CHFAUD trade ideas
SELL AUDCHF for downtrend continuation STOP LOSS : 0.59433SELL AUDCHF for downtrend continuation
STOP LOSS : 0.59433
There is a strong trend on the daily time frame and all that have happened in the past days was just consolidation ( or trend pull back before continuation) .....
The daily time frame is showing strength continuation from this level of support and resistance so we are looking for the trend to push forward from here .....
TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything
Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here
AUD/CHF Trade SignalDear Traders,
We have identified a promising trading opportunity for the AUD/CHF currency pair based on our advanced analysis with the EASY Quantum AI strategy.
Direction: Buy
Enter Price: 0.588
Take Profit: 0.58945667
Stop Loss: 0.58667667
Our decision to suggest a Buy position for AUD/CHF is supported by multiple factors:
1. Technical Indicators: Recent technical analysis indicates a bullish trend. Key indicators such as moving averages and RSI are showing upward momentum, suggesting that there is strength behind this move.
2. Economic Data: Recent economic data from Australia has been positive, including robust employment reports and favorable trade balance figures, which have strengthened the AUD.
3. Market Sentiment: Current market sentiment reveals increased investor confidence in the AUD, considering the global economic outlook and Australia's economic resilience.
4. Geopolitical Factors: Geopolitical stability in Australia compared to Switzerland's recent challenges also adds pressure for CHF depreciation against AUD.
Remember to always manage your risk appropriately. Adjust your position sizes according to your risk management plan and adhere to the Stop Loss level provided.
Happy Trading!
AUD/CHF For Bearish after finish pull-back wavewait for creating lower high and red arrow or area between fibo levels (50:61)
- General Trend is Down , price walk inside down channel
- Current wave is pull-back for correction
- if price break current support at green arrow then you can go short
have fun ;)
EUR/AUD Long and AUD/CHF ShortEUR/AUD Long
Minimum entry requirements:
• 1H impulse up above area of interest.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, risk entry within it or reduced risk entry on the break of it.
AUD/CHF Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
Lingrid | AUDCHF trend CONTINUATION trade. ShortThe price perfectly fulfilled my last idea. It hit the target. FX:AUDCHF is currently trading within a downward channel, with the price forming lower lows and lower closes. A bullish divergence has emerged at the support level, suggesting that the market may be poised for a correction against the dominant trend. This means we can expect a move upwards, but one that will ultimately be rejected by the resistance zone and the downward trendline. After this rejection, I anticipate the market will continue its bearish momentum. My expectation is that the market will fake out above the resistance zone to take liquidity, then resume its downward trend. My goal is the support level at 0.58765
Traders, if you like this idea or have your own opinion on this matter, write in the comments. I will be glad 👩💻
Short AUDCHF Idea based on Classical chart patterns on a short time frame(4H chart).
abbreviations:
M/W/D/H = Month/Week/Day/Hour
TL: Trendline
DT: Double Top
DTr: Descending Triangle
The chart goes from Monthly(top left)/Weekly(top right)/Daily(bottom left)/4 Hours(bottom right)
1st from the monthly chart you can see the pair in a steady down trend, and maybe one could say that it is sitting at the low ends of the down trend.
zoom into the weekly chart and you see that indeed there was a DTr that took 17W to form indicating a break lower, which never happened. A failure of this pattern led to a move to the target derived from the pattern @0.6055 level. the market now hit the target. And the heat seems to be waning.
in the daily chart, near the 17W DTr failure target the market has now attempted to form patterns indicating topping out of the moves, 8W DT and 4WDT. While the former turned out to be a failed pattern, the former, at least for now, seems like a pattern completion.
all this in mind, the 4H chart now seems to be forming a 1W DB, which could mean that the market is still strong, and the bullish move may continue, or this is a failed attempt to consolidate and the trend turns.
based on the target derived from the 1W DB, the risk return looks more favor for a short AUDCHF, looking for almost 7:1 risk reward trade.
Entry : 0.5938 or above
SL : 0.5953 (-0.25%) / TP: 0.5835(+1.7%)
(as always, not investment advise or prediction)
AUD/CHF LONG FROM SUPPORT
Hello,Friends!
The BB lower band is nearby so AUD/CHF is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 0.595.
✅LIKE AND COMMENT MY IDEAS✅
Trade Signal: Buy AUDCHFDear Traders,
We have identified a potential buying opportunity for the AUDCHF currency pair. Our analysis, powered by the EASY Quantum Ai strategy, suggests a bullish movement. Below are the trade details:
Direction: Buy
Enter Price: 0.5883
Take Profit: 0.59028333
Stop Loss: 0.58623333
Reasoning:
1. Technical Analysis: Recent chart patterns have indicated a strengthening of the Australian Dollar (AUD) against the Swiss Franc (CHF). Key support and resistance levels have been tested and broken, suggesting bullish momentum.
2. Market Sentiment: Current market sentiment shows a higher investor confidence in the AUD compared to the CHF. Factors such as economic data releases and geopolitical stability are favoring this trend.
3. Indicators: Our proprietary indicators, part of the EASY Quantum Ai strategy, have given clear buy signals. Moving averages are showing positive crossovers, and RSI levels are in a favorable range for buying activity.
We recommend entering the trade at 0.5883, with a take profit target of 0.59028333 and a stop loss set at 0.58623333. Always remember to manage your risk and trade within your means.
Stay alert for further updates and happy trading!
Kind regards,
Disclaimer
Please remember that trading in financial markets involves risk. This signal is provided for informational purposes only and does not constitute financial advice. Always conduct your own analysis before making any trading decisions.
GBP/CHF Short, AUD/CHF Short and EUR/USD LongGBP/CHF Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
AUD/CHF Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
EUR/USD Long
Minimum entry requirements:
• 1H impulse up above AOI.
• 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
BofA sees Aussie dollar outperforming Bank of America anticipates diverging monetary policy paths between the Reserve Bank of Australia (RBA) and the Swiss National Bank (SNB) after their respective June meetings, with the RBA seen as one of the last major central banks to cut interest rates.
The Wall Street bank's view was reinforced by robust Australian labor market data, suggesting potential for the RBA to maintain higher rates for longer.
"An unambiguously strong jobs report has further strengthened our conviction in higher-for-longer trades," said Adarsh Sinha, a strategist at Bank of America.
Australian employment jumped by 39,700 in May, beating forecasts of 30,000, driven by full-time hiring as unemployment fell, official data showed.
"We see this as a good entry point for adding higher-for-longer trades, including our recommendation to buy carry-rich AUD/CHF," Sinha added.
Earlier this year, Sinha made similar calls favoring the Australian dollar on expectations the RBA would lag peers in lowering rates.
He cited other factors supporting potential Aussie outperformance in 2024, including a less restrictive RBA policy rate versus other economies, bearish China sentiment subsiding, and Australia's solid fiscal position.
Elias Haddad, senior markets strategist at Brown Brothers Harriman, said he expected the Aussie to gain ground versus the Canadian dollar too, as the RBA is in no rush to cut rates unlike the Bank of Canada.