EUR/CHF Chart

If you’re looking for a more stable currency pair, EURCHF might be a smart choice. It combines the euro (EUR) with the Swiss franc (CHF), offering a calmer trading experience than more volatile pairs. Thanks to strong economies on both sides, EURCHF usually moves within tight ranges, making it appealing for cautious traders or those just getting started.

Let’s take a closer look at how this pair works and what to watch out for when trading it.

What Is EURCHF?

EURCHF shows how many Swiss francs are needed to buy one euro. If the exchange rate is 1.05, then 1 euro equals 1.05 CHF.

In this pair:

• EUR is the base currency
• CHF is the quote currency

When you go long on EURCHF, you buy euros and sell francs, expecting the euro to rise.
When you go short, you sell euros and buy francs, expecting the euro to fall.

Because the Swiss franc is seen as a safe-haven currency, it tends to hold value well, especially during times of global stress. That stability is part of what makes EURCHF so attractive to long-term and range-focused traders.

Why EURCHF Is Worth Trading

This pair stands out for its predictability. While other currency pairs can swing wildly, EURCHF often trades within a more defined range. That makes it easier to plan trades, especially for strategies like range or position trading.

The Swiss franc’s reputation for stability adds another layer of calm. In times of global uncertainty, investors often turn to the CHF, which can create subtle but tradable moves in EURCHF. On the other side, the euro responds more to broader economic shifts across the Eurozone.

EURCHF is most active during the European trading session, typically from 8:00 AM to 4:00 PM GMT. That’s when both the Eurozone and Swiss markets are open, leading to tighter spreads and better execution.

What Moves EURCHF?

While the pair is calm, it’s not immune to movement. Here are the key factors that drive it:

1. Central bank policies
The Swiss National Bank (SNB) and the European Central Bank (ECB) both influence the pair. Rate changes or monetary policy updates from either bank can affect price direction. If the SNB signals concern about inflation and raises rates, the CHF may strengthen, pulling EURCHF down.

2. Economic data
Reports like GDP, inflation, and unemployment figures from Switzerland and the Eurozone can cause small but tradable shifts. Positive Swiss data may strengthen the franc. Strong Eurozone data can lift the euro.

3. Global risk sentiment
Since the Swiss franc is a safe-haven currency, global uncertainty often causes money to flow into it. This can push EURCHF lower. When things are calm, traders may move back into riskier assets, weakening the CHF and raising EURCHF.

Best Times to Trade EURCHF

Your best bet is to trade EURCHF during the European session. That’s when volume is high, and spreads are low. It’s also when most key data releases and central bank updates happen.

Outside those hours — especially during the Asian session — the market tends to quiet down. Spreads widen, and movements are limited. For that reason, many EURCHF traders focus on European hours only.

Simple EURCHF Trading Strategies

Range trading
EURCHF often bounces between support and resistance levels. Traders use this behavior to buy low and sell high within the range. It’s ideal for calm markets and works well when volatility is low.

Breakout trading
When EURCHF breaks out of its usual range, it’s often driven by central bank decisions or big news. Traders wait for the breakout and ride the momentum. Look for volume spikes and news triggers to confirm.

Position trading
This strategy is for patient traders. By focusing on long-term trends tied to economic data or central bank policies, you can hold positions for weeks or months. It works well with a pair as steady as EURCHF.

Long vs. Short: Choosing a Direction

Going long
Buy EURCHF if you think the euro will rise or the Swiss franc will weaken. This may happen if the ECB is raising rates or Swiss data disappoints.

Going short
Sell EURCHF if you expect the euro to fall or the franc to gain. This setup is common during times of global fear, when traders rush into safe assets like the CHF.

Smart traders use both approaches, switching between long and short positions based on current conditions.

Final Thoughts

EURCHF won’t give you explosive moves every day, but that’s exactly why many traders like it. Its consistency, low volatility, and strong fundamentals make it a reliable pair for building a steady forex strategy.

Whether you prefer range trading, long-term positions, or just want a calmer pair to trade during the European session, EURCHF is a great option to consider.