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✅
AUD-CHF is going up To retest the horizontal Resistance of 0.5990 And after the retest We will be expecting A local move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Please, check our technical outlook for AUDCHF. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 0.597. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all...
Audchf has rejected from a prominent resistance zone and has a hourly bearish divergence. Trade can be taken from the break of the LH
Intraday Bearish Bias: As long as (0.59600) is support, am expecting the price to drop. Target 🎯 at 0.58800
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.
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!❤️
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...
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!
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...
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's recent trend exhibits bullish behavior with prices achieving higher highs above the R1 monthly pivot, suggesting strength. However, beneath the surface, signs of caution emerge. The Commodity Channel Index (CCI) displays lower highs, creating a bearish divergence against the price's higher highs. This divergence hints at weakening upward momentum,...
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...
The pair is in Downtrend making LL and LH. The pair made a sharp dip after breaking LL and bouncing back again and almost at complete retracement. A short entry can be placed at fib level of 0.786.
Hello,Friends! AUD/CHF is trending down which is evident from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand...
as the price broke my first pyschological level. i waited for a retest to enter in for a short position toward a sell market. to the level support zone. and when pontentially its break that level. by tomorrow or by new york session there will be retesting of the new resistant zone and it will continue on the downward trend position.
AUDCHF chart is in bullish trend. Observed divergence has played its part currently its forming a shape of cup and handle which is a continuation pattern.
AUD CHF PRICE - DOWN FALL TO SUPPORT ZONE new york session traders will make the price down fall, make a sell entry as shown in the picture follow for more live updates...