MacroParity
Currency valuation & position framework
UPDATED 06 AUG 2026
PRICES · YAHOO FINANCE, EOD
Pair

AUDCHF

TRAP
Short and long horizons disagree. Avoid scaling in.
Price
0.57088
+0.85% this week
Macro side
SHORT
gap 0.125
1Y position
97%
0.507900.57281
10Y position
25.2%
CONFLICT
The entry window stays open while price is above 0.55009. 0.53062 marks where the gap is considered priced in — a natural profit-taking area, not a forecast.
What would change this

Catalysts

The ranking recomputed assuming one central bank moves its rate path. Arithmetic on the inputs, not a forecast of how price reacts.

RBA · next decision 2026-08-11 (5d)

ScenarioNew gapSideEffect
Hikes 50bp0.908LONGDirection flips
Hikes 25bp0.434LONGDirection flips
Holds, tone unchanged0.125SHORTFalls below threshold
Signals a cut0.580SHORTSignal holds
Cuts 50bp0.913SHORTSignal holds

SNB · next decision 2026-09-24 (49d)

ScenarioNew gapSideEffect
Hikes 50bp1.175SHORTSignal holds
Hikes 25bp0.685SHORTSignal holds
Holds, tone unchanged0.125SHORTFalls below threshold
Signals a cut0.317LONGDirection flips
Cuts 50bp0.625LONGDirection flips
Scenarios that would end this setup: RBA hikes 50bp → direction flips; RBA hikes 25bp → direction flips; RBA holds, tone unchanged → falls below threshold; SNB holds, tone unchanged → falls below threshold; SNB signals a cut → direction flips; SNB cuts 50bp → direction flips. Everything else leaves the signal intact, though the gap changes.

Concentration

4 entry-zone pairs share a currency with AUDCHF: GBPAUD, AUDJPY, AUDUSD, EURAUD. Taking several of them is one position expressed multiple times, not diversification.
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