AUDCHF is approaching its support at 0.71975 (61.8% & 100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 0.7221 (50% Fibonacci retracement, horizontal swing high resistance). Stochastic (55, 5, 3) is approaching its support at 3.4% where a corresponding bounce could occur.
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1 Day Actions on - A – Activating Event Currency Pair creating a Triple Top . B – Beliefs Market will be rejected at @0.723 level and move towards the first Target 1 level @ 0.72 level. FX:AUDCHF Trade Management Entered @ Still waiting for confirmation. Stop Loss @ Still...
AUDCHF LARGO ESPERANDO CONFIRMACION EN FIO 38.2 PARA HACER UN DOBLE PISO
Hi there. Price has completed the C wave to continue with the up move. You can see clearly how price moves impulsively at the bottom of the big pattern and now is forming a continuation pattern to the upside. Watch strong price action at the current price for buy.
AUD/CHF recently broke structure support... If we follow trend, we should wait for retest of that support (now resistance) and short to next level of structure. We see AUD/CHF following the blue trendline in the upward direction, so we will look at this as our next level of structure. As seen on the chart, the blue trend line and pink support level meet at our target.
AUDCHF is approaching our first resistance at 0.7235 (horizontal overlap resistance, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 0.7165 (horizontal swing low support, 38.2% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance and seeing a...
AUDCHF reversed off its resistance at 0.7236 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where it could potentially drop further to its support at 0.7195 (61.8% Fibonacci retracement, horizontal swing low support). Stochastic (55, 5, 3) reversed off its resistance at 95% where a corresponding drop could occur.
AUDCHF is approaching our first resistance at 0.7235 (horizontal overlap resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 0.7165 (horizontal swing low support, 38.2% Fibonacci retracement). Stochastics (34,5,3) is also approaching resistance and we might...
The pair has failed to extend break above 200-DMA, slips lower with a spinning top formation at highs. Risk-off action on the Asian equities and a non-eventful RBA minutes keep the Aussie on the backfoot. Technical indicators have turned bearish. Stochs and RSI have rolled over from overbought levels and are biased lower. MACD is showing a bearish crossover on...
AUDCHF is approaching our first support at 81.82 (Horizontal swing low support, 76.4 fibonacci retracement, 61.8 fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 82.70 (horizontal swing high resistance, 78.6% fiboancci retracement, 61.8% fibonacci extension). Stochastic (55,5,3) is approaching...
NZDUSD is approaching its resistance at 0.6824 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing high resistance) where it could potentially reverse down to its support at 0.6769 (50% Fibonacci retracement, horizontal overlap support). Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
NZDUSD bounced nicely off its support at 0.6695 (100% Fibonacci extension, 38.2% & 61.8% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 0.6695 (61.8% Fibonacci retracement, horizontal swing high resistance). Stochastic (55, 5, 3) is bounced off its support 6% where a corresponding rise could occur.
AUDCHF is approaching our first support at 0.7217 (horizontal pullback support, 23.6% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 0.7315 (horizontal overlap resistance, 61.8%, 76.4%, 50% Fibonacci retracement). Stochastics (34,5,3) is approaching support where we...
AUDCHF Bearish Continuation in Sight Details are on the chart. Awaiting rejection of the retested rejection zone. Happy Trading!