Indicator | 4H | 1D | 1W |
---|---|---|---|
MACD(12;26;9) | Sell | Buy | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Buy | Neutral |
Alligator(13;8;5) | Sell | Neutral | Sell |
SAR(0.02;0.2) | Sell | Sell | Buy |
Aggregate | ⇘ | ⇒ | ⇒ |
The Canadian Dollar has declined by 89 pips or 1.28% against the Swiss Franc since last week's trading sessions. The CAD/CHF currency pair breached the 0.6900 level this week.
Technical indicators suggest selling signals on the 4-hour time frame chart. Most likely, bears could continue to push the exchange rate lower during the following trading sessions.
However, a support level at 0.6860 might provide support for the currency exchange rate in the shorter term.