AUDCHF DAILY ANALYSISPrice has rejected the 0.69277 level and fallen 80 pips all Thursday and still pushing to the downside.
Looking to see if price will keep pushing to key level 0.68183. Main trend is in a downtrend . Strong bearish signal with candle.
Aussie Is losing strength for the week and has fallen on some pairs. Swiss is gaining strength and getting stronger.
Will see what Friday does. Possible short to lower key levels. Long term.
Audchfforecast
AUDCHF Analysis and Trade IdeaAUDCHF has broken structure to the upside. We can see the HTF structure is looking to make a HH.... but my team is looking for the "return to impulse" that comes after a BOS. We want to trade that short.... down to the demand... where price will make a HL.. Then the team will look for the buy there, and take it to the following HH.
Check out the vid if you're confused or intrigued!
AUD/CHF Buy Opportunity Breaking Above 0.6870 6th of October AUD/CHF broke the long-term descending trendline and started an uptrend. AUD/CHF is holding above the descending trendline and forming a bullish pattern. Right now, AUD/CHF is stuck into a triangle. Breaking above 0.6870 will confirm the bullish breakout and triangle.
The first target to the upside is 0.6960/6970, Price Zone.
Breaking above 0.6970, our 2nd target is 71.00.
Finally, 0.7200/0.7220 is our upside target zone.
We may see a significant correction from the 0.7220/0.7250 price zone.
This chart is valid as long as AUD/CHF is above 0.6650. In case AUD/CHF breaks below 0.6650, it will continue its downtrend again.
Descending channel AUD/CHFThe descending channel pattern is often a bullish signal for long positions after a breakout confirmed with a retest off the support trendline.
The pattern is followed by lower highs, after an upside penetration of the upper trend line.
The penetration is perfect for going in a short position.
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Best Regards, Reda Souhail™
AUDCHFHello Traders Welcome back to another profit day
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Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
AUDCHF with OB view
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
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have a good profitSday guys
AUD/CHF:FUNDAMENTAL ANALYSIS+PRICE ACTION|NEXT TARGET|LONG 🔔🔔The Australian Employment Change for July was reported at 2.2K. Economists predicted a figure of -46.2K. Forex traders can compare this to the Australian Employment Change for June, reported at 29.1K. The Unemployment Rate for July was reported at 4.6%. Economists predicted a reading of 5.0%. Forex traders can compare this to the Unemployment Rate for June, reported at 4.9%. 4.2K Full-Time Positions were lost, and 6.4K Part-Time Positions were created in July. Forex traders can compare this to the creation of 51.6K Full-Time Positions and the loss of 22.6K Part-Time Positions, reported in June. The Labor Force Participation Rate for July was reported at 66.0%. Economists predicted a reading of 66.0%. Forex traders can compare this to the Labor Force Participation Rate for June, reported at 66.2%.
The Swiss Trade Balance for July was reported at CHF4.100B. Forex traders can compare this to the Swiss Trade Balance for June, reported at CHF4.400B. Swiss Industrial Production for the second quarter increased 15.7% annualized. Forex traders can compare this to Swiss Industrial Production for the first quarter, which increased by 4.7% annualized.
The forecast for the AUD/CHF is volatile, but price action is approaching the end of its sell-off.Bearish pressures will soon fade.
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AUDCHF Trade IdeaAUDCHF Trade Idea
Price has hit a Supply Zone, and looks to shift the momentum from bullish to bearish!
In this video I show you how to correlate HTFs and LTFs to determine the momentum of price, the trend, and the best confirmations for sniper entries.
This is 1 of 14 pairs I analyzed for my Weekly Forecast video I posted on my Channel Saturday.
AUDCHF ANALYSISWe have seen continuous bullish sentiments on this pair for quite some time.
Now price is retesting a key level. Would price reject and break below, or will it clearly break above to continue its current trend?
We'll wait to see how price develops around this level. The bullish momentum is still well strong.
We're more inclined to buys as this momentum could clearly break above. Let the momentum speak.