AUD/CHF SELL 📉👋 Hello and welcome traders to another trade idea with Fobian
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👉 WE have sell conformation:
- Trend was broken.
- EMA's give us SELL signal.
- Candle close below ASIAN session.
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Audchfshort
AUDCHF - BEARISH BIASAUD - BEARISH
1️⃣ IHS Markit survey showed Australian manufacturing activity declined to 54.2 in October from 55.4 in September, as coronavirus-driven lockdowns in parts of the country continued to hamper economy recovery.
2️⃣ Expectations that the RBA will cut interest rates in November.
CHF - BULLISH
1️⃣ Safe-haven demand as coronavirus cases continue to spread across the globe and especially in Europe.
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TECHNICAL
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We shorting this pair on SBR level on H1 chart. Also, AUDCHF in bearish mode.
AUD/CHF : Daytrade-preparation!! SHORT 26/OCTHallo Friend.
This is a preparation for AUD / CHF.
Market movement according to the previous analysis.
good luck 👍
AUD/CHF : Daytrade-preparation!! SHORT
26/OCT
Market-Sell : -
Stop-loss : Close Break :0.64790
Target : 0.63450
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AUDCHF sell from retracementAudchf has reached the daily support of 0.64600. From here we can expect the market to make a retracement and make a lower low on the daily chart. it will be best if market reaches the 0.5 or 0.618 fibo retracements because then daily support will turn into resistance. Or the market can also test 0.382 and continue to the downside. We have to watch on 4H for a possible entry.
AUDCHF Top-Down AnalysisHello Traders,
Here is the Top-Down Analysis of AUDCHF (Monthly, Weekly, Daily for direction and 4H for entry) for
Week 41 - 05 Oct
M > Price reached monthly resistance level that had pushed price down to bearish impulse, faced rejection and started downward move.
W > After facing rejection at resistance level price had pulled back and stayed in consolidation for over a month. Price moved up again to retest resistance again and after rejection moved down. We saw an M formation and expected price to move up to test its neck, which piece did.
D > Price went up to complete M formation and it can drop to test weekly support.
As per COT AUD saw closure of major Long and addition of few Short positions, reducing net positions, N-R saw closure of both Long and Short positions and Commercials saw addition of Long and closure of Short. AXY was weak for the said week however it improved its position last week. CHF saw closure of Long and addition of few Short positions reducing net positions. SXY was very weak for the said week. SXY was strong last week.
4H > After testing resistance at neck of M formation price has started making LH and LL as first confirmation of reversal.
Pair Correlation > AUDCHF has positive correlation with AUDJPY, NZDCHF, NZDJPY, EURCHF and NZDUSD and strong negative correlation with EURAUD and USDCAD.
This was my Idea and I hope you find it useful. If you find the analysis of help please leave a LIKE and FOLLOW for receiving all updates during the week. In the comment section you can share your view and ask questions.
Thank You
AP17FX
AUDCHF - SWING - 06. OCTO. 2020Welcome to our weekly trade setup ( AUDCHF )!
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1 HOUR
Bearish market open this week.
4 HOUR
Expecting more bearish pressure within the week.
DAILY
Good short entries, prices at small pullback right now..
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FOREX SWING
SELL AUDCHF
ENTRY LEVEL @ 0.65750
SL @ 0.66120
TP @ 0.65270
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
Forex Trading, AudChf AnalysisForex Trade
AudChf
Analysis Number 6
4 October 2020
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We will monitor price action at the marked zone, waiting for the structure to shift from bullish to bearish.
Then we will look for a short entry with proper Risk management with a good risk to reward.
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Note : Forex trading is very RISKY, you will lose all your money if not careful with your risk
management. USE PROPER RISK MANAGEMENT.
: Use your own strategy and to reconfirm setups before taking any trades.