Price is rising towards a resistance level which is an overlap resistance level which aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.58668 Why we like it: There is an overlap resistance level which aligns with the 50% Fibonacci retracement Stop loss: 0.59335 Why we like it: There is a pullback resistance...
Today after China's economic data, the Market is betting dovish on AUD. We believe the price has made an ABC correction and it likely started the next downward impulse wave Confirmed by a broken trendline. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Looking to short Achf, chf crosses looks like they are turning...watching. Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the...
The AUDCHF pair has just formed a Golden Cross on the 1D time-frame but even though it is theoretically a bullish structure, it hasn't historically behaved as such for this pair. We view its effect on the 1W time-frame in order to go as back in time as possible and get conclusions. In the past 10 years (since the May 2014 1D Golden Cross, which was bullish) there...
Today, the RBA meeting spoke neutrally about AUD. Without any possible Hawkish scenarios, AUD is not bullish nor bearish either. But since USD is wiping every minor currency in the market, AUD has been affected too. Currently, We are bearish on AUD/CHF. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and...
Hey Traders, in today's trading session we are monitoring AUDCHF for a buying opportunity around 0.57850 zone, AUDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.57850 support and resistance area. Trade safe, Joe.
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. pullback could be in place but likely to look more to the upside and taking longs on pullbacks Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the...
Hey Traders, in the coming week we are monitoring AUDCHF for a buying opportunity around 0.57800 zone, AUDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.57800 support and resistance area. We would also like to consider the current easing inflation in Switzerland which could trigger some CHF weakness in...
In the upcoming trading week, we're keeping a close eye on AUDCHF for a potential buying opportunity near the 0.57450 zone. AUDCHF is currently undergoing a corrective phase within its uptrend, approaching the critical support and resistance area. Adding a fundamental layer to our analysis, it's noteworthy that inflationary pressures in Switzerland are showing...
💹 Forex Quick Check: #AUDCHF 📉 Trend: BEARISH 🚀 Action: SHORT @ 0.56470 🎯 TP: 0.55600 🔍 Insights: Hey traders. Welcome to Anna Trade Charts. Here we had another analysis for #AUDCHF. AUDCHF is in the major downtrend according to the HTF. We can see the it breaks the down trend line and then is going to retest them. There is a liquidation pool formed...
Hello TradingView Family / Fellow Traders, On Daily: Left Chart AUDCHF is retesting a strong resistance zone so we will be looking for sell setups on lower timeframes. On H1: Right Chart 📈 For the bears to take over, we need a momentum candle close below the last major lower in gray. 📉 Meanwhile , AUDCHF would be bullish, and can still trade higher inside...
AUDCHF is trading in a bearish trend. After a strong selling wave, the pair was consolidating for 2 weeks within a narrow range on a daily. Yesterday, the support of the range was broken. We see its retest now. I expect a bearish movement lower. At least to 0.5636 level. ❤️Please, support my work with like, thank you!❤️
Hey Traders, in the coming week we are monitoring AUDCHF for a buying opportunity around 0.56800 zone, AUDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.56800 support and resistance area. Trade safe, Joe.
#AUDCHF UPDATE Hey Traders, Hope you are enjoying your trading journey and our trading analysis. We are here to update you about our another analysis about #AUDCHF. Traders, Anna is monitoring the Forex pair #AUDCHF. AUDCHF is going down and following the descending rectangle pattern in the LTF. Here we can see that there is a high probability order block zone...
The AUDCHF pair is trading within a Triangle pattern since August with the 1D MA200 (orange trend-line) acting as the Resistance, having consecutive near rejections in December. If that breaks, we expect an aggressive bullish run towards Resistance 2, despite the presence of Resistance (0.952625). In that case, we will buy the break-out and target 0.61500 (just...
#AUDCHF UPDATE Hey Traders, Hope you are enjoying your trading journey and our trading analysis. We are here to update you about our another analysis about #AUDCHF. Traders, Anna is monitoring the Forex pair #AUDCHF. Here we ll can see that in the daily time frame, this pair was in the strong down trend and then it breaks the trend line toward upside and now...
PAIR: AUDCHF On both the 1H and 4H timeframe, we can notice continuous bounces off the 0.57275 level Price then climbed sharply and has been consolidating in a triangle pattern. This could be a signal for continued upside movement in the near future. This trade setup will be invalid when price breaks under 0.57880
Two trading areas, in my opinion, the price will bounce from them. I added a horizontal line to stop loss. As for the profit, it depends on the method of taking some of the profit and completing with the rest, and so on. The analysis depends on the gaps between the tails of the candles from which the price bounced at least once. warning . I do not know the...