AUD/CHF Up 3 Pips in Last 4 Hours, 3 Day Up Streak Ended; in a Downtrend Over Past 30 Days

AUD/CHF 4 Hour Price Update

Updated March 26, 2020 05:16 AM GMT (01:16 AM EST)

After 4 down four-hour candles, AUD/CHF snaps its streak, rising 3 pips (0.05%) over the past four-hour candle to close at an exchange rate of 0.5764. Out of the 40 instruments in the Forex asset class, AUD/CHF ended up ranking 22nd for the four-hour candle in terms of price change.

AUD/CHF End of Day Recap

Updated 00:30 GMT (04:30 EST)

A moment of silence, please, for the end of AUD/CHF’s 3 day up streak; price ended the previous day down 92 pips (-1.57%) to finish the day at a rate of 0.576. Out of the 40 instruments in the Forex asset class, AUD/CHF ended up ranking 35th for the day in terms of price change. Here is a price chart of AUD/CHF.

AUD/CHF Technical Analysis

Volatility for AUD/CHF has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving down. Or to simplify this another way, note that out of the past 14 days AUD/CHF’s price has gone down 8 them.

The View From Around the Web

Not much in terms quality buy/sell signals we’re seeing for AUDCHF; just 2 sell signals and 0 buy signals. This imputes a buy/sell ratio of 0, which is quite bearish. Here’s a piece we found on tradingview.com that we thought you might enjoy.