CADCHF: Two Equal Legs, One Trendline Retest — Target 0.5990Hook:
CADCHF's last two rally legs measured almost the exact same distance — and projecting that same distance from here lands within a few pips of the 0.5990 target.
Market Context:
FX:CADCHF is holding a clean Higher-High/Higher-Low staircase along an ascending trendline. Price has pulled b
Canadian Dollar vs Swiss Franc
No trades
No trades
Compare with CAD to CHF
Pair info
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 Long Technical Context:
Liquidity Sweep & CHOCH: Price swept recent lows near the HTF Lazy Trader CHOCH Demand zone around 0.58296–0.58319, followed by a strong displacement up creating a bullish Change of Character (CHOCH).
Demand Zone Mitigation: After forming a internal Break of Structure (BOS),
Bearish reversal setup?CAD/CHF is rising toward the resistance level, which is a pullback resistance and could reverse from this level to our take profit.
Entry: 0.58327
Why we like it:
There is a pullback resistance level.
Stop loss: 0.58868
Why we like it:
There is a pullback resistance level.
Take profit: 0.57754
Wh
Bearish breakout confirmed?CAD/CHF is rising towards the resistance level, which is a pullback resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 0.58738
Why we like it:
There is a pullback resistance level which aligns with the 50% Fibonacci retracement.
S
Bearish reversal setup?CAD/CHF is rising toward the pivot and could reverse toward the 1st support, which is a pullback support.
Pivot: 0.58548
1st Support: 0.58199
1st Resistance: 0.58869
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Market
CADCHF--SHORTHTF Exhaustion & Bearish Reversal Setup
--Following four consecutive bullish months, higher-timeframe upside momentum is visibly fading as price reaches structural exhaustion.
--The weekly timeframe printed clear bearish reversal signals last week, confirming a shift in lower-timeframe .
--Expect
CADCHF BUYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYOANDA:CADCHF is around 0.5866. Recent technical data shows the pair trading above its 8-, 21-, 50- and 100-day EMAs, while the shorter-term moving averages are also mostly bullish. However, the 200-day average remains an important resistance area around 0.5862–0.5868, so confirmation above that zon
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
Oscillators
Neutral
Summary
Neutral
Summary
Neutral
Summary
Neutral
Moving Averages
Neutral
Moving Averages
Neutral
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The current rate of CADCHF is 0.58546 CHF — it has increased by 0.15% 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 −0.53% fall over the past week, the month change is a −0.27% fall, and over the last year it has increased by 2.75%. 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 buy 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 buy signal, and 1 month rating is sell. See more of CADCHF technicals for a more comprehensive analysis.









