Price has broken the upwards trend and is looking for a possible downwards trend but still resting on a support, if price breaks the support then we should see a sell to 0.57087
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 weekly charts,we have a disequilibrium and unmitigated supply at 0.607 price handle, price is seeking to correct it. On the 4-hour chart, we have a shift in market structure confirming the bullish...
Looking to short based on the new forming declining trend.
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...
My dear friends, Please, find my technical outlook for AUDCHF below: The instrument tests an important psychological level 0.5809 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.5768 Recommended Stop Loss - 0.5827 About Used...
Hello,Friends! AUD/CHF is making a bullish rebound on the 3H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 0.580 level. ✅LIKE AND COMMENT MY IDEAS✅
Here is our detailed technical review for AUDCHF. Time Frame: 5h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 0.579. Considering the today's price action, probabilities will be high to see a movement to 0.583. P.S Overbought describes a period of time where there has...
AUDCHF is testing a Support area of 0.58060. Also, it's at the strong 4-hour trendline. We are expecting a trend continuation and our profit target will be the next Resistance zone of 0.58600.
AUDCHF formed a nice double bottom, retesting a recently broken horizontal resistance. I expect a further growth on the pair now. Next goal - 0.5835 ❤️Please, support my work with like, thank you!❤️
Hello traders! ‼️ This is my perspective on AUDCHF. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I wait price to go a little bit lower and then to reject from trendline + support + institutional big figure 0.58000. Like, comment and subscribe to be in touch with my content!
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current AUDCHF chart which, if analyzed properly, clearly points in the downward direction. ❤️ Please, support our work with like & comment! ❤️
The AUDCHF has formed a triple bottom pattern, suggesting a potential bullish breakout pending confirmation on the highlighted neckline/key level. Additionally, there has been a recent breakout of the trend, indicating the possibility of a bullish rally towards the $0.61500 region.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 AUDCHF has been overall bullish, trading within the rising channel in red. Currently, AUDCHF is approaching the upper bound of the channel acting as a non-horizontal resistance. Moreover, it is retesting a strong resistance zone at 0.585 marked in green. 🏹 Thus, the...
Hey Traders, in today's trading session we are monitoring AUDCHF for a buying opportunity around 0.57850 zone, AUDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.57850 support and resistance area. Trade safe, Joe.
AUDCHF broke and closed above a key daily horizontal supply cluster. The broken structure turned into a demand zone. We can anticipate a bullish wave to 0.5837 resistance now. ❤️Please, support my work with like, thank you!❤️
Hello,Friends! AUD/CHF pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.575 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. pullback could be in place but likely to look more to the upside and taking longs on pullbacks Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the...