In this chart we have observed a Bearish Continuation pattern making LH & LL . But there is Bullish Divergence spotted which give us the signal of potential reversal towards bullish trend. So we have placed entry point above the LH level as it breaks we take an entry and we put SL & TP accordingly.
Take a look at our analysis for AUDCHF.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 0.586.
Considering the today's price action, probabilities will be high to see a movement to 0.591.
P.S
We determine oversold/overbought condition with RSI indicator.
When...
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Looking to short Achf, chf crosses looks like they are turning...watching.
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Hello,Traders!
AUD-CHF keeps falling but
The pair will soon retest
A horizontal support level
Of 0.595 from where we
Will be expecting a local
Bullish rebound
Buy!
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Trend Analysis:
AUDCHF is currently exhibiting a Bullish trendline on the 4-hour time frame, indicating a favorable upward trajectory in the market sentiment. Additionally, the currency pair adheres to Dow Theory principles, further reinforcing the bullish bias.
Fibonacci Retracement:
A retracement to the 0.786 Fibonacci level has been observed, signaling a...
Hello,Friends!
We are going short on the AUD/CHF with the target of 0.585 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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On the monthly charts we have a long term bearish trend forming new lows. There are imbalances likely to be cleared when there is a bullish correction.
On the lower time frames, we signs of a bullish correction forming though we do not yet have a clear confirmation. On the 4 hour,we have internal bullish structure with minor bearish correction. Once we have a...
As a wise trader once said:
"Trading is a simple game. What makes it so complicated is the presence of the SNB."
In short and simple terms:
I'm buying the AUD against the CHF for a long-term swing trade.
The reasons for this are short and sweet:
- As predicted back in February, Swiss inflation fell below 2% in July.
- As predicted, Swiss inflation fell much...
#AUDCHF
UPDATE
Hey team we are here to update about AUDCHF. AUDCHF has crossed the main resistance level. Now this is exactly on the way to our main target. In this move we can see gain upto 200Pips+ . Always trade with Confidence
Hello,Traders!
AUD-CHF is trading in an
Uptrend and the pair is now
Making a local pullback
To retest the horizontal
Support of 0.5919 so
After the retest we will
Be expecting a further
Move up because we
Are bullish biased
Buy!
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✅AUD_CHF is now retesting a strong support level around 0.5913
After a local correction move
And I think that we will see
A rebound and a move up
LONG🚀
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Hello,Friends!
Previous week’s green candle means that for us the AUD/CHF pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 0.581.
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I am looking to short AudChf as it has broken the trend line and is retesting the previous support/resistance zone. Should it break above the last resistance then my setup will be invalid.
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...
Hello,Traders!
AUD-CHF keeps growing
In an uptrend but the pair
Will soon hit a horizontal
Resistance level of 0.60009
And after the retest a bearish
Correction is to be expected
Sell!
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AUD/CHF could fall towards a pullback support and potentially bounce off this level to climb higher.
Buy entry is at 0.59212 which is a pullback support.
Stop loss is at 0.58500 which is a level that lies underneath a pullback support.
Take profit is at 0.59943 which is a level that aligns with the 100.0% Fibonacci projection level.
High Risk Investment...
OANDA:AUDCHF has given strong breakout on upside indicating potential bullish rally ahead. It has currently retraced to well over 50% fib. Can we go long on premium price levels ?
AUDCHF
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short AUDCHF
Entry Point - 0.5923
Stop Loss - 0.5949
Take Profit - 0.5869
Our Risk - 1%
Start protection of your profits from lower levels
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