empty
27.06.2024 07:59 AM
Technical Analysis of Intraday Price Movement of AUD/CHF Cross Currency Pairs, Thursday June 27 2024.

This image is no longer relevant

On the 4-hour chart, the AUD/CHF cross currency pair shows that the 20 EMA is above the 50 EMA, which indicates that market conditions are strengthening, especially with the appearance of hidden deviations between its price movements and the Stochastic Oscillator indicator, confirming that in the near future AUD/CHF has the potential to appreciates stronger where the level of 0.5982 has the potential to be tested where if this level is successfully broken upwards then there is the potential for AUD/CHF to continue strengthening up to the level of 0.5995 as the main target and if the momentum and volatility support then the level of 0.6019 will be the next target to be aimed at but all scenarios This strengthening could become invalid and cancel itself if on its way to the target levels that have been outlined, AUD/CHF suddenly experiences a significant weakening correction, especially if it succeeds in breaking below the level 0.5886.

(Disclaimer)

Summary
Urgency
Analytic
Arief Makmur
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Trading Signals for GOLD (XAU/USD) for August 4-7, 2025: sell below $3,385 (21 SMA - 6/8 Murray)

In the coming hours, we can sell gold below 3,385 with a target at the 6/8 Murray level at 3,359. If gold breaks below this area, we could resume short

Dimitrios Zappas 17:39 2025-08-04 UTC+2

Trading Signals for BITCOIN (BTC/USD) for August 4-7, 2025: sell below $115,625 or buy above $114,086 (200 EMA - 21 SMA)

If Bitcoin resumes its bearish cycle, we could expect it to fall below $114,000. Then, it could reach the 4/8 Murray line and 112,500, and even fall to the bottom

Dimitrios Zappas 17:22 2025-08-04 UTC+2

Trading Signals for EUR/USD for August 4-7, 2025: sell below 1.1602 (200 EMA - 7/8 Murray)

Early in the American session, the euro is trading around 1.1580, below the 200 EMA and with a strong technical rebound. After the sharp drop due to the US Non-Farm

Dimitrios Zappas 17:20 2025-08-04 UTC+2

Technical Analysis for August 2025 – GBP/USD

In July, the pair moved downward and nearly tested the 8-period EMA at 1.3164 (thin blue line), closing the monthly candle at 1.3203. In August, an upward price movement

Stefan Doll 12:03 2025-08-04 UTC+2

Technical Analysis for August 2025 – EUR/USD

In July, the pair moved downward, broke through the 23.6% retracement level at 1.1438 (yellow dashed line), and closed the monthly candle at 1.1414. In August, an upward price movement

Stefan Doll 12:00 2025-08-04 UTC+2

Forecast for EUR/USD on August 4, 2025

On Friday, the EUR/USD pair reversed near the 161.8% corrective level at 1.1416, turning in favor of the euro and surging sharply. The consolidation above the 100.0% Fibonacci level

Samir Klishi 11:49 2025-08-04 UTC+2

GBP/USD – August 4th: Will the Pound Benefit from the Dollar's Setback?

On the hourly chart, the GBP/USD pair reversed in favor of the British pound on Friday and consolidated above the 127.2% Fibonacci level at 1.3258. Thus, on Monday, the upward

Samir Klishi 11:46 2025-08-04 UTC+2

GBP/USD. Technical Analysis for the Week of August 4–9

Last week, the pair moved downward and tested the 38.2% retracement level at 1.3141 (red dashed line), after which the price moved upward and closed the weekly candle at 1.3278

Stefan Doll 11:38 2025-08-04 UTC+2

EUR/USD. Technical analysis for the week of August 4-9

Last week, the pair moved downward and nearly tested the 61.8% retracement level at 1.1378 (red dotted line), before reversing upward and closing the weekly candle at 1.1586

Stefan Doll 10:38 2025-08-04 UTC+2

GBP/USD. Indicator Analysis and Daily Review on August 4, 2025

On Friday, the pair moved downward, testing support at 1.3148 (blue dotted line), then rose on news releases and closed the daily candle at 1.3278. Today, the price is expected

Stefan Doll 10:28 2025-08-04 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.