Currency pair USDCHF.

The USDCHF pair is a rather interesting trading tool, because it is formed by the most popular and most stable world currencies.

This combination makes price behavior quite predictable and opens up wide opportunities for playing on the exchange rate.

Basically, the price of the American dollar changes, which has a direct impact on the direction of the trend in USDCHF; when the dollar rises, the pair also grows, and when the exchange rate declines, a downward trend can be observed.

Basic moments.

USDCHF - formed by the US dollar and the Swiss franc, the dollar acts as the base currency, and the franc is the quoted currency.

One lot is equal to 100,000 dollars, and points are measured in Swiss francs.

Currently, the price of the currency pair ranges from 0.85 to 0.90 Swiss francs per US dollar.

The spread varies within 1-2 points, depending on the brokerage company and market volatility.

Features of trade.

The main driving force of the USDCHF pair is the dollar; it is news from the United States that gives movement to this currency pair. Therefore, you need to monitor their exit during the American trading session .

True, we cannot exclude the possibility of interventions in the Swiss franc, which occur during the European trading session and cause an upward trend.

Therefore, active movement in this instrument can be observed both in the American and European trading sessions.

The most attractive trading strategy is to play short during the release of negative news on the US dollar, especially if the news relates exclusively to the situation in the United States.
At this time, not only the dollar depreciates, but also a parallel strengthening of the Swiss franc, which further strengthens the downward trend in the USDCHF currency pair.