AUDCHFPrice created a double top and appears to be creating lower highs and lower lows on smaller time frame so we can hopefully see this pair trend down.
CHFAUD trade ideas
AUD/CHF H4 | Falling to 50.0% pullback supportAccount FP - #1080732
AUD/CHF is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 0.59273 which is a pullback support that aligns with the 50.0% Fibonacci retracement level.
Stop loss is at 0.59118 which is a level that aligns with the 61.8% Fibonacci retracement level.
Take profit 1 is at 0.59427 which is a pullback resistance that aligns close to the 38.2% Fibonacci retracement level. Risk/Reward Ratio: 1 : 0.99
Take profit 2 is at 0.59618 which is a pullback resistance that aligns close to the 23.6% Fibonacci retracement level. Risk/Reward Ratio: 1 : 2.23
Total risk 1.08%
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A Bearish Trade on Audchf`A double bottom pattern recognized on AUDCHF with clear divergence on the 4H timeframe indicating the price can break previous lower high and the pair can go in a strong downtrend. Placing ssell stop, stop loss and Take profit 1 & 2 according to the books. Hope we catch good pips on this
AUDCHF On the monthly charts we have a long term bearish trend forming new lows. There are imbalances likely to be cleared when there is a bullish correction.
On the lower time frames, we signs of a bullish correction forming though we do not yet have a clear confirmation. On the 4 hour,we have internal bullish structure with minor bearish correction. Once we have a clear break, we will go long on this pair targeting the previously mentioned imbalances.
AUDCHF Potential LongPrice Flow Strategy-1hr
FLOW (Daily/4hr): UP
flow (1hr): down
i-Flow: I believe the intention for the upside FLOW is to resume (see chart)
entry (15min/5min): Always set SL.
FX Wars Episode 3 - The revenge of the AUD (vs CHF)As a wise trader once said:
"Trading is a simple game. What makes it so complicated is the presence of the SNB."
In short and simple terms:
I'm buying the AUD against the CHF for a long-term swing trade.
The reasons for this are short and sweet:
- As predicted back in February, Swiss inflation fell below 2% in July.
- As predicted, Swiss inflation fell much faster than the SNB had expected (currently at 1.4%)
- As predicted, the SNB raised interest rates for the last time in June and paused in September
- Tomorrow the SNB will not raise rates, but the market will start to price in possible SNB rate cuts for 2024
- My forecast: 1st rate cut by the SNB in 2024 will be by March or June
- As predicted in this trade idea, the Swiss economy is increasingly weakening and flirting very aggressively with a possible recession, which would seal 2-3 possible rate cuts in 2024
AUD/CHF IS on The Support LineIn the 4-hour time frame, AUDCHF has recently reached both the trend line and the Ichimoku cloud. This confluence suggests a bullish outlook, with potential for further upside movement. The initial target for this upward trend could be around 0.60400.
AUDCHF : BULLISH CONTINUATION- The market has been trading inside a bullish channel since the end of February ; the mid-term bullish.
- The bounce back over the 0.5915 zone has recently ended the very short-term corrective move. Since then, the market registered a bullish acceleration towards its last top at 0.5989.
Both moving averages remains bullish, but the MACD indicator shows a short-term bearish divergence.
- The pair clearly remains in its mid-term bullish trend. Directionality is increasing as the negative correlation between AUD and CHF tends to grow.
However, on the very short-term, it seems that the market is losing its momentum. With that in mind, it is possible that the market will register a limited pull-back, probably towards 0.5967 or 0.5950, before reaching new highs around 0.6011 and 0.6040.
Pierre Veyret, Technical Analyst at ActivTrades
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AUDCHF Potential MoveI've been studying Elliott Wave Analysis and I somewhat understand it. If possible, please provide any advice using this strategy please in the comments sections below. Now, if my analysis is correct then price has complete wave b and will go on to create wave c. I have placed target points below as TP1, 2, & 3. I selected these areas because of my understanding of order blocks. Please comment and lets continue to grow as a community. Be blessed and keep trading.
AUDCHF-Long IdeaPrice has broken out of weekly trend line and has also broken the weekly swing high, will be looking for longs if the price taps bullish zone. Based on just technicals.
AUDCHF BUY Hey traders, this is Rogue_Trader007. I have spotted AUDCHF as a good BUY because it has a strong support level at 0.786 Fib level, which is also a hidden Divergence when combined with 14 period RSI. This makes a great entry as it usually shoot towards the 1.272 Fib level.
Making this a strong BUY.
Enjoy following this idea and remember that patience is key in FOREX.
AUDCHFAUDCHF is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH.
What you guys think of this idea?
Bullish MoveIn the 30-minute time frame, AUD/CHF has recently breached a key resistance level. Following a brief pullback, we anticipate a bullish movement towards the target of 0.59880.
AUDCHFGood evening traders!! I hope you all are having a beautiful trading week so far, this is my latest analysis on USDCHF at the week is starting!!
Swing buyPrice is on a bullish trend, the retracement at OB and liquidity sweep is used to confirm entry, additional confluence is pivot point.
AUD-CHF Growth Ahead! Buy!
Hello,Traders!
AUD-CHF is trading in an
Uptrend and the pair is now
Making a local pullback
To retest the horizontal
Support of 0.5919 so
After the retest we will
Be expecting a further
Move up because we
Are bullish biased
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
UADCHF H4 IDEAPrice is currently trending bullish and closed at 0.59252. A discount zone of the new H4 range. A buy opportunity is envisaged from the current market price to previous week high.
AUDCHF - wait for 78.6Area of interest
- 78.6 fib
- Daily Resistance
Alert set, and look for Price Action confirmation
✅AUD_CHF TECHNICAL ANALYSIS|LONG🚀
✅AUD_CHF is now retesting a strong support level around 0.5913
After a local correction move
And I think that we will see
A rebound and a move up
LONG🚀
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AUD/CHF SHORT FROM RESISTANCE
Hello,Friends!
Previous week’s green candle means that for us the AUD/CHF pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 0.581.
✅LIKE AND COMMENT MY IDEAS✅
AUDCHFi found a bullish divergent
and what i see is 'chart pattern'
i think this price still strong uptrend
disclaimer
i just share a chart pattern
this is what i think
what i see
this is not a signal
be smart
thanks!
