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Cadchfshort

CADCHF - Bearish BiasCAD - Strong Bearish 1️⃣ The risk-off environment and further decline in crude oil prices depressed the CAD. 2️⃣ The Canadian inflation rate for July is expected to decline following the decline in the price component of the PMI IVEY. CHF - Strong Bullish 1️⃣ CHF benefited from safe-haven flows as investors sought protection due to negative sentiment. ===== Technical ===== We are selling the CADCHF below the resistance of 0.72500. ===== Risk to this trade ===== Any change in sentiment could turn the pair's direction.
Short
by MonsunAsia
CADCHF Short As we can see, CADCHF is moving in a descending channel on the H4, the pair failed to break the upper trend line, we expecting a bearish continuation to re-test the level listed on the chart. We taking this trade based on technical analysis and price action. Please use proper risk management depending on your account size, Use lot sizes based on these calculations. Here is a break down of your pip value in ZAR and Dollars 0, 01 = R1,43 / $0,10c 0. 05 = R 7,15 / $ 0.50 0.10 = R 14,3 / $1.00 1 Lot size = R 146,26 How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960) So, each time I open (1 Lot size, am exposing R2960 (Down payment) Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets. Please like and share for more useful content:
Short
by Pro-Trading-Africa
CADCHF bearish breakout | 30th June 2021CADCHF has seen a bearish breakout from the ascending trendline support-turned-resistance, and is now holding below the descending trendline and Ichimoku cloud resistances. We could see a potential reversal at Sell Entry, in line with 50% Fibonacci retracement, 78.6% Fibonacci extension and horizontal pullback resistance, and further drop towards Take Profit level, in line with 100% Fibonacci extension and horizontal swing low support. RSI is also holding below the descending trendline 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.
Short
by FXCM
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