USD/CHF Price Forecast: Bullish piercing pattern surfaces, sights on 0.79
The USD/CHF forms a ‘bullish piercing’ chart pattern, which confirms further upside, but it faces key resistance at the 50-day Simple Moving Average (SMA) at 0.7868. At the time of writing, the pair is trading at 0.70% gains, around 0.7860.
  • USD/CHF forms bullish piercing pattern, signaling further upside potential.
  • RSI turns bullish as buyers reclaim the 100-day SMA.
  • Break above 0.7900 exposes 0.8000 and 0.8042 resistance.

The USD/CHF forms a ‘bullish piercing’ chart pattern, which confirms further upside, but it faces key resistance at the 50-day Simple Moving Average (SMA) at 0.7868. At the time of writing, the pair is trading at 0.70% gains, around 0.7860.

USD/CHF Price Forecast: Technical Outlook

Price action suggests the USD/CHF is consolidating below 0.7900, with buyers gathering momentum, as the pair cleared the 100-day SMA at 0.7834 and the Relative Strength Index (RSI) turned bullish.

On further strength, the USD/CHF can test the 0.7900 mark. Once surpassed, the next stop would be the 0.8000 mark, ahead of the April 6 daily high of 0.8018. A breach of the latter will expose the March 31 swing high at 0.8042, followed by 0.8100.

Downwards, if USD/CHF drops below the 100-day SMA, it would expose the 0.7800 mark. Below this level, the next support would be the May 8 daily low of 0.7761, followed by the March 10 daily low of 0.7748. Underneath the next area of interest would be 0.7700.

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 0.22% -0.06% 0.26% 0.28% 0.30% 0.91% 0.73%
EUR -0.22% -0.26% 0.00% 0.06% 0.14% 0.70% 0.49%
GBP 0.06% 0.26% 0.30% 0.34% 0.33% 0.94% 0.75%
JPY -0.26% 0.00% -0.30% 0.05% 0.06% 0.69% 0.47%
CAD -0.28% -0.06% -0.34% -0.05% 0.01% 0.62% 0.43%
AUD -0.30% -0.14% -0.33% -0.06% -0.01% 0.55% 0.40%
NZD -0.91% -0.70% -0.94% -0.69% -0.62% -0.55% -0.20%
CHF -0.73% -0.49% -0.75% -0.47% -0.43% -0.40% 0.20%

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