I posted an idea on this pair previously with the same shape. The pair has finally started to form closer to a possibility of a stronger Aussie to the Swiss. Friday's and this past week's action seemed to show some strength, as it was pushed down, but recovered. We have been making higher lows over the course of the last few months. My stoploss will be set using...
The purpose of this analysis is to propose a general BIAS for this security. AUD/CHF is now up against an internal retracement. A down wave has retraced in the region of 50-61.8%. The largest anticipated move in this security is to the down side on the DAILY, meaning LONG positions are likely to suffer the greatest. non-commercial activity is currently SELLING...
AUDCHD is currently on bearish pressure, the bearish target is at level 0.7300-0.7250. if the keylevel is broken, long position can be placed with bullish target @0.7450-0.7475
The pair has been in a longer term uptrend (better visible on the daily chart). After the strong bullish move recently, the price is now retracing to the previous support levels, ready to continue further up. Stochastic indicator show oversold levels both on the 4H and the 1D chart, which indicate that the sellers are losing steam. The support area offers great...
Hello traders , have a bat pattern with a divergence right at a structure level. Targets as shown
Hi traders, Looking to enter the AUDCHF long at current market price. Price seems to be losing momentum, it's near the trendline and at the 38.2% Fibonacci retracement. Entry: 0.73600 Stop: 0.73100 Target: 0.74387 = R:RR 1.57 Best of luck! Updates will follow.
Broken trend support. Signals trend reversal. Aiming for 61.8% fib TP
audchf trading 0.7384 level Facing Strong Resistance at 0.7410 Level Sell cmp 0.7384 Sl 0.7430 TP 0.7300
FX:AUDCHF Safe Trades;
Selling AUDCHF Daily after H.S.I and RSI trigger. Looking to take One target at first level of 5-0 PRZ.
AUDCHF is ranging between .75 and .70. Once this breakout loses momentum - I believe that will happen July 14th - Short AUDCHF to .72
we got a breakout of the falling trend. risk/reward favors longs. 0.69/1.08 is in the game.
Hey guys! Found a really great short coming soon! What influenced my decision: -Weekly is on a good,healthy downtrend -Price is about to hit a REALLY strong resistance area on the Weekly Chart at 0.74749 -38.2 Fib level beautifully joins with the strong resistance area (0.74749) - Price is in a corrective wave (or at least it looks like it) Have fun trading...