News & Analysis at your fingertips.

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. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
Wall Street
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
More View more
Real Time News
  • Trading bias allows traders to make informative decisions when dealing in the market. This relates to both novice and experienced traders alike. Start learning how you may be able to make more informed decisions here:
  • GBP/USD’s consolidation could end soon if price breaks out of a symmetrical triangle in play since July. At this time, a downside breakout is likely following the appearance of a death cross. Get your weekly $GBP forecast from @DColmanFX here:
  • Greed is a natural human emotion that affects individuals to varying degrees. Unfortunately, when viewed in the context of trading, greed has proven to be a hindrance more often than it has assisted traders. Learn how to control greed in trading here:
  • The Federal Reserve rate decision is likely to sway the near-term outlook for the price of gold as the central bank appears to be on track to scale back monetary support. Get your weekly gold forecast from @DavidJSong here:
  • Forex liquidity makes it easy for traders to sell and buy currencies without delay, and also creates tight spreads for favorable quotes. Low costs and large scope to various markets make it the most frequently traded market in the world. Learn more here:
  • Forex quotes reflect the price of different currencies at any point in time. Since a trader’s profit or loss is determined by movements in price, it is essential to develop a sound understanding of how to read currency pairs. Learn how to read quotes here:
  • A currency carry trade involves borrowing a low-yielding currency in order to buy a higher yielding currency in an attempt to profit from the interest rate differential. Find out if the carry trade suits your trading style here:
  • Get your snapshot update of the of top level exchanges and key index performance from around the globe here:
  • RT @FxWestwater: Japanese Yen Forecast: JPY Crosses Eye BoJ, CPI as Haven Flows Bolster Yen Strength Link: https:/…
  • Traders utilize varying time frames to speculate in the forex market. The two most common are long- and short-term-time frames which transmits through to trend and trigger charts. Learn more about time-frame analysis here:
Swiss Franc Technical Analysis: AUD/CHF, NZD/CHF

Swiss Franc Technical Analysis: AUD/CHF, NZD/CHF

Dimitri Zabelin, Analyst

Australian Dollar, New Zealand Dollar, Swiss Franc, NZD/CHF, AUD/CHF – TALKING POINTS

  • NZD/CHF technical are cues showing signs of topping
  • Pair still faces uphill battle as it approaches resistance
  • AUD/CHF getting increasingly closer to key cross section

NZD/CHF Hints at Topping: Reversal Ahead?

NZD/CHF has enjoyed an over-three percent rise following its ascension from the mid-November uptrend (red parallel channel). However, negative RSI divergence shows upside momentum is ebbing and a downside breakout may be in the cards. If the pair drops below rising support with follow-through, it may lead to NZD/CHF testing the 0.6386-0.6405 support zone.

NZD/CHF – Daily Chart

Chart showing NZD/CHF

NZD/CHF chart created using TradingView

Clearing that area would open the door to re-testing 0.62080 which would essentially wipe out the latter half of last month’s gains and progress it made heading into December. This is also the area where selling pressure may lighten up as buyers swoop in to lock in what could be a swing-low.

NZD/CHF – Weekly Chart

Chart showing NZD/CHF

NZD/CHF chart created using TradingView

Looking at a weekly chart shows that a short-term correction would likely reinforce the longer-term bearish bias if it forces the pair to retreat before making a fourth attempt at re-testing descending resistance. The 4-year ceiling has been able to stave off NZD/CHF from recovering after it plummeted over 30 percent in January of 2015 when the Swiss National Bank un-pegged the EUR/CJF exchange rate from the 1.20 level and caused the Franc to surge.

AUD/CHF Outlook

AUD/CHF is approaching a critical juncture where the gap between the August uptrend and May descending resistance channel is converging. A breakout in either direction could catalyze a recovery or selloff and could reveal a lot about what the collective outlook is on the pair’s short-term trajectory.

AUD/CHFDaily Chart

Chart showing AUD/CHF

AUD/CHF chart created using TradingView

A weekly chart shows a gloomier picture for AUD/CHF bulls. The pair only recently bounced back from its four-year low and is now looking to challenge a formidable descending resistance channel. Failure to clear it may lead discouraged bulls to offset their positions while short sellers may start flocking in.

AUD/CHF – Weekly Chart

Chart showing AUD/CHF

AUD/CHF chart created using TradingView


--- Written by Dimitri Zabelin, Jr Currency Analyst for

To contact Dimitri, use the comments section below or @ZabelinDimitrion Twitter

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