We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

Free Trading Guides
EUR/USD
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
GBP/USD
Bearish
USD/JPY
Bullish
Gold
Bearish
Oil - US Crude
Bullish
Bitcoin
Mixed
More View more
Real Time News
  • SNP is feeling pretty good tonight. #indyref2 is coming. Just a matter of when. #indyref2020? #Brexit #UKElection #UKelection2019 https://t.co/WYmQK84Mfd
  • RT @IGSquawk: Jo Swinson loses her seat to the SNP by 149 votes. #UKElection
  • RT @bbclaurak: Separately SNP sources believe they have beaten Jo Swinson - tonight may have claimed Lib Dem Leader, DUP Westmin leader, an…
  • Get your $GBP reaction to the latest #GE2019 results. Join our live coverage with @JMcQueenFX to follow the release and its impact live today at 11:30PM EST/ 4:30GMT: https://t.co/8rzLPMJ6tE #UKElection https://t.co/h7cLIuOJ2O
  • Commodities Update: As of 03:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.53% Gold: -0.12% Silver: -0.16% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/cRuZTQ2amT
  • My trading video amid all this volatility: 'S&P 500 and Risk Trends Next Steps After #TradeWar, #Brexit Developments' https://www.dailyfx.com/forex/video/daily_news_report/2019/12/13/SP-500-and-Risk-Trends-Next-Steps-After-Trade-Wars-Brexit-Developments.html?CHID=9&QPID=917719
  • Jeremy Corbyn steps down as Labour leader $GBP
  • Things are going well it seems! https://t.co/cqUQ8Df9Dp
  • deal or no deal https://t.co/pFTqOQy83W
  • - #NZDCHF technical are cues showing signs of topping - Pair still faces uphill battle as it approaches resistance - #AUDCHF getting increasingly closer to key cross section https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/euro_open/2019/12/13/Swiss-Franc-Technical-Analysis-AUDCHF-NZDCHF.html
AUD/CHF

AUD/CHF

2010-03-10 14:38:00
Thomas Long, Course Instructor
Share:

What this pair has in common with the strong downtrends noted in the EUR/AUD and the GBP/AUD is a strong AUD. This was the theme in 2009 and continues into 2010. What these pairs also have in common is that they are showing weak European currencies. The EUR, GBP and the CHF have all been weak since the beginning of 2010, particularly the EUR and the GBP. One rule of trading is that nothing changes until it can be confirmed as having changed. So in addition to looking for sells in the EUR/AUD and the GBP/AUD, I would continue to look for buying opportunities in the AUD/CHF as long as it remains above the .95439 low noted on the chart.

audchf 031010

 

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES

News & Analysis at your fingertips.