Trading the Breaks Ahead of USD GDP and CHF KOF —- USD/CHF

Share USD/CHF has a potentially good setup depending on fundamental direction to “trade the break” ahead of United States GDP data and the Switzerland KOF report both due out tomorrow (see below for definitions of both). Right now USD/CHF is trading around 1.0520 with immediate support on the hourly chart sitting at 1.0510 shown by the [...]

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Swiss miss

Share The Swiss franc, popularly known as Swissy among the forex trading crowd, was made the official currency of the Helvetic republic way back in 1798. The code CHF which is currently assigned to the currency is the acronym of the Latin Confoederatio Helvetica franc. The Helvetic republic has since changed its name to Switzerland, but [...]

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