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Audchflong

CHF/AUD TP Hit, Look For RetraceThis has just hit TP on previous posts for this pair. Now looking for this to retrace and possible re-entry for shorts. Fibonacci obviously depends where this current downward move ends but currently 0.382 aligns with previous structure so this makes sense to be the area this could retrace to. Then need to see bounce from this resistance lower. I'm currently setting target as 1.4130 for that next move but I will make a new post for this if and when the retrace comes.
by olly48
AUDCHF - Bullish BiasAUD - BULLISH 1️⃣ Market participants remained cautiously optimistic as US Democrats cleared the path for the approval of President Joe Biden’s US$1.9 trillion COVID-19 relief package, while Speaker Nancy Pelosi predicted the final relief legislation could pass Congress before March 15. 2️⃣ Progress in coronavirus vaccinations continued fueling hopes for a strong global economic recovery. CHF - BEARISH 1️⃣ Signs of progress on additional US stimulus measures pushed the yield on the benchmark 10-year government bond to near 10-month high touched in January. 2️⃣ SNB policymaker Andrea Maechler argued that benefits of negative rates outweigh the disadvantages and noted that the CHF's strength would put the Swiss economy in a much worse position if not for negative rates. ===== Technical ===== We are looking to buy the AUDCHF on the RBS + above SMA 50 on the H1 chart.
Long
by MonsunAsia
Expecting a bounce off converging supportsPOC line from VPVR and 2 strong trendlines converging at the same point. Also, the last candle was a strong rejection with a Doji candle. Expecting at least a retest of the new highs for a 3.9RR initial profit. Stop loss below the strong support. Price would have a VERY hard time going past all of the past consolidations from the beginning of December... so the uptrend will likely continue from here! simple Here is a look at the RSI from the 1H chart going up, indicating that the market is getting stronger even if the price has not gone up yet!
Long
by TheSnowballEffect
2
AUDCHF - SWING - 25. JANU. 2021Welcome to our weekly trade setup ( AUDCHF )! - 1 HOUR Bullish price action and pressure. 4 HOUR Sideways market structure about to push to previous highs. DAILY Good long entries following mid term trend. - FOREX SWING BUY AUDCHF ENTRY LEVEL @ 0.68550 SL @ 0.68230 TP @ 0.69000 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
16
AUDCHF - Bullish BiasAUD - BULLISH 1️⃣ Global risk-trends resumed after a smooth inauguration ceremony for US president Joe Biden, who has proposed that he will spend $1.9 trillion in a bid to help revive businesses that have suffered under lockdowns in order to limit the spread of the virus. 2️⃣ The seasonally adjusted unemployment rate fell to 6.6% in December, the lowest jobless rate since April, as the economy emerged gradually from the COVID-19 shocks. CHF - BEARISH 1️⃣ The positive risk tone weighing on the safe-havens CHF. ===== Technical ===== We are buying the AUDCHF on RBS + above SMA 50 on the H1 chart.
Long
by MonsunAsia