Aud/Chf

The daily opening in the AUDCHF was lower than yesterday which allows us to mention the down trend that happened yesterday.
Due to the data shown on the chart the final arrow signal was a green up arrow below the price that indicates a bullish signal for the short term trading.
I think that the last opening at 0.8225 should be used as a take profit as it acts as a strong resistance which the price may face a difficulty to break it up At the last using a trade system is the best solution to enter trades after that you need to wait to see a clear blue line on the check indicator also the trader indicator must be green so that you can be assured that there is a bullish trend before you open buy positions that we need.
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analysis for today 12 / 3 / 2014
AUD/CHF (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.8181
Retracement (50%) 0.8190
retracement (61,8%) 0.8199

Extensions (61.8%) 0.8107
Extensions (100.0%) 0.8079
Extensions (138.2%) 0.8051
Extensions (161.8%) 0.8033
calculation based on a Fibonacci retracement then today I choose sell

I think that we can put a sell limit order at the resistance level at 0.8244 with take profit at 0.8175.
http://i.imgur.com/vRVVjep.png

Since the price is below the EMA indicator signal on the AUDCHF chart i do think that the price would be forming a bearish trend for the rest of the day.
The RSI indicator however shows a sell trend for the rest of the day.
The RSI indicator however shows a below the 35 line.
For more confirmation i believe that the green lines which are going down would tell us that the bears are the ones controlling the market at the moment and it would be wise to take that into consideration.
Summing all that up the bears would be a really good choice for us to follow but that of course until we face an opposite buy signal to get out of the trade that of course when the price becomes located over the wave in the EMA indicator .
http://bigimage.cz/photos/20141204141767413154425.gif

As you can see on the AUDCHF chart in front of us the blue line’s position in the moment indicator is below the red line which means a good selling signal should be occurring .
Also the red color shown in the oracle strength indicator means that a downwards direction signal is going to take place.
The oracle direction indicator could serve as a filtering tool with the red colors shown on the arrows meaning that a downward signal would be taking place in short term trades.
Summing all that up in my opinion I do think that the trend would be taking a downward direction but that can only happen if the moment sell cross was taking place on the chart And as long as the ATR indicator keeps showing selling signals then without doubt the sell trades would be a better choice for entry.
http://bigimage.cz/photos/20141204141767454945083.gif

The price hits the lower level of donchin channel on the AUDCHF chart to perform a probably of bullish trend start by today.
As you can see the price is actually moving at bullish trend because of the up channel for today About the Awesome oscillator there are a bearish sign by having a red colored bars located below the 0 th level.
A quick look to the stostatic can inform you by a sell signal as the price near the level of 20 and there is a bearish cross between the two lines As a result of the previous signals.
I can bet on the bullish side by taking a buy trades wishing that the price reach the high edge of Donchin level which can be used as a good area for closing buy trades in profit.
http://bigimage.cz/photos/20141204141767441584477.gif

On the AUDCHF 1H chart a strong bearish trend is taking place now as the Blade oscillator located at 0.0023 level below the level of balance also the indicator is red that is a strong indication of bearish direction.
On the chart we can see the slope of the moving average is moving down and we can consider the last top which drawn by it at 0.8192 is a stop loss in case we need it in sell orders and it is advised by the signal of the indicators.
http://bigimage.cz/photos/20141204141767574136935.gif

As you can see on the AUDCHF pair there are a bearish intersection between EMA 9 and EMA 152 which can be a good signal for a starting of bearish trend.
About the Histogram indicator there is a sell signal shown on it by getting the red line which is come below the 0 level of Histogram.
Now checking the market emotions indicator can indicate a bearish signal by showing the red color which mean that the price have a negative emotions at this moment.
The line of Guru Angel indicator is clearly moving above the level 0 to show a green line which can be considered as a support for the bullish direction.
Going south is my favorite guess for the current day to reach the next support below the price which can be found at 0.8123 then according to that sell orders is now recommended over buying as long as there is no opposite signals is shown http://bigimage.cz/photos/20141204141767564108603.gif

The first thing that I can see on the AUDCHF chart is the selling signal because the red arrow that you see from the EMA cross over indicator as the red line comes below the blue EMA which is a good sell indication.
The slopes of the QQE indicator moves below the fifty level and also it have a sell cross between the lines.
For my own trades I'm thinking about sell the pair and target the support that the price should reach at 0.8235 and I will not use any stop loss but I will close it if I got a buy cross and then an opposite arrow from EMA crossover indicator .
http://bigimage.cz/photos/20141204141767597196556.gif

Monitoring the AUDCHF chart today I realized that a bearish trend is taking place and that’s because of the red arrow shown on the chart also the price 0.8225 which is considered a top is a matter of fact the strong resistance preventing the price from penetrating it and heading above it and that is of course if the trend kept heading strongly in the bearish direction.
The parabolic sar dots however is currently appearing above the candle sticks meaning the price would be heading down for quite some time.
If we are to be taking selling trades as the main trades then the support found at 0.8165 would be the best as initial taking profit position and also there is a great chance for the price to head north after reaching it.
http://bigimage.cz/photos/20141204141767805106837.gif