Nova FI Trader — USDCHF 5M Test (Free Set File Included) This test explores how USDCHF behaves on a lower timeframe using a structured momentum-confirmation approach. If you missed the previous 1H test, you can check it here: Previous USDCHF 1H Test The strategy is powered by Nova FI Trader, built around a simple principle:…
Nova FI Trader — USDCHF 1H Test (Free Set File Included) This test explores how USDCHF behaves on a structured timeframe using a momentum-confirmation approach. If you missed the previous BTC test, you can check it here: Previous BTCUSD 1H Test The strategy is powered by Nova FI Trader, built around a simple idea: momentum only…
Forex Stop Hunts Explained What is the best way to trade If there’s one forex trading tip that can truly transform how you see the market, it’s this: The forex market is driven by a constant quest to run stops. That statement may sound bold, but for many experienced traders, it’s one of the…
Fundamental Overview The USD strengthened a bit on Friday following some positive Trump’s comments on China as Treasury yields bounced and erased the Thursday’s losses. Overall, the US dollar performance has been mixed as markets have been driven by quick changes in risk sentiment since Trump’s tariffs threat. On the domestic side, the US government…
USD/CHF up 0.12% but trades below 20- and 50-day SMA confluence at 0.8019/23, keeping sellers in control. RSI bearish but flat, suggesting near-term consolidation unless breakout above 0.8000 or drop below 0.7900 occurs. Upside targets include 0.8025 and 100-day SMA at 0.8109; downside risks point to yearly low at 0.7872. USD/CHF advanced during the North…
USD/CHF pared away near-term gains, testing back into recent lows. The Fed is still on pace to deliver an interest rate cut next week despite another uptick in CPI inflation. The SNB is battling rate cut expectations of its own, with markets weighing odds of negative rates. USD/CHF chalked in a technical rejection of the…
USD/CHF capped by 20-day SMA and April trendline near 0.8000. RSI hints at building bullish momentum, though still below neutral. Bearish continuation may target July lows at 0.7919 and 0.7872. The USD/CHF consolidates during the North American session, is flat below the 0.8000 figure, poised to finish the week with 0.36% gains. A risk-off mood…
USD/CHF closes Friday up 0.04%, but logs 1.37% weekly drop to 1-month low at 0.8054. Bearish structure persists: lower highs/lows and weak RSI signal continued downside momentum. Key support lies at 0.8054 and 0.8038; breach may expose psychological 0.8000 level. Bulls need a break above 0.8147 to challenge 0.8200 and the 50-day SMA near 0.8257….
USD/CHF edges higher as the US Dollar appreciates, potentially driven by a technical correction. Trump’s import tariff on steel and aluminum rose to 50%, effective at 04:00 GMT. The recent Swiss data reinforced the odds of the SNB delivering a 25 basis point rate cut in June. USD/CHF remains stronger for the second successive session,…
The Franc surges nearly 1% as Trump’s tariff threats trigger risk aversion and deepen the US Dollar’s slide. USD/CHF breaks below 0.8250, nearing key support at May’s low of 0.8184. Bearish flag breakdown points to a possible test of the 2025 low at 0.8038. Traders pile into Swiss Franc as US protectionism and fiscal risks…