If you have seen my analysis on GBPCHF & NZDCHF (inserted below) you will notice how similar this analysis on AUDCHF is. Price is trading in a weekly supply order block. I am bearish on AUDCHF but I am not in a hurry to jump into a short trade.
The red line you see in my chart which is inside the weekly order block (yellow box) is the low of the December 2022 candlestick (switch to your monthly chart to see it)
Also, GBPAUD which is correlated with AUDCHF has a bullish outlook (my analysis inserted below)
I will be monitoring this pair this coming trading week to see if with will present a good 1-hour CHOCH to take the short trade.
Hi mate, been watching your analyses for a while now and most of of them if not all are spot on. I can see you are also actuve today and been wondering if you will also go through a few JPY pairs as well? Mainly asking about GBPJPY, EURJPY and AUDJPY... Price rallied high last week and what do you think may happen from tomorrow please. Very much appreciated, Matt
jabariofafrica
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@reserved010, Hello and thank you.... I just completed a virtual session with some people showing them why the JPY pairs for me are quite tricky... But if I was to pick a side, I'd say the bullish move might continue into next week. But I expect manipulations on the JPY pairs. If you wanna join the group of people I run through my analysis with just send me a dm... Its 100% free