USDCHF STATISTICS
The US Dollar against the Swiss Franc. USDCHF accounted for 4.4% of the Foreign Exchange market volume in 2016. The Swiss Franc is the official currency of Switzerland, Liechtenstein, and Campione d’ Italia.
◙ USDCHF SEASONAL PATTERNS:
According to our data {2000-2018}, these are the best months to go long/short on USDCHF:
- BEST MONTHS FOR LONG TRADES (↑)
MAY, average returns +0.45%, times (10-9), and +0.27% momentum
RECENT 5 PERIODS: 3 bullish out of 5
RELIABILITY: NOT a reliable seasonal pattern (☆)
- OCTOBER, average returns +0.15%, times (10-8), and +0.23% momentum
RECENT 5 PERIODS: 5 bullish out of 5
RELIABILITY: a reliable pattern only after 2012 (☆☆)
BEST MONTHS FOR SHORT TRADES (↓)
- JUNE, average negative returns -0.92%, times (6-13), and -0.87% momentum
RECENT 5 PERIODS: 3 bearish out of 5
RELIABILITY: not a very reliable seasonal pattern (☆☆)
- DECEMBER, average negative returns -1.64%, times (7-11), and -0.95% momentum
RECENT 5 PERIODS: 3 bearish out of 5
RELIABILITY: NOT a very reliable pattern, in recent years. However, historically, strong and extended bearish movements occurred in December. December is the month to ‘run your profits’ if you go ‘Short’ on USDCHF (☆☆)
◘ USDCHF AND BONDS CORRELATION
The rates of US Bonds show a historical correlation to USDCHF. The Swiss Franc along with the Japanese Yen offer traditionally very low interest rates. Hence, if US rates start moving higher investors tend to go long on USDCHF to implement carry-trading strategies. In other words, they go long on USD against the CHF to collect the positive USDCHF overnight rate.
◘ USD/CHF Central Banks
» US Federal Reserve | » Swiss Central Bank |
◘ COMPARE USD/CHF BROKERS & TRADING TERMS
In the following table, you may find a basic comparison of regulated USD/CHF Forex Brokers.
Table: Compare USD/CHF Forex Trading Cost
USDCHF FOREX BROKER |
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□ USDCHF SPREAD |
1.7 pip on USDCHF (without trading commissions) |
0.19-0.80 pip on USDCHF |
0.92 pip on USDCHF |
0.9 pip on USDCHF |
□ TRADING COMMISSIONS |
NO |
YES $7/full traded lot |
YES $7/full traded lot |
YES $7/full traded lot |
□ PLATFORMS |
MT4/MT5 RStocks Trader |
MT4/MT5 Ctrader |
MT4/MT5 |
MT4/MT5 |
□ AUTO-TRADING |
Fully Allowed Free VPS |
Fully Allowed
Free VPS |
Fully Allowed Free VPS NY4 and LD5 IBX Equinix |
Fully Allowed |
□ REGULATION |
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□ ACCOUNT INFO |
35 Forex pairs Min. Deposit: 200 USD Funding Methods: Cards | Bank Wire | Skrill PerfectMoney | Neteller » Review RoboForex |
65 Forex pairs Min. Deposit: 200 USD Funding Methods: Credit Cards | Bank Wire Skrill | PayPal | Neteller |
61 Forex pairs Min. Deposit: 200 USD Funding Methods: Credit Cards | Bank Wire Skrill | UnionPay | Neteller |
65 Forex pairs Min. Deposit: 100 USD Funding Methods: Credit Cards | Bank Wire UnionPay | Neteller |
□ WEBSITE
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» IC Trading Website |
■ USD/CHF
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