• CADCHF bounced from support, potential for a further rise!

    CADCHF bounced off 0.74063 where it could potentially rise further to 0.74535. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • CADCHF approaching support, potential for a bounce!

    CADCHF is expected to drop to 1st support at 0.74833 where it could potentially react off and up to 1st resistance at 0.75377. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • CADCHF approaching support, potential bounce!

    CADCHF is approaching our first support at 0.7468 (horizontal swing low support, 78.6% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce might occur above this level to our major resistance at 0.7518 (50% Fibonacci retracement). Stochastic (89,5,3) is approaching support as well. Trading CFDs on margin carries high risk. Losses can exceed the initial […]

  • Summary

    We are seeing a nice setup on AUDCAD and NZDCAD as it is approaching support where we are expecting a bounce above this level. CADCHF reverse nicely below our first resistance: https://www.tradingview.com/chart/CADCHF/guLgvMCV-CADCHF-approaching-resistance-potential-drop/

  • CADCHF approaching resistance, potential drop!

    CADCHF is approaching our first resistance at 0.7544 (horizontal pullback resistance, 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 0.7502 (50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries […]

  • CADCHF approaching resistance, potential drop!

    CADCHF is approaching our first resistance at 0.7544 (horizontal pullback resistance, 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 0.7502 (50% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries […]

  • CADCHF approaching support, potential bounce!

    CADCHF is approaching our first support level at 0.7541 (horizontal swing low support, 76.4% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 0.7569 (horizontal swing high resistance, 38.2% Fibonacci retracement). Stochastic (55,5,3) is also approaching support where we might see a […]

  • CADCHF approaching support, potential bounce!

    CADCHF is approaching our first support at 0.7361 (horizontal swing low support, 100% Fibonacci extension, long term descending support line) where a strong bounce might occur pushing price up to our major resistance at 0.7471 (horizontal pullback resistance, 100% Fibonacci extension, 50% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a […]

  • CADCHF approaching resistance, potential drop!

    CADCHF is approaching our first resistance at 0.7554 (Horizontal overlap resistance, 38.2% fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.7502 (61.8% Fibonacci extension, 61.8% fibonacci retracement). Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop in price should it […]

  • CADCHF approaching support, potential bounce!

    CADCHF is approaching our first support at 0.75901 (Horizontal swing low support, 61.8%, 100% fibonacci extension, 76.4% fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 0.76495 (Horizontal swing high resistance, 100% fibonacci extension, 76.4% fibonacci retracement). Stochastic (55,5,3) is also approaching support and we […]

  • CADCHF approaching resistance, potential drop!

    CADCHF is approaching our first resistance at 0.7715 (horizontal overlap resistance, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 0.76299 (horizontal pullback support, 23.6% Fibonacci retracement). Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop in price. Trading CFDs […]

  • CADCHF approaching resistance, potential drop!

    CADCHF is approaching our first resistance at 0.7531 (horizontal overlap resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 0.7438 (horizontal swing low support). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price should […]

  • CADCHF approaching support, potential bounce!

    CADCHF is approaching our first support at 0.7409 (horizontal overlap support, 100%, 161.8% Fibonacci extension) and a strong bounce might occur pushing price up to our major resistance at 0.7501 (61.8%, 100% Fibonacci extension, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also approaching support and a bounce off this level might see a corresponding bounce in […]

  • CADCHF approaching support, potential bounce!

    Price is approaching our first support at 0.7530 (horizontal swing low support, 50% Fibonacci retracement, 61.8% Fibonacci extension) and a strong bounce might occur below this level pushing price up to our major resistance at 0.7587 (horizontal swing high resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching our support and a […]

  • CADCHF reversed nicely from resistance, potential drop!

    CADCHF reversed off its resistance at 0.7613(61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentially fall to its support at 0.7569 (horizontal swing low support). RSI (89) is held down by a descending resistance line and the ichimoku cloud shows signs of downward pressure which contributes to our bearish bias. Trading […]