AUDCHF trade ideas
AUDCHF Will Grow! Buy!
Take a look at our analysis for AUDCHF.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 0.519.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.534 level.
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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IS PRICE REVERSAL AROUND THE CORNER IN AUDCHF?- H4 Outlook! AUDCHF has been trending bearish for a long period of time in H4 timeframe and also on daily timeframe. Recently, we saw a bullish breakout couple of days ago and we’re yet to ascertain the next possible move in this pair.
Technically, if we get a break above 0.52522 I’d be anticipating more bullish price action to develop.
Long Market currently is on a downtrend and it's retracing on the daily timeframe to the round l@0.53000 creating a chart pattern on the 4hrs timeframe , currently having a pull back to the neck line at a physiological @0.52200 at my AOI where I will be taking a buy , it's a counter trend but sure worth it
AUDCHF "LONG"This AUDCHF has been on a fall for a long time.
But right now,we look forward for a buy since the failed demand zone has been spotted out.
The market has been on a buy for days,you can still come in for a buy on the 3rd zone.
Massively A Buy Market as has been Analysed by Mynigeria1988fx📊📊
AUD-CHF Local Long! Buy!
Hello,Traders!
AUD-CHF made a bullish
Breakout of the key horizontal
Level of 0.5221 which is now a
Support and the pair is going down
To retest the level from where
We will be expecting a
Further bullish move up
Buy!
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AUDCHF Technical Analysis! SELL!
My dear subscribers,
My technical analysis for AUDCHF is below:
The price is coiling around a solid key level - 0.5226
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.5205
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
AUDCHF AUDCHF is preparing to break through support and fallWeak market structure. Gradually declining lows and no reaction to support at 0.5211. Buyers are trying to keep the price above 0.5211, but under market pressure their strength is weakening.
Relative to 0.5211, we see the formation of consolidation, which is of a “pre-breakdown” nature.
Accordingly, a break below the 0.5211 support level could trigger the activation of buyers' SL orders, leading to liquidation and a downward price distribution.
Potential targets include 0.518 and 0.5164.
AUD_CHF BEARISH BREAKOUT|SHORT|
✅AUD_CHF is going down currently
As the pair broke the key structure level of 0.5240
Which is now a resistance, and after the pullback
And retest, I think the price will go further down
SHORT🔥
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
AUDCHF: Bullish Flag from PRZ — Rally to 0.54444?AUDCHF ( OANDA:AUDCHF ) bounced from the Potential Reversal Zone (PRZ) , which aligns with the Yearly Support(1) and the 50% Fibonacci level of the previous bullish impulse.
From a Classic Technical Analysis perspective , AUDCHF appears to be breaking out of a Bullish Flag Pattern , which may suggest the continuation of the previous uptrend .
This bullish reaction also confirms the importance of the Support zone(0.51166 CHF-0.49773 CHF) , where buyers stepped in aggressively.
In terms of Elliott Wave theory , it seems that AUDCHF has completed the bearish waves and we should wait for the bullish waves .
I expect AUDCHF to continue rising after a successful breakout from the flag’s upper boundary . If momentum sustains, the target could be around 0.54444 CHF .
Note: Stop Loss (SL) = 0.51972 CHF
Australian Dollar/ Swiss Franc Analyze (4-hour time frame).
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AUDCHF — What’s Going On with the CHF?In this pair, there’s currently a good opportunity to open a short position.
Looking at the weekly and daily timeframes, the price reached the 0.54518 area and started to reverse.
On top of that, it seems to be forming a triangle on these timeframes, which could suggest the price may continue to drop. This idea is confirmed by the indicators I usually use: a 45-period exponential moving average, two simple moving averages of 70 and 95 periods, and the Parabolic SAR.
On the 1-hour timeframe, there’s also a descending continuation triangle forming, backed by the same indicators.
That said, it’s worth keeping in mind that, despite this technical analysis, it’s important to stay on top of news, economic data, and other factors that could affect this pair, since this analysis is based purely on technicals.
The short position tool shown on the chart is just an extra aid to help decide on the entry.
AUDCHF - ShortI have been short on AUDCHF for a few days. Here's my breakdown:
Technical:
- Descending channel
- Strong resistance on the upper channel line
- Potential descending triangle forming, suggesting continuation of this downtrend
- Following the overall trend of this pair, which is bearish
Fundamental:
- Risk off mood globally, CHF is a safe haven currency
- Dovish RBA
- Commodity pressure on AUD
- SNB stability