AUDCHF
AUDCHF On the verge of a strong move.The AUDCHF pair has been trading within a Channel Down since February's High and currently sits just below its top (Lower Highs trend-line). Having formed a 1D MA50/ 100 Bullish Cross and tests the Lower Highs for the 3rd time in 2 months, it is highly likely to finally break the bearish trend upwards. We will only buy though above the 1D MA200 (orange trend-line) and aim towards Resistance 1 at 0.61500. Until this break-out, we will follow the long-term bearish Channel Down and short aiming at 0.53500 (-9.09% similar to the two previous bearish sequences).
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AUDCHFLINKUSDT is trading in descending channel and printing consistent HH HLs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the sell momentum continues the next target could be 0.5900followed by 0.6000 region.
What you guys think of this idea?
AUDCHF BEARISH CHANNEL LOOKING FOR A BREAKOUTWe've identified a robust bearish channel on the weekly timeframe, pinpointing a reversal at a significant support level. Despite recent bullish attempts, the price couldn't breach the upper boundary and the established key level, leading to a reversal back towards the support. To anticipate a substantial bullish reversal and a potential rally, confirmation is needed for a breakout above both the upper boundary and the key level.
AUDCHF ____ INCOMING BEARISH MOVEHello Guy,
It's another trading week and I want to share my view on AUDCHF with you. Legggoooo!!!
If you take a look at the monthly timeframe, you will notice that price just reacted from a monthly orderblock.
If you drop down to the weekly timeframe, you will notice that price had created a bearish CHOCH and has retraced to the weekly supply OB from which we can expect a bearish continuation. You may also notice that we are currently at the neckline of the M pattern on the weekly chart.
On the daily chart, you will notice how price just took out a strong supply zone which caused a strong drop in price. You can also notice the W pattern and we should expect a retracement.
Now, I am monitoring price movement in the 1-hour timeframe to see if I can get my trade setup to go short.
Endeavor to keep this pair on your radar.
Follow for more updates like this.
Cheers.
Jabari
AUDCHF LONG Term SELLING Trading IdeaHello Traders
In This Chart AUDCHF HOURLY Forex Forecast By FOREX PLANET
today AUDCHF analysis 👆
🟢This Chart includes_ (AUDCHF market update)
🟢What is The Next Opportunity on AUDCHF Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
AUDCHF: Fakeout or Breakout?We can see we've just broken out of my channel top after a strong bullish move, but this isn't the first time and we're hitting strong resistance.
Swissie has been weak of late, unlike the Aussie, so I believe this can go either way. I'll be looking at longs around 0.589 if resistance is broken, but we may well fall back first. If we fall back below 0.578 then I'll be waiting for the triple bottom around 0.561 before looking to go long.
Obviously this could all be a fakeout and we'll be back in the channel, but I do think it's risky shorting down hear unless it's for a quick scalp as it definitely looks like a good double bottom is already in play.
Both of these currencies are gold dependent for different reasons (Aussie exporting it, Swissie holding it), and Aussie is doing well because gold is.
I'm expecting a c0ontinuation of gold strength as per my recent idea, so probably expecting this pair could keep flying?
AUDCHF Super Long signal with possible 2000pips The upcoming week appears to be relatively light on economic data, with the highlight being the RBA (Reserve Bank of Australia) rate hike. Anticipations are for another 25 basis points rate hike by the RBA, reflecting ongoing efforts to manage economic conditions. Additionally, it seems that geopolitical tensions in the Israel War are not expected to escalate further, which could impact currency markets. In this scenario, traders may find opportunities in capitalizing on the strength of the Australian dollar (AUD) and the weakness of the Swiss franc (CHF).
AUDCHF broke above triangle, to continue bullishAUDCHF
price broke above triangle structure. after a correction if price continues to hold above support I expect the price to move higher towards the next resistance..
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*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Daily Wave Rider - AUDCHF - BUYAUDCHF
Channel: GREEN
WK Pivot: GREEN
AOB: WR1
CON: SBB
BUY Stop: 0.58139
Stop Loss: 0.57379
TP01: 0.58899
TP02: 0.60419
DWR present as a buy setup on 2 NOV, with Channel and Pivot are green bouncing off weekly resistance line
However, trade is not taken/considered
SPX500: NEUTRAL
DXY: SELL
OIL: BUY
GOLD: BUY
AUDCHF - New Breakout 📈Hello Traders !
On Friday 20 October, The AUDCHF Price Reached A Daily Support Level (0.56345 - 0.56070).
Currently, The Price Failed To Create a New Lower Low.
The Last Lower High is Broken (Change of Character).
So, I Expect a Bullish Move📈
i'm waiting for retest...
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TARGET: 0.58100🎯
EURCHF I Inverted head and shoulder will keep growingWelcome back! Let me know your thoughts in the comments!
** EURCHF Analysis - Listen to video!
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AUDCHF, Breaking lower?AUDCHF / 4H
Hello traders, welcome back to another market breakdown.
AUDCHF has been trading in a down trend, the price is now in pull-back mode. I have my eyes on this previous S/R level where a potential lower high.
Checkout the chart for the trigger plan.
Trade safely,
Trader Leo