ðĨ NEW: USDCHF ðĨ UT SWING ðĨ
SLO @ 0.9085
TP4 @ 0.9070
TP3 @ 0.9020
TP2 @ 0.8915
TP1 @ 0.8850
BSO @ 0.8785
The USDCHF pair has historically held the highest rated positive correlation to the DXY.
The correlation coefficient between these two pairs is typically around +0.90, which means that they move in the same direction most of the time.
This is because the Swiss Franc is seen as a safe haven currency, and when investors are looking for safety, they tend to buy USD/CHF.
Timeframe Average ATR
1D 70 pips
4H 40 pips
1H 27 pips
30M 17 pips
15M 13 pips
10M 11 pips
5M 9 pips
1M 11 pips
TP4 @ 0.9070
TP3 @ 0.9020
TP2 @ 0.8915
TP1 @ 0.8850
BSO @ 0.8785
The USDCHF pair has historically held the highest rated positive correlation to the DXY.
The correlation coefficient between these two pairs is typically around +0.90, which means that they move in the same direction most of the time.
This is because the Swiss Franc is seen as a safe haven currency, and when investors are looking for safety, they tend to buy USD/CHF.
Timeframe Average ATR
1D 70 pips
4H 40 pips
1H 27 pips
30M 17 pips
15M 13 pips
10M 11 pips
5M 9 pips
1M 11 pips
Professor C. E. Ward
