Tag: CADCHF

• CADCHF reversed from support level 0.7100 • Likely to rise to resistance level 0.7200 CADCHF recently reversed up from the key support level 0.7100 (which stopped the sharp downtrend in September), standing near the lower daily Bollinger Band. The upward reversal from the support level 0.7100 stopped the earlier short-term impulse wave 3. Given […]

• CADCHF falling inside wave (2) • Likely to test support level 0.7200 CADCHF recently reversed down with the daily Shooting Star from major resistance level 0.7400 (former strong support from the end of August). The downward reversal from the resistance level 0.7400 started the active intermediate ABC correction (2). CADCHF can be expected to […]

• CADCHF reversed from key support level 0.7100 • Likely to rise to resistance level 0.7185 CADCHF currency pair recently reversed up from the key support level 0.7100 (former multi-month low from December) intersecting with the lower daily Bollinger Band. The upward reversal from the support level 0.7100 stopped the earlier short-term impulse wave 3 […]

• CADCHF reversed from long-term support level 0.7375 • Likely to rise to resistance level 0.7450 CADCHF currency pair recently reversed up from the long-term support level 0.7375 (former resistance from January, which has been steadily reversing this pair from March). The support zone near the support level 0.7375 was further strengthened by the lower […]

• CADCHF broke resistance level 0.7700• Likely to rise to resistance level 0.7800 CADCHF currency pair rising steadily after the price broke above the resistance level 0.7700 (which stopped the previous minor impulse wave (i) at the start of this month). The breakout of the resistance level 0.7700 coincided with the breakout of the daily […]

• CADCHF reversed from resistance level 0.7620• Likely to fall to support level 0.7535 CADCHF currency pair today reversed down from the key resistance level 0.7620, standing near the upper daily Bollinger Band and the resistance trendline of the daily up channel from February. The downward reversal from resistance level 0.7620 stopped the previous short-term […]

• CADCHF under strong bullish pressure• Likely to rise to resistance level 0.7700 CADCHF currency pair is under strong bullish pressure after breaking through the major resistance level 0.7500, which has a long history of reversing this pair. The breakout of the resistance level 0.7500 accelerated the active impulse waves 3 and (3) which then […]

• CADCHF reversed from resistance level 0.7420• Likely to fall to support level 0.7350 CADCHF recently reversed down from the pivotal resistance level 0.7420 (previous monthly high from November), intersecting with the upper daily Bollinger Band. The downward reversal from the resistance level 0.7420 stopped the previous impulse waves (iii), (c). CADCHF can be expected […]

• CADCHF reversed from support area• Likely to rise to resistance level 0.7300 CADCHF continues to rise after the earlier reversal from the support area located between the key support level 0.7200, lower daily Bollinger Band and the 61.8% Fibonacci correction of the previous upward wave 2 from December. The upward reversal from this support […]

• CADCHF reversed from resistance level 0.7300• Likely to fall to support level 0.7250. CADCHF currency pair recently reversed down from the pivotal resistance level 0.7300 (which has been reversing the pair from the start of February). The resistance zone near the resistance level 0.7300 was strengthened by the upper daily Bollinger Band and by […]