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🎯
AUDCHF
EURCHF I Inverted head and shoulder will keep growingWelcome back! Let me know your thoughts in the comments!
** EURCHF Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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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
AUDCHFIs AUDCHF exhausting at strong resistance level?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after reaching at resistance level and bearish divergence suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 0.5660 followed by 0.5610.
What you guys think of it
AUDCHF H4 | Bullish bounce off 161.8% fibo extension?Price could bounce off our sell entry at 0.5617, which is a major swing low support level, aligning with the 78.6% fibo projection and 161.8% fibo extension, showing fibo confluence. Our stop loss is at 0.5577, which is below the 100% fibo projection and major swing low support level. Take profit is at 0.5673, which is a pullback support level.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM Australia Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
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Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
AUDCHF: 24/10/2023: It looks bullish!
The price had a bullish reaction after collecting liquidity below the major low and after that changed the market structure to the bullish.
Now we can expect that the price will collect liquidity under the previous low and then start the upward move.
💡Wait for the update!
🗓24/10/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
AUDCHF H4 | Bullish bounce off 38.2% fibo?Price is falling to our buy entry at 0.5670, which is an overlap support level, aligning with the 38.2% fibo retracement. Our stop loss is at 0.5646, which is below the 61.8% fibo retracement. Take profit is at 0.5708, which is at the swing high resistance level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Forex Capital Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM Australia Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
CHF at Key Technical Support⏰CHF at key levels ⏰
Overview
The Swiss Franc is at key technical support levels on several pairs. The CHF strength is driven by the Israel-Hamas war.
The Details
The support levels will likely not hold if there is further escalation in the region. Expect the support levels to break and ***CHF pairs to move lower.
If by some miracle, the war becomes stagnant or things de-escalate, the support levels could hold.
Things to consider
Buying the CHF is painful due to Switzerland's low-interest rate. The swap rate offered by most brokers is off-putting.
A better trade may be a de-escalation trade, though we could be waiting a while
The Swiss Franc continues to downtrend longer-term. A de-escalation trade may catch a downside correction move rather than a long-term uptrend.
The CHF could strengthen on global recession fears, possibly in the coming months.
AUDCHF Long OpportunityMarket Structure is KING!
Hey, if you like this idea be sure to support with a like and a follow.
Here is my analysis for AUDCHF for the upcoming week. AUD News this week. I'm looking to buy this upcoming week.
What are your thoughts? Leave it in the comments below!
Blue Signal FX Rules-Based Trading
1. CHECK THE NEWS!
2. WHAT IS THE OVERALL TREND? Market structure will give you direction.
3. IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
4. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
5. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE.
6. CHECK FOR DIVERGENCE.
AUDCHF: 18/10/2023:🔴Sell opportunity
Well, you can see important supply zone ond bearish order block on the chart.
In these zones we can search for a low time frame confirmation.
Please pay attention to the details.
💡Wait for the update!
🗓18/10/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
AUDCHF Potential DownsidesHey Traders, in the coming week we are monitoring AUDCHF opportunity around 0.57400 zone, AUDCHF was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.57400 support and resistance zone.
Trade safe, Joe.
AUDCHF: Heading back to the descending channel boundary and ATLThis pair has been following a descending channel for months and even with positive data last week for the aussie and weaker performance for the swiss, the general direction was maintained.
We've broken back below the mid point of my channel and we seem destined to ultimately be heading for the ATL where I expect a strong bounce.
I generally look at correlation with gold, this pair tends to fall with gold from what I can see, but more of an observation than analysis (which I should look to do).
USDCHF Potential UpsidesHey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.90500 zone, USDCHF was trading in a downtrend and successfully managed to break it out and currently is in a correction phase in which it is approaching the retrace area at 0.90500 support and resistance area.
Trade safe, Joe.
AUDCHF, More sell off in the way?AUDCHF / 1D
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