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Cadchflong

CADCHF bullish breakout | 1st July 2021CADCHF has seen a bullish breakout from the descending trendline resistance-turned-support, and RSI is holding above the ascending trendline support as well. We could see a bounce at Buy Entry, in line with 38.2% Fibonacci retracement, 61.8% Fibonacci extension and horizontal overlap support, and rise towards 1st Resistance, in line with horizontal swing high resistance. 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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by FXCM
CADCHF bouncing from Buy Entry | 25th June 2021CADCHF is holding above the ascending trendline support, and RSI has bounced from the support level where we have seen price bounce from in the past. We could see a further rise above Buy Entry level, in line with 50% Fibonacci retracement, 78.6% Fibonacci extension, and horizontal pullback support, towards Take Profit level, in line with 50%, 161.8% Fibonacci extension, and horizontal swing high resistance. 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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by FXCM
CADCHF testing 1st support, potential for bounce!Price is testing 1st support, in line with 38.2% Fibonacci retracement, 61.8% Fibonacci extension and horizontal pullback support. We could see a bounce and further upside towards 1st resistance, in line with 127.2% Fibonacci extension and horizontal swing high resistance. RSI is also testing the lower support where price has bounced before in the past, showing potential for further bullish pressure. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Long
by TradeGATEHub
CADCHF SWING TRADE THEORY This is an impulse move of the Daily timeframe, Wave 3 having been extended and completed. Wave 4 zone A retracement at 0.38 of the impulse move Wave 4 zone B retracement at 100% of wave A corrective lower timeframe WAVE 4 zone C wave count (3 wave internal structure) 5 WAVE DONE CONCLUSION THE CURRENT PATTERN IS A RUNNING FLAT WHICH HAPPENS TO BE COMPLETE, A STRONG WAVE FIVE TO THE UPSIDE SHOULD BE EXPECTED, CONSIDERING THAT THE PREVIOUS IMPULSE MOVE WAS AN EXTENDED WAVE 3. WAVE 5 TARGET ZONE SHOULD BE 100% EXTENTION
Long
by Beclinks_Capital
CADCHF buyHello Traders, back to another profit day If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions 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 watchlist and see if the rules of your strategy are satisfied. CADCHF growing from the support area I think there will be a perfect buy Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts. The information given is not a Financial Advice. Please support this idea with a like, if you find it useful have a good profit week guys
Long
by Bexi03
CADCHF is facing bullish pressure | 12 May 2021Prices are facing bullish pressure from ascending trendline support, horizontal swing low support, 50% Fibonacci extension and 61.8% Fibonacci retracement . Prices might push up towards 78.6% Fibonacci extension and -27.2% Fibonacci retracement fibonacci confluence zone. Prices might push down further and take support from horizontal swing low support, in line with 100% Fibonacci extension and 127.2% Fibonacci retracement . Ichimoku cloud is also below prices, showing a bullish pressure for prices.
Long
by FXCM
1
CADCHF is facing bullish pressure | 12 May 2021Prices are facing bullish pressure from ascending trendline support, horizontal swing low support, 50% Fibonacci extension and 61.8% Fibonacci retracement. Prices might push up towards 78.6% Fibonacci extension and -27.2% Fibonacci retracement fibonacci confluence zone. Prices might push down further and take support from horizontal swing low support, in line with 100% Fibonacci extension and 127.2% Fibonacci retracement. Ichimoku cloud is also below prices, showing a bullish pressure for prices.
Long
by FXCM
2
CADCHF facing bullish pressure, potential for further upside!Prices are facing bullish pressure from ascending trendline support, horizontal swing low support, 50% Fibonacci extension and 61.8% Fibonacci retracement. Prices might push up towards 78.6% Fibonacci extension and -27.2% Fibonacci retracement fibonacci confluence zone. Prices might push down further and take support from horizontal swing low support, in line with 100% Fibonacci extension and 127.2% Fibonacci retracement. Ichimoku cloud is also below prices, showing a bullish pressure for prices. Trading Recommendation
Long
by TradeGATEHub
CADCHF - Bullish BiasCAD - BULLISH 1️⃣ The Bank of Canada (BoC) held its interest rate unchanged at 0.25% during the April meeting, as widely expected, however, the bank said it will adjust weekly net purchases of Government of Canada bonds to a target of CAD 3 billion from CAD 4 billion, effective the week of April 26. 2️⃣ Rallied oil prices underpinned the CAD. CHF - BEARISH 1️⃣ Risk-on tone weighing on the safe-havens CHF. ===== Technical ===== We are looking to buy the CADCHF on the RBS + above SMA50 on the H1 chart. ===== Risk to this trade ===== Any change in sentiment could turn the pair's direction.
Long
by MonsunAsia