in the name of ALLAH who is most merciful and the master...
AUDCHF is in a downtrend. we have a descending triangle on the hourly chart. if this triangle breaks to the downside, it'll be a confirmation that the trend will continue. However, if you're looking to long then the bottom of the triangle with a stop loss below is where your entry should be. I'm watching this pair with a neutral sense as I type. let's see where...
I am looking for selling opportunity we have strong resistance level 0.66, I wait for pull back or maybe false break out good risk/reward, negative news about Coronavirus I am not interested on long side of this chart
AUDCHF reversed off its resistance at 0.65845 where it could potentially drop further to 0.65423. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
AUDCHF bounced off 0.65610 where it could potentially rise further to 0.66152. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
AUDCHF expected to rise up to 1st resistance at 0.66169 where it could potentially react off and drop down to 1st support at 0.65580. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Plan : wait for price to bounce off from horizontal / trendline support --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. ...
I think we are in 5th wave and also, in a huge downtrend.
Plan : wait for prices to bounce off horizontal / trendline resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. ...
AUDCHF expected to rise up to 1st resistance at 0.66791 where it could potentially react off and drop down to 1st support at 0.66509. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
formation of a bullish cypher on 1 hour chart. My take profit are as follows, Take profit 1 is at 0.66800 take profit 2 is at 0.66950
Hi fellow traders it is 2020! and lets see if price will show us further bullish moves.
AUDCHF seems to give a reversal signal regarding the RSI and price pattern. In my point of view, AUDCHF is still considered as a downtrend, thus trading opposite the trend should be done in a short period of time, "Hit and Run". Reward/Risk is about 1.5, which is still convincing. !**Disclaimer**! the content on this analysis is subject to change at any time...
In our analysis, we see that AUD is likely to keep losing value against big currencies. Follow to hear more! Entry: 0.677 Stop-Loss: 0.682 Target: 0.666 Have a nice week!