The Swiss Franc and the Japanese Yen have since been know to be polar opposites for cash flow when it comes to the dollar; Meaning, when Institutional money flows out from the dollar, it often flows into these currencies as "Safe Haven" fiat Denominations and Record Low interest rates in their respective economies.
Here we have the Swiss Franc Index Chart from TVC and we can observe Range dynamics forming on the Weekly timeframe
tradingview.com/x/rjWSa9co//
SXY
With a pin bar on the weekly, dropping down to the daily, we have a clear idea loading up to be a bearish signal.

What does this mean??
Well, for starters, if the Swiss franc is weak, one can look to trade asset pairs that involve the swiss franc,
For example, the Dollar/Swissy or the Pound Swissy

USDCHF

GBPCHF
etc.
The best way to trade this would be to pair it with a polar opposite. In simple terms, weak CHF, strong Paired Asset = Trending Asset Pair
Here are some Ideas on
USDCHF

Follow for more : )
Here we have the Swiss Franc Index Chart from TVC and we can observe Range dynamics forming on the Weekly timeframe
tradingview.com/x/rjWSa9co//
With a pin bar on the weekly, dropping down to the daily, we have a clear idea loading up to be a bearish signal.
What does this mean??
Well, for starters, if the Swiss franc is weak, one can look to trade asset pairs that involve the swiss franc,
For example, the Dollar/Swissy or the Pound Swissy
etc.
The best way to trade this would be to pair it with a polar opposite. In simple terms, weak CHF, strong Paired Asset = Trending Asset Pair
Here are some Ideas on
Follow for more : )
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.