Which One Is Better in 2016??

[Khurram Mustafa]

CAD CHF:

SHORT COMMENT: The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover The pair is above its 20 & 50 MAs

LONG: The Upside Prevails as long as support level 0.736

SHORT: Breakout of 0.736 will call for 0.718 & 0.708  

RSI: The RSI (Period 14) is above 50.

FIBO: In between 76.4 & 61.8 levels (0.736 support level) 

MA: Trend is still above the MA (Period 13) line

TREND (D1) = BEARISH

SUPPORT	RESISTANCE
S1 = 0.736	R1 = 0.781
S2 = 0.718	R2 = 0.791
S3 = 0.708	R3 = 0.801

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CAD JPY:

SHORT COMMENT: Under Pressure

LONG: Above 87 Look for further upside 89 and 91 as targets

SHORT: Below 87 will target 78.8 & 76.25  

RSI (14): The RSI is above 50.

FIBO: Breaking 23.6 level 

MA (13): Trend is reverse

TREND (D1) = BEARISH

SUPPORT	RESISTANCE
S1 = 78.8	R1 = 87
S2 = 76.25	R2 = 89
S3 = --	R3 = 91

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CHF JPY:

SHORT COMMENT: Under Pressure - Mixed to Bearish

LONG: Above 121 Look for further upside 124 and 127 as targets

SHORT: Below 121 will target 112 & 109.8  

RSI (14): The RSI is below 50.

FIBO: In between 0 to 23.6 levels 

MA (13): Trend is lower the line and breaching yesterday low

TREND (D1) = BEARISH - MIXED

SUPPORT	RESISTANCE
S1 = 112	R1 = 121
S2 = 109.8	R2 = 124
S3 = --	R3 = 127

 

NOTE: MARKET IS NOT PERFECT PREDICTABLE, BE CAREFUL ALL TIMES. 

[Francis Dogbe]

CHF pairs are not reliable thesedays

[Khurram Mustafa]

Francis Dogbe:
CHF pairs are not reliable thesedays

yeah :)

[Pasi Hakamaki]

Both.