Aussie continues to trade under immense pressure, AUD/CHF slumps to fresh 4-month lows. Aussie dented from hawkish FOMC monetary policy statement, falling commodity prices and disappointing release of Australian trade balance data and China Caixin Services PMI. A modest recovery in copper prices, and RBA Governor Lowe’s hawkish comments failed to lend any...
Break down from the strong support. I am bullish on CHF and is looking for more downside. Will look for short should price retrace back to the "support turned resistance" zone
Long AUDCHF @ 0.7410, TP 0.75613; kindly let me know what you think
Edited last trade. Buy: 0.74937 SL: 0.74623 TP: 0.76136
AUD/CHF has been rejected at session highs at 0.7581, intraday bias lower. The pair finds strong support by daily cloud base at 0.7538, break below will accentuate weakness. Technical studies are bearish, break below daily cloud raises scope for test of 200-DMA at 0.7502. Violation at 200-DMA to see test of 0.7475 and then 0.7435 (Nov 11 low). On the flipside...
Bullish mode coming in. Price reaching support. 0.75 will be a good support
AUDCHF has formed a bullish engulfing candlestick pattern. TP set at 61.8% fibonacci retracement level.
AUD/CHF retraced brief dip below 200-DMA at 0.7484 on Monday's trade. However, recovery attempts on the day were rejected at session highs at 0.7529. The pair has slipped lower to currently trade unchanged at 0.7503 level. Momentum studies are bearish, break below 200-DMA will see test of channel base at 0.7375 levels. On weekly charts the pair has slipped...
We have seen the market find support again at 0.7480. A hammer was form on a 4hr time frame.
The pair has broken the trend line and it seem to me the retest already took place. Watching strong close below 0.76300 to go lower. First target - 0.75000
Bullish mode turn on. waiting for it to inch lower to the black dotted line and I will take a long trade. The upcoming week seems like aud will be quite strong...
Hi guys, I wanted to take a look at the EUR on a large time frame and I was surprised at what I found. I figure I would look at the other currencies and post my results. Here is a look at Macro on the Market Barometer. Keep in mind that we are looking at very large time frames, but... the long term trend predictions tend to be very accurate. I broke down each...
It's a good bullish indication, when you see one very bearish day (2017-03-16) being "hugged" by bullish days. Hoping to see a clear bullish day tomorrow as well by the end of day, to get the well known 'Three Bullish Soldiers'. Much as I like word play, I do not blindly follow that indication, yet, adding macro economics and several others indicators, it shows a...
Last day, price rejected 61,8 of fibonacci retracement. Today we can see nice breakout that confirms a probably bearish movement.
Analyzing AUD CHF we see market seems to be incline to go short this time. TK crossover is turning over as well as if price goes on as it is once it close current candle we will break Kijun and also bear fractal giving us green light to enter in the market. If we zoomed in H4 the line market at 0.76303 show us a possible fractal zone where we can look for price...
AUDCHF has been screaming 'sell' for a while now, I've just waited for the catalyst which I think we just got today. CHF just came out with strong numbers on the consumer price index. Helping this setup to take off. We just passed 25EMA (not shown on this chart) and a cross over on a midterm stochastic (not on this chart). Cash is building up with weak buying...