AUDCHF trade ideas
AUDCHF: RBA and SNB Can Send Pair even higherIn this article, I will take a closer look at AUD/CHF, and the reason for focusing on this pair is the potential divergence between the RBA and the SNB, which could push the pair even higher. The RBA is expected to hold rates at 4.35%, as inflation slightly increased year-on-year to 3.8% in the second quarter, up from 3.6% in the first quarter. On the other hand, the Swiss National Bank (SNB) may once again cut rates, which could help keep AUD/CHF in an uptrend.
Looking at the wave structure, we have seen a very nice ABC setback down to 0.5605, which ended in mid-September. Ideally, we are now in a new impulsive phase. However, for this current leg up to be completed, we need to see five waves up, and based on the subdivisions, that is not the case yet. In fact, a wave four correction could appear in the next few days, presenting an opportunity to join the uptrend. Support can be found around the 0.5780 area, which also aligns with the previous wave B swing area.
The price should not fall below 0.5729, otherwise the wave count will become invalid.
AUD_CHF MOVE DOWN AHEAD|SHORT|
✅AUD_CHF has been growing recently
And the pair seems locally overbought
So as the pair is approaching a horizontal resistance of 0.5815
Price decline is to be expected
SHORT🔥
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WYCKOFF ON AUDCHF FRIDAY 20/09/24Wyckoff reaccumulation on AUDCHF on just friday where I took a 4.7R profits. Study, watch and learn.
Lingrid | AUDCHF channel Breaking. Potential LongThe price perfectly fulfilled my last idea. It hit the target. FX:AUDCHF has broken and closed above the downward channel. On the weekly timeframe, a long-tailed bar has formed, indicating a strong bounce off the support level. The market has consistently respected the 0.5600 psychological level, having bounced off it multiple times. Given the bullish momentum gained this week, I expect the market to continue moving higher. This could signify a potential reversal or continuation of the upward trend, especially if the market maintains its strength above the support level. My target is resistance zone at 0.58400
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
AUDCHF Potential UpsidesHey Traders, in today's trading session we are monitoring AUDCHF for a buying opportunity around 0.57500 zone, AUDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.57500 support and resistance area.
Trade safe, Joe.
AUDCHF Will Go Lower From Resistance! Sell!
Here is our detailed technical review for AUDCHF.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 0.577.
Considering the today's price action, probabilities will be high to see a movement to 0.575.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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AUD/CHF BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
It makes sense for us to go short on AUD/CHF right now from the resistance line above with the target of 0.569 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band.
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AUD-CHF Bearish Bias! Sell!
Hello,Traders!
AUD-CHF keeps growing
But the pair will soon hit
A horizontal resistance
Of 0.5825 from where
The pair is likely to
Make a local correction
Sell!
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Check out other forecasts below too!
AUDCHF Up SwingPrice got rejected at the Fibs 100% & SZ as anticipated yesterday but I did not position myself as a seller simply because I am on a bullish bias for AUDCHF. I am hoping for it to retrace 50% before I zoom into the M15 timeframe to find an entry opportunity.
However, based on my observations, the rejection at the Fibs 100% and SZ seems weak, as it did not create any major ERCs or big candles for that matter. This further affirms my bullish bias on this pair. The momentum for it to retrace deeper could be diminished meaning price may continue its move upwards from this point forth.
I am set to enter at either points so long as there’s an entry setup on M15.
Bearish reversal?AUD/CHF is rising towards the pivot which has been identified as a pullback resistance and could reverse to the 50% Fibonacci support.
Pivot: 0.57877
1st Support: 0.57222
1st Resistance: 0.58153
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
AUD_CHF BEARISH BIAS|SHORT|
✅AUD_CHF has retested a key resistance level of 0.5820
And as the pair is already making a bearish pullback
A move down to retest the demand level below is likely at 0.5760
SHORT🔥
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AUDCHF W PATTERN TRADE1. weekly double bottom chart pattern
2. daily bullish engulfing candle
3. 4hr W double bottom pattern
4. Enter at break of resistance 0.56963
AUD/CHF Bearish Reaction to Resistance Zone?We can see here that intensity of a bullish pressure is slowing down and price failed to break our resistance 0.57300. Price is currently testing this zone gain and expect to see bearish reaction.
However, if price breaks this resistance, then next potential resistance could be at 0.57500.
AUD/CHF +100 Pips 0 Drawdown , New Entry Valid To Get 200 Pips !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
AUDCHF My Opinion! SELL!
My dear followers,
I analysed this chart on AUDCHF and concluded the following:
The market is trading on 0.5723 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.5686
Safe Stop Loss - 0.5747
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
AUD/CHF 15 min, ShortIn my personal opinion, we should move down for a correction. We've received a sweep for the London high, and below that is strict liquidity.
WHATS FLOWING: AUDCHFFor Short Sellers: Today’s action has been ideal for those positioned short on AUD/CHF. With sustained bearish pressure, capturing profits at key support levels is critical.
Risk Management: As always, keeping an eye on any potential rebound in risk sentiment or major news affecting the AUD is essential to avoid getting caught in a reversal.
That wraps up today’s analysis of the AUD/CHF pair on What’s Flowing. Stay tuned for more insights and keep following the markets for opportunities!
AUDCHF 16/09/2024Weekly:
-Weekly lows.
-Bullish Weekly candle.
Daily:
-Bullish M pattern.
4H:
-Bullish M pattern.
-IC.
AUDCHF / TECHNICAL ANALYSIS / FUNDAMENTAL ANALYSIS ~ PROPFIRMThis is my analysis for audchf, the graph shows fundamental analysis and technical analysis.
This entry mentioned here is open with sell top in my propfirm account *Fundingpips* 100k.
Everything is clear, I didn't detail the fundamental analysis, I just put it as a final observation, as the fundamental analysis is done with a set of information and rate cuts.
Feel free to comment, this is just my entry, it doesn't mean I'm 100% right, sometimes the market isn't right.
AUDCHF - 1H - Bearish Trend Continuation StrategyTechnical Analysis: AUDCHF is in a clear bearish trend, moving within a well-defined bearish channel. The pair is respecting the channel and consistently closing candles within it, further confirming the downtrend. Bearish divergence on the 1-hour timeframe supports the likelihood of continued downward momentum. The pair is printing lower lows (LL) and lower highs (LH), providing a solid technical basis for a sell setup at the breakout .
Fundamental Analysis: CHF is strengthening relative to AUD, with CHF showing consistent strength over AUD. This supports a bearish bias for AUDCHF.
Seasonality: According to seasonal trends, AUDCHF typically moves into a downtrend from mid-September to the end of September , aligning with the current technical setup.
Entry Strategy:
Entry Point: Sell at 0.56627 on the breakout of the bearish channel.
Stop Loss: Place at 0.57065 , above the last lower high, ensuring proper risk management.
Take Profit 1: Set the first profit target at 0.56190 .
Take Profit 2: Second target set at 0.55749 for extended gains.
This trade setup utilizes technical signals, fundamental strength in CHF, and seasonal trends to optimize entry and exit points, aiming to capitalize on the continued bearish momentum in AUDCHF.
Bullish off 50% Fibonacci support?AUD/CHF has reacted off the pivot which has been identified as a pullback support and could rise to the 1st resistance which acts as a pullback resistance.
Pivot: 0.56618
1st Support: 0.56153
1st Resistance: 0.57866
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
