USD / CHF rate this is the ratio of the US dollar to the Swiss franc. Experienced traders refer to the USD / CHF currency pair as “ Swiss" or " swissie“, Which is considered the only franc still issued in the EU.
USD / CHF forecast for today
The USD / CHF forecast for today is based on 20 indicators and reflects the signal strength on different timeframes. USD / CHF Forecast updated constantly, keep an eye on the date of the last update. The forecast does not contain a specific strategy and reflects a general recommendation based on technical analysis.
USD / CHF exchange rate on the exchange (online) - Live Chart
It is customary to mark 2 main trends on the USD / CHF chart. it height developing since 1996 whose trend was pierced in June 2002 year at 1.4802 pips. As part of this change in the exchange rate, several historical highs were reached: on October 1, 2000, at 1.831, and in July 2001, at 1.823.
Since then, the USD / CHF rate has been following a downtrend.
General characteristics of USD / CHF
Currency pair USD / CHF is considered a direct quote in which the dollar stands basic currency, and the Swiss franc quoted.
Buying this duo, the investor pays in francs and purchases US dollars on his own account.
For example, USD / CHF rate at 0.8918 implies that 0.8918 francs will be paid for 1 dollar - the USD / CHF quote has 4 decimal places.
CHF stands for Confoederatio Helvetica Franc.
It reflects the state of the economy of neutral Switzerland as one of the most developed and stable countries in Europe. Switzerland has long been considered the main banking center of the Old World for investors all over the world, which still guarantees relative privacy. That is why in modern world the banks of this state have the most diverse client base, in a geographical sense. This fact is already considered a serious prerequisite for the fundamental growth of the Swiss franc, which is periodically influenced by the reporting of exporters.
Analytics and factors of influence of USD / CHF (what the rate depends on)
Strong leverage on the USD / CHF rate has state the issuer of the Swiss franc. Switzerland occupies a special position in the international monetary system.
With more than 4,000 reliable banks and a recognized center of global banking, this country uses its reputation to attract foreign capital.
The leading and most important banks in the world are Swiss Credit suisse and UBS... However, the Swiss economy is not the most popular topic in the world, but traders always keep an eye on monetary credit policy and news from the Swiss National Bank.
During periods of crisis, significant cash flows are striving specifically for Swiss banks, further spurring demand for the Swiss franc. Thus, in a state with a stable political system and the economy has the opportunity to create an ideal business climate.
A feature of the USD / CHF rate is that the change in quotes by 90% occurs due to the rise or fall of the dollar, since the franc itself has been stable for centuries. Therefore, when making a forecast for USD / CHF, it is important to take into account some important factors that are published in the United States:
- decrease / increase in interest rates;
- employment in various industries;
- number of claims for unemployment;
- consumer demand index;
- decrease / increase in GDP.
In addition to financial publications, it is necessary to monitor the reports of the head of the US Federal Reserve, information on emergencies and the political situation in the country. In second place in importance are factors such as:
- unemployment indicator;
- raw material price levels;
- statements of the top officials of the central bank of Switzerland.
It is important to understand that the movement in the market does not appear from the publication of some news of the fact, but because of the mismatch between the expectations of investors and the received data. only changes greatly if the published statement differs significantly from the forecast.
USD / CHF was considered a mirror image of the highly liquid forex exchange pair -. A similar trend began to be used by traders toparsing the rest of the currency pairs. Despite the factually inverse correlation, USD / CHF responds a little earlier than others to economic events in the United States, as if warning the fast instruments of the rest of the FOREX market.
There is also a downside to this phenomenon: traders with rich experience use pairs such as EUR / CHF and EUR / USD to get ahead of USD / CHF and speculate on arbitrage.
For example, there was positive information about the rise in America's GDP. V this case the national currency of Americans will begin to grow. It will affect the first, then the AUD / USD will react and begin to slowly decline. Accordingly, the quotes of the euro move against the British pound, and USD / CHF will be the last to begin to grow.
The best way to trade USDCHF
Traders are interested in trading with the provided quote for a number of factors:
- The USD / CHF rate is quite easy to predict, and the results obtained are very much justifiable.;
- The pair actually does not have sudden jumps in quotations, which will have a positive effect on the work of young traders.;
- Considered one of the most highly liquid pairs.
- A strong influence on the quote chart creates the US dollar, which makes it easier for an unprepared investor to analyze the instrument and gives him a good reference point.
Over the past 2 years, traders have been watching the sideways movement of the price in the corridor of 1000 points. Trading in the USD / CHF sideways corridor is peculiar, but this greatly simplifies the approaches used in working with this instrument.
On average, the USD / CHF rate works out no more than 60 points per day, sometimes 100-120 - but this is a relative rarity. Due to the peculiar liquidity / volatility ratio, when trading USD / CHF, it is better to use simple technical analysis tools - support and resistance lines, etc.
The work of a scalper with the USD / CHF instrument will not bring good results for an investor. The 15 minute frame is dominated by a downtrend with low volatility. First, suchthe trend does not provide an opportunity to receive income on sharp price movements on the stock exchange. Secondly, investors in this situation will not be able to stay in the cache at least once a day and collect the proceeds.
The most active trading in USD / CHF takes place during the American trading session, when New York connects to European traders. During the Asian and Pacific sessions, movements are minimal.
Trade example
As you already know, they are the most profitable for short-term trades, as they offer a fixed profit. 70-80% regardless of the term of the investment, also the amounts for transactions are more than available. After analyzing the current situation and forecast for USD / CHF, we opened a trade with a forecast of a price decline - by buying an option PUT(Way down).
- We have chosen a regulated CROFR broker.
From complete list assets we chose dollar - franc:
Then we indicated the time of completion of the trade at 15:25. Option expires after 13 minutes:
Since at the moment we are forecasting a further fall in the price along the trend, we press the button WAY DOWN- this will be the key condition for selking:
If at the time of closing the option the quote drops according to our forecast, we will make a profit in 76% ... We didn't have to wait long:
At the close of the deal, the dollar against the franc became lower than at the time of purchase, our DOWN condition was fulfilled and we returned $ 123.2 of which $ 53.2 net profit.
We have been working with a broker for a very long time and are satisfied with its speed, terms of transactions and profit.
Features of the USD CHF currency pair
It should be noted that the dollar / franc is called very a specific pair... It is not suitable for every trader. Trading in a quote gives a beginner a chance to gain some experience, but you should not take this pair as a quick way to earn good interest. The most characteristic features of USD / CHF should be noted:
- increased liquidity and low volatility;
- small profit potential in short-term and ultra-short-term trading;
- heavy reliance on American financial statistics;
- the likelihood of applying a quote as an indicator of parsing to other pairs.
Until January 15, 2015 The Swiss government has maintained a tight peg for its currency to the euro. The moment of sending the franc to " free swimming"Was a surprise and in many ways a tragic event for traders who are in long positions with leverage on the USD / CHF position.
- The jerk in the moment was more than 25%.
On that day, negative amounts appeared on the accounts of some players, which is a consequence of the fact that risk managers physically could not have time to carry out the margin call procedure, not to mention the usual stop orders.
Trades collapsed at current prices with a huge delay, which created even more panic.
In many ways, the situation was saved by the fact that the majority FOREX brokers insure their clients' deposits against negative balance. In the end, no one owed their brokers, but traders still remember this day as the worst dream of their career. On the other hand, some traders permanently got rich by simply taking the opposite short position before this ill-fated day. By the way, this situation with not triggered stops is impossible when trading and options.
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The USD / CHF (dollar-franc) currency pair is ranked 4th among the most traded pairs in the Forex market. It accounts for about 5-7% of the total daily trading volume.
The Swiss franc is the national currency of Switzerland. And Switzerland, as you know, is one of the most important banking and financial centers in the world. There are about 4,000 financial institutions operating in the country, including many branches of foreign banks. The banking sector accounts for 9% of GDP. Swiss banks are renowned for their good reputation with clients due to the stable political environment in the country, strong Swiss currency and adherence to the principle of "bank secrecy".
Therefore, it is not surprising that currency pair USD / CHF stands out favorably against the background of other currency pairs. In times of crisis, large capital flows rush to Swiss banks, which affects the franc rate - it rises. In times of crisis, it is more important for people to save money than to try to make money.
The volatility of the pair is below average. Movement is often uniform and predictable. The USD / CHF pair is very balanced, so to speak, the dollar is subject to sharp changes and the Swiss franc is stable. They kind of complement each other. In fact, everything is not as simple as it seems. And this pair has sudden and unforeseen price movements.
It is believed that the USD / CHF pair is a mirror copy of the EUR / USD pair. They move in one beat, but in different directions. This is often the case, however, USD / CHF more accurately reflects the dynamics of the movement of the dollar. This is probably due to the fact that the Swiss franc is affected by fewer factors than the euro.
The charts below clearly show the "mirroring" of the USD / CHF and EUR / USD pairs for the same period of time:
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Factors affecting the USD / CHF pair
Unlike other major currencies, the movements of the Swiss franc are driven more by external factors than by the situation within Switzerland itself. The dollar-franc pair is significantly influenced by economic indicators USA.
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American factors |
Swiss factors |
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Interest rate statement |
Interest rate statement |
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Federal Committee Statement |
Unemployment rate |
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Changes in non-rural employment |
Swiss Raw Material Price Index |
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Change of non-agricultural |
Impact of gold prices |
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Unemployment claims |
Officials' speeches |
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Consumer Price Index (MoM) |
Employment rate of the population |
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GDP (QoQ) |
Gross Domestic Product (GDP) |
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Fed Chairperson's Speech |
Impact of cross rates |
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Political situation |
Political situation |
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Emergency incidents |
Emergency incidents |
The USD / CHF pair is almost ideal for novice traders - moderately active and moderately predictable. Working with it, you will get the necessary experience in Forex.
This currency pair is directly quoted.
And I'll tell you how the market moves currency pair USD / CHF (dollar / franc)... In this publication, I will consider the main characteristics of the dollar / franc currency pair, the tools that are better to use for its analysis, and other points that will help you in this currency pair. Everything in order.
The USD / CHF currency pair is the fourth in terms of the volume of transactions carried out on the international foreign exchange market a pair of four together with EUR / USD, USD / JPY and GBP / USD. This is a reverse quote, that is, the dollar plays the role of the base currency in it. The dollar / franc quotes show how many francs are 1 dollar.
In fact, the dollar / franc currency pair was formed from the dominant currency of the world - the US dollar and the state currency with one of the most stable financial systems in the world - the Swiss franc. In trading slang, they like to call her "swissy", "chief" or "Swiss".
The USD / CHF pair is a trending currency pair, its charts almost always mirror the main quotes. That is, the dollar / franc usually moves in the opposite direction to the euro / dollar pair, and changes by about the same amount of points as the main currency pair on forex.
This is because both of these currency pairs are highly dependent on the dollar component: in the USD / CHF pair, the dollar dominates the Swiss franc, and in the EUR / USD pair, it is equivalent. At the same time, sometimes, during periods of strong news for Switzerland, the EUR / USD and USD / CHF pairs may move in the same direction for some time.
It should also be noted that the Swiss franc rate is strongly correlated with the euro rate, therefore, for example, the EUR / CHF currency pair quotes always fluctuate very weakly, practically stand still, since these currencies move in the same direction.
The dollar / franc currency pair reached its all-time high of about 1.83 in October 2000, after which, after fluctuating at high levels for about a year, began its protracted decline and in August 2011 reached a historic low of 0.70. Such a strong strengthening of the franc was disastrous for the Swiss economy, therefore, shortly after the fall of the Swiss National Bank legislatively established a limitation for the franc exchange rate, only in relation not to the dollar, but to the euro. Thus, until now, the EUR / CHF quotes cannot fall below the level of 1.20, which also affects the containment of the USD / CHF pair quotes.
The main reason for such a serious trend towards the strengthening of the Swiss franc is the high confidence of investors around the world in the Swiss franc. banking system... As you know, Swiss banks are considered the most reliable in the world. From here, the franc received the status of a “safe haven currency”, that is, the currency into which investors transfer their capital when an incomprehensible situation arises on the market with the main world currencies - the dollar and the euro. Besides, many people keep their capital in Swiss banks, which stimulates the economic growth of Switzerland and the strengthening of its national currency, even so strong that the Swiss National Bank is trying to forcibly restrain it. Switzerland's economy is highly dependent on exports, so an overly strong national currency is a negative factor for the country.
The USD / CHF currency pair is fairly well predictable, so traders like to use it as a tool for speculation. To predict a pair, be sure to use and pay attention to. First of all, as I said, you need to track the release of important data on the United States: changes in discount rates, the number of people employed in the non-agricultural sector, the number of applications for unemployment benefits, monthly, quarterly and annual GDP, the consumer price index. All these indicators always strongly affect the quotes of the dollar / franc currency pair.
It is good for a pair to use simple traditional tools: trend lines, support and resistance levels, Fibonacci lines, trend indicators. The USD / CHF currency pair can move more sharply than EUR / USD, but weaker than GBP / USD. The gold level of the dollar / franc pair is 1.00, as you can see, in the last 3 years the pair has been trading, practically not deviating from this level by more than 10%.
The USD / CHF currency pair usually passes up to 100 points per day, in some cases - up to 150 points. When trading this pair, it is recommended to set a stop loss at a level of at least 60 points. Corrective movements can be up to 50%.
The dollar / franc currency pair is well suited for forex trading due to its transparency and predictability. Therefore, even novice traders can work with it.
Now you know how the USD / CHF currency pair moves, what factors have a fundamental influence on its quotes, and you can apply this information to conduct profitable Forex trading.
Stay on and boost your financial literacy... In other publications, you will find the peculiarities of the movement of a number of currency pairs, as well as a lot of other useful information about different ways of earning, investing and effective management of personal finances.
The USD / CHF currency pair is a popular financial instrument among both experienced and novice traders.
This currency pair belongs to a trend group, it is characterized by a high level of volatility, as well as average liquidity.
The USD / CHF currency pair is inversely correlated with the EUR / USD pair. This means that the price level on these currency pairs moves in opposite directions with a slight delay.
Due to this feature, when using the USD / CHF currency pair for trading, you can use the EUR / USD trading chart as a leading indicator. When important news is released, the correlation between the above currency pairs is broken, which is why they can move for a short period of time. one way.
So from the beginning of 2011, the Swiss Central Bank began to pursue a policy of a fixed rate of its own currency, the level of volatility of the USD / CHF pair dropped significantly, which is why many traders began to refuse to use it. The fixed exchange rate policy was canceled in 2014, which initially caused a sharp drop in the franc, but then the currency began to form quite powerful medium and long-term trends.
You can see an example of a trend on the USD / CHF currency pair in the picture below.
Currently, the USD / CHF currency pair is considered to be well predictable, which contributes to its growing popularity among traders. When analyzing the situation on the USD / CHF trading chart, you should definitely pay attention to the news release in the United States, as they can have a significant impact on changes in the price level. Swiss news, on the contrary, has practically no effect on changes in the price level of the currency pair, but it is still recommended to follow them.
In the process of performing fundamental analysis, you should pay close attention to the following news from the United States:
- Correction of interest rates.
- NonFarmPayrolls statistics.
- Changes in the size of unemployment benefits.
- Fed leadership statements.
- Change in price indices for general consumption goods.
Changes in the price level of the USD / CHF currency pair can be fairly accurately predicted using technical analysis, during which it is recommended to use only proven tools, such as moving averages, resistance / support lines, as well as various oscillators.
Since given financial instrument has an average level of liquidity, complex strategies related to the analysis of VSA volumes, it is better not to use this currency pair for trading.
The intraday volatility level of this currency pair is around one hundred pips, but on the day of important news, it can reach 180 pips. Pullbacks of the price level during correction can be very significant, for this reason, when trading on this currency pair, it is imperative to use Stop-Loss, set no closer than 50 pips from the place of opening a deal.
All broker companies have the USD / CHF currency pair, the average spread is 5-6 points, but in very rare cases its value reaches 10 pips.
Due to the fact that many brokers have switched from a fixed spread to a floating one, the situation on Forex has changed radically, and the US dollar / Swiss franc currency pair has become highly liquid.
Liquidity is the ability to be sold at a price as close as possible to the market price.
If using this currency pair with a fixed spread was unprofitable even for short-term trading, today everything has changed radically. Today USD / CHF is a transparent and easily predictable currency pair.
An effective strategy for trading the USD / CHF currency pair
I bring to your attention a very effective strategy for trading the USD / CHF currency pair, which even a beginner in the Forex market can master. All rules have been created based on the characteristics of this financial instrument.
This strategy does not include the use of various indicators, it is based solely on time constraints and charts.
To apply this strategy, you must enable trading platform at five o'clock GMT. Select the US dollar / Swiss franc currency pair and the M15 time frame.
Then you need to plot support / resistance lines on the chart at the whole closing prices of the bars. These levels must be plotted at the price level formed from 00:00 to 05:00 GMT. 1 line should be above the price level, the other below, as is usually the case for support / resistance lines.
Then, at a distance of twenty-five pips up from the resistance line, open a pending Buy Stop trade, as well as a Sell Stop trade twenty-five pips below the support line.
Stop loss for both positions is set at 50 pips, and take profit at 25 pips.
The strategy described today assumes the creation of only 1 order per day. If by the end of the day none of the orders has been triggered, then all positions must be closed and the next day to perform all actions again.
This strategy is perfect for both beginners in Forex and experienced players. It is easy to use and does not require a lot of time. Such a strategy is able to bring the trader a stable income, albeit not large.
The amount of profit depends on the volume of the transaction, which should not be too high. When choosing a suitable lot size, take into account the size of the stop loss, which affects the possible drawdown of the trading deposit.
The pip value for a pair is calculated using the following formula:
Pip value Pip value x trade volume / quote
So, for example, if the quote equals 1.20002, then the value of a pip per USD / CHF 0.0001x10 000 / 1.2002 0.83 $. Thus, in order to withstand a drawdown when opening a trade of 1 lot, the account must have at least 50x0.83 $ 41.5. And when you close such an order by Take Profit, you can earn 25x0.83 = $ 20.75.
Calculations for other lots, I hope you can do it yourself. In order to keep abreast of all the most effective strategies, subscribe to my video tutorials.
The Dollar Franc (USD / CHF) currency pair is not considered one of the most popular assets, but many traders call it the most predictable on the market. This is due to the so-called calmness of the asset, since there are very few events that can significantly shift the franc towards uncertainty. Let's consider this pair in more detail today.
Analyze the asset for the period: M1 M5 M15 M30 H1 session H4 D1 W1
Classic levels
Nearest levels
Read more about working with the table in the instructions.
Trend
Candlestick statistics
Economic calendar
Volatility
Underlying asset description
Franc to dollar course online
The USD CHF pair includes the American and Swiss currencies, therefore, the main activity of this asset falls on the daytime. The largest volumes of transactions are performed during the period from 08:00 to 20:00 Moscow time. That is, this is the time when the European and American exchanges are open.
It is noteworthy that an increase in volumes does not always mean a sharp change in the dollar to franc quotes. Its quotes are active almost 24 hours a day. But in any case, the volatility of the asset during the night hours becomes lower. Although, at the same time, the USD / CHF pair is not inclined to fall into long-term flats without a bright trend and price movement in the pair at least in one direction. If we talk about the average volatility, then it practically does not change depending on the day of the week and is about 100 points per day. Therefore, forex traders actively use the asset, because there are movements, which means there is an opportunity to earn money.
The events within Switzerland have the greatest impact on the franc-dollar rate. Surprisingly, this is one of the few currencies that is not very susceptible to external factors. But this influence still exists, and, first of all, from the side of the US economy. But this can be said practically in the presence of a couple.
Why is this currency so popular among traders and investors? The answer lies in the Swiss banking system, which provides very low interest rates on loans. As a result, many international transactions began to be carried out in this currency. As a result, the demand for it on international exchanges has grown sharply.
Relationship with other assets
If we draw parallels and relationships for the asset of the USD CHF pair, then we should note its inverse correlation with the EUR / USD pair. However, depending on market conditions, this relationship may disappear. There is a very simple strategy, according to which you need to wait for the movement in the euro-dollar and then open a deal in the opposite direction for the franc. After all, it was noticed that despite the close relationship between these assets, there is some delay (not always, but often). Moreover, the delay in the reaction is specifically for the USD / CHF pair.
An important limitation - during the release of news in Switzerland and (or) the United States, the correlation can be violated and at such moments you just need to wait for the market to normalize and not touch the pairs. It is easy to check this - as soon as the assets began to move synchronously in different directions again, the connection was restored.
The asset has a lot in common with the CHF USD pair. In fact, this is a mirror double, which has a complete inverse correlation with the main one. But with such an asset in binary options do not work often, but you should still be aware of this feature, which the chf / usd pair or just the franc / dollar pair has. But do not forget that not all brokers are "rich" in such a pair.
When trading on the dollar franc (the pair is quite predictable), you should remember a number of simple rules and patterns that will make your trading more profitable:
- Any negative information on the dollar (including political) leads to an increase in the franc, as investors rush to transfer their money to a safer currency. This is the popularity of the USD / CHF pair.
- Gold prices have a very strong impact on the dollar franc. Investors note that an increase in the price of gold leads to an appreciation of the franc. This is due to one simple concept - the Swiss currency is still partially backed by gold.
- We have already noted that interest rates in Switzerland are important for this asset. As soon as the state increases them, CHF loses its position.
- Any important economic news on the economies of the two countries has a strong impact on the asset - the USD / CHF pair, which means that they must be reckoned with.
At the end of this article, it should be noted that the uniqueness of the dollar against the franc is that this asset has high liquidity. This is a property that has been noticed by many traders - an asset can be bought and sold at almost any second. Therefore, many people work with this pair.
Additional material