USD/CHF Price Forecast: Retreats below 0.8100 as ‘tweezer top’ forms
The USD/CHF stumbles on Thursday, losing some 0.34% during the North American session, as the Greenback’s six-day rally stalls amid falling US Treasury yields, despite a red-hot US Core PCE inflation reading.
  • Tweezers-top pattern signals pullback risk after six-day USD/CHF rally.
  • RSI remains overbought, hinting sellers may be stepping in.
  • Break below 0.8050 exposes 0.8000 and 200-day SMA support.

The USD/CHF stumbles on Thursday, losing some 0.34% during the North American session, as the Greenback’s six-day rally stalls amid falling US Treasury yields, despite a red-hot US Core PCE inflation reading. At the time of writing, the pair trades below the 0.8100 figure after reaching a YTD high of 0.8139.

USD/CHF Price Forecast: Technical outlook

After rallying for six straight days, the USD/CHF is forming a ‘tweezers-top’, a bearish chart pattern, which could open the door for a retracement, with the 0.8000 figure being the first zone of interest.

Momentum remains bullish, though with the Relative Strength Index (RSI) edging above the 70 oversold level, a dip suggests sellers are stepping in.

Hence, the USD/CHF might be headed for a short-term pullback. The first support is 0.8050, followed by 0.8000. A breach of the latter will expose the confluence of the June 17 daily low and the 200-day SMA at 0.7910.

On the upside, the first resistance for USD/CHF is 0.8100. If bulls reclaim that area, look for a test of the year-to-date high at 0.8139 ahead of challenging the 0.8200 mark.

USD/CHF Price Chart – Daily

USD/CHF daily chart

Swiss Franc Price Today

The table below shows the percentage change of Swiss Franc (CHF) against listed major currencies today. Swiss Franc was the strongest against the New Zealand Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.11% -0.23% -0.02% -0.25% -0.20% 0.00% -0.32%
EUR 0.11% -0.09% 0.13% -0.11% -0.06% 0.16% -0.17%
GBP 0.23% 0.09% 0.21% -0.00% 0.03% 0.26% -0.08%
JPY 0.02% -0.13% -0.21% -0.24% -0.19% -0.00% -0.31%
CAD 0.25% 0.11% 0.00% 0.24% 0.04% 0.27% -0.08%
AUD 0.20% 0.06% -0.03% 0.19% -0.04% 0.20% -0.09%
NZD -0.01% -0.16% -0.26% 0.00% -0.27% -0.20% -0.34%
CHF 0.32% 0.17% 0.08% 0.31% 0.08% 0.09% 0.34%

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).

More than a million users rely on FXStreet for real-time market data, charting tools, expert insights, and forex news. Its comprehensive economic calendar and educational webinars help traders stay informed and make calculated decisions. FXStreet is supported by a team of about 60 professionals, split between the Barcelona headquarters and various global regions.
Read More

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

ALL ABOUT FOREX

Explore More Tools
Trading Academy
Browse a wide range of educational articles covering trading strategies, market insights, and financial fundamentals, all in one place.
Learn More
Courses
Explore structured trading courses designed to support your growth at every stage of your trading journey.
Learn More
Webinar
Join live and on-demand webinars to gain real-time market insights and trading strategies from industry experts.
Learn More