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CAD (Canadian Dollar)

CADJPY GOING DOWN !!!The CAD/JPY pair has been showing clear signs of a downtrend, with key indicators pointing towards further depreciation in the coming days. Several factors are contributing to this bearish momentum: 🔻 Weakening Canadian Dollar: Recent data suggests a slowdown in Canada's economy, putting pressure on the CAD. Lower oil prices, a crucial export for Canada, are also contributing to this weakness. 🔻 Strengthening Yen: As global uncertainties rise, the Japanese Yen is gaining strength due to its safe-haven status, putting further downward pressure on CAD/JPY. 🔻 Technical Analysis Confirms the Trend: The pair has broken key support levels, with moving averages and momentum indicators confirming that the price is heading lower. Selling pressure has been increasing as we move towards oversold territory. Now could be a strategic time to enter a SELL position on CAD/JPY before it drops further. Stay ahead of the market and take advantage of the falling price action! 📉
Short
by edl75
Bearish drop?CAD/CHF is reacting off the pivot and could drop to the 1st support level which acts as a pullback support. Pivot: 0.62643 1st Support: 0.62319 1st Resistance: 0.62816 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. 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, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
Potential bullish rise?CAD/CHF has reacted off the pivot which acts as an overlap support and could rise to the pullback resistance. Pivot: 0.62640 1st Support: 0.62366 1st Resistance: 0.63027 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. 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, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
1
CADCHF Trading Opportunity! BUY! My dear subscribers, This is my opinion on the CADCHF next move: The instrument tests an important psychological level 0.6242 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.6268 My Stop Loss - 0.6229 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
CADCHF Will Explode! BUY! My dear friends, Please, find my technical outlook for CADCHF below: The instrument tests an important psychological level 0.6220 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.6253 Recommended Stop Loss - 0.6204 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
Long
by AnabelSignals
3
Bullish bounce?CAD/CHF is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance which acts as a pullback resistance. Pivot: 0.62079 1st Support: 0.61788 1st Resistance: 0.62555 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. 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, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
2
CADCHF - 4hrs ( Sell Trade Target Range 150 PIP ) 🟢 Pair Name : CAD/CHF Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ spreading knowledge among us and to clarify the most importan+t 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 Break 0.62250 Area Reasons - Major Turn level - Visible range Hvn - Channel Break - Month low Break - Day low Break - Fibo Golden / Break Bullish Reversal 0.60650 Area Reasons - Fibo Golden - Pattern Target - Quarter low - High Volume - Major Counter Trend
Short
by GoldenEngine
CADCHF On The Rise! BUY! My dear followers, This is my opinion on the CADCHF next move: The asset is approaching an important pivot point 0.6239 Bias - Bullish Technical Indicators: Supper Trend generates a clear Bullish signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 0.6267 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
#CADCHF 1DAYOn the CAD/CHF daily chart, the price has reached a critical support level. This level represents an area where the price has historically found buying interest, preventing further declines. The support zone indicates a potential bullish reversal as buyers step in to defend this level. Forecast: Buy A buy opportunity is expected as the price holds at the support level. Traders may consider entering a long position if the price remains above support, with potential targets set at nearby resistance zones. It's important to confirm that the support holds, as a breakdown below this level could negate the bullish outlook.
Long
by PIPSFIGHTER
Could price reverse from here?CAD/XCHF is rising towards the pivot and could reverse to the 1st support which has been identified as a pullback support. Pivot: 0.62927 1st Support: 0.62405 1st Resistance: 0.63155 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. 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, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
Bullish bounce?CAD/CHF is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance which aligns with the 50% Fibonacci retracement. Pivot: 0.61993 1st Support: 0.61571 1st Resistance: 0.62699 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. 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, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
CADCHF Bullish Divergence Trade. Wait for Daily Close > 75EMA This is a possible scenario for CAD CHF following some recent Bullish Divergence on a Daily time-frame. The idea would be to wait for the trade to properly setup above the EMAs 25/50/75 and in particular a Daily close above the yellow 75 EMA would be a signal to get Long. * For educational use only and to explain 1 particular way you can trade divergences in RSI and Price, preference always to higher timeframes for better reliability of the setup.
Long
by Easy_Explosive_Trading