CHFAUD trade ideas
AUDCHFThis Weekly FORECAST
Opportunity for AUDCHF. This setup trading idea is for intraday. >> TAYOR
*Can hold until reach the zone for short. Last week I already enter reentry zone at H4 for long. This week you all can find H4 zone to reentry for long.
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
Will AUD drop!?!?Hello traders!! I've looked at pairs that have AUD and it seems like AUD will be selling this
When looking at this healthy trendline which we broke and retested I think now is the time to sell!!
This is a supply zone which we touched and went down with great momentum
Now this is the same supply zone which we are at and I am expecting a sell here
AUDCHF - Long - First Post in a While!Here is one of the pairs I'm currently look at for a long trade.
AUDCHF
Previous zone of support / resistance has been re tested at the 0.6040 level.
We saw a continuation pattern forming here in the way of a bullish flag pattern. We've seen price break out of this pattern at the retesting of the 0.6040 zone.
A strong bullish movement at this level retesting this crucial zone and breaking the continuation pattern indicates a potential for further bullish movement.
Entry requirements:
- Bullish retest of 0.6040 zone
- Bullish break out of continuation pattern (bullish flag)
- We're following the overall bullish trend of this pair
- Indicators suggest further potential bullish movement
AUDCHF - Potential LongPotential long set up forming here..
AUDCHF
Price has come back town to previous resistance at 0.6050
Price could use this area as a re-test and continue the bullish momentum.
Entry Requirements
- Strong bullish rejection at the 0.6050 zone
- Looking for confirmation of a bullish move from the MACD to increase probabilities
- The trade will be going with the current strong bullish momentum we have been seeing
Lingrid | AUDCHF trend CONTINUATION tradeThe price has bounced off the support level and broken out of the triangle formation, indicating a trend continuation. The market is now pulling back towards a support level. FX:AUDCHF has updated its highs and broken above a level that forms a swap zone. Following the breakout from the range zone, the price is retracing, presenting an opportunity to buy. I expect a bullish trend to resume from the support level, as the market remains in an overall uptrend. My goal is the resistance at 0.60900
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
AUDCHF Will Go Higher From Support! Long!
Please, check our technical outlook for AUDCHF.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 0.605.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.606 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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TURN BY TURN | THE CROSSSNAP: AUDCHF (HEDGED) OANDA:AUDCHF | LONG | INTRADAY
The Story
I arrived at my desk at about 8:15 AM, ready to tackle the trading day. The only pair catching my attention in the Asian session was AUDCHF. Typically, I’m not a huge fan of the Swiss franc due to its tight trading range, but today was different. I decided to engage in the business that needed doing. Normally, I use the Swiss franc as a safe haven indicator, but today, I chose to buy the Australian dollar against it.
ECO SNAP
My economic calculator, which aggregates various economic aspects of countries, rates them to provide a comprehensive outlook.
Comparison
Australia:
Economic Outlook Score: +1.33
Highlights: The Australian economy benefits from low unemployment, a strong trade balance, and positive consumer confidence. However, there are some concerns regarding inflation, which is slightly above the target.
Switzerland:
Economic Outlook Score: +1.44
Highlights: Switzerland's economy boasts very low unemployment, controlled inflation, a strong trade balance, and positive consumer confidence. These factors contribute to a marginally stronger economic outlook compared to Australia.
Combined Analysis:
The Swiss franc (CHF) has a slightly higher overall score (+1.44) compared to the Australian dollar (AUD) (+1.33), indicating a marginally stronger economic outlook for Switzerland. Both economies show low unemployment and stable economic indicators, but Switzerland benefits from better inflation control and a lower interest rate environment, which supports economic stability.
Strategy
Today's strategy is straightforward: get in and get out quickly.
Interest Rate Differentials: We have interest rate differentials working in our favor, which typically benefits such trades.
Timing: Since it's Monday, and swaps are charged on Wednesdays and Fridays, there is likely no support for us between now and then.
Given these considerations, I will capitalize on the favorable conditions and execute my trades efficiently to maximize potential returns while minimizing risks.
Bearish reversal?AUD/CHF is rising towards the resistance level which is a pullback resistance that aligns with the 127.2% Fibonacci extension and could reverse from this level to our take profit.
Entry: 0.60815
Why we like it:
There is a a pullback resistance level which aligns with the 127.2% Fibonacci extension.
Stop loss: 0.60992
Why we like it:
There is a pullback resistance level which aligns with the 161.8% Fibonacci extension.
Take profit: 0.60287
Why we like it:
There is an overlap support level.
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AUDCHF Trend Continuation Long TradeAUDCHF Trend Continuation Long Trade
1. Weekly Uptrend
2. Nice momentum bullish candles
3. Price above 20,50 and 200 MA
4. Trend Following indicator confirmation
5. BUY/SELL Indicator confirmation
6. 2% Risk, 2 x 1%
7. Stop Loss 2 x Daily ATR
8. Closing second trade at opposite signal/break of structure/big reverse candle
AUD-CHF Will Keep Growing! Buy!
Hello,Traders!
AUD-CHF is trading in an
Uptrend and the pair made
A bullish rebound from the
Support of 0.6040 which
Reinforces our bullish bias
And makes us expect
A bullish continuation
Buy!
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Check out other forecasts below too!
AUDCHF: Strong Bullish Pattern 🇦🇺🇨🇭
AUDCHF formed a classic bullish trend-following pattern.
After a strong bullish rally, the price initiated a correction within
a bullish flag.
Its resistance violation is a strong trend-following signal.
I think that the pair may retest 0.607 - current local higher high soon.
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AUDCHF LONG
Current Trend :
The AUD/CHF pair is showing a bullish trend with a recent breakout from a descending trendline. The current price is 0.60499, just above the 200-period simple moving average (SMA) at 0.59995.
Support and Resistance Levels :
Major Support: 0.60309, 0.60279
Major Resistance: 0.60531, 0.60766
Fibonacci :
Key Fibonacci retracement levels are drawn from the recent low to the high:
38.2%: 0.60385
50.0%: 0.60309
61.8%: 0.60279
The breakout of the descending trendline indicates a potential bullish reversal. Confirmation of this breakout, coupled with a rebound above the SMA 200 level, reinforces the idea of a bullish continuation. The Fibonacci levels provide reference points for placing Stop Loss and Take Profit orders, minimizing risk while maximizing potential gain.
Trade Signal: Sell AUDCHFDear Traders,
We have identified an opportunity to sell the AUDCHF currency pair based on thorough analysis and projections using our EASY Quantum Ai strategy.
Signal Details:
- Direction: Sell
- Enter Price: 0.60436
- Take Profit: 0.60211667
- Stop Loss: 0.60621667
Justification for the Signal:
The EASY Quantum Ai strategy uses advanced algorithms to analyze market trends, volatility, and momentum indicators. Here are some key factors behind this recommendation:
1. Technical Analysis: Key technical indicators such as moving averages and resistance levels point towards a bearish trend in the AUDCHF pair.
2. Market Sentiment: Current market sentiment indicates a stronger CHF compared to the AUD, driven by economic data and geopolitical factors.
3. Volatility Patterns: Historical data shows increased volatility around the current levels, suggesting a higher probability of downward movements.
4. Economic Indicators: Recent economic reports from Australia suggest economic challenges, adding pressure on the AUD.
Stay vigilant and ensure risk management practices are in place. Happy trading!
Best Regards,