AUDCHF trade ideas
Profit Potential: Long AUD/CHF Positioning1. Economic Calendar:
The economic calendar provides valuable information about upcoming economic events and data releases that can impact currency pairs like AUD/CHF .
By staying informed about these events, traders can anticipate potential market movements and make more informed trading decisions.
2. Macroeconomic Data:
Macroeconomic data, such as GDP, employment, consumption, and inflation, can significantly influence currency pairs.
Positive economic data from Australia and Switzerland may indicate a strong economic outlook for both countries, potentially favoring a long position on AUD/CHF.
3. Market Analysis:
Market analysis from reputable sources can provide insights into the current trends and sentiment surrounding AUD/CHF.
Analyzing factors such as technical indicators, market sentiment, and expert opinions can help traders assess the potential profitability of a long position on AUD/CHF.
4. Global Financial Trends:
Monitoring global financial trends and events can also impact the AUD/CHF pair .
Factors such as geopolitical developments, central bank policies, and global economic conditions can influence the relative strength of the Australian dollar and Swiss franc.
5. Risk Management:
It is important to consider risk management strategies when trading any currency pair, including AUD/CHF.
Traders should set appropriate stop-loss levels and consider factors such as market volatility and potential downside risks.
AUDCHFWe can attempt to short AUDCHF from specified level as it break HL , also bearish divergence occur indicate that it moves downward.
SL , TP mention in chart .
AUDCHF - a Bat in the makingThe Aussie has moved off a triple bottom from Aug 2023 to Feb 2024.
We can see an impulsive movement from 56 to 61. A chart may be seen as a recent double top or the formation of a H&S .
Furthermore, a Harmonic Bat Pattern may be in play. The target is the .886 retracement
of X-A , which sees price back into the prior consolidation range.
Momentum is bearish as well, with RSI <50.
Some support may be offered at the 200 MAV around 59. A break of this sees B point, and
thereafter the projected D point.
All currencies over time have withered to the Swisse, now is no different.
audchf buy ideaPotential entry at the 0.59 price for continuation to the upside.
1st target 0.59900
2nd target 0.63
AUD/CHF MARKET STRUCTURE BREAKHello guys, i'm new in this trading platform and i want to share my thoughts on this instrumen, if we take a good look at this chart, the trendline is broken with a bearish candlestick indicating short term will continue downfall, please make sure to trade with a good money management!
note: Stop Loss is a must and mine based on previous swing high + 1*ATR
AUDCHF - Bullish TrendAUDCHF divergence formed, will it initiate Bullish Trend?
Entry, Stop Loss & Take Profit are mentioned.
AUDCHF - Bullish TrendAUDCHF will break for Bullish Trend after accumulation phase?
Entry, Stop Loss & Take Profit are mentioned.
AUDCHF SELL SETUP A break of the trendline indicates a sell signal. Most likely retrace to 50% Fib.
TP and SL are marked. Risk no more than 1%.
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AUDCHF BUY -PLAN AUDCHF has reached its support at 0.5870 level and ive forecasted the retracement to 0.5950
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AUD/CHF BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
We are going long on the AUD/CHF with the target of 0.599 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal.
✅LIKE AND COMMENT MY IDEAS✅
POTENTIAL BUY FOR AUD CHFOverall price is in an uptrend. Currently ranging and about to retest a support level. A nice price action signal could be a good purchase.
AUDCHF BUYING IDEASI have marked 4h has yellow color and daily green color time frame for demanding zone where its has potentially for bull to happen any view just leave a comment.
Trade Recap - AUDNZD +1.6RBreakout Bias Signal Day. Looking to buy at low of the day. Price dumped at the start of the H4 bar open down to the Day Breakout Level. Previous H8 Low fakeout at low of the day was the trigger to buy. Entry on M15. Took partials at Daily Open.
AUDCHFThis Weekly FORECAST
Opportunity for AUDCHF. This setup trading idea is for intraday. >> TAYOR
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
AUDCHF Base Drop BaseOverall, the price remains bearish. We predict that the price will continue to fall to its strong support level at 0.588.
TP: 0.58700 (+2)
SL: 0.59750 (35 pips)
Audchf is bearishThe exchange rate between the Australian Dollar and the Swiss Franc is heavily influenced by global economic conditions, such as changes in inflation, interest rates, government policy, and geopolitical events. Additionally, the AUD/CHF pair is sensitive to currency-specific factors, such as changes in public debt levels and economic indicators specific to both countries.
bullish long termvery bullish on this pair usually dont trade this pair but this set up is great for a bullish move? share your thoughts
AUDCHF: Strategic Shorts Awaiting Key PullbacksTechnical Analysis:
Weekly Chart: Last week's price action shows a clear shift in sentiment with a lower low and lower close, indicating potential for short positions on lower timeframes. In the long run, I believe the price is heading towards the next key area around 0.5869/61.
Daily Chart: The daily price action is a bit complicated as it currently interacts with the 61% Fibonacci level. However, Friday's price action shows a clear rejection from the upside, aligning with the weekly sentiment for short positions on the lower timeframe. In the week ahead, if the price continues to decline, the next area of caution would be the 78% Fibonacci level around 0.5908.
4-Hour Chart: Combining the weekly sentiment with the daily, it seems we are well-positioned for a short position. However, we won't rush into shorts unless the price reaches a key level for a pullback. On the 4-hour chart, there are two potential entry plans:
Plan 1: Since the current price action on the 4-hour chart is consolidating, we would like to see a pullback towards the top of the range and then target the bottom.
Sell Limit Entry: 0.5960/62
Stop Loss: Above 0.5967
Target: 0.5934/29
Plan 2: If the price doesn't pull back to the top of the range and instead breaks through the support, we should wait for the price to come back and retest the newly turned support-turned-resistance around 0.5929.
Sell Limit Entry: 0.5929/34
Stop Loss: Above 0.5940
Target(s): 0.5908, 0.5870
Fundamental Analysis:
There’s not much happening with AUD except for the Flash Manufacturing PMI on Wednesday, July 24th. On the other hand, CHF remains strong due to the current de-risking theme.
Hope you have a fantastic week ahead. Happy trading!
AUDCHF: Double Short Opportunities on Key LevelsTechnical Analysis:
Weekly Chart: Last week's price action shows a clear shift in sentiment with a lower low and lower close, indicating potential for short positions on lower timeframes. In the long run, I believe the price is heading towards the next key area around 0.5869/61.
Daily Chart: The daily price action is a bit complicated as it currently interacts with the 61% Fibonacci level. However, Friday's price action shows a clear rejection from the upside, aligning with the weekly sentiment for short positions on the lower timeframe. In the week ahead, if the price continues to decline, the next area of caution would be the 78% Fibonacci level around 0.5908.
4-Hour Chart: Combining the weekly sentiment with the daily, it seems we are well-positioned for a short position. However, we won't rush into shorts unless the price reaches a key level for a pullback. On the 4-hour chart, there are two potential entry plans:
Plan 1: Since the current price action on the 4-hour chart is consolidating, we would like to see a pullback towards the top of the range and then target the bottom.
Sell Limit Entry: 0.5960/62
Stop Loss: Above 0.5967
Target: 0.5934/29
Plan 2: If the price doesn't pull back to the top of the range and instead breaks through the support, we should wait for the price to come back and retest the newly support-turned-resistance around 0.5929.
Sell Limit Entry: 0.5929/34
Stop Loss: Above 0.5940
Target(s): 0.5908, 0.5870
Fundamental Analysis:
There’s not much happening with AUD except for the Flash Manufacturing PMI on Wednesday, July 24th. On the other hand, CHF remains strong due to the current de-risking theme.
Hope you have a fantastic week ahead. Happy trading!
