INDICATORS : RSI, Volatility, Volume, HMM


KEY PRICE LEVELS : 0.7298 0.7707 0.80001


Weekly CHARTS PATTERN : resistance line , W1 Chart.



Weekly VISION



CAD/CHF is moving in a bullish dynamics with a support zone at 0.7298. The chart analysis indicates the bullish retracement dynamics. It could be be supported by the slowing RSI momentum indicator. The Hidden Markov Indicator is coherent with a slightly bullish retracement. The 0.77092 area is evaluated as resistance area.


Daily VISION



The D1 scale indicates that CAD/CHF is in a slightly bullish regime. The chart analysis indicates 0.7683 as a possible key level price. This resistance area could also lead to a Canadian dollar recovery . HMM in this scale statistically register a bullish retracement but the RSI and the chart analysis support a slightly regime.



FORECAST EVALUATION



To give an evaluation of the possible movements of the cross it is utilized the Hidden Markov indicator techniques.
With the combination of the price lines and the stochastic Hidden Markov Processes are indicated two possible forecast value.
  1. The forecast value in the bullish s is valued at 0.72982
  2. The forecast with the bullish cycle is valued at 0.77082


Figure 1 describes in a W1 bearish trend with the key price levels.






Figure 2 exhibits the hypothetical path and the forecast value
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