USD/CHF Price Forecast: Slides below 200-day SMA, bears gain steam
The USD/CHF retreats some 0.85% on Wednesday after failing to clear the April 7 daily high of 0.8010, and as the pair slides beneath the 200-day SMA of 0.7940, as market sentiment gets lifted by a two-week ceasefire in the Middle East conflict.
  • USD/CHF drops below 200-day SMA as risk sentiment improves sharply.
  • RSI turns lower, signaling growing bearish momentum in near term.
  • Failure to reclaim 0.7940 exposes 0.7812 support and deeper downside.

The USD/CHF retreats some 0.85% on Wednesday after failing to clear the April 7 daily high of 0.8010, and as the pair slides beneath the 200-day SMA of 0.7940, as market sentiment gets lifted by a two-week ceasefire in the Middle East conflict. The pair trades at 0.7909 after reaching a high of 0.7980.

USD/CHF Price Forecast: Technical Outlook

Despite retreating, the USD/CHF remains upward-biased, bouncing off key support at the March 3 daily high, which turned into support at 0.7879, reclaiming the 100-day Simple Moving Average (SMA) at 0.7886, and climbing above 0.7900.

The Relative Strength Index (RSI) is above the neutral level but is plunging and poised to turn bearish, an indication that sellers are gaining momentum. Should price action follow suit the RSI, the USD/CHF could challenge the 50-day SMA at 0.7812 in the short term.

Otherwise, if USD/CHF climbs back above the 200-day SMA at 0.7940, a move back towards 0.8000 is on the cards..

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 US Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.63% -0.83% -0.63% -0.27% -0.98% -1.52% -0.80%
EUR 0.63% -0.21% 0.00% 0.36% -0.35% -0.94% -0.19%
GBP 0.83% 0.21% 0.21% 0.58% -0.11% -0.68% 0.03%
JPY 0.63% 0.00% -0.21% 0.36% -0.31% -0.88% -0.17%
CAD 0.27% -0.36% -0.58% -0.36% -0.68% -1.24% -0.54%
AUD 0.98% 0.35% 0.11% 0.31% 0.68% -0.57% 0.14%
NZD 1.52% 0.94% 0.68% 0.88% 1.24% 0.57% 0.72%
CHF 0.80% 0.19% -0.03% 0.17% 0.54% -0.14% -0.72%

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