Get started

Audchfforecast

Looking To Buy On Dips Under 0.57 ?I've not been on the charts this Month as traveling and not too much happening on the HTF picture. Though the AUDCHF is looking like a real good BUY on dips under 0.57 as you can see on the daily charts below the markets have been moving in a sideways accumulation since Aug last year a strong weekly support has formed @ 0.56 Monthly selling pressure has slowly been grinding too a halt as we've hit the 0.56 level, after a near 2 year down leg part of the 12 year downtrend in this pair with slowing of momentum and sideways movements in the lower timeframes. This has potential to turn into a monster trade over the coming Months and maybe years with moves back up to 0.72 very possible so it could be a great time to start accumulating buying positions. I will be waiting for signals on my TRFX indicator on timeframes from the 4hr to the Daily as price approaches and goes under the 0.57 level. As always there is potential for this pair to move lower though personally I think this is limited and bullish outlook on the long term perspective is the best move. Hope you enjoyed the read :)
Long
by TheFxAce
7
AUDCHF I Potential rise to top of the channelWelcome back! Let me know your thoughts in the comments! ** AUDCFH Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
7 Dimension Analysis for AUDCHF 🕛 TOPDOWN Yearly: A robust and enduring bearish trend has persisted in this pair for the last 50 years. Monthly: The monthly trend aligns with the bearish sentiment, displaying some inside moves. Weekly: The market exhibits a strong bearish structure, currently within a descending triangle. 😇 7 Dimension Analysis Time Frame: H4 1️⃣ Swing Structure: Bearish 🟢 Structure Behavior: Break of Structure (BoS) 🟢 Swing Move: Impulsive 🟢 Inducement: Completed 🟢 Impulsive Move: Initiated, indicating the opportune time to enter the market. 🟢 Support Breakout: A significant break of the long support level, accompanied by a major supply and distribution area. Support breakout; the CIP now acts as resistance. 🟢 Traps: Observations of fakeouts at the top and shakeouts. 🟢 Time Frame Confluence: 4H, Daily, Weekly, Monthly 2️⃣ Pattern 🟢 CHART PATTERNS: Reversal patterns like Double Top, a bearish breakout from a Consolidation Rectangle, and continuation patterns like Shakeout Continuation. 🟢 CANDLE PATTERNS: Waiting for market open to observe specific candlestick patterns such as Gaps (Novice, Pro, Window), Kicker Sash, Separating Line, Hero, Piercing/Dark Cloud, and Open Low/High. 3️⃣ Volume 🟢 Fixed Range: Bearish volume dominating throughout the consolidation. 🟢 Massive Volume: Significant volume observed at the breakout level. 4️⃣ Momentum RSI 🟢 Zone: Entered the super bearish zone. 🟢 Range Shift: Confirmed a shift into the super bearish zone. 🟢 Loud Moves: Previous bearish entries initiated with loud moves. 🟢 Grandfather Father Son Entries: A 5-star bearish entry. 5️⃣ Volatility Bollinger Bands 🟢 Middle Band: Acting as resistance. 🟢 Contraction: Beginning, with a W pattern observed, though the overall trend suggests potential ignoring. 🟢 Dual Band Derivation: Supported. 🟢 Band Puncher: Indicating price consolidation in this area. 6️⃣ Strength According to ROC 🟢 Values: CHF stronger than AUD (6.55 vs. 1.14). 7️⃣ Sentiment If we combine and analyze all these parameters, it's evident that the pair is in a super bearish trend. Hence, the strategy is to wait for corrections and then seek selling positions. ✔️ Entry Time Frame: H4 ✅ Entry TF Structure: Short ☑️ Current Move: Impulsive ✔ Support Already Broke ☑️ Candles Behavior: Favoring sellers 💡 Decision: Aggressively sell 🚀 Entry: 0.5690 ✋ Stop Loss: 0.5801 🎯 Take Profit: 0.5356 2nd Exit if Internal Structure changes, also Exit 3rd Trendline Breakout, FOMO 😊 Risk to Reward Ratio: 3 🕛 Expected Duration: 60 days SUMMARY: The comprehensive analysis indicates a super bearish trend. The strategy is to aggressively sell, considering the confirmed break of structure, significant supply, and distribution areas. The risk-to-reward ratio is set at 3, anticipating a 60-day duration for the trade.
Short
by Optimum369
AUDCHF SELLAUDCHF is currently descending from the lower high area of the channel, visible in both the 4-hour and daily charts. 📉 Expectations: Anticipate the pair to re-test key support levels as highlighted in the attached chart. 💡 Trading Strategy: This trade is grounded in a mix of technical analysis and candlestick patterns. It's a long-term position, so ensure ample margin to manage market fluctuations. Employ proper risk management in line with your account size. 🚦 Trading Rules: 1️⃣ Rule 1: When the market hits Target 1, consider closing some positions or move your STOP LOSS to ENTRY price for safe trading. 2️⃣ Rule 2: After reaching Target 1, avoid placing new trades based on the same signal/alert. 3️⃣ Rule 3: If the market consolidates for more than 2 days, close the trade and patiently wait for the next favorable trading opportunity. 📣 Like and Share for More Insights! 🔄✨
Short
by Pro-Trading-Africa
7 Dimension analysis For AUDCHF 🕛 TOPDOWN Analysis - Navigating Crucial Support Levels Overview: The monthly perspective reveals a historical support level established in March 2020, where strong buying interest persists. Recent monthly candles, with wicks and a liquidity sweep, suggest a potential consolidation phase. On the weekly chart, a descending triangle formation is evident, indicating a period of consolidation. However, this doesn't imply missing swing opportunities. Transitioning to the daily chart, the bearish swing structure is clear, but with potential for bullish reversal. 😇 7 Dimension Analysis Time Frame: Daily 1️⃣ Swing Structure: Bearish 🟢 Structure Behavior/BoS: Break of Structure 🟢 Swing Move: Impulsive; inducement completed. 🟢 Pull Back: 1st pullback underway, possibly deep. 🟢 Internal Structure: Sideways; confluence across multiple time frames leading to confusion. 🟢 Resistance/Support Areas: Complex interplay with resistance, supply, distribution, and internal trendlines. Triangle breakout can guide targets. Traps: Internal trendline breakout considerations for potential false moves. 2️⃣ Pattern 🟢 CHART PATTERNS Reversal Presence of rounding patterns and a double bottom. Continuation Descending Triangle; awaiting breakout confirmation. 🟢 CANDLE PATTERNS Notable Observations: Bullish candles dominating the area. Blended combo of three candles signals bullish momentum. 3️⃣ Volume: Bullish volume dominance based on Volume Spread Analysis. 4️⃣ Momentum RSI: 🟢 Momentum State: Sideways, flat range. 🟢 Range Shift: Yet to shift; sideways to bullish divergence. 🟢 Divergence: Strong bullish divergence observed. 🟢 Loud Moves: Bullish loud move signifies market control. 🟢 Oversold Rejections: Three rejections, indicating buyer strength. 5️⃣ Volatility Bollinger Bands: 🟢 Middle Band Support: Provides bullish support. 🟢 Possible Compression: Suggests potential volatility before a bullish move. 6️⃣ Strength Rate of Change: AUD stronger than CHF. ✔️ Entry Time Frame: Daily ✅ Entry TF Structure: Sideways ☑️ Current Move: Impulsive ✔ Support/Resistance Base: Triangle trendlines ☑️ Candles Behavior: Ranging ☑️ FIB Trigger Event: Confirmed. ☑️ Trendline Breakout: Awaited. ☑️ Final Comments: Wait for breakout confirmation. 💡 Decision: Exercise patience. 🚀 Entry: Await breakout confirmation ✋ Stop Loss: 🎯 Take Profit: 2nd Exit if Internal Structure Changes, 3rd Trendline Breakout or FOMO. 😊 Risk to Reward Ratio: 🕛 Expected Duration: SUMMARY: The analysis highlights a crucial support level from March 2020, emphasizing potential consolidation. The weekly descending triangle suggests a pause in the trend, leading to a more detailed daily analysis. The complex interplay of support and resistance areas demands caution, with a focus on potential breakout scenarios. Patience is key, with detailed considerations of volume, momentum, and candle patterns in this nuanced market situation.
by Optimum369
Half Way Between Support & Resistance 📚 An Orderbook AnalyticsHi, I think AUD could hit 0.579 on the AUDCHF market until 2024 Q1. The price confirmed a bounce from the green support line. The next resistance is around 0.579. I defined these levels from the supply/demand view. These seem to be a level where many investors buy or sell. Precisely, investors keep buying or selling until the price hits either of these areas, and when it does, orderbook analytics suggest many now-open orders will fill and the market setup changes. If we appreciate a pullback to support, the potential profit could be up to +1% with a good 5.47 Risk-Reward Ratio. Although I don't think the current price as an ideal entry, with or without a pullback to the support level, I have a bullish idea on the AUDCHF market for the upcoming two months. (It is not an investment advice. My analytics are my subjective matter. Do your research, but feel free to extend it with my opinion as one from the many.) - Essa
Long
by Darthessa
2
AUDCHF LONG Term Buying Trading IdeaHello Traders In This Chart AUDCHF HOURLY Forex Forecast By FOREX PLANET today AUDCHF analysis 👆 🟢This Chart includes_ (AUDCHF market update) 🟢What is The Next Opportunity on AUDCHF Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexPlanet20
1
7 dimensions analysis for AUDCHF 🕛 TOPDOWN Analysis - Preparing for a Potential Reversal Overview: The market is showing signs of a potential reversal, with the yearly low almost confirmed. A long-wick pinbar, often indicative of retests and undercuts, has appeared. Vigilance is required for any reversal candles on lower time frames. On the monthly time frame, a robust demand area marked by a significant pinbar and heavy volume at the bottom suggests a potential reversal. The monthly close also forms a monthly engulfing candle, and the last liquidity sweep is evident. The weekly time frame corroborates the notion of a confirmed low and an inducement at a critical first-order block. This marks the third pullback and hints at a weak impulsive leg. Additionally, the weekly record session count aligns with this analysis. 😇 7 Dimension Analysis Time Frame: Daily 1️⃣ Swing Structure: Bearish 🟢 Structure Behavior: Indicative of a Breakout from Sideways (BoS). 🟢 Swing Move: The corrective move has nearly reached its target level. 🟢 Inducement: 50% correction completed. 🟢 Internal Structure: Awaiting high confirmation. 🟢 Supply Area: Located here. Key Points: Trendline breakout is awaited. Resistance with a liquidity candle. A fake breakout with a V-shaped move in the extended market. No follow-through at resistance, marked by a strong reversal candle at the Change in Polarity (CIP) area. 2️⃣ Pattern 🟢 CHART PATTERNS Continuation Rising Wedge Shakeout Continuation 🟢 CANDLE PATTERNS Notable Observations: Record session count after strong bull session candles, followed by a reversal candle. A long-wick, strict candle. Momentum indicators indicate both a fakeout and FOMO. Further insights may emerge during opening sessions. A blended combo of 2 classic reversal patterns. 3️⃣ Volume: Volume during the fakeout was not substantial. 4️⃣ Momentum RSI: 🟢 Zone: Superbullish 5️⃣ Volatility Bollinger Bands: 🟢 Middle Band: Signifying a reversal expectation. 🟢 Walking on the Band: Possibly in the final stages; a minor correction may be in order. 6️⃣ Strength ADX: Bulls are currently dominant, with a minor correction noted. 7️⃣ Sentiment ROC: The AUD is stronger than CHF. ✔️ Entry Time Frame: H1 ✅ Entry TF Structure: Bearish ☑️ Current Move: Corrective at the daily master time frame and impulsive at H1. ✔ Support Resistance Base: H1 trendline is broken. ☑️ Candles Behavior: Momentum-indicated corrections. ☑️ FIB Trigger Event: Completed ☑️ Trend Line Breakout: Confirmed ☑️ Final Comments: Sell for correction. 💡 Decision: Sell 🚀 Entry: 0.5870 ✋ Stop Loss: 0.5933 🎯 Take Profit: 0.5751 😊 Risk to Reward Ratio: (Ratio not provided) 🕛 Expected Duration: 1:2.32 (Risk-Reward ratio not specified) SUMMARY: The analysis suggests a potential reversal scenario based on various technical factors. The market shows signs of weakening bullish momentum and the emergence of bearish patterns. Awaiting a trendline breakout is advisable, and a sell strategy for correction is proposed. Specific entry, stop-loss, and take-profit levels are provided, although the risk-reward ratio is not explicitly mentioned.
Short
by Optimum369
#AUDCHF correction prevails----------AUDCHF LONG----------- While everybody is looking for short trading on AUDCHF I see more room to the upside. I am not convinced we are witnessing a reversal at the moment however I do think the curve has some upside potential. Given the fact that this pair has been tanking for the past months and years a reversal can happen anytime. But since we are approaching a risk-off sentiment in the coming months or so I am not really bullish on this. Until then this pair can correct slowly. I target the monthly level (red) to the upside and see whether there will be enough power from the bulls to push the curve through it. Then I will decide to leave a partial position in it or close the trade entirely.
Long
by Szuperpotyka