CAD/CHF 4H Chart: Bullish sentiment next week

Note: This section contains information in English only.
Source: Dukascopy Bank SA

Indicator 4H 1D 1W
MACD (12; 26; 9) Sell Buy Buy
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3) Sell Neutral Neutral
Alligator (13; 8; 5) Neutral Neutral Buy
SAR (0.02; 0.2) Buy Sell Buy
Aggregate

The Canadian Dollar has been trading in a triangle-like formation pattern against the Swiss Franc September. The currency pair re-tested the upper boundary of the pattern at 0.7680 on November 5. 

The exchange rate has been moving sideways within a range of 0.7548 and 0.7700 since the beginning of October.

Everything being equal, it is likely that the CAD/CHF currency exchange rate increases its trading range during the following week.

Moreover, technical indicators on the weekly time-frame suggest a bullish sentiment during the next week trading sessions.

Actual Topics

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台,SWFX和其它相关交易详情,
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台,SWFX和其它相关交易详情,
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.