CADCHF: Great Buying OpportunityI see a nice positive signal on the 📈CADCHF chart, indicating a potential uptrend following a retest of a key daily resistance level.
The price formed an ascending triangle pattern and has broken above its neckline on the 4-hour chart.
I anticipate a rise in price to at least 0.6014.
About Canadian Dollar/Swiss Franc
The Canadian Dollar vs. Swiss Franc pair is often recognized as a carry trade vehicle because of the relationship between a low yielding, safety geared currency (CHF) and a higher yielding, growth related one (CAD). The CHF is considered to be safety geared and low yielding because of its reputation as a safe harbor and haven for foreigners depositing their wealth in a foreign private banking system. The CAD is considered to be a commodity currency because of its exporting of natural resources which makes it sensitive to investors' outlooks on global economic growth.
CADCHF BULLISH OR BEARISH DETAILED ANALYSISCADCHF is currently trading around 0.59 and is showing a strong bullish wave setup on the 8H chart. Price has bounced cleanly from a key demand zone, with a visible bullish engulfing structure, suggesting buyers are stepping in aggressively. My target for this setup is 0.61, aligning with a previous
CAD/CHF Long SetupCAD/CHF broke above a short-term resistance at 0.5939, showing signs of a bullish reversal.
RSI and MACD on the 4H chart are turning bullish.
Crude oil prices are slightly stabilizing, offering temporary support to CAD.
CHF is relatively weak across pairs today, supporting a CAD/CHF move higher.
CADCHF 4H Short Opportunity from 0.6181 → 0.5835 (R:R ~8.5:1)Chart: 4-hour CADCHF
Setup: Supply-zone rejection into downtrend continuation
🔍 Analysis
Trend: Clearly lower highs & lower lows since late March.
Supply Zone: 0.6180–0.6200 — price has stalled here twice and printed bearish wicks.
Fibonacci Confluence: Entry sits at the 61.8% retracement of M
CAD/CHF SENDS CLEAR BEARISH SIGNALS|SHORT
CAD/CHF SIGNAL
Trade Direction: short
Entry Level: 0.595
Target Level: 0.581
Stop Loss: 0.605
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 17h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
CAD/CHF H8 AnalysisThe overall market direction is bearish with sellers in control.
However, with a triple rejection of circa 0.58500, we have seen a bottom formed and buyers now in play.
There is a potential for price to continue bullish towards the trendline.
This is an idea of what MAY happen. Always trade with
CADCHF: Still Bullish 🇨🇦🇨🇭
Last week, I shared a very bullish outlook for CADCHF
based on a breakout and a retest of a key daily structure.
I keep holding a long trade on the pair and still expect growth.
Goal - 0.602
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related currencies
Frequently Asked Questions
The current rate of CADCHF is 0.59415 CHF — it has increased by 0.06% in the past 24 hours. See more of CADCHF rate dynamics on the detailed chart.
The value of the CADCHF pair is quoted as 1 CAD per x CHF. For example, if the pair is trading at 1.50, it means it takes 1.5 CHF to buy 1 CAD.
The term volatility describes the risk related to the changes in an asset's value. CADCHF has the volatility rating of 0.13%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The CADCHF showed a 0.14% rise over the past week, the month change is a −1.92% fall, and over the last year it has decreased by −10.03%. Track live rate changes on the CADCHF chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
CADCHF is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade CADCHF right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with CADCHF technical analysis. The technical rating for the pair is sell today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the CADCHF shows the sell signal, and 1 month rating is sell. See more of CADCHF technicals for a more comprehensive analysis.