AUD/CHF SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
Previous week’s green candle means that for us the AUD/CHF pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with
Australian Dollar / Swiss Franc
No trades
About Australian Dollar / Swiss Franc
The Australian Dollar vs. the Swiss Franc pair is usually used as a carry trade. Swiss Franc is considered as a safe currency during unstable economic times and the Australian Dollar is a more responsive one to global economic conditions. AUD CHF pair is often used as a measuring stick for the global economic performance.
Related currencies
AUDCHF: Bullish More After Breakout 🇦🇺🇨🇭
AUDCHF broke and closed above a key daily horizontal resistance.
Retesting a broken structure, the price formed a bullish flag pattern.
A breakout of its resistance line is a strong confirmation.
It indicates a highly probable movement up to 0.5656 level.
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Bullish continuation?AUD/CHF could fall to the pivot which his a pullback support and could bounce to the 1st resistance.
Pivot: 0.53074
1st Support: 0.52750
1st Resistance: 0.53891
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or
Falling towards pullback support?AUD/CHF is falling towards the support level, which is a pullback support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.52861
Why we like it:
There is pullback support at the 38.2% Fibonacci retracement.
Stop loss: 0.52492
Why we lik
Bullish momentum to extend?AUD/CHF is falling towards the support level, which is a pullback support that aligns with the 23.6% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.53042
Why we like it:
There is a pullback support that aligns with the 23.6% Fibonacci retracement.
Stop loss: 0.
AUDCHF: Possible Reversal From Resistance ZoneAUDCHF: Possible Reversal From Resistance Zone
AUDCHF is testing a strong resistance area near 0.5285 - 0.5300 from which the price has been rejected several times in the past. We are talking about an area that is already 6 months old, increasing the chances of the price falling once again.
Main
AUDCHF - Bullish SetupClean pullback to strong support: ascending trendline + 61.8% Fib + 50 EMA all lining up.
Bullish engulfing candle, higher low formed — buyers are back in control.
Confirmations:
RSI climbing above 50
MACD bullish crossover + positive histogram
Volume rising on green candles
Long bias.
Entry on re
Trade Plan (Live): sold AUD/CHF at 0.5292We have the AUD basket holding at a 161.8% extension. The CHF basket has completed a five-wave count to the downside. This offers a bearish bias for AUD/CHF.
The one-hour chart shows an Ending Wedge pattern that has an eventual bias to break to the downside.
We have seen risk-off sentiment this mo
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of AUDCHF is 0.52989 CHF — it has decreased by −0.60% in the past 24 hours. See more of AUDCHF rate dynamics on the detailed chart.
The value of the AUDCHF pair is quoted as 1 AUD per x CHF. For example, if the pair is trading at 1.50, it means it takes 1.5 CHF to buy 1 AUD.
The term volatility describes the risk related to the changes in an asset's value. AUDCHF has the volatility rating of 0.19%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The AUDCHF showed a 0.66% rise over the past week, the month change is a 0.88% rise, and over the last year it has decreased by −5.87%. Track live rate changes on the AUDCHF chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
AUDCHF is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade AUDCHF right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with AUDCHF technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the AUDCHF shows the neutral signal, and 1 month rating is sell. See more of AUDCHF technicals for a more comprehensive analysis.









