AUD/CHF chart - Trading View
AUD/CHF has paused 2 straight sessions of downside and was trading at 0.6178 at around 11:25 GMT.
The pair finds strong support zone till 0.6165, decisive break below will see further weakness.
Analysis of GMMA indicator shows major trend is bearish and minor trend has turned bearish.
5-DMA has turned and an 'Inverted Hammer' formed on the previous week's candle adds to the bearish bias.
Stochastics and RSI have rolled over from overbought levels and Parabolic SAR supports weakness.
The pair also confirms 'Death Cross' (bearish 50-SMA crossover on 200-SMA) on hourly charts adding to the bearish bias.
Close below 21-EMA at 0.6165 will see dip till daily cloud. Retrace below cloud will confirm bearish continuation.
On the flipside, retrace above 110-EMA should take the pair higher to test 200-DMA. Breakout at 200-DMA required for upside continuation.


UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close
FxWirePro: GBP/USD recovers some ground but bears are not done yet
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes
FxWirePro: USD/JPY edges higher but bulls lack punch
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
China’s Growth Faces Structural Challenges Amid Doubts Over Data
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 



