Audchflong
AUDCHF approaching support, potential for a bounce!
AUDCHF is expected to drop to 1st support at 0.67311 where it could potentially react off and up to 1st resistance at 0.67479.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDCHF FULL ANALYSIS REPORT ARE READY.In the name of Allah, the Most Gracious, the Most Merciful".
AUDCHF Analysis As per Swing Trading Setup.
Trend Analysis: In Weekly Time Frame Market has Already tested August 2015 Support Level Looks Like Double Bottom.
Trend will be more upside as per the weekly Time Frame. From Testing Bottom of August 2015 Market Has Tested its Minor,
resistance level of August 2018 and Jan 2016 Hope for minor correcting in 4 Hrs Time Fram we may see 2.1 Ration with Currently Entry point.
Swing Trading: As per 4 Hrs and 1hrs Time Fram We have seen an Uptrend line Break to Downside
we May see Pullback test the Trend line and may fall more after testing the trendline or we can expect
fall to the downside.
IT IS HIGHLY RECOMMENDED TO FOLLOW RISK MANAGEMENT STRATEGY.
HOW TO TRADE ON OUR SIGNALS.
We Explain above you use that lot size whatever Capital you have.
Let say, for example, you have 4000 Dollars Capital.
We Posted Trade which has 4 Take Profit.
We will use 0.20 Total lot size We will divide it
in 4 Orders.
0.20 lot Divided by 4 Take profit = 0.05 Lot size.
So we will open 4 Trade with 0.05 Lot size for each trade.
Let See How We will do.
1st Trade 0.05 Lot: Stop loss Same >> Take profit will set to First target.
2nd Trade 0.05 Lot: Stop loss Same >> Take profit will set to Second target.
3rd Trade 0.05 Lot: Stop loss Same >> Take profit will set to the Third target.
4th Trade 0.05 Lot: Stop loss Same >> Take profit will set to the fourth target.
Let Say Our First Target Hitted Then you need to Move All Remaining Trade stop loss to Entry.
If Our Second Target Hitted Then You Need to move All Remaining Trade stop loss to First Target.
If our Third Target Hitted then You need to move All Remaining Trade stop loss to Second Target and So On.
Note: This is only for Educational purposes; this is not investment advice.
Thanks
Adil Khan.
AUDCHF Fundamental Analysis – November 28th 2019Australian Private Capital Expenditure posted a bigger-than-expected quarterly contraction. Australian Plant & Machinery Capital Expenditure posted a significant drop and erased the previous quarter’s increase. Despite the disappointing economic data set, the Australian Dollar remained well supported and the AUDCHF inside its resistance zone. Will bulls be able to lunch a breakout and extend the gains, or will bears prepare for a breakdown? Today’s fundamental analysis will take a look at price action in both directions.
The Swiss GDP for the third-quarter surprised to the upside and the quarterly increase clocked in at double the expected rate. This failed to significantly boost the Swiss Franc as comments out of the SNB regarding a potential interest rate cut dominate. The AUD/CHF remained stable inside its resistance zone, but which way is price action headed next and what will be the next catalyst? Subscribe to the PaxForex Daily Fundamental Analysis and earn over 5,000 pips per month.
KEY FUNDAMENTAL FACTORS FOR THE AUDCHF
Here is the key factor to keep in mind today for Australian Dollar trades:
Australian Capital Expenditure: Australian Private Capital Expenditure for the third-quarter decreased by 0.2% quarterly. Economists predicted a decrease of 0.1% quarterly. Forex traders can compare this to Australian Private Capital Expenditure for the second-quarter which decreased by 0.6% quarterly. Australian Building Capital Expenditure for the third-quarter increased by 2.7% quarterly. Forex traders can compare this to Australian Building Capital Expenditure for the second-quarter which decreased by 3.0% quarterly. Australian Plant & Machinery Capital Expenditure for the third-quarter decreased by 3.5% quarterly. Forex traders can compare this to Australian Plant & Machinery Capital Expenditure for the second-quarter which increased by 2.0% quarterly.
Here is the key factor to keep in mind today for Swiss Franc trades:
Swiss GDP: The Swiss GDP for the third-quarter increased by 0.4% quarterly and by 1.1% annualized. Economists predicted an increase of 0.2% quarterly and 0.8% annualized. Forex traders can compare this to the Swiss GDP for the second-quarter which increased by 0.3% quarterly and by 0.2% annualized.
Should price action for the AUDCHF remain inside the or breakdown below the 0.6750 to 0.6790 zone the following trade set-up is recommended:
Timeframe: D1
Recommendation: Short Position
Entry Level: Short Position @ 0.6760
Take Profit Zone: 0.6500 – 0.6545
Stop Loss Level: 0.6840
Should price action for the AUDCHF breakout above 0.6790 the following trade set-up is recommended:
Timeframe: D1
Recommendation: Long Position
Entry Level: Long Position @ 0.6840
Take Profit Zone: 0.6950 – 0.7020
Stop Loss Level: 0.6790
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AUDCHF - FOREX - 11. NOVE. 2019Welcome to our weekly trade setup ( AUDCHF )!
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1 HOUR
Bearish movement and price action.
4 HOUR
Strongly waving market but slowly rising.
DAILY
Bullish market and trend, following this one at the pullback now.
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FOREX SETUP
BUY AUDCHF
1ST ENTRY @ 0.68180
2ND ENTRY @ 0.68000 (wait for trigger)
SL @ 0.67670
TP @ 0.68750
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
Aussie certainty Vs Swiss uncertaintyAussi:
CPI (QoQ) (Q3): weak
Trimmed Mean CPI (QoQ) (Q3): stable
PPI (QoQ) (Q3): stable
Caixin Manufacturing PMI (Oct): strong ( High sensitive)
Probability of rate cut: Aussie cash rate futures are showing 87% odds of the RBA staying flat for next week (Nov 5).
Swiss franc:
ZEW Expectations (Oct): weak
KOF Leading Indicators (Oct): strong
SNB's Jordan:
Cites the dangers of shrinking interest rate spread
Negative rates and readiness to intervene in FX still essential to keep the pressure on the franc
Cannot say when Switzerland will return to a positive rate
Retail Sales (YoY) (Sep): strong
CPI (MoM) (Oct): weak
procure.ch PMI (Oct): forecast strong (due)
AUDCHF LongTP1 has already hit for this trade (0.67900). This level is acting as resistance but market looks ready to break this level (maybe after more people place a sell with their SL above 0.67900). Eyeing the next S/R level on the daily as TP3.
NOTE: the published chart is only to journal trades and ideas. This is not a signal or any investment advice. Most analysis has been removed for leverage