Tag: AUDCHF Analysis

3 pairs I’ll monitor this week

I’m curious about the currency pairs that you are monitoring this week…

I know most of you like to trade the majors, but I don’t see a clear condition on any of them.

These are 3 pairs I’ll monitor this week (at least at the beginning of the week):

GBPAUD – As I wrote last week, this one is probably the clearest of them all, take a look at the daily chart, it was clearly bounced from the main support level. I’ll be looking for long opportunities.

AUDCHF Analysis, CADJPY Analysis, forex, GBPAUD Analysis

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Long signal in the AUDCHF

If you don’t trade the AUDCHF please take a closer look today.

In the long term charts you’ll see a very clear bullish condition, therefore only long opportunities should be in play.

Now, take a look to the short term charts:

It is trading in a very clear range, and it looks like it is being rejected from an important support level. So both, short term and long term charts agree, which makes this cross a good candidate to trade.

AUDCHF Analysis, forex

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If you don’t trade the AUDCHF… you should (at least this week)

Hope you had a great weekend!

Before I show you why you should focus on the AUDCHF, these are some of the fundamentals I’ll keep an eye on this week:

CB Consumer confidence

FOMC Statement

GBP Interest rate (plus rate statement)
EUR interest rate (plus ECB press conference)

Non-farm payrolls report

AUDCHF Analysis, fundamental announcements

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