Блог Shuael

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CAD/CHF down reaching an important resistence area

Situation:
After the chf crash the price is in a range between two important support and resistence levels.
A resistence level has been hit, i'm expecting for the price to move lower, even if we had a retracement in the buyers direction.
Maybe another retest in the short term before a down move.
Expected rate: 0.7480
Weekly chart:
On the weekly chart i pointed out the main support and resistence levels
Daily chart:
On daily chart a possible scenario is described.
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Shuael avatar
Shuael 28 Дек.

I used a wrong timeline, setted on the 20 of feb.

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CAD/CHF prediction 1st of July

Weekly chart:
On the weekly chart i used a Pitchfork.
As you can see the price is respecting the median Line
For this reason i expect the price to move lower .
The last 3 weeks were characterized by a weak bullish momentum.
Daily chart:
The price is moving up from the 61.8 fibo retracement.
I expext it to move lower to the selected zone as for weekly analysis
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CAD/CHF Prediction for the 1st of June

Weekly chart:
On the weekly chart i pointed out the most important resistence zone so far.
This zone has not be breached from the down move back in 2015.
I think that the price will try to retest the preivous highs but that it wont breach it.
Daily chart:
On the daily chart i pointed out the possible scenario.
It's possible that the price will not even enter the resistance zone but it willgo immediatly down.
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CAD/CHF first down then up to 0.7544

General:
After the massive move down of the pair, the price is returning up again, and a possible down retracement is possible, but i think that the price will go again up.
Expected rate of the pair for 1st of May: 0.7544
Support:
Resistence: 0,7956
On the weekly chart:
On the weekly chart i pointed out the main downtrend and some important trendlines which may affect the price movement.
On the daily chart:
On the daily chart i used fibonacci retracement. and an important trendline in order t…
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CAD/CHF up to 0.8850

General:
The pair seems to be in an uptrend, as shown on the weekly chart and the price is in a tunnel.
Expected rate of the pair for 2n of January : 0,8850
Support: 0,84170;
Resistance: 0,8612; 0,88160
On the weekly chart:
On the weekly chart i pointed out the main up trend, and also a very important support level, around 0,7800, from which the inversion began.
On the daily chart:
On the daily chart i pointed out some important support and resistence level, and also the possible path of the price.
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CAD/CHF still in a down trend

General:
The pair is in a downtrend since 2007. It presents a medium level of volatility. The price will go down to test again the 0,7820 level, which is a very important support level also on the weekly chart. Maybe there will be a double bottom before the price invert the trend.
Expected rate of the pair for 1st of December : 0,8048
Support: 0,83189 and 0,81229
Resistance: 0,86360 ( which is also a psychological level)
On the weekly chart:
On the weekly chart the main trend seems to be a down …
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