I see bullish divergence at rsi on weekly chart for AUD/CHF pair. Long term targets(min 1 months): 0,7241 0,7375 0,756 0,767 Stoploss: 0,683 Have a nice day, Berk
Respected followers, AUDCHF is comes into bearish mode. As we can see that AUDCHF clearly rejected it's very long term trend line, which indicate of strong selling pressure.
AUDCHF Timeframe: 1D Direction: Short Confluences for Trade: - Bearish Engulfing Candle (Daily) - Stochastics Overbought Condition (1D) - Rejection of 50% Fibo line - Rejection of Horizontal Trendline (since Feb 2018) - Price action reversed against Resistance of the Parallel Channel - Fundamentally, AUD is pressured downwards with the growth concerns...
A bullish signal on the AUD-CHF Daily chart, with the target in the area 0.7340/0.7375 and stop loss at 0.6955/0.6960. As often happens with this pattern, it's possible a pullback on the blue trendline.
FX:AUDCHF / H1 / TECHNICAL CHART
The price made a double bottom and now, already have a higher high. Just broke the down trend line and the lower time frame resistance. I`m waiting for correction to go long!
We have a change in bias on AUDCHF. At TP1 close 50% of trade and move stop to entry. Extended target is the next monthly support channel.
Short-term Trading Idea For today - AUDCHF is approaching support where we expect a bounce above this level
This pair has been range bound since April and has been in and out of the range area bouncing off a rising trend line since 2015. RSI is now declining after rejecting the high of the channel for the fourth time and I'm setting a buy order @0.74 with a trailing stop below previous support and the trend line down @0.73 so reduce your leverage to ensure it's within...
Hi there, the flat on the 15M will be completed in a few hours, giving us another impulse up. I will be waiting patiently for this trade. MisterRay
BUY THE BREAK , price will bounce on fibo level then break the 1h trednline
AUDCHF Has really rallied up to test the trendline going back to 2015. AUDCHF made a new low last week and just continued up after that, creating higher lows and higher highs. I believe we will see some correction or rejection for next week before continuing up, maybe all the way up to the weekly 200MA. If the price continues lower than bias will change. For...