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AUDCHF

AUDCHF: Trade around this trendline.The AUDCHF pair is trading inside a nearly 1 year Channel Down, with the 1D technicals obviously bearish (RSI = 35.683, MACD = -0.006, ADX = 40.124). We will trade according to whether the LL trendline holds or breaks. If it breaks, we will sell and target the bottom of the Channel Down (TP = 0.58000). If it holds, we will buy and target the 1D MA200 (TP = 0.62000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
by InvestingScope
AUD/CHF could be headed for the April 2020 lowAUD/CHF is within an established downtrend on the daily chart, and the current dynamics present a divergent theme which could send it lower from here. Yesterday closed with a bearish engulfing candle at its lowest level since April 2020. The moving average remain 'within order' and fanning out, and the 10-day EMA is now capping as resistance as prices try to accelerate away from the averages. The monthly S1 pivot sits around 0.5975 and the RSI is oversold, so we may see a period of consolidation or minor rebound from S1. But the bias remains bearish below 0.6100 and for an eventual move towards the April 2020 low.
Short
by CityIndex
AUDCHFWell, after this pair, which does not usually sweep its average daily range, has swept it and in the opposite direction to how the week began, it would be normal to see an upward rebound tomorrow. At noon we will protect it, and at the end of the afternoon or first thing on Friday we will assess the closure. Bueno despues de que este par que no suele barrer su rango diario promedio lo haya barrido y en sentido contrario a como empezo la semana lo normal sería mañana ver un repunte al alza. A medio dia lo protegeremos, y a ultima hora de la tarde o el viernes a primera hora iremos valorando el cierre.
Long
by SGsauragestion
AUDCHF 15MHello traders, AUDCHF is setting up for a short term downside move, watch AUDCHF according to your own trading strategy and look for a short position opportunity for a short term trade setup. I am currently waiting for price to break the yellow box support area, if price break the mentioned area and give me a beautiful retest then i will be looking for a short trade setup but if price break the white box high level without breakout of my mentioned area to the downside then this setup will be invalidate. This is just analysis, not the exact trade or any kind of signal that proven with wining or losing % so be sure trade with your own according strategy do not depend on my analysis. I wish you good luck in trading.
Short
by TheLoserMan
AUDCHF 4/4/2023The recent decision by the Reserve Bank of Australia (RBA) to raise the benchmark interest rate by 25 basis points to 3.6%. When a central bank raises interest rates, it signals that they are trying to control inflation by reducing the amount of money available for borrowing and spending. This can help to stabilize prices and keep inflation under control. It can also make the currency more attractive to foreign investors, as they can earn a higher return on their investments. In the case of the Australian dollar, the interest rate increase by the RBA can help to support its value against other currencies, such as the Swiss franc. This means that the AUDCHF pair may continue to trade within a range of support and resistance levels, as the market tries to find a balance between supply and demand for the two currencies. However, it's important to note that there are many other factors that can influence currency prices, such as economic data releases, geopolitical events, and changes in global market conditions. These factors can cause sudden shifts in market sentiment and volatility, so traders should always be aware of the risks involved in forex trading. The recent decision by the RBA to raise the benchmark interest rate can help to support the value of the Australian dollar against other currencies, including the Swiss franc. This may help to keep the AUDCHF pair within a range of support and resistance levels. Traders should always keep an eye on other factors that can influence currency prices and manage their risks accordingly.
by DNP-FX
AUDCHF - 4hrs ( Buy Trade After Retest Tp Range 180 PIP ) 💲Pair Name : AUD/CHF 🗨Time Frame : 4hrs ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( ↗️ Long After Retest ) Type : Mid Term Swing ——————————— 🔰Bullish Reversal 0.61150 Area Reasons 🔘- Major D / Turn level 🔘- Fibo Golden Zone 🔘- Visible Range Hvn 🔘- Fixed Range 🔘- Inner Channel Middle Band 🔰Bearish Reversal 0.62800 Area Reasons 🔘- Major Turn level 🔘- Visible Range Value 🔘- Channel Upper Band 🔘- M / L 🔘- Fixed Range lvn
Long
by GentleGoldenEngine
2
AUDCHF - 12hrs ( Buy Trade Target Range 150 PIP ) 💲Pair Name : AUD/CHF 🗨Time Frame : 4hrs ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( ↗️ Long ) Type : Mid Term Swing ——————————— 🔰Bullish Break 0.61300 Area Reasons 🔘- Major D / Turn level 🔘- Fibo Golden Zone 🔘- Visible Range Hvn 🔘- Fixed Range 🔘- Inner Channel Middle Band 🔰Bearish Reversal 0.62800 Area Reasons 🔘- Major Turn level 🔘- Visible Range Value 🔘- Channel Upper Band 🔘- M / L 🔘- Fixed Range lvn
Long
by GentleGoldenEngine
AUDCHF...UT (3W) Long Term SwingTP4 @ 0.7585 TP3 @ 0.7315 TP2 @ 0.6866 TP1 @ 0.6550 BSO @ 0.6160 BLO @ 0.6095 SL @ 0.6080 ADDITIONAL INFO: This is a slow moving pair, so use a conservative position size—no greater than 2% of the Net Asset Value of your trade account. Also, I'll be shaving 50% of my BUY POSITION @ each TP. After Price Action pulls back from that TP, I'll be placing a new BUY STOP POSITON at the same price as the TP that triggered. Be blessed everyone (Numbers 6:24-26) ⚠️The information above is NOT advice to enter a position. Trading and investing with or without margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade and invest, you should carefully consider your investment objectives, experience level, and risk appetite. You could sustain a loss of some or all of your initial investment and should not invest money you cannot afford to lose.
Long
by ProfessorCEWard