AUDCHF

(Last Updated January 18, 2021)

Welcome to the news page for AUDCHF (AUDCHF). Below you’ll find our daily market updates. Here’s a technical and fundamental summary of where things currently stand:

Forex Calendar for AUDCHF

metric_name reference_period asset_name asset_id date time forecast outcome
Australia HIA New Home Sales MoM Dec 2020 Australian Dollar AUD 2021-01-19 00:00 GMT
Australia Westpac Consumer Confidence Change Jan 2021 Australian Dollar AUD 2021-01-19 23:30 GMT
Australia Westpac Consumer Confidence Index Jan 2021 Australian Dollar AUD 2021-01-19 23:30 GMT
Australia Part Time Employment Chg Dec 2020 Australian Dollar AUD 2021-01-21 00:30 GMT
Australia Full Time Employment Chg Dec 2020 Australian Dollar AUD 2021-01-21 00:30 GMT

The Trend

On AUDCHF, there is currently an uptrend on the 90, 30 and 14 day timeframes.

AUDCHF Moving Averages

Across several time periods between 20 and 200 days, the trend on AUDCHF has remained consistently bullish.

Below is a chart showing AUDCHF’s price with its moving averages.

In terms of correlations over the past week for AUDCHF, it has demonstrated the strongest correlation with EURNZD. If we zoom out to a two week basis, though, the asset showing the strongest correlation to AUDCHF is EURAUD. On the flip side, the asset least correlated with AUDCHF over the past week has been NZDUSD, but if we observe the prior two weeks, the asset least correlated with AUDCHF has been EURJPY. See the chart below to observe the recent price action in AUDCHF versus those of assets it hasn’t been well correlated with.

.

The View From the Weekly Timeframe

Currently, AUDCHF’s rate is down -10 pips (-0.14%) from the week prior. AUDCHF has seen its price go up 8 out of the past 10 weeks, thus creating some compelling opportunities for bulls. As for the trend on the weekly timeframe, we see the clearest trend on the 20 week timeframe. Price action traders may also wish to note that we see a pin bar candlestick pattern on AUDCHF. Given that we see an uptrend on the 20 and 10 weekly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting. Looking further out, the moving averages on the weekly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The weekly chart below shows AUDCHF’s price action over the past year.

AUDCHF: The Monthly View

Strongest trend on the 60 month timeframe.

+ More