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USD/CHF - US Dollar Swiss Franc

Real-time Currencies
Currency in
CHF
Disclaimer
0.9136
+0.0016(+0.18%)
Real-time Data

USD/CHF Discussions

Buying EURCHF now instead of this.
Another position closed at 0.893. Congrats for all bulls who hold from 0.853. We were not wiped by manipulation. Only 2 positions remains for me. And not risky at all now even if it goes down again... as i only hold 2 positions now not 12 :). Thinking of closing the other 2 because dollar could drop anytime. And the swaps on the 2 positions is almost equal to the floating loss :).
Lets 0.9!
Well I hope so, but this pair as we understood, doesn't deserve optimism as it doesn't follow fundamental, nor the DXY nor the economic data!
Ye... even if chf start to fall at this point. Dollar might start to fall too so this might remain near stable. What is your target for break even of highest buy? For me its 0.9. But i dont think the dollar will fall too much just a slight correction to 103 max.
downtrend begin !!
salers are no more... 😭😭😭
Its a technical correction lol no downtrend. Few pips down is not downtrend.
Wow... DXY almost 105 and this still not even 0.9!
dxy is hardly moved by this pair, around 3.5%..so even chf moves 10%, this will only vey little, not even 0.5..main driver is eur and yen
I know eur and yen is the majority of weight. But DXY rising mean dollar is rising in general. It is not euro/yen falling currently. Dollar yields are rising. Dollar very strong now... CHF strength is not justified. Its economy is stalling. Inflation below 2% which calls for rate cuts... overbought etc! Anyway did not u say 0.78? Lol now it seems even more far haha. Dont dream of 0.78 until a few years atleast...
yes, I said 0.78, but in 3-4 year, I look seldom at daily moves, it could still spike back to parity (then of course I would trade, sell usd) but trend is down for usd..and this is going on for decades and accelerating.
Another position closed from profit(was opened from like 40-50 days LOL). And profit from seaps too... patience and enough margin paying off! 3 positions left!
what is your last tp?
I have one at 0.893 , one at 0.897 then one at 0.8998. I have had like 12 positions from 0.898 to 0.853. Never closed any, as i was confident it would rise again... now i need 0.9 to get rid of the 3 left. Made alot of profitd on the way without closing any in loss. + profit from swaps.
How much money did you make? if not a secret :)
beware weekly resistance it can go down
Another bad gdp report yet chf unaffected.
Dolar and yields on fire today yet this barely rising... monday if dollar drops this drops... sigh.
DXY 104.1+ and this is not even 0.9! LOL. In fair value this should be at 0.935 now MINIMUM!
Bro i sold this right now
It depends on ur target. If its 0.882 or 0.88 or 0.878 or something close... ye it could hit monday... but make sure to have SL as this month SNB meeting. Could shoot back to 0.92. In next months its direction is up.
okay brother thank you so much for your view
we still in down trend if you see in big TF, we might see 0.86 for swing
who dont like my comment must be in buy, no problem who buy or sell as long as we got profit, good luck all
i agree and i think the best position to sell is wait to monthly timeframe SnR on monthly.
the trend is your friend..additionally the snb might raise interest rate while fed might keep steady..not that interest rate alone might affect rates..
Why would they raise rates if inflation is 1.6% lol? If anything they should cut rates or hold for a little more. While USD guaranteed majority of 2024 rates gonna be above 4%.
because inflation is excepted to go up and the snb signalled a couple of times that an increase is very likely. however, interest rates are not a main driver of exchange rates.
its time to fall !!
fundamental will work if theres news or release data, for me i prefer techncal, and it will go little bit down, NFP tonight maybe will push up or down, wait for news released
Seems your account fall bro. U expect it to drop to 0.78 or 0.80. After it has already dropped from 1.0 to 0.88 LOL. Chf overvalued currently. SNB is currently subsidizing CHF but that is only temporarily and will deplet forex reserves. Swiss companies gonna suffer while swiss people might enjoy a bit overvalued chf... this pair along with other chf pairs has 100 reasons to rise and 0 reasons to fall further.
@Safe Trader So true bro 👍🏻
sell now to h4 support !!
Lol why sell? It could reach 0.89 tomorrow if NFP is good. Which is very likely given estimates this time are low!
i only trade base on MA10 HIGH Daily for entery and H4 support for exit
Another bad CHF report retail sales down so much! Will this still not move a bit even?
It seems that bad reports have absolutely no effect on the Swiss franc. 0.88 has become resistance again
I dont think this pair follows resistance or support logic or any logic! Currently it is acting as if Switzerland has pegged its currency to trade in a certain range and that Switzerland will buy/sell CHF to prevent it from going outside the range...
2 bad data reports for CHF today and totally unaffected.
Yes, I was thinking about this too, what is the reason for this? Maybe it's in liquidity? Only because if this is the case, the EUR/USD pair will have difficulty reaching the 1.12 level again.
in long term i thought it will be drop
CHF Behavior last few months is clear manipulation/Intervention. On literally all pairs, If opposite pair good news, either small riseor stable or drop! While if news bad hugee drop. While CHF is acting like its the gold standard and unaffected by anything! Even its own data! The US treasury should perhaps do an investigation like last time when CHF was put on the list of manipulated pairs.
Wow, just needs 1 reason to crash. 1 bad day of data and we lose several days of gains... when dollar rise this is like +0.20% . When dollar drops this goes -0.66%. Nice.
It has been for a few months... the question is how long more can it keep pushing this hard? Remember market loves to do squeezes even if they were not logical just to wipe retailers. People has been buying CHF across pairs at absurdly high prices. Too good of an opportunity to pass them.
So...the situation has been clear for a long time now: dozens of good US data in the past few days have never been enough for a substantial rise in the pair, despite a dollar hitting above 104.20. Instead, 2 bad news were enough to make the pair sink to 0.88 in an instant. If this isn't manipulation, tell me what it is.
the last year parity was a spike due to poor monetary US policy (powell...very bad). chf was long at around 0.9 to 0.93 and now it is back where it should be. parity was a very good opportunity to buy chf, which we will not see for a very, very long time...but as I said, I am not here to be right but to make money...
actually the strong chf was better for exports, against all expectations. the Swiss lowered their costs for any imports and gained more competitiveness against other states, since their inflation was so low and cheap raw materials, including oil etc.
That is called subsidiary. It depletes forex reserves and is only temporarily.
long term 0.78. logically CHF should only get stronger.
Oh these numbers started to appear again after 1 drop haha. So optimistic.
😅👍🏻
When DXY hit 108 or 110 last time. This was above parity! Like 1.05. Now its 0.885 at DXY 104.5
I think all these sellers holding it back once their SL breaks should jump to a higher price
There is no sellers in this pair. 80% + is buyers. Clearly Manipulation or a squeeze. EURCHF too majority is buyers. CHFJYP majority is sellers. 80% of people bearish on CHF. Perhaps it is the reason MM not rising it... too much loss for them. Or SNB manipulation.
Thats why i rarely mentiom sellers here. They are not the reason it is not rising. They are a very small percentage.
Its almost unreal that DXY is 104.3 which is a record months high and on path to 105. Yet this is still nkt even 0.9! Should be 0.935 minimum currently!
Another position closed with profit from target and swaps! 4 left!
still waiting 90154 tp😗😗
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