AUDCHF
AUDCHF Potential DownsidesHey Traders, in today’s trading session we are monitoring AUDCHF for a selling opportunity around 0.57150 zone, AUDCHF was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.57150 support and resistance area.
Trade safe, Joe.
AUDCHF: Swing Short Explained 🇦🇺🇨🇭
On the today's live stream, we discussed AUDCHF.
The market is trading in a long term bearish trend.
In the middle of August, the market started a correctional movement
within a bearish flag pattern.
After the price reached the confluence zone between a horizontal resistance
and a falling trend line, the market dropped and violated a support line of the flag.
It will most likely push the prices lower to 0.5626 - current low.
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AUDCHF Technical Analysis! SELL!
My dear subscribers,
This is my opinion on the AUDCHF next move:
The instrument tests an important psychological level 0.5713
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 0.5688
My Stop Loss - 0.5728
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
AUDCHF: Important Resistance to Watch 🇦🇺🇨🇭
AUDCHF is trading in a long term bearish trend.
After setting a new lower low, the market is correcting within an expanding wedge pattern.
Ahead, I see a significant supply cluster based on a major falling trend line and a horizontal resistance.
The next trend-following wave may initiate from that.
Your bearish confirmation will be a bearish breakout of the support of the wedge.
Daily candle close below will confirm the violation.
A bearish movement will be expected to 0.5626 then
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AUDCHF My Opinion! SELL!
My dear followers,
I analysed this chart on AUDCHF and concluded the following:
The market is trading on 0.5720 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target -0.5674
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
AUDCHF Buy signal within the Channel Down.The AUDCHF pair has been trading within a Channel Down pattern since the January 27 2023 High. The price is currently on a 2-week rise and following the completion of a 1D MACD Bullish Cross, it can extend to at least the 0.382 Fibonacci level based on the previous two Lower Lows of the Channel Down. As a result, we are targeting 0.58200, which would also make a technical contact with the 1D MA100 (green trend-line).
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AUDCHFAUDCHF is trading in ascending channel but it seems like the buying stream is being limited. As the pair has started to form bearish candles from resistance zone. Currently the pair is hovering at local resistance zone but looks like sellers will take charge and continue to downside.
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AUD/CHF Full Analysis , Best Places To Can Buy 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 Is Very Bearish! Sell!
Take a look at our analysis for AUDCHF.
Time Frame: 6h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 0.565.
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 0.561 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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AUDCHF Finally we have the reaction!On AUD/CHF, we have a long setup after the price began to rotate in the 0.56-0.5630 zone, providing significant confirmations. Currently, we're in a demand zone, and the price seems to be supported by a strong trendline that holds considerable liquidity from the ascending price. Additionally, we have a price that broke two H4 swing highs; the first one lacks an interesting entry point, while the second presents an appealing entry at the 0.5657 level, where we have an H1 demand. Personally, I'll wait for the price to retrace into this zone before considering a long entry. In the case of a market entry, I would set the target around 0.5730, where we have an H4 swing high, and place a stop around 0.5602, below the market low. Happy trading to all.
AUDCHF Long structure with entry point!On AUD/CHF, we have a long setup after the price began to rotate in the 0.56-0.5630 zone, providing significant confirmations. Currently, we're in a demand zone, and the price seems to be supported by a strong trendline that holds considerable liquidity from the ascending price. Additionally, we have a price that broke two H4 swing highs; the first one lacks an interesting entry point, while the second presents an appealing entry at the 0.5657 level, where we have an H1 demand. Personally, I'll wait for the price to retrace into this zone before considering a long entry. In the case of a market entry, I would set the target around 0.5730, where we have an H4 swing high, and place a stop around 0.5602, below the market low. Happy trading to all.
AUDUSD – oversold but following China When trading the AUD you’re essentially expressing a view on China. USDCNH has been on a one-way tear of late and has weighed on AUDUSD, reflecting poor China economics, concerns of a credit event, but also the comparative returns seen in US Treasuries (over China bonds). We’ve seen underperformance in Chinese equity and industrial metals. The AUDUSD daily suggests the double top target of 0.6300 over the medium-term, and as we see in the price action, rallies have been savaged. It will take a while to get there, and the move will not be linear. For now, I see modest upside risk as shorts possibly cover given the PBoC has just announced a sizeable liquidity injection into the interbank market – but I would look to flip short into 0.6480. GBPAUD, EURAUD and AUDCHF have also been huge trades of late, and I would be taking some off the table to assess how headlines around China's fiscal stimulus play out.
Idea - Chris Weston
AUDCHF, Breakout? AUDCHF / 1D
Hello traders, welcome back to another market breakdown.
AUDCHF has devaited above old highs with a fake breakout.
The price now seems to be breaking bellow old highs which might set us for trend continuation.
I'll be watching the next pull-back.
Trade safely,
Trader Leo