AUD/CHF - Weekly AnalysisOn Monthly:
Overall is Bearish move towards 0.53400 lowest since 2020.
It is moving towards 0.55900.
EMA 200, 50 and 20 are all above price.
-- On Weekly:
EMA 200, 50 and 20 are above the price.
It has broken Rising Wedge / Correction.
Price was rejected at R. 0.57200and it's going towards 0.55900.
--On Daily:
A sort of Double Top is formed and touched 200 EMA twice and got rejected.
It support Monthly and Weekly analysis.
-- On Hourly:
It confirms previous timeframes and complement the overall Bearish move.
All three EMAs, 200, 50 and 20 are above price sequentially.
AUDCHF trade ideas
AUDCHF SUCCESSFULLY BROKE A SUPPORT LEVEL ON A DAILY TIMEFRAME!Last week Friday, price successfully traded and closed below the previous support of 0.56787. Price got impacted with high volatility that led to the shift in market structure. This Week, we anticipate an interest rate cut news from the reserve bank of Australia(RBA). A worse than expected rate can impact negatively on this pair which may lead to a further sell on this asset.
AUDCHF: Mixed Fundamentals - BEARISH BIAS in 1st half of Dec24ABOUT GLOBAL LEI and GDP
1. During H2 of 2024, the Global LEI and GDP are INCREASING.
2. The AUD and CHF pair was picked because their LEIs and GDP trends are moving in opposite direction.
3. Good Golbal GDP would means we are in RISK-ON situation, so it is good for AUD.
AUDCHF: LEI, ENDO and EXO SUMMARY
LEI DECREASING : AUD LEI are decreasing but CHF LEI are increasing. Overal LEI BIAS BEARISH for AUDCHF.
ENDO INCREASING: AUDCHF collective ENDO score is INCREASING from May24. This means AUD is Strong as compared with CHF. ENDO BIAS BULLISH for AUDCHF.
EXOs MIX DECREASING: EXOs of AUD are slowly IMPROVING but overall AUDCHF EXO Bias is MIX DECREASING mainly because of CHF GDP is improving more than AUD. EXO BEARISH BIAS FOR AUDCHF.
EXO+LEI INCREASING:
FINAL SCORE INCREASING: BIAS BULLISH for AUDCHF
COT REPORT ANALYSIS
As per overall COT analysis, AUDCHF is SHORT opportunity in Dec2024. BIAS BEARISH for AUDCHF
AUDCHF: SEASONAL ANALYSIS
1. First week of DEC: 2-6 Dec: AUDCHF BEARISH
2. From 2nd to 3rd Week of DEC: 9-13 Dec: AUDCHF SIDEWAYS because two Interest Rate announecments in the same week hence avoid trading in this week.
3. 4th Week of DEC: 23 - 27 Dec, AUD is BULLISH and CHF is BEARISH. Hence BULLISH BIAS for AUDCHF
NEWS EVENTS
1. CHF: CPI: 03-Dec-24 (11:30 AM GMT+4)
2. AUD: GDP q/q: 04-Dec-24 (4:30 AM GMT+4)
3. AUD: Interest Rate News: 10-Dec-24 (7:30 AM GMT+4)
4. CHF: Interest Rate: 12-Dec-24 (12:30 PM GMT+4)
5. AUD: Unemployment Rate: 12-Dec-24 (4:30 AM GMT+4)
FUNDAMENTAL TRADE BIAS CONCLUSION ON AUDCHF - MIXED BEARISH (Rely on Tech Analysis)
1. As per EXOs and LEIs, BEARISH BIAS for AUDCHF
2. As per ENDO and Collectively Fundamentals are BULLISH BIAS for AUDCHF
3. "Summary 3 Score" also giving MIX BIAS indication.
4. Conditionaing Bias: Montly BULLISH BIAS for AUDCHF.
5. COT Analysis: BEARISH BIAS for AUDCHF
6. 1st Week of Dec SEASONALS: BEARISH BIAS for AUDCHF.
FINAL BIAS: MIXED BEARISH because of MIXED Fundamental signals but BEARISH has a higher probabiity as it matches Seasonals as well as EXOs have a higher precedence over ENDOs. Also rely on TECHNICAL ANALYSIS, mapped with key news dates. But for first week till 9th of Dec BEARISH probability is strong.
The Interest Rate Announcements on 10th (AUD) and 12th (CHF) will have a major impact on AUDCHF, if there will be any change in their existing Interest rates.
DAILY TECHNICAL ANALYSIS
TREND: BEARISH to SIDEWAYS as per DOW.
DIVERGENCE: No
Volume Div: No
HEIKIN-ASHI: BEARISH confirmed till Weekly/Monthly support of 0.56140.
PATTERN: Head and shoulder pattern is getting formed and price approaching shoulder level of 0.56140
FIB: N/A
S&R: Strong Weekly/Monthly support of 0.56140 and current price is 0.564. High probability that this support will be tested and then BULLISH reversal could be seen.
EMA: Price Below 200 EMA
ALLIGATOR: Mouth is open supporting strong BEARISH movement.
Scho-RSI: Bellow level 20 and still showing BEARISH momentum.
DAILY TRADE PLAY: Wait for BULLISH REVERSAL Confirmation
BUY STOP: 0.57393, SL: 0.54931,
TP1: 05855 (Around then FIB level 23.60%)
TP2: 0.59123 (Around then FIB level 38.20%)
4H TECHNICAL ANALYSIS
TREND: BEARISH as per DOW.
DIVERGENCE: No
HEIKIN-ASHI: Bearish moemntum confirmed.
FIB: Price could reach the FIB extended level of 23.60 till 0.555.
S&R: Support at 0.56140 is about to be broken and next level for support will be 0.555.
EMA: Price Below 200 EMA
ALLIGATOR: Mouth is open supporting strong BEARISH movement.
Scho-RSI: Already below 20 and side ways. Bullish retracement could be expected.
4H TRADE PLAY: Wait for BULLISH REVERSAL Confirmation
BUY STOP: 0.57393, SL: 0.54931,
TP1: 05855 (Around then FIB level 23.60%)
TP2: 0.59123 (Around then FIB level 38.20%)
1H TECHNICAL ANALYSIS
TREND: Strong BEARISH
DIVERGENCE: No, hence BEARISH moement will continue.
HEIKIN-ASHI: Bearish moemntum confirmed.
FIB: Price could reach the FIB extended level of 23.60% till 0.5564.
S&R: FIB Level of 23.60% at 0.5564 will play as next support, that will be tested.
EMA: Price Below 200 EMA
ALLIGATOR: Mouth is open supporting strong bearish movement.
Scho-RSI: Already below 20 and side ways. Bullish retracement could expected after reaching 0.5564.
1H TRADE PLAY: BEARISH BIAS
Entry: 0.5605, SL: 0.56769,
TP1: 0.5531
TP2: 0.5458
#021 DCA AUDCHF BUY LIMIT INITIAL ENTRYAccidentally chanced upon AUDCHF trade.
I think I should give more attention to the entry time frame as well when scanning for setups.
Currently price is in a range since 26th November 2024, and I am betting on the support level holding.
I have included a link below showing my exact entry for the initial position.
Things might change as time goes by so we shall see.
Currently have SGDJPY Short and AUDCHF positions opened.
0954SGT 04122024
AUDCHF What Next? BUY!
My dear subscribers,
This is my opinion on the AUDCHF next move:
The instrument tests an important psychological level 0.5683
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 0.5722
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
———————————
WISH YOU ALL LUCK
AUDCHF: Time For Correctional Movement 🇦🇺🇨🇭
Looks like AUDUSD is going to start a bullish correctional movement
after a test of a wide daily horizontal demand zone.
My confirmation signal is a bullish breakout of a resistance line
of a symmetrical triangle on an hourly.
Goal - 0.5708
❤️Please, support my work with like, thank you!❤️
AUDCHF Repositioned for a Bearish Movement After Weaker GDP DataAUDCHF Repositioned for a Bearish Movement After Weaker GDP Data
AUDCHF confirmed a bearish flag pattern overnight, driven by unexpected weaker GDP data.
The annual third-quarter GDP expanded by 0.8%, compared with 1.0% growth in Q2, and fell short of the consensus of a 1.1% increase. The quarterly GDP grew 0.3% QoQ in Q3, versus the expected 0.4%.
This bearish momentum on AUD is likely to continue pushing the price down in the coming days.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
AUD_CHF SUPPORT AHEAD|LONG|
✅AUD_CHF is about to retest a key structure level of 0.5660
Which implies a high likelihood of a move up
As some market participants will be taking profit from short positions
While others will find this price level to be good for buying
So as usual we will have a chance to ride the wave of a bullish correction
LONG🚀
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AUDCHF bottoms huge selldown. Smart-Money enters. BUY
I kept looking at this for a long time to see if this was a fake bounce off the bottom.
The so-called smart money gets in first. Think big banks and the mates of these people in the know, good luck to them.
I try to get into a trade at the same time,
BUY break above 0.5737.
BUY NOW ABOVE 0.5737:
Here is the confluence.
AUDCHF - Short after filling the imbalance !!Hello traders!
‼️ This is my perspective on AUDCHF.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I want price to make a retracement to fill the imbalance higher and then to reject from bearish OB.
Like, comment and subscribe to be in touch with my content!
AUDCHF Liquidity Raid - Strategizing My Next Move!👀👉 AUDCHF remains under pressure, as shown on the 4-hour chart. Currently, the 15m timeframe shows a sharp bearish displacement. I’m considering a short entry but holding off for now—waiting to see how price evolves from the London session into the New York open. In this video, we break down market structure, price action, and combine Wyckoff & ICT concepts in a clear and approachable way. 🚨 *Not financial advice. 📉✅
AUD/CHF SHORT FROM RESISTANCE
Hello, Friends!
AUD/CHF is making a bullish rebound on the 7H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 0.569 level.
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TradeCityPro | AUDCHF : Approaching Historic Lows👋 Welcome to TradeCityPro!
In this analysis, I’ll review the AUDCHF pair, currently positioned near its all-time low support, making the possibility of volatile movements high.
📅 Daily Timeframe: End of the Triangle
In the daily timeframe, after a false breakout of the 0.56223 support and subsequent recovery from the 0.55233 level, the price has formed a symmetrical triangle. At the moment, the price is moving in the second half of the triangle.
📈 I usually avoid holding positions near the end of a triangle. For a long position, I prefer to wait for a breakout above the 0.5869 resistance and stabilization above this level.
🔑 If 62.76 on the RSI is broken, bullish momentum is likely to enter the market, increasing the probability of a breakout above 0.5869.
🔽 For a short position, if the triangle breaks to the downside, the first trigger will be at 0.56741, though this is considered risky. The main short trigger would be a break below 0.56223.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
What’s Flowing: AUDCHF BullishThe AUDCHF chart reflects a bullish sentiment in the market, highlighting potential upward momentum. Key observations include:
1. Price Breakout from Consolidation Zone: AUDCHF has recently emerged from a well-defined consolidation range, indicating increasing buyer pressure.
2. Support at Fibonacci Retracement Levels: The price has bounced from a critical retracement level, suggesting strong demand in this area.
3. Moving Averages Trending Upward: Moving average bands align with bullish momentum, further confirming upward pressure.
4. Volume Profile Analysis: Recent price action shows significant buying activity at lower levels, reinforcing the bullish outlook.
5. Target Zone Identified: The next resistance zone lies above, offering traders an opportunity to capture gains in the upward swing.
With bullish indicators aligning, AUDCHF presents a promising setup for traders eyeing long positions. Stay tuned for updates as the market unfolds!
AUD/CHF Weekly Analysis"On Monthly:
Overall is Bearish move towards 0.53400 lowest since 2020.
After a Bearish Engulfing candle last month, it couldn't pull back up to 0.58500.
Mostlikely, it will continue Bearish towards0.56300.
EMA 200, 50 and 20 are all above price.
-- On Weekly:
EMA 200, 50 and 20 are above the price.
It has created Rising Wedge / Correction.
Price was rejected at R. 0.58500 few weeks ago and yet, it has a hard time to breake through S. 0.57200.
--On Daily:
A sort of Double Top is formed and touched 200 EMA twice and got rejected.
It's bouncing on S. 0.57200.
It it breaks the S. 0.57200 and lower trendline and confirmed, then bearish move is set down to 0.56300.
-- On Hourly:
It confirms previous timeframes and complement the overall Bearish preparation consolidation and correction Bullish trend.
All three EMAs, 200, 50 and 20 are squeezing but yet, 200 EMA hasn't been touched or broken.
The Upper trendline of smaller Hourly Rising Wedge has been touched three times and not broken.
It seems it's almost ready to break down.
"
AUDCHF: Will the Pair Break 0.5790 and Target 0.5830?AUD/CHF is currently trading at 0.5745, with a major resistance level at 0.5860 and support at 0.5670. Additionally, there is another resistance at 0.5790 and support at 0.5720. The pair has tested the 0.5830 resistance level twice and dropped but consistently reversed from the 0.5720 support. Currently, at 0.5745, we believe the price is likely to test the 0.5790 resistance again. If it breaks this level, the next target would be the 0.5830 resistance.
AUDCHF MARKET ANALYSIS AND PRICE PREDICTION Based on The Market principle i shared and explain yesterday (PRICE REJECTION, ORDER, RENEGOTIATION AND REORDER PRINCIPLE- PRORARP
The analysis revealed that AUDCHF will be pushed up a little by the mitigated order block . then will reach the premium price for a sell.
The rejection, order, renegotiation, reorder, stop loss and take profit are all well stated on the chat. Good luck!
BUY AUDCHF - explained using a top down approachTrader Tom, a technical analyst with over 15 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button.
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