| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Sell | Sell | Sell |
| SAR (0.02; 0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇘ |
The CAD/CHF currency pair has been trading in a descending channel during the past two months. During this period, the exchange rate tested the upper boundary of the prevailing channel twice.
The price movement continues to diminish its trading range and maintaining the descending channel.
In the meantime, technical indicators suggest bearish signals for the rest of this week, thus indicating that bears are likely to grow stronger during the following trading sessions. Meanwhile, a breakout through the lower boundary of a triangle pattern is likely to occur within the following trading hours.