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AUDCHF downtrend may extend further

ijayakumar Posted 10 Gen as Analysis on AUD/CHF, Target: 0.6522, Date: 1 di Marzo, 12:00 GMT  in #Technical analysis #Trendline #Price Action #AUD/CHF #Audchf
Aussie had great bullish run over Canada for last 2 months till end of year 2015. But once 2016 started and Chinese Manufacturing PMI results released, the same old Chinese stock collapse started to shake the whole currency trading. Obviously it will resume the risk off aversion considering more weakness over commodity currency like Australia. In that aspect, please find the chart analysis of AUDCHF as follows,
Monthly chart:
- This pair is in such a steep downtrend and weakness arrives just wh…
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ijayakumar 22 Gen

Even though Trade balance was better from Chinese, the bearish trend continues and GDP was not that good enough to stop the bearish run either. It seems like Fundamentally Chinese and Aussie currency becoming more weaker and it might stay in that way for few more months at least!

ijayakumar avatar
ijayakumar 29 Gen

As worries of Chinese fundamental still affects the investors, the bearish trend still in place as expected.

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AUDCHF in a swift move and expected to continue

ijayakumar Posted 2 Dic as Analysis on AUD/CHF, Target: 0.7883, Date: 1 di Febbraio, 12:00 GMT  in #Technical analysis #Price Action #Trend Line #AUD/CHF #Audchf
AUDCHF is on a rampage since the Australian employment data fueled by Swiss franc weakness over Euro cutting down its deposit rate. Along with fundamental, please find the technical analysis of this pair as below,
Monthly chart:
- This pair has jumped out of the double bottom swiftly and no pullback has happened and no major weakness seen so far
- Before the pullback, two consecutive center doji explaining the change in direction of the trend and it has been a strong reverse trend since then an…
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AUDCHF expected to trade in a parallel range

ijayakumar Posted 9 Nov as Analysis on AUD/CHF, Target: 0.7282, Date: 1 di Gennaio, 12:00 GMT  in #Technical analysis #AUD/CHF
Swiss has made several measures to devaluate it's currency, as it's overrated and hence we may see other currencies taking over on Swiss franc in bull run. Please find my analysis on Weekly and Daily charts,
Weekly chart:
 - This pair is trendless now and I am expecting it to form a range trading as the recent downward move is rejected by a Doji.
- As shown in the diagram, I am expecting this pair to trade above 0.68 range and towards upside.
- We may see a sudden upside spike also, but Swiss fr…
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19 Commenti
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mcquak avatar
mcquak 2 Gen

Nicely described, thank you!

Rita1808 avatar
Rita1808 3 Gen

Good work!

Natali_Niyazova avatar
Natali_Niyazova 4 Gen

well done!

Mariia avatar
Mariia 5 Gen

good job!something new for me

BeautybyLesya avatar
BeautybyLesya 21 Gen

well done!

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