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CAD (Canadian Dollar)

CADCHF current resistance closely watchedCADCHF has been consistently in a downtrend since January 2023. As of now, the price has reached its downtrend resistance level for the fourth time. The crucial question is whether it will once again respect this trendline resistance and proceed downward, if fails to overcome this resistance, it might continue to face selling pressure, possibly targeting levels around 0.6620 and 0.6480 to maintain its downward trajectory. However, there's also the possibility that CADCHF could break out from this persistent downtrend resistance. If this scenario unfolds, it might surge upwards, potentially reaching levels around 0.6810 and even 0.6930. This breakout would signify a significant shift in the currency pair's trend direction. Traders and investors will closely monitor these key levels to gauge the future direction of CADCHF.
by FKW-Millions
CADCHF ____ INCOMING BULLISH MOVE, WATCHOUT !!!Hello Guys, I took a break from posting on Tradingview as I lost my dad on the 3rd of July and he was laid to rest on the 18th of this month. It wasn't a beautiful experience but I'd have to push myself forward. For this pair, I'd like you guys to just take a good look at the chart and see how price created buy-side liquidity and went to hunt it. Now that price has taken the liquidity, the next move should be bullish to either hunt liquidity or close an imbalance/liquidity void. CADCHF is also at an extreme and has printed a CHOCH on the daily timeframe. I will be monitoring the chart tomorrow for a CHOCH on the 1-hour timeframe to go long, as I don't trade on Mondays. Follow for more updates like this. Cheers, Jabari
Long
by jabariofafrica
7
CADCHF - 4hrs ( Sell Trade Target Range 160 PIP ) Pair Name : CAD/CHF 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( ❗️ Short ) Type : Mid Term Swing —————————— Bearish Reversal 0.66600 Area reasons - Major Turn level / D - Visible Range hvn - Choch Area - Quarter's Area - Fibo Golden Bullish Reversal 0.65000 Area Reasons - Major Turn level / M - Visible Range Hvn - Weekly Choch Area - Quarter's Area - Pattern Target - Liquidity Zone / Quarter's Area
Short
by GoldenEngine
1
CADCHF -- Next Swing Down CAD CHF pair has been in a downtrend for some time now (since June 0f 2022). We all know to 'go with the flow' when it comes with following the general trend. In this case, the pair might be ready for another move down. This would be the fourth hit on the trendline, and at previous resistance during its month long range. As always, we'll wait and see either a good bearish candle down to enter short, or a break above to enter long -- KISS
Short
by WolfBladeTrading
1
CADCHF Is Very Bullish! Buy! Please, check our technical outlook for CADCHF. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 0.664. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.666 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
2
CADCHF: Your Detailed Trading Plan 🇨🇦🇨🇭 Take a look at CADCHF. The pair broke and closed above a key daily resistance last week. The price is currently consolidating with a narrow horizontal range, retesting the broken structure. Your intraday bullish confirmation to buy will be a bullish breakout of the resistance of the range. 4H candle close above 0.6643 will confirm the violation. A bullish continuation will be anticipated to 0.6655 / 0.6665 levels then. ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
10
CADCHFNot too long ago I had published an idea about the $FX:CADCHF. Go check it out! However, I never took my eyes off of it, and due to that it made me dig deeper from a higher perspective... I came to the conclusion that this particular pair recently experienced something that's more than likely going to shift it's momentum for some time. My reasoning.. Daily: 1. P.A. swept EQ highs 2. V shape pattern (bull's favor) 3. Bullish market structure Weekly: 1. Strong bullish momentum after lowest point in the market. 2. Demand formed (untouched) 3. P.A. is set to reclaim a previous key level to the upside. 4. Triple key lows swept (liquidity grab) Monthly: 1. After break of current L.H. (0.6898) the trend flips. 2. P.A. hit lowest levels in the market a couple months ago. For these reasons I am bullish. Even though this isn't a currency pair I track & trade, this is me making an exception. I am publishing this for me, personally, but feel free to tag along if you like! P.S. If ever curious about anything, ask.
Long
by ChrisJTradesFX
2
CADCHF - Are We Still Trending Down?Analysis: Bearish Confluences Strong downwards trend Retesting an area of significance In a longer term descending channel Longer term downwards trendline touch The CAD is the 4th weakest major currency whereas the CHF is the 4th strongest major currency 12K short position increase for the CAD 3K long position increase for the CHF Bullish Confluences 3K long position increase for the CAD 4K short position increase for the CHF Recent CAD news has been bullish Stay Safe - The JPI Team Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We appreciate any comments at all so thank you! Disclaimer: This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
Short
by jpeacockfx
26
CADCHF I Potential short from resistance Welcome back! Let me know your thoughts in the comments! ** CADCHF Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
1
CADCHF Under Pressure! SELL! My dear friends, Please, find my technical outlook for CADCHF below: The instrument tests an important psychological level 0.6543 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.6514 Recommended Stop Loss - 0.6558 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
4