AUD FUNDAMENTAL OUTLOOK: NEUTRAL BASELINE Despite a decent recovery from the start of the year, the AUD has struggled in the midst of underlying negative risk sentiment, China’s continued struggles with Covid breakouts, and more recently the big slump in key commodities (Iron Ore & Coal). China’s economy is always a key focus for the AUD. While all major...
AUD FUNDAMENTAL OUTLOOK: NEUTRAL BASELINE Despite a decent recovery from the start of the year, the AUD has struggled in the midst of underlying negative risk sentiment, China’s continued struggles with Covid breakouts, and more recently the big slump in key commodities (Iron Ore & Coal). China’s economy is always a key focus for the AUD. While all major...
Not so good news for AUD on the RBA interest rate decision, COT bearish for AUD and neutral for CHF. The pair might retest the key zone before heading lower.
Hey traders, in today's trading session we are monitoring AUDCHF for a selling opportunity around 0.667 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Hi Traders, AUDCHF is setting up for the next bearish impulse run as looking on the HTF we can see price impulsively pushed downward and followed by a bearish continuation correction. On the LTF we can see a H&S pattern to indicated a Breakout could happen. Trade Safe Thanks
Hey traders, in tomorrow's trading session we are monitoring AUDCHF for a selling opportunity around 0.666 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Happy Monday! Well, it's been great start already got in some trades hit TP but I am just checking the overall market and this specific currency pair is brewing for nice trade! C&H Pattern break above - important note is that trendline down! And if we can't go above the TL then we sticking to range trade and perhaps re-test those lows. Have a great week ahead TJ
The AUDCHF pair is seeing a short-term rebound following the July 01 Low and is approaching the 1D MA200 (orange trend-line) and 1D MA50 (blue trend-line). It has been trading below the latter since June 16 and the former since June 17. The emerging Death Cross formation (when the MA50 crosses below the MA200) can put a stop to this short-term recovery and push...
Big move today for the Australian dollar, with selling pressure for the franc. The pair breaks the bearish channel and forms an ascending triangle pattern as a reversal. must wait for the pullback and retest the key level before going long . subscribe for daily free signals
AUDCHF on the daily chart is testing a weekly support. The price after a series of lower low went for the last test of the 0.70500 area and search for the liquidity for the next bearish move. How can i approach this scenario? I will wait for the break below the structure and in that case i will look for a nice short order according to the Plancton's strategy...
Hey traders, in today's trading session we are monitoring AUDCHF for a buying opportunity around 0.65 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
You may short first, but focus on long when reach entry area. I will update the target soon, until the price bounce arround my entry area and make a correction before go up.
Falling wedge one of my fave chart patterns. We are yet to have a breakout of the upper trend line, this is what will confirm our entry. We see no resistance problems until we hit the previous double top where major sellers are
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. AUDCHF is overall bearish trading inside the brown trendlines and now approaching the lower brown trendline. Moreover, the green area 0.6670 - 0.6700 is a resistance turned into support. So the highlighted purple circle is a strong area to look for buy setups as it is the...
The AUDCHF pair has been neutral since the start of April following our plan with great consistency, as outlined on our last analysis: As you see, the price has been trading inside that box as the June - September 2020 fractal suggested. This time, we also have the 1W MA200 (red trend-line) that provides support. The 1D MACD shows that we are at a point where...