USD/CHF declines as soft US data and bearish technicals weigh on pair
The Swiss Franc (CHF) continued to appreciate against the US Dollar (USD) on Thursday, following a slightly soft US jobs report overshadowed by Wednesday’s Nonfarm Payrolls print. Despite this, the Greenback has failed to rally and USD/CHF trades at 0.7700, down 0.22%.
  • USD/CHF drifts lower as soft US jobless claims data caps Dollar recovery after strong NFP.
  • Technical bias remains bearish, with RSI aligned to signal sustained downside momentum.
  • A break below 0.7600 exposes 0.7550 and 0.7500, while rebounds face resistance near 0.7780.

The Swiss Franc (CHF) continued to appreciate against the US Dollar (USD) on Thursday, following a slightly soft US jobs report overshadowed by Wednesday’s Nonfarm Payrolls print. Despite this, the Greenback has failed to rally and USD/CHF trades at 0.7700, down 0.22%.

USD/CHF Price Forecast: Technical outlook

The technical picture shows USD/CHF is downward biased, with momentum in sync as depicted by the Relative Strength Index (RSI).

Although USD/CHF bottomed out at around 0.7600 and recovered towards 0.7800, the pair has already registered a lower high, paving the way for further downside. Since peaking, the pair edged towards 0.7627 before resuming its upward trend and for the last three trading days, it has consolidated within 0.7600-0.7700.

For a bearish continuation, sellers must clear 0.7600, which could open the door for further downside. The first key support level would be 0.7550, followed by 0.7500.

Conversely, if USD/CHF surpasses 0.7700, the first resistance would be the 20-day Simple Moving Average (SMA) at 0.7780. A breach of the latter will expose 0.7800, followed by the December 24 daily low turned resistance at 0.7861. Up next lies 0.7900.

USD/CHF Daily Chart

USD/CHF Daily Chart

US Dollar Price Today

The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Australian Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD 0.02% -0.01% -0.21% 0.27% 0.40% 0.19% -0.23%
EUR -0.02% -0.03% -0.22% 0.25% 0.37% 0.17% -0.25%
GBP 0.01% 0.03% -0.19% 0.29% 0.41% 0.20% -0.22%
JPY 0.21% 0.22% 0.19% 0.47% 0.60% 0.36% -0.02%
CAD -0.27% -0.25% -0.29% -0.47% 0.13% -0.09% -0.50%
AUD -0.40% -0.37% -0.41% -0.60% -0.13% -0.20% -0.62%
NZD -0.19% -0.17% -0.20% -0.36% 0.09% 0.20% -0.42%
CHF 0.23% 0.25% 0.22% 0.02% 0.50% 0.62% 0.42%

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 US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (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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