AUDCHF is currently in an uptrend, having recently broken and closed above an important intraday horizontal resistance level. The previously broken resistance has now become a support level, with the price currently retesting this level. There is potential for the market to continue rising, with the next resistance level being at 0.5930.
Hello,Traders! AUD-CHF is going up now But the pair will soon hit A broken support line Which is a resistance now And after that I will be expecting A local move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
AUDCHF in 1h timeframe chart has printed Rising Wedge Reversal Pattern with Bearish Divergence. If It break it's last higher low. I'll Sell (Stop) at 0.59245 and Stop Loss above at 0.59645.
AUD/CHF has made a significant move, smashing through a crucial daily horizontal resistance level. What's intriguing is how this broken barrier has now transformed into a sturdy support zone. This shift in dynamics suggests a potential green light for further upward momentum in the market. Picture it like this: the bulls have bulldozed through a major obstacle,...
"Exciting Update: Our AUD/CHF Analysis Nails It! Team, I'm thrilled to announce that our AUD/CHF analysis has hit its target spot-on! 🎯✨ The market responded just as we predicted, bringing us closer to achieving our goals. This success is a testament to our meticulous analysis and strategic approach. It's moments like these that highlight the power of our...
AUDCHF broke and closed above a key daily horizontal resistance. The broken structure turned into support now. The market may keep growing. Next resistance - 0.5909 ❤️Please, support my work with like, thank you!❤️
Hello,Friends! It makes sense for us to go short on AUD/CHF right now from the resistance line above with the target of 0.578 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
Price is rising towards a resistance level which is an overlap resistance level which aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.58668 Why we like it: There is an overlap resistance level which aligns with the 50% Fibonacci retracement Stop loss: 0.59335 Why we like it: There is a pullback resistance...
AUDCHF is bullish on its 1D technical outlook (RSI = 60.496, MACD = 0.002, ADX = 32.323) after a strong bounce and closing above the 1D MA500. The dominant Bullish Megaphone pattern made its previous HH on the 2.0 Fib extension and a new 1D MACD Bullish Cross has validated that it now sets course for the new HH. We target again the 2.0 Fib (TP = 0.61550) which is...
Overview: The AUD/CHF currency pair is currently encountering a significant resistance area, coinciding with the formation of an XABCD harmonic pattern. This convergence suggests a potential bearish movement in the near future. Entry Point: Consider initiating a short position near the level of 0.59700. This entry point aligns with the technical resistance and...
My trade approach to market is ,i focus on the highs and lows of price .AS seen on the charts of AUDCHF on the weekly. timeframe i have identified the highs now we let price do it wave
- AUDCHF has been trading within a bullish channel between February and April ; the mid-term trend was then bearish. - Since mid-April, prices have registered a significant pull-back to a new low, far below the lower bound of the bullish channel. The mid-term trend is now no longer valid. However, a sharp rebound occurred above the 50% Fibonacci level, bringing...
Last week, the AUD/CHF currency pair went down from 0.58300 to 0.57415, showing a bearish trend. On Friday, it dropped from 0.58600 to 0.57415 in just one day, which was a big change. But later that night, it went back up, which means buyers became stronger. This week, I think the pair won't keep going down like last Friday because buyers are showing strength. The...
Welcome back! Let me know your thoughts in the comments! ** AUDCHF Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
✅AUD_CHF will soon retest a key resistance level of 0.5994 So I think that the pair will make a pullback And go down to retest the demand level below at 0.5950 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Audchf has rejected from a prominent resistance zone and has a hourly bearish divergence. Trade can be taken from the break of the LH
Up move with all green candles, retracement with red candles. fine retracement on Fib (0.5). Strategy based, Fib (0.318) retracement is mostly expected, but this one has a perfectly alligned Fib (0.5 retest). Price broke above Fib (0) and I'm waiting for a retracement on Fib(0) for entry
This chart depicts AUDCHF with Rising Wedge in Advancing Phase indicating Declining Phase ahead.