Audchflong
AUDCHF trading outlook
AUDCHF Has really rallied up to test the trendline going back to 2015.
AUDCHF made a new low last week and just continued up after that, creating higher lows and higher highs. I believe we will see some correction or rejection for next week before continuing up, maybe all the way up to the weekly 200MA. If the price continues lower than bias will change.
For the week to come there is only two high impact news on AUDCHF:
Thursday, July 20, 2017
AUD Employment Change (JUN)
AUD Unemployment Rate (JUN
AUDCHF still in best movement - july 19 - bullishAUDCHF still in bullish channel, right now there is small correction heading south. If this correction able to touch channel support around 0.7517, bullish will continue to 0.7630 at april resistance.
stoploss level at 0.7459, coz if this level break down, new bearish trend will perform for next movement
Audchf formed Strong bottom on daily chart now ready for push upAudchf formed Strong bottom on daily where Strong support seems at 0.7270.
If hold above 0.7280 we can see toward 0.7450-0.750 level
Advice to buy cmp 0.7365 with sl 0.7270 TP 0.7450-0.75
AUDCHF Uptrend ContinuationBeen waiting for the entry trigger for AUDCHF after CADCHF has been triggered where it is positively correlated and shows almost the same trade setup.
For this trade I'm also using my own version of U-Rider Trading System. Waited for price to retrace, this case at 38.2 Fibonacci level, then LONG trade will be triggered when a green candle closes above the 10 SMA from the retracement.
Will enter this trade at 0.73650 with initial TP of 0.74650 risking 50 pips to achieve a 1:2 RRR.
Weak CHF across the board: Buying USD, AUD and GBP against it!Welcome to May 2017!
This can be a month to remember or a month to forget, I choose greatness and memory! My trades will rock and roll today!
I have had a buy since the 28th of April on USDCHF and now I am adding another CHF sell this time on AUDCHF. Price action is indicating a strong bullish push in the short run, my first target is the 37.5% MPI (Price: 0.75660) once price reaches the level I will then decide what I am going to do, i.e. compound, close-portion, close- all etc...
The pair has been in a long-term channel, which can be seen in the chart, its been there since mind 2015 and I still believe there is more room to go which will allow me to apply a trend trade to this pair and maximize the returns.
Thanks and Happy week and month!
AUDCHF Daily Lookout Long For Now Watch For Breakout LaterDO NOT FOLLOW MY TRADES BLINDLY
price clearly bounch out from support and about to long i did not encourage you to open this trade now just wanna tell you watch for breakout later anything can happen
storng weekly support and trend line
happy trading
Audchf long advice on Strong demand zone Audchf on strong demand zone if hold above 0.7450 we can see a jump toward 0.7650
Advice to buy in range of 0.750-0.7450 sl below 0.74 TP 0.7650
AUDCHF divergence longFX:AUDCHF MACD divergence and stochastic oversold makes me believe the price will retrace into the previous support level. Stop loss is the lowest recent low minus ATR.
AUD.CHF - Long Opportunity My basic Daily & 1hr chart analysis on the AUD.CHF
I will be looking to take this pair long into next week targeting .7700 if it meets my rules to do so.
I will update this chart on multiple timeframes to give a better insight into what i am watching.
Bull Hugging The Bear It's a good bullish indication, when you see one very bearish day (2017-03-16) being "hugged" by bullish days. Hoping to see a clear bullish day tomorrow as well by the end of day, to get the well known 'Three Bullish Soldiers'. Much as I like word play, I do not blindly follow that indication, yet, adding macro economics and several others indicators, it shows a bullish sentiment.
AUDCHF Uptrend.AUDCHF has been in a steady uptrend since 24/08/15.
The 50% retrace could be a good opportunity for a long position.
Only if it bounces strongly off of it at .765.
This pair is currently retracing a drop from .87.
Good TP could be .79, which is the 38.2 point.
