Correlation Analysis: CADCHF, USDCAD, USDCHF at key levels

Correlation Analysis: USDCAD + USDCHF = CADCHF

CADCHF is moving in a downtrend forming lower highs, lower lows in 1-hour timeframe chart.

cadchf fall from lower high

Now, CADCHF starts to fall from a lower high of the downtrend line.

In another side, USDCAD reached the Lower Low in 4-Hour timeframe Chart.

USDCAD reach lower low in h4 tf

USDCHF reached the Support Level in 1-hour timeframe chart.

USDCHF reach support level in h1 chart

Both USDCAD and USDCHF are correlated together in CADCHF currency pair.

Technically CADCHF standing now at the lower high of Downtrend.

Do you want to learn to make profits using chart patterns? Click here to see the complete guide on Chart Patterns.

If you like to receive more best forex signals and analysis at an accurate time, subscribe to premium or supreme signal plan here:

If you need any help or have any questions, please click here to contact now.


Forex GDP team provides High Quality Forex signals services exclusively to all type of traders around the world. Each signal given with chart analysis that helps you to trade with confidence on your account. Forex GDP team worked with Major banks, Financial Institutions, Liquidity providers, Forex brokers in different job positions such as Equity Dealer, Fund Manager, Senior Market Analyst, Risk Manager and other major roles in Forex Trading Companies. Try free now to see the quality trades on your account.