Currency pair USDCHF.
The USDCHF pair is a rather interesting trading instrument, as it is formed by
the world's most popular and most stable currencies.
This combination makes price action quite predictable and opens up ample opportunities for playing the exchange rate.
The price of the US dollar fluctuates primarily, which directly influences the direction of the USDCHF trend. When the dollar rises, the pair also rises, while when the dollar falls, a downward trend can be observed.
Key points.
USDCHF is formed by combining the US dollar and the Swiss franc. The dollar serves as the base currency, while the franc is the quote currency.
One lot is equal to $100,000, and pips are measured in Swiss francs.
Currently, the price of this currency pair fluctuates between 0.85 and 0.90 Swiss francs per US dollar.
The spread varies between 1 and 2 pips, depending on the brokerage company and market volatility.
Trading Features.
The USDCHF pair is primarily driven by the dollar; news from the United States drives movement in this currency pair. Therefore, it is important to monitor their releases during the American trading session .
However, the possibility of Swiss franc interventions, which occur during the European trading session and can trigger an uptrend, cannot be ruled out.
Therefore, active movement in this instrument can be observed during both the American and European trading sessions.
The most attractive trading strategy is bearish trading during negative news releases on the US dollar, especially if the news focuses exclusively on the situation in the United States.
During this time, not only does the dollar depreciate, but the Swiss franc also strengthens, further intensifying the downward trend in the USDCHF currency pair.

