USD/CHF

The USD/CHF is the currency pair encompassing the dollar of the United States of America (symbol $, code USD), and the Swiss franc of Switzerland (code CHF). The pair’s exchange rate indicates how many Swiss francs are needed in order to purchase one US dollar. For example, when the USD/CHF is trading at 1.2500, it means 1 US dollar is equivalent to 1.25 Swiss francs. The US Dollar (USD) is the world’s most traded currency, whilst the Swiss franc (CHF) is the world’s sixth most traded currency, resulting in a very liquid pair, with tight spreads, often staying within the 0 pip to 2 pip spread range on most forex brokers. Even though the Swiss franc might not be as liquid as the euro or yen, the USD/CHF currency pair is still liquid enough to be known as the fourth major. Trading the USD/CHF has its advantages and disadvantages. The main advantage being, a lot of traders often prefer to invest in the Swiss franc when economic or political instability is lurking.This is due to Switzerland traditionally being known as a safe haven, as it generally remains neutral and silent on many major geopolitical events, for example it never participates in wars. These investments can trigger large swings for traders, who may capitalize on such moves. The main disadvantage is that the US dollar is the world’s reserve currency.Thus, traders also can flock to the USD, trying to ascertain which currency is more likely to be embarked upon can prove tough at times. USD/CHF Still Living in Shadows of 2015The USD/CHF otherwise is seen as one of the lesser volatile pairs, with a tendency to follow the Euro, hence the negative correlation between it and the EUR/USD.The currency pair will forever be tethered to the events of January 2015 with the Swiss National Bank (SNB) Crisis which roiled currency markets.In this instance, the SNB abruptly decided to abandon the Swiss franc (CHF) currency peg with the euro, convulsing markets.
The USD/CHF is the currency pair encompassing the dollar of the United States of America (symbol $, code USD), and the Swiss franc of Switzerland (code CHF). The pair’s exchange rate indicates how many Swiss francs are needed in order to purchase one US dollar. For example, when the USD/CHF is trading at 1.2500, it means 1 US dollar is equivalent to 1.25 Swiss francs. The US Dollar (USD) is the world’s most traded currency, whilst the Swiss franc (CHF) is the world’s sixth most traded currency, resulting in a very liquid pair, with tight spreads, often staying within the 0 pip to 2 pip spread range on most forex brokers. Even though the Swiss franc might not be as liquid as the euro or yen, the USD/CHF currency pair is still liquid enough to be known as the fourth major. Trading the USD/CHF has its advantages and disadvantages. The main advantage being, a lot of traders often prefer to invest in the Swiss franc when economic or political instability is lurking.This is due to Switzerland traditionally being known as a safe haven, as it generally remains neutral and silent on many major geopolitical events, for example it never participates in wars. These investments can trigger large swings for traders, who may capitalize on such moves. The main disadvantage is that the US dollar is the world’s reserve currency.Thus, traders also can flock to the USD, trying to ascertain which currency is more likely to be embarked upon can prove tough at times. USD/CHF Still Living in Shadows of 2015The USD/CHF otherwise is seen as one of the lesser volatile pairs, with a tendency to follow the Euro, hence the negative correlation between it and the EUR/USD.The currency pair will forever be tethered to the events of January 2015 with the Swiss National Bank (SNB) Crisis which roiled currency markets.In this instance, the SNB abruptly decided to abandon the Swiss franc (CHF) currency peg with the euro, convulsing markets.

The USD/CHF is the currency pair encompassing the dollar of the United States of America (symbol $, code USD), and the Swiss franc of Switzerland (code CHF).

The pair’s exchange rate indicates how many Swiss francs are needed in order to purchase one US dollar. For example, when the USD/CHF is trading at 1.2500, it means 1 US dollar is equivalent to 1.25 Swiss francs.

The US Dollar (USD) is the world’s most traded currency, whilst the Swiss franc (CHF) is the world’s sixth most traded currency, resulting in a very liquid pair, with tight spreads, often staying within the 0 pip to 2 pip spread range on most forex brokers.

Even though the Swiss franc might not be as liquid as the euro or yen, the USD/CHF currency pair is still liquid enough to be known as the fourth major.

Trading the USD/CHF has its advantages and disadvantages. The main advantage being, a lot of traders often prefer to invest in the Swiss franc when economic or political instability is lurking.

This is due to Switzerland traditionally being known as a safe haven, as it generally remains neutral and silent on many major geopolitical events, for example it never participates in wars.

These investments can trigger large swings for traders, who may capitalize on such moves. The main disadvantage is that the US dollar is the world’s reserve currency.

Thus, traders also can flock to the USD, trying to ascertain which currency is more likely to be embarked upon can prove tough at times.

USD/CHF Still Living in Shadows of 2015

The USD/CHF otherwise is seen as one of the lesser volatile pairs, with a tendency to follow the Euro, hence the negative correlation between it and the EUR/USD.

The currency pair will forever be tethered to the events of January 2015 with the Swiss National Bank (SNB) Crisis which roiled currency markets.

In this instance, the SNB abruptly decided to abandon the Swiss franc (CHF) currency peg with the euro, convulsing markets.

Technical Analysis

USDCHF below the 200 bar MA on 4-hour chart

USDCHF

USDCHF below the 200 bar MA on 4-hour chart

  • 200 bar MA at 0.9930
Greg Michalowski
Greg Michalowski
Monday, 07/11/2022 | 15:24 GMT-0
07/11/2022 | 15:24 GMT-0
Technical Analysis

USDCHF bounces today after testing swing area and MA on 4-hour chart

UISDCHF

USDCHF bounces today after testing swing area and MA on 4-hour chart

  • 200 bar MA on the 4 hour did a good job of holding support
Greg Michalowski
Greg Michalowski
Thursday, 27/10/2022 | 15:06 GMT-0
27/10/2022 | 15:06 GMT-0
Technical Analysis

FOREX QUICK: Ups and downs continue in the USDCHF

USDCHF

FOREX QUICK: Ups and downs continue in the USDCHF

  • The USDCHF ping pongs between the 100 hour MA above and the 200 hour MA below
Greg Michalowski
Greg Michalowski
Thursday, 29/09/2022 | 15:49 GMT-0
29/09/2022 | 15:49 GMT-0
Technical Analysis

USDCHF moves back below swing area and 100 hour MA. Lower on the week now.

USDCHF

USDCHF moves back below swing area and 100 hour MA. Lower on the week now.

  • Flight to the safety of the USDCHF
Greg Michalowski
Greg Michalowski
Wednesday, 28/09/2022 | 15:29 GMT-0
28/09/2022 | 15:29 GMT-0
Technical Analysis

USDJPY bangs against the 100/200 hour MA ceiling

USDJPY

USDJPY bangs against the 100/200 hour MA ceiling

  • The BOJ action this week keeps the USDJPY more under wrap (although it is higher)
Greg Michalowski
Greg Michalowski
Friday, 23/09/2022 | 15:30 GMT-0
23/09/2022 | 15:30 GMT-0
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