USD/CHF Price Forecast: Bearish momentum gains traction below 0.7900
The US Dollar (USD) accelerated its reversal against the Swiss Franc (CHF) on Wednesday, as investors pared back US Dollar long positions following the announcement of a ceasefire in Iran.
  • USD/CHF accelerates its reversal below 0.7900 amid a higher risk appetite.
  • A two-week ceasefire in Iran has boosted investors' mood.
  • The pair has broken the bullish structure from late-February lows.

The US Dollar (USD) accelerated its reversal against the Swiss Franc (CHF) on Wednesday, as investors pared back US Dollar long positions following the announcement of a ceasefire in Iran. The pair’s reversal from weekly highs right above 0.8000 extended to session lows near 0.7870 before picking up to the 0.7890 area at the time of writing.

The Greenback tumbled across the board following news reporting that the US and Iran had reached an agreement to stop the hostilities for two weeks, and allow safe passage for Gas and Oil tankers through the Strait of Hormuz.

Technical Analysis: USD/CHF breaks the bullish trendline support

Chart Analysis USD/CHF


The USD/CHF has slipped back below the ascending trendline support, confirming the end of the bullish cycle from February 27 lows. and providing bears confidence for a deeper correction.

The Relative Strength Index (RSI) hovers near 30 after dropping from above 60, signaling building downside momentum. The Moving Average Convergence Divergence (MACD) indicator holds below its signal line in negative territory, endorsing the view that rallies toward the recent breakdown area will face selling pressure.

The pair is now featuring a frail recovery attempt, but the support area between the 50% Fibonacci retracement of the March rally and 0.7860 and March 23 lows at 0.7835 is likely to attract selling pressure. On the upside, previous support at 0.7905 (April 1 low) is likely to act now as resistance ahead of the broken trendline, now at 0.7965.

(The technical analysis of this story was written with the help of an AI tool.)

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 Canadian Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.76% -1.04% -0.73% -0.10% -0.91% -1.44% -1.08%
EUR 0.76% -0.30% 0.02% 0.66% -0.17% -0.74% -0.34%
GBP 1.04% 0.30% 0.30% 0.96% 0.17% -0.41% -0.04%
JPY 0.73% -0.02% -0.30% 0.64% -0.15% -0.72% -0.34%
CAD 0.10% -0.66% -0.96% -0.64% -0.78% -1.34% -0.99%
AUD 0.91% 0.17% -0.17% 0.15% 0.78% -0.58% -0.20%
NZD 1.44% 0.74% 0.41% 0.72% 1.34% 0.58% 0.38%
CHF 1.08% 0.34% 0.04% 0.34% 0.99% 0.20% -0.38%

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).


Mais de um milhão de usuários confiam na FXStreet para dados de mercado em tempo real, ferramentas de gráficos, insights de especialistas e notícias de Forex. Seu calendário econômico abrangente e webinars educacionais ajudam os traders a se manterem informados e tomarem decisões calculadas. A FXStreet conta com uma equipe de cerca de 60 profissionais, divididos entre a sede em Barcelona e diversas regiões globais.
Ler mais

COTAÇÕES AO VIVO

Nome / Símbolo
Gráfico
% Variação / Preço
GBPUSD
Variação 1 dia
+0%
0
EURUSD
Variação 1 dia
+0%
0
USDJPY
Variação 1 dia
+0%
0

TUDO SOBRE FOREX

Explore Mais Ferramentas
Academia de Trading
Navegue por uma ampla gama de artigos educacionais cobrindo estratégias de trading, insights de mercado e fundamentos financeiros, tudo em um só lugar.
Saiba Mais
Cursos
Explore cursos de trading estruturados projetados para apoiar seu crescimento em cada etapa de sua jornada de trading.
Saiba Mais
Webinar
Participe de webinars ao vivo e sob demanda para obter insights de mercado em tempo real e estratégias de trading de especialistas da indústria.
Saiba Mais