Audchfsignal
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 4HRS ANALYSISHello Traders, 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 - BULLISH BIASAUD - BULLISH
1️⃣ Investors moved away from the US Dollar as US President Donald Trump called for Congress to pass legislation for airlines, small businesses, and stimulus checks of $1,200 for Americans.
2️⃣ Investors were also optimistic on the prospects of economic recovery in Australia after Treasurer Frydenberg handed down the expansionary federal budget on Tuesday evening.
CHF - BEARISH
1️⃣ The prevalent risk-on environment undermined the safe-haven CHF and remained supportive.
2️⃣ Swiss National Bank (SNB) Chairman, Thomas Jordan said supply of money can be reversed at any time should the demand for the safe-haven currency weaken.
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TECHNICAL
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- We're looking to long AUDCHF on RBS level + fibo retracement 50.0% are on H1 chart.
- AUDCHF in bullish zone.
AUDCHF signal (LONG)Hello friends.
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Everything on the chart.
if my markup is right we are in (iv) wave(triangle)
open pos: ur own decision, u can open pos market with stop under last local low,or when triangle will completed, or on (e) :D too much options,everything for u)
targets: 0.673 - 0.677
after first target reached move ur stop to breakeven
stop: (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 6
Good luck
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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.
AUD/CHF SELL SIGNALHey tradomaniacs,
welcome to new free trade-setup.
AUD/CHF: Daytrade-Execution🔁
Market-Sell-Order: 0,65400
Stop-Loss: 0,65650
Target 1: 0,65170
Target 2: 0,65000
Target 3: 0,64800
Target for One-Target-Trader: 0,65000
Stop-Loss: 24 pips
Risk: 0,5% - 1%
Risk-Reward: 2,43
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Peace and good trades
Irasor
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AUDCHF is waiting for the impulse moveAUDCHF
⚡️ From starting of the year The price felled towards 0.53420 and making a bigger downward impulsive move which is around 20% drop from January 2020.After that the AUDCHF managed to gain most of the loses its earlier incurred.
⚡️ After reaching June high which is 0.67430 the price unable to push further trading in sideways until September 02 afterwards the shifting of momentum happened and price stared to fall again as previous impulse wave
⚡️ On this range Elliot correction wave From A to E has formed And one minor correction waves are formed on the upper side of trend line
⚡️ The price has felled below the lower side of trend line and trading at 0.65000 key psychological level. We can expect a minor rebound retest towards the lower side trend line and will fall towards .236 Fibonacci retracement
⚡️ After the completion of minor Elliot wave correction a micro Elliot wave is underway currently the primary 01 is forming. And the swing target would be around 50% Fibonacci level which is a expected level for the completion of Wave 03.
⚡️The price felled below the 03 Exponential moving average and Ichimoku clouds and cloud turned red and pointing towards south
⚡️ In RSI its under 20 and over bought condition will make some minor upward correction towards lower side trend line
Key levels to watch
3 Month high -0.6712
3 Month low - 0.6486
6 Month high - 0.6743
6 Month low - 0.5727
yearly high - 0.6796
yearly low - 0.5342
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AUDCHF Prediction price is moving in our range and holding good i added two path red and blue
we are moving in big two supply and demand zone and right now at in small support and resistance zone range.
clearing this range will settle the perfect action
we also have bearish divergence this one will play out than blue path we are going
Rebounce Off Strong Support Level for AUDCHF...BULLISH!!!As we can see AUDCHF managed to bounce off 61.8 fib level where there is a strong support level after a clear breakthrough of that level. A clear rejection can be seen followed by a small BULLISH movement. What I am seeing will be price level moving tpwards the next resistance level as it retest every levels it broke (e.g. 0.6628 support level). BULLISH strength is still there and we should be seeing it moving to 0.6692 area. After which, I will update on further movements when we see a clear direction.
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