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Audchfanalysis

AUDCHF Top-Down AnalysisHello Traders, Here is the Top-Down Analysis of AUDCHF (Monthly, Weekly, Daily for direction and 4H for entry) for Week 48 - Nov 23 M > Price reached monthly resistance level again, 5 times in last 6 months. W > In its bullish move price is losing momentum while filling-in the wick of last weekly candle. We can see bearish divergence and expect a price drop however price can continue to fill-in weekly candle again. D > We can see deceleration with price closing the candle with rejection to the downside. As per COT AUD saw further closure of Long and closure of Short, reducing net positions (now in -ve). We can see closure of Long and addition of Short in last couple of months, making net positions move from 16K to -08K. AXY weakened during the said period but recovered slightly last week. CHF saw closure of both Long and Short, reducing net positions. SXY weakened during the said period however recovered slightly last week. AUD is weakening and continuation of its weakness can push price to the downside. 4H > Price is decelerating in a symmetric triangle and a break to the downside will provide bearish reversal confirmation. Pair Correlation > AUDCHF has positive correlation with AUDCAD, AUDUSD and AUDJPY and negative correlation with EURAUD. This was my Idea and I hope you find it useful. If you find the analysis of help please leave a LIKE and FOLLOW for receiving all updates during the week. In the comment section share your view or ask questions. Thank You AP17FX
Short
by AP17FX
AUDCHF short trade ideaPlan: trendline and support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
Price is making a rising towards our resistance zone.The price on AC makes a fakeout above the daily resistance zone (red zone). Price came back and broke under the zone while over sold (see RSI) Price is retracing towards our strong resistance zone making a rising wedge, while doing thet the RSI Rises as well. Waiting for some rejection or bearisch pressure to get in this trade. Take profit is set on the 1 and 4HR demand zone. just to be safe. Did tou like this analysis? please give it a like. Let me know your ideas on AC. Have a nice trading week everyone.
Short
by R2000trading
AUDCHF 50 PIPS SELL AUDCHF Showing great potential for a 50 PIP drop. We have recently seen price reject the strong level of resistance on the 4hr chart. Alongside side this we can also see that price is respecting the 0.50 fib level at previous times along the downward trend and finding a good resistance at this level. Due to a recent break of this level i can see price retesting it once more before further rising and reversing the current trend. However if i were to see price break this level once more i would look for potentially another entry. RSI(10) has also shown an oversold condition at this resistance level which further supports my idea that it has enough momentum to hit my target. Im currently waiting for a 10 PIP pull back for better entry and risk to reward ratio. TP is set at 50 pips and SL is set at 25 PIPS.
Short
by tradingonthego
AUDCHF long trade ideaPlan: wait for price retracement --> BUY (please don't follow me blindly, do your own research and test) **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in the comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
3
AUD/CHF SELL 📉👋 Hello and welcome traders to another trade idea with Fobian ☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅ 👉 WE have sell conformation: - Trend was broken. - EMA's give us SELL signal. - Candle close below ASIAN session. 💡 Why should you follow our profile on TradingView? Consistent chart updates Clean charts Short and long-term perspectives Visually teaches you valuable lessons High probability setups Analysis on a wide range of major markets SMASH that follow button! 👍 💡 Leave a comment and/or message us on how we can improve and provide better content, we are open to suggestions to create a better experience for you! Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research.
Short
by TBFinan
AUDCHF Top-Down AnalysisHello Traders, Here is the Top-Down Analysis of AUDCHF (Monthly, Weekly, Daily for direction and 4H for entry) for Week 44 - 26 Oct M > Price reached monthly resistance level, previously monthly support that had pushed price down to bearish impulse, faced rejection and started downward move. W > Price tested monthly resistance thrice and after facing rejection dropped to test weekly support. After completing M formation price moved bearish to test neck of W formation as per our target. D > As per our last analysis price dropped to complete both of our targets, last one being neck of W formation. After facing rejection at neck of W price is currently moving up for a correction. We can see an over extended M formation and can set its neck as our next short term target. As per COT AUD saw closure of more Short than Long positions, improving net positions. AXY weakened during the said week but gained some lost position last week. CHF saw addition of more Long than Short positions, improving net positions whereas Commercials also added few Long and more Short positions increasing net open positions. However SXY was weak during the said week but it gained strength last week. 4H > After rejection price is moving upwards creating HH and HL and is now testing LL it created during its bearish move. We expect price to continue with its upward move to test neck of M and complete the formation. We can see divergence on 4H timeframe hence bullish move could be short-term and price will eventually continue with downward move. Pair Correlation > AUDCHF has positive correlation with AUDCAD, AUDUSD and AUDJPY and negative correlation with EURAUD. This was my Idea and I hope you find it useful. If you find the analysis of help please leave a LIKE and FOLLOW for receiving all updates during the week. In the comment section share your view or ask questions. Thank You AP17FX
Long
by AP17FX