Audchfanalysis
AUDCHFAUDCHF weekly forecast
Will either be getting nice rejection or big breakthrough at this level
I am personally neutral on this pair as CADCHF is correlated directly with this pair as well
AUDCHF Analysis: Ascending channel breakoutHi traders,
AUDCHF has been following an ascending channel from around mid-september and has now managed to break its support line.
I see high chances of price falling further due to the breakout.
AUDCHF sell signal........It's a great time for me to sell AUDCHF pair. If it retests then you can enter to trade. But you can still sell this pair.
After entering the trade you can move SL to the entry label when it reaches TP- 1
Then You can take half of your profit to close half of your trade.
And wait for reaching TP -2
AUDCHF Analysis: Price following a broadening wedgeHi traders,
Price still in an uptrend and following a broadening wedge within the ascending channel.
Currently the price has hit the resistance line of the wedge and is likely to bounce off towards the wedge support level.
Breaking of the wedge resistance line will invalidate this short/sell signal.
Share your opinions in the comment section. If you agree with the analysis kindly hit like to show support.
AUDCHF Analysis: Short term tradeAUDCHF is generally in an uptrend and following an ascending channel.
However, currently it has formed a triangle pattern within the structure which may present a short term trade opportunity.
I have marked it a short because personally I feel the triangle may break from the bottom side. You may wait for the breakout to confirm your side of the trade.
audchf trade setupbullish bat trade setup. don't forget that tp price may change according the reversal price
AUDCHF Analysis: Price at a strong resistance levelAUDCHF is following an ascending channel. I has currently reached a strong resistance level and has shown signs of reversal in smaller timeframes.
There is a likelihood that the price may fall down towards the support line of the channel.
Breaking of the resistance level with invalidate this analysis.
If you agree with this analysis hit the like button to show some support.
Buying AUD/CHFTrading Setup for next week.
We are buying AUD/CHF on a pullback.
Entry: 0.6748
Target 1: 0.6790
Target 2: 0.6748
SL: 0.6677
Keeping our SL below 200SMA
Risk Reward 1.22
AUDCHF = Possible Brake of The ResistanceAUDCHF = Current Price is near Resistance. If Broken, Wait for Retracement (a move back to retest the broken resistance turned support line) and look for a price action signal to go long. Be Patience yall and Cheers
AUDCHF Big sell waiting...AUDCHF has almost completed a retest to the broken resistance, therefore we'll be looking to short this pair from the resistance...
AUDCHFThe pair has posted an engulfing bearish candle yesterday respecting perfectly the 50MA and confirming the downtrend. It is at the moment sitting at support but if this is broken I can see a strong case for the pair to go all the way down 0.6775 area where I would expect a double bottom as this has been an area many times respected in the past (2015 and 2016).
This view is supported by MACD making a tick lower.
A pull back in the 4H chart and break of the lows will be needed for me to enter the trade.
Trade safe!
BULLISH ON AUDCHF This pair broke out bullish after reaching support ( the point where it started moving up) . We've currently seen price move bearish into what i'd see as a pullback with potential to for price to bullish again and create new highs toward the price level marked with the green line which is also our take profit level.
ENTRY - Grey line
STOP LOSS - Red line
TAKE PROFIT - Green line
Risk exposure - 1%
Happy trading all :)
AUDCHF - ShortThe Australian Dollar has been weak of late, and with the current risk off sentiment we are expecting a shift back into the worlds safe haven currencies of JPY and CHF.
Our favoured pair for the coming week is AUDCHF with a beautiful 15m bearish engulfing candle right off of our level of interest at 0.68630.
Initially this trade has been taken as a day-trade however we will look to scale into a larger position and hold for anywhere from a couple of days to a couple of weeks should the initial target at 0.68325 be convincingly broken.
Keep it real.
Cheers, Paul.
AUDCHF DESCENDINNG CHANNELPrice has been travelling inside a triangle and also inside a descending channel. This week the market opened with a large gap to the bottom of the channel and now it has started making its way up to the top of the channel.
As shown above we expect price to test the channel again downwards...
