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).

Higit sa isang milyong user ang umaasa sa FXStreet para sa real-time market data, charting tools, expert insights, at Forex news. Ang komprehensibong economic calendar at educational webinars nito ay tumutulong sa mga trader na manatiling may alam at gumawa ng kalkuladong mga desisyon. Sinusuportahan ang FXStreet ng humigit-kumulang 60 propesyonal sa pagitan ng Barcelona HQ at iba’t ibang rehiyon sa buong mundo.
Magbasa pa

LIVE QUOTES

Pangalan / Simbolo
Tsart
% Pagbabago / Presyo
GBPUSD
1 araw na pagbabago
+0%
0
EURUSD
1 araw na pagbabago
+0%
0
USDJPY
1 araw na pagbabago
+0%
0

LAHAT TUNGKOL SA FOREX

Galugarin ang Higit pang mga Tool
Trading Academy
Mag-browse ng malawakang hanay ng mga educational na artikulo na sumasaklaw sa mga trading strategy, market insights, at financial fundamentals, lahat sa isang lugar.
Matuto pa
Mga Kurso
Galugarin ang mga structured na trading course na idinisenyo upang suportahan ang inyong paglago sa bawat yugto ng inyong trading journey.
Matuto pa
Webinar
Sumali sa mga live at on-demand na webinar upang makakuha ng real-time na market insights at trading strategies mula sa mga eksperto sa industriya.
Matuto pa