The chart pretty much says it all trend-line breakout will confirm higher highs China data released on the 31st March came in very strong
Hi All, over the best 3 weeks i have bought and sold this pair inside the range . As you can see the demand for CHF is still high , hence why the price is stuck within the range . On the downside , if the AUD economy and reports don't go awol , we should be limited to any further downward movement. On this bias i'm opening another buy for this week Many Thanks.
AUDCHF is approaching our first resistance at 0.7079 (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6%, 50% Fibonacci retracement) where a strong drop might occur below this level to our major support at 0.7046 (horizontal overlap support, 61.8% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure. Trading CFDs on...
Price has reached a support level, and has touched the lower trendline on the H4 chart. Prepare to go long.
View On AUD/CHF (24 March 2019) The risk-off attitude shall trigger this pair to go lower. This pairs shall be in the downtrend for a few weeks at least. We just have too much overhead resistant above. The areas such as 0.709 and 0.72 will resist well. Every decent bounce up is a good chance to sell now. As it goes lower, it should retest 0.7010 soon. Just...
AUDCHF is approaching our first resistance at 0.7184 (horizontal swing high resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level to our major support at 0.7056 (horizontal swing low support). Stochastic (21,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading...
Hi All , I will be looking at opening a buy from 0.70500 with a target of 0.71-72-73 . SL 0.69654 I will be looking at a more aggressive entry from Now & add to more position on every dip. Take into account Auz news in few hours. So trade will be monitored. Many Thanks.
Here we have an opportunity to short AUDCHF again. We have yet another head and shoulders pattern, a bear flag (in black), and confluence with support and the 1.272 level.
AUDCHF is approaching our first support at 0.7050 (horizontal swing low support, 78.6% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce might occur above this level to our major resistance at 0.7518 (50% Fibonacci retracement). Stochastic (89,5,3) is approaching support as well. Trading CFDs on margin carries high risk. Losses can exceed...
If Aud/Chf hits yellow box without breaking the high at 72108, that would complete a 7 swing corrective sequence. I just posted the weekly so you can see the higher time frame picture of uptrend I see.
AUDCHF Has formed another Head and Shoulders pattern and the neckline has been broken. I expect further downward movement, as the pair has also reversed off of the upper channel resistance on a larger timeframe
Entry price, stop loss and targets are mentioned on graph.
WE have entered a short on AUD CHF a nice quick +100 pips trade here a tidy 5 to 1 account builder have a great trading week
Hi traders, The 4-hour chart of AUDCHF shows that the breakout and retest of the Head & Shoulder pattern neckline is a complete 5-3 wave cycle. . The breakout shows a leading diagonal pattern in wave (i) and a zigzag pattern in wave (ii). . Considering that the corrective structure is completed and price also retested the broken neckline that lined up with...
Stop loss, entry price and targets are mentioned on chart.
GDP AND CPI During the upcoming trading week the United States economy is heavily in focus, with the world’s largest economy releasing a slew of high impacting data points, including Retail Sales, CPI, PPI, Durable Goods, Housing and Consumer Confidence data. The British pound is likely to remain volatile this week as we see another key Brexit vote in UK...