FX:AUDCHF   Australian Dollar / Swiss Franc
Riding the bullish sentiment on AUD in COT report along with its rally last week after some good news regarding its better than expected trade balance as well as China's CPI , and Australia getting exempted too from steel tariffs imposed by Trump (like Canada and Mexico). Must monitor CHF and EUR closely though because any signs of rally soon might make this pair ranging instead and there's risk of getting whipsawed instead. Setting up buy stop order @0.75 with TP near weekly resistance @0.775 and SL somewhere between base and R1 pivot lines @0.74






Confidence: B (because of geopolitical risk concerning EUR that can affect CHF)
Order cancelled: Pair didn't reach the buy stop; also my sentiment on AUD changed after Trump recently slaps the $50-60B tariff on China-- which has a negative impact on AU as well despite being exempted from it.

Related Ideas

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out