- USD/CHF drops to 0.8155 among the renovated moods “sell America” in global markets.
- RSI confirms the bears of the momentum; The next goals are low YTD at 0.8083 and psychological support at 0.8000.
- Recovery requires a break above 0.8200, with a resistance of 0.8300 and the highest week last week at 0.8346.
USD/CHF expanded its losses during a Monday session in North America, which is a 0.60%decrease when Greenback weakened all over the board. An earlier risk impulse that has changed surprisingly positively, weighs American dollar (USD), which did not exploit its status, because trade “Sell America” is still gaining on financial markets. The pair trads below 0.8200 after reaching a six -week lowest level 0.8155.
USD/CHF price forecast: technical perspectives
Since reaching the highest level of 0.8346, the USD/CHF pair has fallen rapidly due to the overall weakness of the American dollar. Momentum measured by a relative force indicator (RSI) shows that sellers are taking momentum. This means that the major can test the falls until the year (YTD) on April 21, which is a low level of 0.8083. If this level is exceeded, the next stop would be 0.8000.
And vice versa, if USD/CHF declines below 0.8100, the next support would be the above -mentioned low YTD of 0.8083SD and figure 0.8000.
USD/CHF price chart – every day
Swiss price franc today
The table below shows the percentage change of Swiss franc (CHF) in relation to the main currencies. The Swiss French was the strongest in relation to the American dollar.
| USD | EUR | GBP | JPy | BOOR | Aud | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.85% | -0.62% | -0.81% | -0.27% | -0.97% | -1.32% | -0.78% | |
| EUR | 0.85% | 0.22% | 0.05% | 0.57% | -0.12% | -0.51% | 0.06% | |
| GBP | 0.62% | -0.22% | -0.15% | 0.36% | -0.34% | -0.74% | -0.16% | |
| JPy | 0.81% | -0.05% | 0.15% | 0.54% | -0.17% | -0.53% | -0.07% | |
| BOOR | 0.27% | -0.57% | -0.36% | -0.54% | -0.70% | -1.08% | -0.51% | |
| Aud | 0.97% | 0.12% | 0.34% | 0.17% | 0.70% | -0.33% | 0.28% | |
| NZD | 1.32% | 0.51% | 0.74% | 0.53% | 1.08% | 0.33% | 0.57% | |
| CHF | 0.78% | -0.06% | 0.16% | 0.07% | 0.51% | -0.28% | -0.57% |
The heat map shows percentage changes in the main currencies towards each other. The basic currency is collected from the left, and the quote currency is collected from the upper order. For example, if you choose the Swiss franc on the left column and move along the horizontal line to the American dollar, the percentage shift displayed in the field will represent CHF (base)/USD (quote).
