FX:AUDCHF was taking a beating for last 20 trading days. Now the bears are done with it. Bulls are overtaking Bears and it is visible with bullish price action of the AUDCHF. The RSI crossover on the MA is good signal to suggest we are entering a Bull run. E : Below 0.7350 SL : 0.7280 TP : 0.7450
Hi guys, Here is my view on AUD/CHF.
AUD/CHF seems to be in a bullish continuation pattern. If the current support holds we can expect it to go further higher up about 100 pips. The more you wait for the confirmation before entering, the less unprofitable positions you will get into. Happy trading!
AUD/CHF seems to not have any more support to go any higher and a breakout of it's current support would bring the currency pair down about 200 pips and more. This is a good short long term opportunity with a risk:reward of 1:2. Always invest after your own analysis and always risk manage properly. Happy trading!
AUD/CHF is in a bearish trend and still has not any strong support to expect it to go any higher. This is from my opinion a great opportunity to go short AUD/CHF for long term. If you're looking for shorther term the your TP should be 0.75 Always invest after your own analysis and respect your rules! Happy Trading :D
There is a possibility that AUD/CHF may continue it's downward descend further down. Keep an eye on it, and invest after your full confirmation. And as always, only invest after making your own analysis as well as money manage properly. Happy Trading!
AUD/CHF is currently on a strong support. A breakout and trend continuation upwards could very well happen if the actual support holds. As always, money manage properly and trade professionally. Happy trading!
Head and shoulder on AUDCHF feel free to take ideas but trade with your own mind ;)
Sorry I've not been so active recently, been away for a week. AUDCHF recently broke out from a strong downtrend and found resistance at the 38.2% fib level. Today the daily candle did retest this level and will be closing strongly below. We have the opportunity to short this pair and I will be watching closely on lower TF's before opening a sell order. This...
AUDCHF has been in a steady uptrend since 24/08/15. The 50% retrace could be a good opportunity for a long position. Only if it bounces strongly off of it at .765. This pair is currently retracing a drop from .87. Good TP could be .79, which is the 38.2 point.
Hi traders!I hold a point:Good charts does not more words to explain! Good luck!
A break of the 50ema could open up the high side and retest the .7590 zone which would act as the upper parallel for the channel. If it fails to break above the 50 we have another trend line which would act as the upper parallel and push price back down to the .75 zone to create a new low.
Forgive me I am not specialist when it comes to knowing all the bullish and bearish pattern formations YET. But it has been in a clear bullish channel for a while now. But recently its created higher lows and highs. It can continue to rise up as I have drawn. I can tell it is in a breakout formation to the upside or down is too early to tell.