AUD/CHF 1H Chart: Upside potential
The Australian Dollar has been depreciating gradually against the Swiss Franc since the beginning of February. This movement has been bounded in the descending channel.
Thread: Aud/Chf
AUD/CHF 1H Chart: Upside potential
The Australian Dollar has been depreciating gradually against the Swiss Franc since the beginning of February. This movement has been bounded in the descending channel.
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There is a great chance for a bearish trend to be taking place today on the AUDCHF chart and that is according to the price which is currently located on a lower level than the EMA 15 line.
According to the power momentum indicator a high power of the bearish trend is shown and also it can be used as a filter for the entering the sell positions
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Rehan218 (2019-05-14)
Although it has shown an increase in AUDCHF not necessarily alter the downside and current decline should be seen back to 0.7919 low. On the upside, a break above the resistance level of 0.7935 is needed to signal short term bottoming. If not, in the short term will remain bearish in case of recovery.
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Rehan218 (2019-05-14)
the last trading week of the currency pair AUD / CHF continued to increase and rose to the level of resistance in the 0.8250 price, but it is not broke, although judging by the movement of the indicator Stochastic on the weekly chart, it is possible that the pair will continue to rise next week and can rise to resistance level of 0.8420.
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Despite the fact that it has demonstrated an expansion in AUDCHF not really change the drawback and current decay ought to be seen back to 0.7919 low. On the upside, a break over the opposition dimension of 0.7935 is expected to flag present moment bottoming. If not, in the momentary will stay bearish if there should arise an occurrence of recuperation.
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Rahim217 (2019-05-14)
"Hello dear (indian-forex) members of this great community,Today I want to share with you my intraday analysis of AUD/CHF.
AUD/CHF is Strong Buy according to four-hour chart. RSI(14)'s value is (47.393), STOCH(9,6)'s value is (58.943) and STOCHRSI(14)'s value is (100).
Let's have a look at today's Support and Resistance levels:
Pivot Point: 0.6999
Support 1: 0.6991
Support 2: 0.6982
Support 3: 0.6974
Resistance 1: 0.7009
Resistance 2: 0.7016
Resistance 3: 0.7026
According to the current scenario I would like to recommend you to keep an eye on the pivot point and take your trade according to the support and resistance levels of the market and also don’t forget to use the proper money management. Have a great and profitable day ahead!![]()
"
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Unregistered (1)
Aud/Chf
Today Market analysis and trend:sell
Indicators bhi market ke down hony ka bata rahe hain
Resistance and Support points bhi hamain market ke down hony ka ishara de rahe hain isliye hamain sell main trade lagani chahiye
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Ask (2019-05-14)
Market analysis said, trend is sell
Resistances;
R1) 1.1314
R2) 1.1326
R3) 1.1338
Supports;
S1) 1.1290
S1) 1.1278
S3) 1.1266
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Right now the aud/chf rate 0.6990
Today the suitable selling point will be 0.6940
And today the most suitable buying point is 0.7025
Good luck
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Ask (2019-05-14)
. I had laid the groundwork for this setup in the Aussie technical forecast two weeks ago, and with the support zone around 77.50 being taken-out, the door can remain open for a run-down to the 75.00 area on the chart.
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