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Trend Hunter performance since 2015 for this symbol

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Weekly forecast Canadian Dollar vs. Swiss Franc technical chart
Symbol CADCHF

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Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateSat, 10/06/2018 - 15:14
Currentrange bound
Forecastbeginning of uptrend
Last weekBullish

Midterm forecast:

  • There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 0.7530 would begin in Midterm.

Technical analysis:

  • The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 64.

Supports and Resistances:

  1. 0.7960
  2. 0.7820
  3. 0.7705
  4. 0.7620
  5. 0.7570
  6. 0.7485
  7. 0.7425
  8. 0.7365
  9. 0.7225
  10. 0.7125
  11. 0.6805
Click on the level to view price action history.