaction targets.
If you want to use this deal, please risk only one percent of your account balance.
CAD/CHF Analysis : Bullish movement Hello everyone, as we all know the market action discounts everything :)
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CAD/CHF has started this week's session with a great Bullish movement crossing all the daily resistance lines and seems to be gaining more momentum by the hour.
the bulls will need to get over the 50-day EMA first for the trend to be considered Bullish but At that point, the lower time frames are giving a short-term profit potential.
Possible Scenarios for the market :
Scenario 1 :
The market is trending at 0.73393 right now with a Strong Bullish candle forming for today, If the Bulls were able to hold that momentum then we could be seeing the market continue its Bullish movement and reaching the first weekly resistance line located at 0.73540, From there we will have a small confirmation for this Bullish trend that could lead the price near the 0.74030 where we might see a control battle. the weekly big Bullish target will be 0.74890 zones.
Scenario 2 :
Looks like the Bulls are in control right now but the Bears may step in and drive the price back down after reaching 0.73540, which could lead to a drop that could end near the 0.7220 level but there are no big signs for that yet, In case that happens a big battle will accrue between the Bulls and Bears at that level and the outcome will determine the direction for the market in the next period of time.
Daily Technical indicators show :
1) The market is above the 5 10 20 50 100 and 200 MA and EMA (Strong Bullish Sign)
2) The RSI is at 58.70 showing Great strength in the market. No divergence was found between the market and the indicator.
3) The MACD is above the 0 line indicating that the market is in a Bullish state. With a positive crossover between the MACD line and the Signal line.
Daily Support & Resistance points :
support Resistance
1) 0.7303 1) 0.7317
2) 0.7294 2) 0.7324
3) 0.7288 3) 0.7332
Weekly Support & Resistance points :
support Resistance
1) 0.7220 1) 0.7354
2) 0.7133 2) 0.7403
3) 0.7085 3) 0.7489
Fundamental point of view :
The CAD/CHF cross rate has recently spent periods within various trading ranges, and it might be the case that it has established a new one after having broken lower in August. The move back up from that low was fast and it is now trading within a broad range again.
no major Fundamental news happening right now that could affect the CAD/CHF market, But the 10-Year Bond Auction that is happening in Canada could have a small impact on the market.
This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
CADCHF LONG CADCHF LONG is just good to buy untill reachs the resistant line and you sell it when it broken the resistant line
CadchfHere we have cadchf as we can see it has been taken support at the lower side we have form here I am looking for long position from here
Say yourself to motivate
Treading is very easy
And I will control my emotions here
CADCHF LongsCadchf has a high probability of pushing to the next resistance zone if it stays above our 50% fib level, most traders are net long on this pair according to price action
Low probability
if price falls and closes below our 50% level we can look for selling opportunities
CADCHF BUYCADCHF BUY SETUP
With the Ascending triangle on the pair and the level in yellow broken to the upside, there is a possibility that the pair will buy.
--- Bileonaire_FX ---
CADCHF FOR ANOTHER LEG DOWN?As clearly depicted on the whiteboard charts, we see this pair in a downtrend.
Massive downside legs are thrown to the downside with series of support levels broken along the way.
We've got a recent level that has been broken and now we have price coming back to it.
More than likely, we could see some downside continuations from here on in.. We're waiting for entry confirmations around this level looking to short to the downside.
CADCHF - LONGCADCHF has reached the bottom of a range and a support zone.
Market has also retraced almost 50% of the last swing (Mar '20 - Mar '21).
We can be looking for a long here.
CADCHF: Readying UpwardsHello fellow risk-takers.
CADCHF is caroming off a high-liquidity demand area and buyers will soon be in charge as they already are.
Happy Trading & Take Care
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*This information is for entertainment purposes only and shouldn't be construed as investment advice.
CADCHF's Bullish BearishnessHappy Trading & Take Care
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*This information is for entertainment purposes only and shouldn't be construed as investment advice.
CADCHF-Long#CADCHF
The MArket has been oversold and also on ascending support as in longer timeframe market is moving in a falling wedge. So from the support level, i am expecting the market to buy for 70 to 80 PIPS.
CAD/CHF LONG TRADE IDEAThe price has been falling steadily lately and is currently approaching the support / resistance zone (0.7280-0.7250)
I expect a slight correction in this channel and further rise to 0.73850 where the price will meet a new resistance zone.
CAD/CHF THE SITUATION IS CLEAR IN MONTHLY TIME FRAMEThis currency is currently sitting on a good historical zone. Not only that, we also have some good confluences that can also help us determine the future price direction.
Confluences:
1.Price is currently testing a historical zone
Every time price action get to this zone makes a rejection.
2.Also we have a M pattern
After a M pattern we can expect a correction to the neckline.
3.Also price is over extended
When price is over extended we can expect a correction.
With this 3 confluences we get to the conclusion that the price is ready to make a retracement to the M pattern neckline
Be advised
This educational analysis is for price direction only, for entries you have to use your own strategy in lower time frames to minimize risk.
If you have any question please be free to ask me.
THANK YOU FOR YOUR SUPPORT
CadChfRecently we saw this pair turn away from a daily demand zone.
Leaving behind a CP( Continuation Pattern) on H4.
Which will be a great opportunity for us to jump in and ride the uptrend wave.
CAD/CHF New Long Setup Available After Daily Closure To Confirm 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 powerful buy signal....VIEW
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
CAD/CHF New Long Setup Available After Daily Closure To Confirm 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 W1 Aug 2021]CADCHF
Long Setup
👉🏻 Interesting zone will be looked out for at around 0.72300. I am currently in a short term sell position to catch some of the wave-c
Daily Idea
CADCHF Long into 0.7470Confluences
a. Previous weekly closure - shooting star\ rejected 0.72000 major psych level
b. Daily FIB 38.2 from push
c. Key level
d. Break of trendline
CAD/CHF Made Inverted Head And Shoulders And Long Setup Here !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 - BULLISH BIAS CAD - Bullish
1️⃣ The BOC is expected to announce the next tapering of the QE program to CAD 2 billion a week from CAD 3 billion a week.
2️⃣ The rapid vaccination program undertaken over the past few months has rapidly boosted the commodity market and the job market, reflecting a good economic recovery.
3️⃣ The recovery in oil prices helped the rise on the CAD.
CHF - Bearish
1️⃣ The sharp decline in the EUR affected the CHF.
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TECHNICAL
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- Intraday setup on H1 chart.
- We're buying this pair on breakout resistance area .
- Confirmation with bullish heikin ashi.
- Above SMA50.
TRADE AT YOUR OWN RISK!!
