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Audchfforecast

AUDCHF is waiting for the impulse moveAUDCHF ⚡️ From starting of the year The price felled towards 0.53420 and making a bigger downward impulsive move which is around 20% drop from January 2020.After that the AUDCHF managed to gain most of the loses its earlier incurred. ⚡️ After reaching June high which is 0.67430 the price unable to push further trading in sideways until September 02 afterwards the shifting of momentum happened and price stared to fall again as previous impulse wave ⚡️ On this range Elliot correction wave From A to E has formed And one minor correction waves are formed on the upper side of trend line ⚡️ The price has felled below the lower side of trend line and trading at 0.65000 key psychological level. We can expect a minor rebound retest towards the lower side trend line and will fall towards .236 Fibonacci retracement ⚡️ After the completion of minor Elliot wave correction a micro Elliot wave is underway currently the primary 01 is forming. And the swing target would be around 50% Fibonacci level which is a expected level for the completion of Wave 03. ⚡️The price felled below the 03 Exponential moving average and Ichimoku clouds and cloud turned red and pointing towards south ⚡️ In RSI its under 20 and over bought condition will make some minor upward correction towards lower side trend line Key levels to watch 3 Month high -0.6712 3 Month low - 0.6486 6 Month high - 0.6743 6 Month low - 0.5727 yearly high - 0.6796 yearly low - 0.5342 ----------------------------------------------------------------------------------------------------------------------------------------- Please give us a thumbs up if u like our work and do follow us so that you can get a regular update about upcoming setups and ideas
Short
by forexorbit
AUD/CHF BUY IDEAHey tradomaniacs, welcome to new free trade-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! AUD/CHF: Day-Swingtrade-Preparation Market-Buy: 0,66515 Stop-Loss: 0,66075 Target 1: 0,66900 Target 2: 0,67130 Target 3: 0,67450 Stop-Loss: 44 pips Risk: 0,5% - 1% Risk-Reward: 2,13 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Long
by Trading2ez
1
AUDCHF - BEARISH BIASAUD - BEARISH 1️⃣ The risk-off market environment and the broad-based USD strength forced the pair to decline. 2️⃣ US President Donald Trump's comments triggered a new bout of flight-to-safety. Trump said there was a possibility of the US economy decoupling from China and announced that they will prohibit federal contracts to companies that outsource to China. CHF - BULLISH 1️⃣ Risk tone remains firmly risk-off, expect safe-haven currencies to remain in strong demand. ===== TECHNICAL ===== - We are looking to short this pair on pivot point level + SBR level + SMA100 area on H1 chart. - AUDCHF in bearish zone. ===== RISK TO THIS TRADE ===== - This trade will hit stop loss if market sentiment turns to risk-on mode.
Short
by MonsunAsia