Don’t waste your time – keep track of how NFP affects the US dollar!

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Follow us on Facebook

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

FBS Mobile Personal Area

FREE - In Google Play

View
Trading
Analytics & Education
About Us
Connect to live chat
CAD/CHF got a boost

CAD/CHF got a boost

Information is not investment advice

On the daily chart of CAD/CHF, on June 3, the pair met support at 0.7383 and rebounded. It may be a good boost for the CAD. However, on Thursday and Friday, we anticipate several economic releases that may affect the Canadian dollar. On Thursday, trade balance data will have an impact on the CAD. On Friday, investors will closely follow Canadian jobs data. Positive economic figures may push the pair further up. The first important resistance is located at 0.7463. A breakthrough above this level will lead the pair to 0.7545.

If the data doesn't encourage the Canadian dollar, an increase to 0.7463 will be limited. In this case, we may see a slide towards 0.7383. If the pair closes below it, the trendline will become another important border to cross. Moreover, we see that Awesome oscillator and MACD indicator are in the negative zone that increases risks of the fall. 

CADCHFDaily.png

Similar

Popular

Share with friends:

Choose your payment system

Visa
Mastercard
Maestro
Wire Transfer
Skrill
RAPID Transfer
NETELLER
Learn more

Callback

Please fill in the form below so we can contact you

Select the best time for us to call you. We give calls from Monday to Friday in suggested intervals. In case we couldn't get through, we will try again at the same time the next day. For getting real-time assistance, use FBS chat.

We provide only English-speaking callbacks. If you prefer any other languages, contact the support team.

We will call you at the time interval that you chose

Change number

Your request is accepted.

We will call you at the time interval that you chose

Next callback request for this phone number will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later