A sell to buy tradeso AUDCHF has been bearish and currently price is retracing back to a orderblock zone and now we are looking for a sell sclaping opportunity to the buy position
CHFAUD trade ideas
AUD CHF: Looks to be a smooth BUY right now
Current price for AUD CHF is sitting right on the anchored VWAP and a bullish cross of 9EMA over the 50EMA on Daily timeframe.
AUDCHF → Bearish Movement Soon?Dear traders,
After monitoring AUDCHF on the daily chart, we found a clear Break & Retest setup that gives us a sign that price might fall down.
If TP1 gets hit, there is a very high chance that price might continue further down to TP2!
What do you think about our setup?
AUDCHF 1H TF Bullish (Dow, Trendline)AUDCHF shows a bullish continuation by making DOW HH's and HL's and following strong rising trendline. Entry is taken at CMP with SL at previous HL and TP at 1:1 R:R.
What do you think, will it hit the TP?
AUDCHF 1DThe price is located between the 0.618 and 0.78 Fibonacci area, also the daily moving average 200 is above the price and there is also a resistance zone in this area that can pull the price down.
AUD/CHF For Bullishyou can go long now
- Price Break High Resistance Level at red arrow
- Price has H4 Gulfing Candle
have fun :)
AUSSIE will be the last to move on interest rates. Buy AUD CHF
Do you ever wish you could make that BIG move in a trade, over maybe a couple of months but for big-bucks.
Timing is everything for these big moves.
They don't make it easy for us retail traders to capitalise on these big moves.
AUD CHF is a very high time frame double bottom right now.
Recommended to scale into with tiny lot size, so you can watch it, and then master how to trade these huge double-bottom systems for the big money in the markets.
AUD is returning to the strength it had through 2023. This is a way to get in at the bottom.
* Trading is risky. Not to be taken as investment advice. For education and illustration purposes.
AUDCHF-SHORTAUDCHF was trading in bullish trend now it seems this pair is about to start a bearish trend so we will take a short entry
AUDCHF 1DThe price has reached a strong resistance level on the daily time frame, and there is a high probability of rejection from this area. Look for an entry point in lower time frames for a Sell trade.
1:2 day trade - AUDCHFAUDCHF is on an uptrend. Formed a bull flag and broke out with an engulfing candle. Going for a 1:2, seems reasonable if price action follows the previous similar bull flag breakout that happened earlier on the 18th. Would be smart to lock in profits at 1:1
WHATS FLOWING!?: EURCAD | EURJPY | GBPCHF | BTCEUROANDA:EURCAD
OANDA:EURJPY
OANDA:GBPCHF
COINBASE:BTCEUR
Today's Episode of What's Flowing: EURCAD, EURJPY, GBPCHF, BTCEUR Trade Ideas
In today's episode, we will be looking at four key trading pairs and their current market movements, providing insights into potential trade setups and market sentiment.
1. EURCAD
Current Price: EURCAD traded at 1.50239, slightly decreasing by 0.04% since the last session. Over the past month, it has lost 0.19% but remains up 5.46% over the last 12 months.
Forecast: Projections suggest EURCAD could decline further, with expected levels at 1.48962 by the end of this quarter and 1.48690 in a year. With a declining trend, this suggests a potential short setup for traders looking to capitalize on continued weakness in the pair.
2. EURJPY
Current Price: EURJPY traded at 160.189, showing a gain of 0.34% in today's session. It’s up 0.70% over the past month and 1.57% over the last year.
Forecast: EURJPY is projected to climb to 161.743 by the end of the quarter and 162.624 within a year. Given its upward momentum, this pair presents a potential long trade opportunity for those looking to take advantage of its positive trajectory.
3. GBPCHF
Current Price: GBPCHF traded at 1.13158, increasing slightly by 0.05% today. The pair has gained 1.26% over the past four weeks and 1.62% over the past year.
Forecast: With forecasts indicating a potential drop to 1.11578 by the end of the quarter and 1.11645 within the year, this pair offers an attractive short opportunity for those looking to ride the predicted downside.
4. BTCEUR
Current Price: Bitcoin is trading at 57,015.7 EUR, rising 0.70% today. Over the past year, BTCEUR has seen a staggering rise of 129.62%, with strong momentum in recent months.
Forecast: BTC is expected to correct slightly to 51,739.8 EUR by the end of this quarter and could drop further to 48,987.6 EUR in one year. This indicates a potential profit-taking opportunity or a short-term pullback setup for those cautious about BTC’s extended rally.
Audchf Audchf is on a down trend on de weekly and daily time frame so we are expecting a break and retest on a 4hr den we sell
Bearish drop?AUD/CHF has reacted off the pivot which is a pullback resistance and could potentially drop to the 38.2% Fibonacci support.
Pivot: 0.58170
1st Support: 0.57334
1st Resistance: 0.58694
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Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
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AUDCHF: RBA and SNB Can Send Pair even higherIn this article, I will take a closer look at AUD/CHF, and the reason for focusing on this pair is the potential divergence between the RBA and the SNB, which could push the pair even higher. The RBA is expected to hold rates at 4.35%, as inflation slightly increased year-on-year to 3.8% in the second quarter, up from 3.6% in the first quarter. On the other hand, the Swiss National Bank (SNB) may once again cut rates, which could help keep AUD/CHF in an uptrend.
Looking at the wave structure, we have seen a very nice ABC setback down to 0.5605, which ended in mid-September. Ideally, we are now in a new impulsive phase. However, for this current leg up to be completed, we need to see five waves up, and based on the subdivisions, that is not the case yet. In fact, a wave four correction could appear in the next few days, presenting an opportunity to join the uptrend. Support can be found around the 0.5780 area, which also aligns with the previous wave B swing area.
The price should not fall below 0.5729, otherwise the wave count will become invalid.
AUD_CHF MOVE DOWN AHEAD|SHORT|
✅AUD_CHF has been growing recently
And the pair seems locally overbought
So as the pair is approaching a horizontal resistance of 0.5815
Price decline is to be expected
SHORT🔥
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WYCKOFF ON AUDCHF FRIDAY 20/09/24Wyckoff reaccumulation on AUDCHF on just friday where I took a 4.7R profits. Study, watch and learn.
Lingrid | AUDCHF channel Breaking. Potential LongThe price perfectly fulfilled my last idea. It hit the target. FX:AUDCHF has broken and closed above the downward channel. On the weekly timeframe, a long-tailed bar has formed, indicating a strong bounce off the support level. The market has consistently respected the 0.5600 psychological level, having bounced off it multiple times. Given the bullish momentum gained this week, I expect the market to continue moving higher. This could signify a potential reversal or continuation of the upward trend, especially if the market maintains its strength above the support level. My target is resistance zone at 0.58400
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
AUDCHF Potential UpsidesHey Traders, in today's trading session we are monitoring AUDCHF for a buying opportunity around 0.57500 zone, AUDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.57500 support and resistance area.
Trade safe, Joe.
AUDCHF Will Go Lower From Resistance! Sell!
Here is our detailed technical review for AUDCHF.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 0.577.
Considering the today's price action, probabilities will be high to see a movement to 0.575.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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AUD/CHF BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
It makes sense for us to go short on AUD/CHF right now from the resistance line above with the target of 0.569 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.
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AUD-CHF Bearish Bias! Sell!
Hello,Traders!
AUD-CHF keeps growing
But the pair will soon hit
A horizontal resistance
Of 0.5825 from where
The pair is likely to
Make a local correction
Sell!
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Check out other forecasts below too!
AUDCHF Up SwingPrice got rejected at the Fibs 100% & SZ as anticipated yesterday but I did not position myself as a seller simply because I am on a bullish bias for AUDCHF. I am hoping for it to retrace 50% before I zoom into the M15 timeframe to find an entry opportunity.
However, based on my observations, the rejection at the Fibs 100% and SZ seems weak, as it did not create any major ERCs or big candles for that matter. This further affirms my bullish bias on this pair. The momentum for it to retrace deeper could be diminished meaning price may continue its move upwards from this point forth.
I am set to enter at either points so long as there’s an entry setup on M15.
