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Trader Journals:::2026-05-05T11:11:44

CAD/CHF

CAD/CHF, Tuesday 05 May 2026

CAD/CHF

The CADCHF currency pair yesterday was relatively slow. As of tonight on the H4 timeframe, the candle is still oscillating around the opening price level at 0.57500, located at the intersection of the purple EMA50 and blue EMA21 lines above the dynamic support line of the orange EMA200. Meanwhile, the CCI14 indicator still appears to be oscillating above the neutral area of zero. In general, the plan to BUY CADCHF for today is still a profitable trading option, by placing a stop loss at the EMA200 support area at the price of 0.57270 and a take profit target at the higher area of 0.57900.
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