CHFAUD trade ideas
AUDCHF Technical Analysis and Trade Idea👀👉 The AUDCHF has broken structure to the downside on the 1D/4H tiime frameS. I anticipate this may continue down to target previous lows as marked up on the chart. My plan is to wait for a retrace on Monday and look for price two rotate and give me an entry short.
It's essential to understand that these insights are speculative and not guaranteed predictions. Confirming specific price actions before entering any trades is crucial, as emphasised in the video. The analysis offers an in-depth look at the current trend, market structure, and price behaviour. Remember, this content is for educational purposes and does not guarantee success. Trading involves significant risks, so always implement strong risk management strategies. 📈✅
Lingrid | AUDCHF: Potential CHANNEL breakout FX:AUDCHF is currently consolidating after breaking and closing below the psychological level of 0.5700. The overall trend remains bearish, and the market has recently bounced off the resistance zone. Looking at the daily chart, we can observe a sell-off followed by a pullback to the 61.8% Fibonacci retracement level. The price has consolidated around this psychological level before moving lower, breaking through last week's lows. I believe the market is poised to break through the channel's border, which could indicate a continuation of bearish momentum. My goal is support level 0.56400
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
AUD/CHF Testing Strong Support at 0.56750 with Bearish OutlookThe AUD/CHF chart shows a strong bearish trend, with the price having retested the 0.56750 support level twice. Despite this support, the downtrend indicates that the pair may break below this level. The expectation is for the price to move further down toward 0.56472 if the support is breached. This support level has held previously, but current momentum suggests a potential breakdown, aligning with the bearish trend.
AUDCHF: Potential Short Position Considering a potential short position on AUDCHF if a bearish pinbar forms on the H4 chart. The plan is to use a STOP order on the H1 chart to enter the trade, allowing us to ride the trend lower if it continues, while avoiding execution if the trend doesn't persist.
I still anticipate an uptrend for AUDCHF on the larger time frame, so a shift to a buy position will be considered later. This short position is intended for a short to medium-term period only.
AUDCHF: Strong Support Near 0.5675 Despite RBA CommentsAUDCHF: Strong Support Near 0.5675 Despite RBA Comments
AUDCHF tested a strong support zone near 0.5675 for the second time following comments from the RBA earlier today. RBA’s Bullock stated the need to see results on inflation before considering rate cuts.
The RBA’s stance did not push the price below the support zone. The market appears to be interpreting these comments bullishly, as the RBA shows caution before making any decisions.
However, this is only a short-term trade. Immediate resistance is near 0.5720, and a move above this level could push the price further to the next resistance zone at 0.5760, with potential to reach 0.5780.
You may find more details in the chart!
Thank you and Good Luck!
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AUDCHF - Multi Time frame analysis and ConfluencesAUDCHF trade plan is developed by doing analysis on multiple time frames and few other confluences.
Multiple Time Frame Analysis:
The pair is in downward trend on weekly chart making a Bullish reversal harmonic pattern (ABCD) with AB = 0.618 and CD = 1.618. On daily time frame, the trend is sideways, oscillating between a resistance and support level (drawn with reference to the weekly chart). It has breached the support level and retraced to 0.618 level of Fib which acted a resistance level and trend bounced back. Switching to 4H chart, it has breached a daily support level and by using Fib I have placed Sell Limit order.
Confluences:
Why Sell Limit pending order? because the AXY is bullish and SXY is bearish. SMA 10, 20 and 50 are above the price action acting as a resistance. Last but not the least, it is in downward trend following the ABCD of the Weekly chart with SL at point B.
The Signal is:
EP: 0.57172
SL: 0.57958
TP: 0.56390
AUDCHF: Bullish Outlook Explained 🇦🇺🇨🇭
A price action on AUDCHF looks very similar to AUDUSD.
The price tested a daily demand zone and formed multiple bullish confirmations
on an hourly time frame.
The price broke a resistance line of a falling parallel channel and
a neckline of an ascending triangle formation.
We can expect a bullish continuation to 0.57287
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Market Insights: Why AUDCHF is Poised for a Bearish MoveThe Australian Dollar to Swiss Franc (AUDCHF) pair is showing bearish potential in the current market environment. Several key fundamentals support this outlook:
Global Economic Slowdown
China's Economic Challenges
Safe-Haven Demand for Swiss Franc
Australian Dollar Vulnerability
Given these factors, I'm maintaining a bearish bias on AUDCHF. To capitalize on this outlook, I'll be utilizing probability-based strategies to enter short positions.
12M:
6M:
1D:
6H:
AUDCHF - Swing Short IdeaIn Monday (start of the new week) price swept previous week high liquidity (orange line) and show willingness to go lower by breaking the 4H structure.
So the following week I would expect to see price trades lower, potentially even to opposing liquidity pool like previous week low (orange line)
Thanks you and have a nice trading week! LFG!
AUDCHF A Fall Expected! SELL!
My dear subscribers,
My technical analysis for AUDCHF is below:
The price is coiling around a solid key level - 0.5778
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.5741
My Stop Loss - 0.5798
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
audchf sell signal. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Australian Dollar / Swiss Franc | Chart & Forecast SummaryKey Indicators on Trade Set Up in General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Active Sessions on Relevant Range & Elemented Probabilities;
* Asian(Ranging) - London(Upwards) - NYC(Downwards)
* Weekend Crypto Session
Trend | Time Frame Conductive | Daily Time Frame
- General Trend
- Measurement on Session
* Support & Resistance
* Trade Area | Focus & Motion Ahead
# Position & Risk Reward | 1 Hour Time Frame
- Measurement on Session
* Retracement | 0.5 & 0.618
* Extension | 0.88 & 1
Conclusion | Trade Plan Execution & Risk Management on Demand;
Overall Consensus | Buy