Aussie weak for the while might make it to the Target before turning up as they always do up down up down fighting with each other all the time or just taking turns Best time to buy is on Pull back some reckon cheaper, but i like to see break of Support and Monentum helps and News Helps and Patterns do help it all comes into play really just starting to...
Based on daily, weekly and monthly candle, chances are price got rejected by resistance zone and preparing for retest the space inbetween. In my opinion a short trade has the best probabilities here.
I think the C wave will be finished in the couple of next weeks and the BIG upside move will start. In weekly view you can see that a flat corrective structure is forming. If you have different view please let me know in comment section. Please trade with care.
Waiting for the bounce before the possible bearish slide of this pair if not by Friday, by next week, based on price action from the weekly chart as well as the bearish effect on most AUD pairs in general due to recent USD strength from rising US yields and general hawkishness of the Fed. Setting up sell stop order @0.74069 with TP near the weekly trendline...
Very short-term trade, this post is slightly late. A bearish bat pattern has already completed. I have shorted this pattern. R:R at about 1.1 and 1.9. Good luck.
AUD/CHF pauses downside at 100-DMA support at 0.7468, we see weakness on break below. The pair has failed to extend gains above 200-DMA, and is retracing from 3-month highs at 0.7567. Price action hovers around daily Ichimoku cloud, and break below 100-DMA raises scope for test of 21-EMA at 0.7433. We evidence a 'Bearish Bat' formation on daily charts which adds...
As described in the chart. Visit our web for more.
Harmonic Pattern Bearish Shark As described in the chart
AUD/CHF slips lower below 5-DMA support at 0.7442, currently trades at 0.7425, intraday bias lower. SNB maintains status quo, leaves deposit rate unchanged at -0.75%, failed to provide any fresh impetus. Renewed concerns over a global trade war lending some support the Swiss Franc's safe-haven appeal. Technical studies are turning slightly bearish. Stochs are on...
AUDCHF weakness is bound to come into play on a 4HR slow rising channel incinuationg that buyers are weaker and bears may move the trend lover
FX_IDC:AUDCHF Rising wedge from late 2015 till date (start 2018). Price behaviors noted: 1) constantly made higher highs, and higher lows 2) price has respected the support with minimally 3 decent touches 3) similar findings for the resistance, which was initially an increasing resistance, turned into a flat resistance - respecting a longer term S/R Reasons...
Upside for now remains capped at 0.74 handle and we see breakout there to see further gains. On the flipside, the pair is trading below all major moving EMAs. Break below 0.73 handle will see resumption of weakness. We then see scope then for test of 0.7220 (88.6% Fib). Support levels - 0.73 (psychological level), 0.7285 (78.6% Fib retrace of 0.7146 to 0.78...
This pair has tried rising and has failed to make it to support. As long as our bearish confirmations hold, I will be looking for a sell entry. I am watching for a break below our current candle targeting close to the low of the long bearish wick we saw last week. If any of our bearish confirmations change, this trade may become invalidated.
Hi guys, Here is my view on AUD/CHF.