Here is our detailed technical review for CADCHF. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 0.648. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.642...
The Canadian dollar appears to be bearish against several pairs. The pair that I'm eyeing is the CADCHF. Based on the latest range breakout, this is another swing trading momentum play. As long as price doesn't revert back into this range, I think further downside is very likely.
CADCHF Buy Targets: 0.644 0.645 0.646 0.648 0.655 Stop Loss: 0.637
CADCHF / 1D CADCHF / 1D Hello traders, welcome back to another market breakdown. CADCHF has been trading around a Key Macro level. The bulls seem to be reclaiming a KEY Macro level many times which is bullish signal. Trade safely, Trader Leo.
🔄 CADCHF re-entered the 🟢 Support zone(0.648CHF-0.645CHF) 🟢 after experiencing a 🐻 Bear Trap 🐻. 💡Also, CADCHF seems to have succeeded in forming a Falling Wedge Pattern , so the upper line of this pattern was broken hours ago. 💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys . 🔔I expect CADCHF to GO UP in the coming days and...
CADCHF W1 - The price may push off from the level, a potential rebound to the values of 0.68343 D1 - The price is behind the trend line, a potential retest is now forming (which forms a potentially 3-wave structure) and continuation of the upward movement from the strong level at W1. What can you expect? You can consider entering from the level of...
#CADCHF UPDATE Hey traders,Welcome to Anna trade charts. Hope you are enjoying your trading journey and our trading analysis too. Today Anna is monitoring the pair CADCHF. CADCHF will go upside according to the LTF. The reason behind this is, It formed a new high after a long range, and it also retest the HL, so here are more chances that we will see a new HH...
My dear subscribers, My technical analysis for CADCHF is below: The price is coiling around a solid key level - 0.6440 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 0.6566 About Used Indicators: By the very nature of the supertrend...
CAD/CHF has bounced from 52-Week Low at 0.6426. Downtrend is losing momentum and the trend is changing to uptrend.
#CADCHF UPDATE Hey traders,Welcome to Anna trade charts. Hope you are enjoying your trading journey and our trading analysis too. Today Anna is monitoring the pair CADCHF. CADCHF will go high soon, reason behind this is that it formed the falling wedge pattern and then formed a double bottom as well, if we saw any bullish momentum on buy side on London or New...
cadchf 240min go to January'24. Target 674. Buy now 645. Stop 635.
Usd chf following the bearish order flow as we called out last week we got our target on Friday but we still need to wait for a new range to be confirmed as we have not had two 5 minute candles closed below us and row because of this we cannot have any consistent markups until this point is formed we had a big drop off at market close that we need to wait for this...
CADCHF is trading on a key daily support at the moment. We can see that the price violated the underlined structure but then suddenly bounced and returned above that. It makes me think that it might be a bear trap. We may expect a pullback to 0.6477 now. ❤️Please, support my work with like, thank you!❤️
The currency pair has been falling since 6 June 2023... It's gone on a strong downtrend channel, which has not been good for the Canadian Dollar. Lately it's formed not one but TWO bearish chart patterns. M Formation and Inv C&H And the price has broken below both the neckline and brim level. This means, there is more downside to come with a target of...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 CADCHF has been stuck inside a big range between 0.65 support and 0.68 resistance. At present, CADCHF is retesting the lower bound of the range. Moreover, it is retesting the lower bound of the red channel. 🏹 Thus, the highlighted red circle is a strong area to look...
0.64667 zone had been respected from the may month for Canadian dollar vs Swiss franc and whenever the price reached near this zone we saw a great move to the upside, the recent move shown a demand and which resulted in great price push all the way up to 0.68263. I expect a potential upward move from this level, if you trade this pair do wait for the...
CADCHF bounced from a major support level on the daily time frame, and also bounced from the upper trend line of a bearish channel on the daily timeframe chart. We expect the pair to re-test the key support levels listed on the chart, We taking this trade based on technical analysis and candlestick patterns. These are long-term trades, It is advisable to have...