AUDCHF - Wait For it!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈AUDCHF has been overall bearish trading within the flat falling broadening wedge pattern marked in red.
Moreover, the green zone is a supply.
🏹 Thus, the highlighted red circle is a strong area to look for
About Australian Dollar / Swiss Franc
The Australian Dollar vs. the Swiss Franc pair is usually used as a carry trade. Swiss Franc is considered as a safe currency during unstable economic times and the Australian Dollar is a more responsive one to global economic conditions. AUD CHF pair is often used as a measuring stick for the global economic performance.
Related currencies
AUD CHF long ideaWith the markets Middle East and tariff concerns put to one side for time being, a risk on trade currently seems viable. The positive mood is backed up by FED board members turning dovish.
This could be classed as either a 'risk on' or '4hr support and resistance' trade simply a 'risk on' trade.
AUDCHF BEARISH SETUPThe AUD/CHF 4-hour chart is presenting a classic Head & Shoulders pattern within a well-defined bearish descending channel, signaling a likely continuation to the downside if neckline support fails.
Key Observations:
Bearish Channel in Play: The broader trend remains bearish, with price action resp
AUDCHF Technical Analysis! BUY!
My dear friends,
Please, find my technical outlook for AUDCHF below:
The instrument tests an important psychological level 0.5278
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The value of the AUDCHF pair is quoted as 1 AUD per x CHF. For example, if the pair is trading at 1.50, it means it takes 1.5 CHF to buy 1 AUD.
AUDCHF is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade AUDCHF right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.