Tag - cad - canadian dollar

Where will CAD/CHF go?

EUR/CAD tested 1.5040 yesterday but then closed below 1.50.

We've got a 'Hammer' pattern, which has been confirmed. There's no any reversal pattern so far, but it's likely to have...

GBP/CAD has been trying to break above the 200-week MA at 1.7735 for 4 weeks.

It's likely that the pair is going to test the nearest resistance at 1.3391. However, if a pullback from this level happens little later on...

Take a look at the weekly chart of CAD/CHF. A longer-term trade idea may emerge from here.

There's no any bearish pattern so far. In this case, we should watch the nearest resistance at 1.3559 as a potential target...

The last bearish 'Shooting Star' and 'Harami' haven't been confirmed and there's no any reversal pattern so far...

There's a bullish 'Three Methods' pattern, which has been formed above the 55 Moving Average, so the price is approaching...

USD/CAD met resistance in the 1.3490 area (resistance line connecting April and May highs).

Risk aversion persists and so far there are no signs that the situation will improve.

Technical analysis of CAD/CHF