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AUDCHF

echnical Analysis for AUDCHF - 1 Hour Chart📈 #ForexTrading #AUDCHF #SidewaysMarket #SupportAndResistance 📊 Technical Analysis for AUDCHF - 1 Hour Chart 📊 🔍 Overview: The AUDCHF currency pair is currently exhibiting a sideways movement on the 1-hour chart, with no clear bearish or bullish trend. As a technical analyst, I have devised two potential trade plans to capitalize on this situation by using buy stop and sell stop orders at key support and resistance levels. 📉 Trade Plan 1 - Sell Stop: 🎯 Entry (S2): 0.57991 🛡️ Stop Loss (S1): 0.58121 🎯 Take Profit (1:1): 0.57860 📈 Trade Plan 2 - Buy Stop: 🎯 Entry (R2): 0.58755 🛡️ Stop Loss (R1): 0.58612 🎯 Take Profit (1:1): 0.58900 💡 Rationale: In a sideways market, price tends to oscillate between support and resistance levels. By placing sell stop and buy stop orders, we aim to catch potential breakouts in either direction. Trade Plan 1 anticipates a downside breakout from support (S2), while Trade Plan 2 expects an upside breakout from resistance (R2). ⚠️ Risk Management: Remember to implement proper risk management techniques. Only risk a small percentage of your trading capital on each trade, and use stop losses to protect against adverse market movements. 📊 Technical Indicators: Utilize additional technical indicators such as moving averages, RSI, or MACD to gain further insights into price movements before executing the trades. 🚀 Investment Advice: Trading in the forex market involves risks, and past performance is not indicative of future results. It is essential to stay informed about market developments and have a well-defined trading strategy. If you're new to trading, consider starting with a demo account to practice your approach before committing real funds. Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Always do your research and consult with a professional financial advisor before making any investment decisions. Happy Trading! 📈💹 #ForexAnalysis #TradeIdeas #FinancialMarkets #InvestmentTips #RiskManagement
by T-Q
Choppy Price Action Sparks Speculation of Upcoming Market ShiftWe are currently witnessing a gradual descent from the Monthly spike that occurred in February 2020. On the lower time frames, the price action has become quite choppy, with each new low promptly followed by a quick retracement upward. This choppy behavior suggests the possibility of a long-term reversal in the making. I have identified two key targets that the price might aim for before experiencing a potential upward movement. The first target is a weekly support/low level at 0.562, while the second target is the 2020 spike low at 0.532. Personally, I believe that 0.562 might serve as a more reasonable target. Therefore, I am planning to gradually build a position as the price approaches this level. Nevertheless, it's essential to be prepared for the possibility that the price might not reach that far down. Consequently, I will start monitoring daily signals on my TRFX indicator as the price falls below 0.575. My trading strategy for this trade will be to focus on the SUPPLY/SELL zone, clearly marked in red on the chart, starting around 0.61. I anticipate that the price will be drawn towards this level. As for the stop loss placement, it will depend on the precise signal I receive, but it will definitely be set below 0.56. This approach is aimed at managing potential risks effectively.
Long
by TheFxAce
15
Audchf keeps getting lowerLikely pullback to short,watching on lower timeframe like h1. **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
Short
by Shadowing_The_Big_Boys
Aud Chf LongA reversal analysis for the AUD/CHF currency pair from the 57518 level involves examining the historical price action, identifying potential reversal points, and analyzing relevant technical indicators to assess the probability of a reversal occurring. Please note that as an AI language model, I don't have access to real-time data, so the analysis provided here is based on hypothetical scenarios and the knowledge available up to September 2021. Historical Context: First, let's take a look at the historical price movement of the AUD/CHF pair leading up to the 57518 level. We need to consider both long-term and short-term trends to get a comprehensive understanding. Key Support and Resistance Levels: Identify significant support and resistance levels on the chart. These levels can act as crucial reference points and can provide insight into potential reversal areas. Candlestick Patterns: Analyze the candlestick patterns at the 57518 level. Look for key reversal patterns like doji, hammer, shooting star, or engulfing patterns. These patterns can signal potential reversals. Momentum Indicators: Review momentum indicators like the Relative Strength Index (RSI) or Moving Average Convergence Divergence (MACD). Divergence between price and the indicator can indicate a potential reversal. Volume Analysis: Examine trading volumes around the 57518 level. Significant volume spikes or divergences can provide clues about possible changes in market sentiment. Fibonacci Retracement: Apply Fibonacci retracement levels from recent swing highs to lows to identify potential support or resistance levels that coincide with the 57518 level. News and Events: Consider any upcoming economic data releases or geopolitical events that might impact the AUD/CHF pair. Sudden news can trigger sharp reversals. Sentiment Analysis: Evaluate market sentiment through sources like CFTC Commitments of Traders (COT) report or sentiment indicators. Extreme sentiment can indicate a potential reversal. Timeframe Analysis: Assess the reversal analysis across different timeframes (daily, weekly, monthly) to get a more comprehensive view. Remember that a reversal analysis is not a guarantee of future market movement. It is crucial to use risk management techniques, set stop-loss orders, and combine multiple analyses before making any trading decisions. Additionally, consulting with a qualified financial advisor or professional trader is recommended for personalized guidance based on current market conditions.
Long
by realtrademaster
AUD/CHF Set To Fall! SELL! My dear subscribers , Please, find my technical outlook for AUD/CHF below: The market is trading on 0.58496 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 0.58334 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
AUDCHF: Buy opportunity emergingAUDCHF is trading inside a Channel Down pattern for more than one year with the 1D timeframe bearish (RSI = 38.270, MACD = -0.004, ADX = 43.501) as the price is under its middle and the 1D MA50. The 1D MA200 is located exactly on its top. The 1D MACD is in the process of completing a Bullish Cross, which has been a strong buy signal inside this pattern. Even though the price can extend to 0.57000 to complete a -7.55% decline from the recent Lower High (similar declines have been -8.06%, -7.94% and -7.55% since the start of the pattern so we use the minimum scenario), once the Bullish Cross is formed, we will buy and target the 1D MA50 (TP = 0.59000). Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope
1
7 Dimension analysis for AUDCHF 😇 7 Dimension Analysis Analysis Time Frame: Daily 1: Price Structure: The current price structure is bearish, characterized by a Breakout from Sideways (BoS) behavior. The move is impulsive and nearing completion, with a major weekly demand area acting as support. The inducement is not yet confirmed, and there have been 3 pullbacks during the last corrective leg. Notably, there are no unmitigated order blocks during the entire impulsive leg, indicating no significant resistance until the Choch level. Confluence is observed on the daily, weekly, and monthly time frames, with a demand zone present in the same area. 2: Pattern 🟢 TREND LINES: Trend lines are acting as resistance levels, and a closing above them will provide final confirmation. 🟢 CHART PATTERNS: A potential Head and Shoulders pattern is forming, but a massive volume and engulfing bar at the last leg's low point add complexity. Additionally, there is a weekly liquidity sweep and a Fakeout Within 1 Bar pattern. These patterns suggest that the price may move sideways from here to form a proper demand base. 🟢 CANDLE PATTERNS: A Change in Guard pattern appeared at the bottom, indicating a potential reversal. Momentum (Engulfing) occurred with massive volume, adding to the potential bearish reversal signal. Momentum Fakeout Reversal also occurred with significant volume. A Narrow Range is forming with 3 candle squeezes yet to be confirmed. The last corrective and current impulsive candles are inside the reversal candle. Today's session opened low but experienced bullish control throughout the day. 3: Volume: Volume on the Fakeout is good, indicating significant market interest. Volume on the demand is heavy at the initial point, showing strong buying activity. 4: Momentum RSI: 🟢 Zone: The RSI is currently in a sideways zone. 🟢 Range Shift: Initially sideways to bullish. 🟢 Divergence: Hidden divergence with low momentum observed. Momentum has been holding in the bullish zone for a prolonged period. 5: Volatility Bollinger Bands: 🟢 Middle Band: A resistance breakout will be crucial for the initial upside move. 🟢 Squeez: Just started, suggesting potential low volatility ahead. 🟢 Headfake: Only one candle so far, not yet confirmed. 6: Strength ADX: The trend is currently bearish. But initial reversal can start from this zone 7: Sentiment ROC: The rate of change indicates that AUD is gaining strength. ✔️ Entry Time Frame: H1 ✅ Entry TF Structure: Bullish ☑️ Current Move: Impulse Move with one Choch. ✔ Support Resistance Base: Weekly support area and Fakeout. ☑️ Candles Behavior: Engulfing pattern making a valid low ☑️ FIB Trigger Event: Activated. ☑️ Trend Line Breakout: Confirmed. ☑️ Final Comments: Consider buying as an initial test entry. 💡 Decision: Buy 🚀 Entry: 0.5850 ✋ Stop Loss: 0.5795 🎯 Take Profit: 0.6090 😊 Risk to Reward Ratio: 1:3 🕛 Expected Duration: 5 Days Summary: The analysis suggests a bearish price structure with an impulsive move nearing completion. Various chart patterns and candlestick formations add complexity to the overall scenario. The RSI indicates a sideways zone, and the ADX confirms the bearish trend. A potential bullish entry is identified based on the current move, support resistance, and FIB trigger event. The risk-to-reward ratio is calculated at 1:3, and the expected duration for the trade is 5 days.
Long
by Optimum369
AUDCHF H4 | React off resistance?Based on the H4 chart analysis, we can see that the price has reacted off our sell entry at 0.5848, which is an overlap resistance level. Our take profit will be at 0.5806, which is at support level . The stop loss will be set at 0.5887, which is just slightly above 61.8% Fibo retracement. Price is now in a bullish momentum, and approaching our sell entry at 140.80. Our sell entry is slightly below the 50% fibo retracement, and there is a potential bearish reaction off this key level as it is also a overlap resistance. Our stop loss is at 142.96, which is a swing-high resistance at the 78.6% fibo retracement. Also, there is an intermediate resistance level at 142.17, which is at the 61.8% fibo retracement. Take profit is at 138.77, which is a overlap support key level. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party provider). 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 Name of third party provider. 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. 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. 71% 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 EU LTD (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% 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 FXCM Markets LLC (www.fxcm.com): Losses can exceed deposits.
Short
by FXCM
Aud Chf Long In this analysis, we will focus on the AUD/CHF forex pair within the limits of 0.57889 to 0.57408, aiming to identify potential signs of a bullish reversal. This range implies a downward movement in the pair's price, and we will assess the technical and fundamental factors that could contribute to a potential bullish reversal within this specific range. Technical Analysis: a. Support Level: The lower limit of 0.57408 represents a significant support level, where the pair's price has previously shown a strong tendency to bounce back upwards. This level indicates a potential area where bullish reversal patterns could emerge. b. Oversold Conditions: Utilizing oscillators like the Relative Strength Index (RSI), we observe if the AUD/CHF pair is oversold within the specified limits. An RSI reading below 30 or displaying bullish divergences suggests that selling pressure may have exhausted, setting the stage for a potential upward movement. c. Candlestick Patterns: Analyzing candlestick patterns, such as hammer, bullish engulfing, or morning star, can provide further insights. If these patterns appear near the lower limit, it may indicate a bullish reversal signal, reflecting buyers' emergence and potential price recovery. Fundamental Analysis: a. Macroeconomic Factors: Monitoring relevant economic developments in Australia and Switzerland can contribute to a bullish reversal analysis. Positive factors may include an improvement in Australian economic indicators like GDP growth, employment data, or increased consumer confidence. Additionally, favorable Swiss economic data, such as strong exports or positive monetary policy actions, can also support a bullish outlook. b. Central Bank Policies: Monitoring the monetary policies of the Reserve Bank of Australia (RBA) and the Swiss National Bank (SNB) is crucial. Any hints of a dovish stance by the RBA or a hawkish tone by the SNB can impact the AUD/CHF pair's dynamics, potentially favoring a bullish reversal. c. Market Sentiment and Risk Appetite: Assessing broader market sentiment and risk appetite is essential. If global markets exhibit a positive risk-on sentiment, characterized by increased investor confidence and a preference for riskier assets, it can positively influence the AUD/CHF pair's performance and contribute to a bullish reversal. Conclusion: Considering the technical analysis indicators such as significant support levels, potential oversold conditions, and relevant candlestick patterns, coupled with positive fundamental factors like improved economic indicators and supportive central bank policies, there is a possibility of a bullish reversal within the specified limits of 0.57889 to 0.57408 for the AUD/CHF forex pair. However, it is crucial to monitor ongoing market developments and adapt the analysis accordingly, as forex markets are subject to volatility and unforeseen events that may impact price movements.
Long
by realtrademaster