What is AUD/USD (Australian dollar - US dollar)?

Note: Low and High figures are for the trading day. AUD/USD (Australian Dollar - US Dollar) is one of the most frequently-traded currency pairs in the world. The AUD/USD rate, as shown in the real-time price chart, tells traders how many US Dollars are needed to buy a single Australian Dollar.

Why is the Aud a gross measure of market activity?

It is a gross measure of market activity because it indicates the pace at which a country's economy is growing or decreasing. Generally speaking, a high reading or a better than expected number is seen as positive for the AUD, while a low reading is negative.

What is audchf long?

AUD CHF pair is often used as a measuring stick for the global economic performance. AUDCHF LONG Initiated a long position on AUDCHF, aligning with the trend from the daily support zone. The daily candle's robust reaction signals a strong potential for reversal.

Is AUD/CHF channeling down?

AUD/CHF Weekly Analysis This pair is nicely channeling down. 0- Monthly shows Overall is Bearish.