USD/CHF Price Forecast: Drops below 0.7800, bears target 0.7750
USD/CHF edges lower, breaching a key support trendline at around 0.7800 as the pair extends its downtrend, falling over 0.50% at the time of writing. The pair trades at 0.7789, as traders target the March 10 swing low at 0.7748.
  • USD/CHF breaks below 0.7800, confirming continuation of bearish trend.
  • RSI accelerates lower, signaling growing downside momentum pressure.
  • Break below 0.7775 exposes 0.7748 and 0.7700 support levels.

USD/CHF edges lower, breaching a key support trendline at around 0.7800 as the pair extends its downtrend, falling over 0.50% at the time of writing. The pair trades at 0.7789, as traders target the March 10 swing low at 0.7748.

USD/CHF Price Forecast: Technical outlook

From a technical perspective, the downtrend is resuming after sellers cleared the 0.7800 figure. Worth noting that the USD/CHF tested the April 17 0.7775 cycle low, but the pair recovered some ground. However, a daily close below that level opens the door to testing lower areas, such as the March 10 daily low at 0.7748, ahead of 0.7700.

Momentum is bearishly biased, as indicated by the Relative Strength Index (RSI), and is accelerating towards oversold territory. This indicates that sellers are gathering momentum.

On the flip side, for a bullish continuation, buyers must reclaim 0.7800, followed by the confluence of the 20-, 100-, and 50-day Simple Moving Averages (SMAs) at around 0.7836/58. Once surpassed, the next area of interest will be the 0.7900 figure.

USD/CHF Price Chart – Daily

USD/CHF daily chart

Swiss Franc Price This week

The table below shows the percentage change of Swiss Franc (CHF) against listed major currencies this week. Swiss Franc was the strongest against the Canadian Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.03% 0.03% -0.19% 0.32% -0.34% -0.99% -0.22%
EUR 0.03% 0.04% -0.18% 0.37% -0.26% -0.95% -0.15%
GBP -0.03% -0.04% -0.21% 0.30% -0.31% -1.00% -0.21%
JPY 0.19% 0.18% 0.21% 0.57% -0.10% -0.68% -0.03%
CAD -0.32% -0.37% -0.30% -0.57% -0.64% -1.26% -0.51%
AUD 0.34% 0.26% 0.31% 0.10% 0.64% -0.69% 0.10%
NZD 0.99% 0.95% 1.00% 0.68% 1.26% 0.69% 0.80%
CHF 0.22% 0.15% 0.21% 0.03% 0.51% -0.10% -0.80%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Swiss Franc from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent CHF (base)/USD (quote).

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LIVE QUOTES

Name / Symbol
Chart
% Change / Price
GBPUSD
1 D change
+0%
0
EURUSD
1 D change
+0%
0
USDJPY
1 D change
+0%
0

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