CAD/CHF

[Hamster]

Thread for CAD/CHF discussion - latest news, technical analysis, forecasts and opinions.

[ahmad alfaraj]

[lang=ar]cad/chf
Canadian pair's analysis against the franc for 29/07/2018
Canadian Franc was moving in a bullish direction but during the last hours it fluctuated very much and drew a candle between Bar and one of the reflective patterns
And it started to fall and now it is testing the resistance area at 7606 and it should be monitored well because if it closes below it we will sell from this target area will be to 7555 as shown in chart nearest support area.

[url=https://up.top4top.net/][img]https://d.top4top.net/p_940uae371.jpg[/img][/url][/lang]

[ctting]

CADCHF entry area buy / sell, for consideration of your open position, in the picture there are limits on take profit, and stop loss.

** BUY price + SMA7 penetrates = 0.7577
a. take profit = 0.7598 or 0.7618 OVERBOUGHT AREA 0.7642
Alternatively, you can find the nearest high for take profit
b. stop loss 0.7567, or wait for the 7 SMA to really break 0.7567
Alternatively, you can look for the closest LOW that matches MONEY MANAGEMENT for stop loss

** SELL price + SMA7 penetrated = 0.7567
take profit = OVERSOLD AREA 0.7552 and 0.7537
alternatively you can find the nearest low to take profit
b. stop loss 0.7577, or wait for the 7 SMA to really break 0.7577
other alternatives can look for the closest HIGH that matches MONEY MANAGEMENT for stop loss

CADCHF.eM15.jpg

[hosny55]

on the h4 time frame the price could successfuly leave the area od resistance at 0.7620 , going down , now the price can take the area of the moving average 200 as its target , so by trading up that line at 0.7230 , so will be some correction up wards , and by breaking it down , it can be a start of a new going down trend

CADCHFH4.png

[fxmaster]

The Canadian pair landed strongly on Wednesday after installing Canadian interest which weakened the Canadian. But technically the pair deepens more within the corrective landing wave to approximately 0.7465.


Where we believe that the pair can bounce up from this point of purchase and trend towards 0.7500 prices but anyway in case of return for corrective landing for the next days the ideal level to buy 0.7355

CADCHFH4.jpg

[zank haidar]

The Canadian Dollar Pair vs. Franc The Swiss is often recognized as a vehicle carrying trade because of the relationship between a safely driven low-value currency (CHF) and a currency associated with higher-yield (CAD) growth. CFH is seen as being safe and low-impact because of its reputation as a safe berth and a haven for foreigners who hold their wealth in the foreign private banking system. CAD is seen as a commodity currency because of its export of natural resources which makes it sensitive to the situation of investors in global economic growth.

[adelzaki338]

The pair price surrendered to the control of the downward slope affected by its persistence within the axes of the downward channel to observe the recent arrival of about 0.7353 approaching the first primary goal of the level of 0.7342, the arrival of the stochastic indicator currently towards the level of saturation of the sale will increase the chances of grouping price for new negative torque and to The first goal was to open the door in front of the downward channel support of about 0.7300.
We will now rely on the formation of a level of 0.7400 for additional resistance to reduce the chances that the price will be affected by any upward regression before it reaches the previously proposed main objectives.
The expected trading range for today is between 0.7385 and 0.7320.


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[adelzaki338]

The pair price recently formed a strong upward correction to end this after facing the resistance of the downward and stable channel at 0.7474 to maintain the negative stability in general, from the above and continuously stability resistance we will start to weighting the negative trades to try the price pressure at the level of 0.7415 and then to wait for his arrival towards The following support is based at 0.7340.The rush of the price over the current resistance and the introduction of a positive closure will confirm the change of the main path to give in to the control of the upward tilt and begin to target many positive levels may start from 0.7490 and 0.7225 respectively.
The expected trading range for today is between 0.7470 and 0.7415.

[body2years]

The continuous piece of advice every experienced trader gives is that everyone ought to recognize that forex trading is not a shortcut to immediate wealth. While there are people who are lucky enough to make it big with their first trade, for 99% of traders, it takes time.