USDCHF

(Last Updated July 14, 2020)

Hello! This is the news page for USDCHF. Below you’ll find our daily market updates. Here’s a technical analysis summary of where things currently stand:

The Trend

On USDCHF, there is currently a downtrend on the 90, 30 and 14 day timeframes.

USDCHF Moving Averages

The moving averages on USDCHF indicate a trend that is clearly bearish.

Below is a chart showing USDCHF’s price with its moving averages.

As for assets in the Forex asset class USDCHF has been correlated to over the past week, it has been most correlated with USDCAD. If we zoom out to a two week basis, though, the asset showing the strongest correlation to USDCHF is GBPUSD. Alternatively, the asset least correlated with USDCHF over the past week has been GBPAUD, but if we observe the prior two weeks, CADJPY has been the asset least correlated with USDCHF. The chart below illustrates USDCHF against its least correlated assets.

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The View From the Weekly Timeframe

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