Today’s free forex signals service is a buy on the USD/CHF as we expect the market to observe the Dollar’s upside in the wake of risk-off sentiment. Dollar versus Swiss Franc remains subdued ahead of Tuesday’s European session. The USD/CHF pair declined following a pullback after testing monthly highs above 0.9300 over the night. The USD/CHF pair is currently trading at 0.9274, down 0.01% on the day. Concerns over China’s second-largest real estate developer, Evergrande’s default, and the risk of shock waves spreading outside China drive returns on the US 10-year benchmark to 1.31%, up 0.26%. A measure of the dollar’s value against six major currencies, the US Dollar Index (DXY), crossed into moderately negative territory at 93.20, losing 0.02%. FOMC policy meeting begins Wednesday, which remains a concern for investors. It’s expected that the Fed will begin to taper its monthly asset purchases soon. Get FREE Forex Signals Now! The S&P 500 futures are trading at 4,357.33, down 1.70 percent. When the willingness to take risks declines, the Swiss franc retains several reasons for its attractiveness as a safe haven. The recent influx of foreign direct investment into Swiss stocks, on the other hand, has contributed to the strong performance of the Swiss currency. In addition, the Swiss government has lowered its forecast for economic growth this year by 3.2%. Specifically, the State Secretariat for Economic Affairs (SECO) attributed the decrease in growth forecasts to a slower recovery in the global economy, supply chain bottlenecks, and accelerated response to the Coronavirus. Traders are waiting for the Swiss trade balance, the US current account, and building permits to find fresh impetus for trading. -Are you looking for the best CFD broker? Check our detailed guide- Free forex signals – Buy USD/CHF at 0.9287 Instrument: USD/CHF Order Type: BUY STOP Entry price: 0.9287 Stop Loss: 0.9257 TP1: 0.9332 Our Risk Setting: 1% Risk / Reward Ratio: 1:1.54 Looking to trade forex now? Invest at eToro! Trade Forex Now! 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Saqib Iqbal Saqib Iqbal Saqib Iqbal is a market analyst, prop fund trader and mentor, serving the industry with his analysis and educational content since 2011. The author has great exposure to different financial markets and institutions. He's well-known for his day trading reviews and multiple timeframe analysis. View All Post By Saqib Iqbal Forex Trading Signals share Read Next Cardano Price Prediction: A Recovery Coming Soon? Gerald Fenech 7 months Today's free forex signals service is a buy on the USD/CHF as we expect the market to observe the Dollar's upside in the wake of risk-off sentiment. Dollar versus Swiss Franc remains subdued ahead of Tuesday's European session. The USD/CHF pair declined following a pullback after testing monthly highs above 0.9300 over the night. The USD/CHF pair is currently trading at 0.9274, down 0.01% on the day. Concerns over China's second-largest real estate developer, Evergrande's default, and the risk of shock waves spreading outside China drive returns on the US 10-year benchmark to 1.31%, up 0.26%. A measure of the… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk.2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk.3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk.4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk.5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.