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USD/CHF - US Dollar Swiss Franc

Real-time Currencies
Currency in
CHF
Disclaimer
0.9138
+0.0018(+0.20%)
Real-time Data

USD/CHF Discussions

DXY over 102.70 at 0.34 up today and this pair is immovable as a rock... Simply shameful.
One of the main reason for the CHF strength is inflation for sure. In fact the inflation rate in Switzerland remains less than half that of the european union... That's why.
But CHF interest rate is so low(1.75%) compared to USD(5.5). People wont buy CHF because inflation there is low. They would buy gold instead if they want to protect themselves from inflation. Interest rates in Switzerland has peaked. They are talking of holding. I think soon they may start to cut. Usually their interest rates is close to zero or less than zero LOL. US will hold rates above 4% for majority of 2024. CHF is regarded as safe haven together with USD. But currently people are not looking for safe haven. They are investing in stock market(recent rally) and other risky high yielding things. Recent stock market rally should have brought CHF down. Plus dollar is also safe haven and inflation in US nkw is nkt that bad to hold dollars... plus there is Big Big Big auctions with high interest rates happening from US treasury(filling again after debt ceiling deal) should rise demand for dollar... Totally illogical. What is more frustrating is that DXY has rallied from 99 to 102.7 and this still not movin much... i think soon DXY might go back to 100-101 levels... xould give excuse to bring this down.
The analysis is all right, but even more right is to see that relationship between DXY and USD/CHF is no longer as balanced as it should be. There's the hope that any return of the DXY to 99 or 100, will not cause the pair to collapse below the yearly lows. In spite of a good dollar index, it seems that the 0.88 has become a resistance strengthened by manipolators.
Rejected over and over..very weak and highly bearish..
Its also rejecting going below 0.87 many times... even in times of super bad news for USD... last time this pair was stuck it dropped fast.. now i think after being stuck at 0.87 it will go up fast
add buys and waiting 90154
Should have bought at 0.855. Still good place to buy though. Any before 0.9 is good buy entry.
yes i have many buys at 85 woohooo
Free fall coming..
Well bro, I must say that I've been holding some positions for months, the farthest around 0.92, and others between 0.88 and 0.89. I admit that I fell victim to the first collapse at the beginning of this year, when the pair started to fall from around 0.94. I didnt think it to fall about 1000 pips in few weeks... Anyway I'm doing well, though, making money on the overnights, and always being careful about equity. My dream would be to hold until parity, that would be a very good investment. It's very difficult for it to happen again in the short term, but this pair is almost unpredictable now...
Hopefully ur target is reached. I am holding 10 buy positions from 0.881 till 0.9. Were 14 positions but closed some after rise from 0.85 to 0.87. I think 0.92 is certainly VERY MUCH possible again. I also have the 10 positions at break even. Currently enjoying the swaps earned. I have been holding them for like 1 month. And already the swap i earned covers like 15% of the floating losses from them. I am trading now on news and enjoying nice profit while waiting for the 10 positions to close... i have enough equity and patience. And now room to trade since the rise from 0.85 to 0.87 made me able to trade again without making equity non safe. In last few days This is not falling as hard anymore... good sign.
Wow, you are holding so many positions. In fact, the important thing in trading is to know how to be patient and not panic. Of course, you have to be good at maintaining very good money management, and not get caught up in the rush to make money. Trading can hurt a lot, and only a small percentage of traders are successful. All of us more or less I think have suffered major money losses.
Wow Manipulation kicked in... look stock market indices too. Suddenly from -1% to positive
Whats going on with these random falls? It falls -0.20% in 2sec LOL. Market makers hunting tight stoplosses?
The resistance this is showing to go up... wow. 2 good data reports today and barely being positive. Really heavy manipulation.
Lol at that moment drop from like +0.10% to -0.10%haha. Stop loss hunting.
Michigan sentiment good data... should rise more.
BUYing big amount and closing today.
I believe it's still a risk to buy until this pair has the strength to decisively break through at least 0.8820. But apparently, someone or something is doing everything to make sure that doesn't happen. It's currently good for intraday scalping only at the moment.
You are right. I took a bit of risk and bought huge amounts. But i closed fast so this does not drop suddenly xD. I buy alot and close fast on good news that will most likely bring price up even few pips. This pair should rise the fastest out of all usd pairs logically..
👌🏻
Why when there is a USD data release... 99% of the times dollar drops leading into it lol.
A good PPI might launch tbis to the 0.88 zone.
Sell
Nice rebound! This reached -0.85% almost during news! could close positive!
Bullish momentum strong.
Bollocks
Bought at 870 at the bottom there, any views on potential upside here.
Should be good, but we must be careful on manipulation and traps
Agreed - sustain over .875 and things look V positive
If u have buys dont put SL this going up near term.
More down today 🔻 🔻 🔻 🔻 🔻 🔻
Wow... manipulation again. Is this a try to wipe some before cpi good news?
I don't know...Maybe the "big ones" are manipulating the pair lower in anticipation of a good CPI, then buying large lots later ... but that's just a hypothesis not to follow of course
Hopefully data is good. It reached -0.52% during the day so even if wr got good news maybe this wont rise more than 0.50%... its very illogical for a pair to drop this much before the news! Imagine if cpi was bad... could drop -1% maybe... I am holding my buys and today will trade based on news. If you look at historical chart 1 month. We are literally at the bottom. This should go no way except up! Especially with big dollar auctions happening. Stock market correcting. DXY 102. Super manipulated pair.
I think that at the moment the forecasts regarding USD/CHF are useless as the manipulation on it does not consider either DXY or good data from the USA. In few words, good data = timid rise of a few pips; Bad data = immediate collapse even over 1%...This is the state of the moment despite forecasts and chart patterns.
if cpi bad, need sell car and house then deposit and add more buys
Ah ok... what if the CPI was good instead? Will the bears be the ones to sell the car and the house? I'm asking for a friend...
If cpi good for usd will buy alot and close same day. If cpi bad for usd will buy gold and cllse same day too. Good day to make profit either way!
Lol this pair is better then stupid CADCHF (Ps. long term still buy)
Long long term(years) i dont think this is a buy. Its a sell. But now ye its buy for sure.
Let all the sellers pay 3x swap today! While i earn 3x! Nice.
Yes, of course 👍🏻. Hoping for good CPI data tomorriw. Anyway I think that this pair needs a decisive break of 0.8818 to carry larger bullish implication
Switzerland inflation is super low at 1.9% suggests pause or even cuts... if it falls further they risk deflation or recession. Which both will lead to rate cuts. Plus an overvalued CHF is bad for rhe economies exports and the companies paying wages. Continued Intervention from SNB to buy franc will decrease their foreign reserves which is bad as it makes the CHF not backed by anything... anyway you slice logically CHF needs to correct against pairs. No matter how long it takes it will happen... MM cant continue with this bubble much longer. They will soon get out and burst it after they are safe and blown most retailers.
Tomorrow CPI either brings this above 0.88 or back to 0.870... there is unrealistic expectations put on the CPI its almost impossible to be above expectations. The CPI showing increase even if below expected should be bullish but markets gonna manipulate... logically this needs to hit 0.90 regardless of Good or bad US news. Its overdue for a correction. While waiting l am enjoying the swaps i am earning. Let sellers pay swaps! I earn swaps! MM aint gonna take a penny from me in thisbpair! No SL!
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