CADCHF - Sell Short - Trendline and Candle stick confluences. Market is making a series of LH and LLs- Market has rejected from trend line resistance. Bearish Engulfing candle formation is a strong confluence of market bearish trend.
we can instant enter in the market, SL would be slightly above Last confirmed LH and TPs would be with R:R of 1:1 and 1:2 resp
About Canadian Dollar/Swiss franc
The Canadian Dollar vs. Swiss Franc pair is often recognized as a carry trade vehicle because of the relationship between a low yielding, safety geared currency (CHF) and a higher yielding, growth related one (CAD). The CHF is considered to be safety geared and low yielding because of its reputation as a safe harbor and haven for foreigners depositing their wealth in a foreign private banking system. The CAD is considered to be a commodity currency because of its exporting of natural resources which makes it sensitive to investors' outlooks on global economic growth.
CADCHF: Pullback From Support 🇨🇦🇨🇭
There is a high chance to see a pullback from the underlined
daily horizontal support on CADCHF.
A formation of a high momentum bullish candle
after its test and a consolidation on an hourly time frame confirms
the strength of the buyers.
Goal - 0.595
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CADCHF update!!Good day traders, I’m back with yet another update on CadChf and if I can remember well I mentioned the first time I posted this setup that this one is special because it offer us opportunities to learn and get to see if what ICT(Micheal.J) says about his concepts true or not, for me they work!!
Th
CADCHF - Potential Buy (Day Trading)Hi Traders,
My view on BUYING CMCMARKETS:CADCHF
Price Action Analysis:
On the 4-hour timeframe, the market is currently in a clear downtrend. At this stage, there is no sign of buyers stepping in — price is still pushing lower without slowing down.
On the lower timeframes, there is no sh
CADCHF Short Setup – Watching Key Confluence ZonePrice is approaching a major confluence area where the descending channel resistance and a previous support-turned-resistance intersect around the 0.6200 level. I’m monitoring this zone for bearish confirmation on lower timeframes to initiate a short position. Market structure remains bearish, and f
CAD/CHF BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
Bearish trend on CAD/CHF, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 0.583.
Discl
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related currencies
Frequently Asked Questions
The current rate of CADCHF is 0.59498 CHF — it has increased by 0.02% in the past 24 hours. See more of CADCHF rate dynamics on the detailed chart.
The value of the CADCHF pair is quoted as 1 CAD per x CHF. For example, if the pair is trading at 1.50, it means it takes 1.5 CHF to buy 1 CAD.
The term volatility describes the risk related to the changes in an asset's value. CADCHF has the volatility rating of 0.21%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The CADCHF showed a −1.12% fall over the past week, the month change is a 1.89% rise, and over the last year it has decreased by −10.82%. Track live rate changes on the CADCHF chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
CADCHF is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade CADCHF right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with CADCHF technical analysis. The technical rating for the pair is sell today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the CADCHF shows the strong sell signal, and 1 month rating is sell. See more of CADCHF technicals for a more comprehensive analysis.