CHFAUD trade ideas
AUDCHF - LongIf risk sentiment improves we might see more weaknes for the swiss frank.
There is a head an shoulders pattern on the higher timeframe that supports the setup.
We have RBA rate decision for tomorrow and with high inflation for the AUD I expect that should support the trade.
Have a great week! :)
AUDCHFThis Weekly FORECAST
Opportunity for AUDCHF. This setup trading idea is for swing. >> TAYOR
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
AUDCHF UP OR DOWN WITH THIS SETUP? AUDCHF has once again retested the significant resistance level identified within the hourly timeframe. This suggests a potential reversal, indicating that the price continues to regard the highlighted zone as a major selling area. Additionally, a triangle pattern has formed, but it's essential to await confirmation of a breakout before taking a position. Patience is advised, as there's also a possibility of an upward rally if the key structure and resistance are breached.
Lingrid | AUDCHF buy at the BOTTOM of the RANGEThe price perfectly fulfills my last idea. The market is moving sideways below the strong resistance zone at 0.6000 after making an impulse move. FX:AUDCHF updated its highs and higher lows; it broke a level that forms a swap zone. The market is basically in a consolidation zone, and it makes sense to buy at the bottom of it. If the market pulls back to the support level and presents an opportunity to buy, then we can go long in anticipation of the further bullish move. I expect growth from the support level because the market is in a in a bullish trend. My goal is the resistance at 0.59900
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
AUDCHF AUDCHF has completed wave 1 & 2 now moving on wave 3
We can only look at long postions until wave 3 has completed
Wgats your thought?
AUDCHF Will Fall! Short!
Take a look at our analysis 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 0.597.
Considering the today's price action, probabilities will be high to see a movement to 0.595.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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AUDCHF Will Fall! Sell!
Please, check our technical outlook for AUDCHF.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 0.597.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 0.594 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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✅AUD_CHF LOCAL SHORT🔥
✅AUD_CHF is retesting a key resistance level of 0.6000
So I think that the pair will make a pullback
And go down to retest the demand level below at 0.5966
SHORT🔥
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audchf long ideathe current price is at a nice 4h demand zone , the current wave is bullish ( hh , hl ...) and there is no signs of any technical weakness yet .
there is a good chance that the price will keep pumping toward the above demand zone, so as long as the 4h demand zone is respected and keeps holding the price I'll remain very bullish .
AUD/CHF BEARS ARE STRONG HERE|SHORT
Hello,Friends!
AUD/CHF is trending down which is evident from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand level of 0.595.
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audchf sell trade- *Rising Wedge Reversal Pattern*: A rising wedge reversal pattern has been identified on the H1 timeframe, which is typically a bearish signal. This pattern is accompanied by bearish divergence, suggesting a potential downward movement if the price breaks below the last higher low¹.
- *Resistance Turned Support*: The AUD/CHF pair has recently broken above a key horizontal resistance level, which now acts as support. If the price retests this level and fails to maintain above it, it could indicate a shift in momentum to the downside¹.
- *Overbought Conditions*: Some technical indicators, such as the Stochastic RSI, are signaling overbought conditions. This could imply that the recent upward trend might be overstretched, and a pullback or reversal is possible².
- *Pivot Points*: The current price is hovering around pivot points, which can act as potential reversal zones. Traders often look for bearish candlestick patterns around these levels as confirmation for entry points².
- *Moving Averages*: While the short-term moving averages are currently indicating a buy, a crossover of longer-term moving averages to the downside could confirm a bearish trend reversal².
It's important to note that technical analysis is not a guarantee of future price movements and should be used in conjunction with other forms of analysis and risk management strategies. Always consider the potential for market volatility and economic news that could impact currency pairs.
AUDCHF SHORTWe have a rising wedge pattern indicating bearish diverge.
A price breakout confirms downward tendency
DeGRAM | AUDCHF pullback from strong resistanceAUDCHF is moving in an ascending channel under a significant resistance level.
In the previous time the chart, having reached the resistance level corrected, and on retesting it formed a double top and started falling.
The price formed a bearish takeover at the peak.
We expect a fall.
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Doentrend AudChfas the price broke my first pyschological level. i waited for a retest to enter in for a short position toward a sell market. to the level support zone. and when pontentially its break that level. by tomorrow or by new york session there will be retesting of the new resistant zone and it will continue on the downward trend position.
AUDCHF bullish continuation patternAUDCHF has formed the cup and handle bullish pattern in the absence of divergence which indicates the continuation of the current trend i.e. bullish
Strong bullish momentum 📈🔥Hello Billionaires!!
It looks like a good time to buy AUDCHF because the trend is going up due to Cup pattern. Just remember to keep an eye on the market in case things change.
Also, make sure to protect yourself by setting stop-loss orders below the support zone to avoid big losses if the market suddenly goes down.
AUDCHF is in bullish trend.AUDCHF chart is in bullish trend. Observed divergence has played its part currently its forming a shape of cup and handle which is a continuation pattern.
AUD/CHF SHORT FROM RESISTANCE
Hello,Friends!
We are going short on the AUD/CHF with the target of 0.588 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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AUD CHF PRICE - DOWN FALL TO SUPPORT ZONE AUD CHF PRICE - DOWN FALL TO SUPPORT ZONE new york session traders will make the price down fall, make a sell entry as shown in the picture follow for more live updates...
AUDCHF
Break of Trend line looks like it's rolling over
Probably get some pips out of it
Usually role over after a big push up
Just had nice pull back into fvg
Should head lower
Lets see
AUDCHF Short Trade Setup A #short trade opportunity recently presented itself on the #aussieswissy (#AUDCHF) #trading chart 📉.
This is indicated by the #bearish engulfing candlestick 🕯️ pattern just below the 0.59973 horizontal resistance level.
This indicates a rejection of the same level, with potential price move in the downward ⬇️ direction (#sell).
Sufficient downward momentum should see price dumping towards the 0.57500 psychological level and possibly testing the strength of the 0.57380 horizontal support level.
As always, please apply appropriate risk management.
Happy trading!
#crosspair
