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 the Aud/CHF symbol?

Note: Low and High figures are for the trading day. This symbol features the Australian Dollar - Swiss Franc cross pair. While less popular than the AUDJPY cross, the AUD/CHF has similar characteristics in that it can be used as a carry trade.

What is AUD currency?

This currency pair is also known as the "Aussie". Together with the New Zealand Dollar and the Canadian Dollar, the AUD is a commodity currency, that is a currency whose country's exports are largely comprised of raw materials (precious metals, oil, agriculture, etc.).

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.