#AUDCHF#AUDCHF
My next trade plan, if i get a break below the support level at $0.60299 and a retest of the level as a resistance, i will be swinging the sell on the trade
#forex #forextrading #forexsignals #crypto #forexlifestyle #money #lifestyle #trade #stock #cash #iphone #daytrading #currencytrading #tradingonline #swingtrading #profit #forextips
CHFAUD trade ideas
Trading Signal for AUD/CHFDirection: Sell
Enter Price: 0.60537
Take Profit: 0.60434333
Stop Loss: 0.60686333
We suggest entering a Sell trade for the AUD/CHF currency pair at the level of 0.60537. Our target for Take Profit is set at 0.60434333, and our Stop Loss is set at 0.60686333.
Reasoning for the Signal:
This prediction is made using the EASY Quantum Ai strategy, which incorporates advanced algorithms and data analysis to determine potential market movements. Several factors influenced this signal:
1. Technical Analysis: Recent price action and chart patterns indicate a downward trend. The presence of resistance levels near the enter price supports a potential sell-off.
2. Economic Indicators: Key economic data from Australia and Switzerland have shown relative strength in the CHF compared to the AUD.
3. Market Sentiment: Current sentiment in forex markets shows a tendency towards risk aversion, boosting demand for the Swiss Franc as a safe-haven currency.
*Note*: Market conditions can change rapidly. Always ensure your risk management strategies are in place. Aim to enter the market at 0.60537 with a Stop Loss at 0.60686333 to manage potential losses, and set a Take Profit at 0.60434333 to secure gains.
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.
Like and subscribe and comment my ideas if you enjoy them!
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.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
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!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!