Indicator | 4H | 1D | 1W |
MACD (12; 26; 9) | Sell | Buy | Sell |
RSI (14) | Neutral | Neutral | Neutral |
Stochastic (5; 3) | Neutral | Neutral | Neutral |
Alligator (13; 8; 5) | Sell | Buy | Neutral |
SAR (0.02; 0.2) | Sell | Buy | Buy |
Aggregate | ⇒ | ⇒ | ⇒ |
Downside risks has been dominated the CAD/CHF currency pair since the rate reversed from the upper boundary of a long-term descending channel at 0.7720.
The pair managed to reverse to the upside from the Fibonacci 50.00% at 0.7575. Currently, the exchange rate is trying to surpass the resistance cluster formed by a combination of the 55-, 100-, 200-hour SMAs, as well the weekly PP and the Fibonacci 61.80% in the 0.7603/0.7650 range. If given resistance holds, the pair go downside to the support cluster formed by the weekly S2, the monthly PP and the Fibonacci 38.20% in the 0.7487/0.7513 range.
Otherwise, the pair could re-test the upper channel line located near 0.7700.