- USD/CHF closes on Friday by 0.04%, but logs in 1.37% of a weekly decline to a 1-month low level 0.8054.
- Barish Structure persists: lower ups/downs and a faint RSI signal continued the rush down.
- Key support lies at 0.8054 and 0.8038; The violation can reveal the psychological level of 0.8000.
- Bulls need a break above 0.8147 to challenge 0.8200 and 50-day SMA near 0.8257.
USD/CHF ended a Friday session with an boost of over 0.04%, but during the week it dropped by 1.37% to one month of 0.8054. At the time of writing, the pair trads at 0.8104 due to increased dollar demand in connection with risk aversion.
USD/CHF price forecast: technical perspectives
USD/CHF is bears, due to the price pattern of lower levels and lower low levels, which indicates that sellers have control. In addition, the relative force indicator (RSI) was recorded by a lower low, indicating the territory of the bear. After saying, the path of the slightest resistance is tilted to the minus.
If USD/CHF drops below 0.8100, the next level of support would be the lowest level of June 13 0.8054. After further weakening of the steam fall, it may extend to 0.8038, before 0.8000.
On the other hand, the decisive break at the highest level of 0.8147 on June 13 can open the 0.82 testing door, followed by a 50-day straight movable medium (SMA) at 0.8057.
USD/CHF price chart – every day
Swiss price this week
The table below shows the percentage change of Swiss franc (CHF) in relation to the main currencies this week. The Swiss French was the strongest in relation to the Australian dollar.
| USD | EUR | GBP | JPy | BOOR | Aud | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -1.33% | -0.29% | -0.52% | -0.82% | 0.15% | 0.09% | -1.29% | |
| EUR | 1.33% | 1.00% | 0.82% | 0.51% | 1.53% | 1.36% | 0.04% | |
| GBP | 0.29% | -1.00% | -0.10% | -0.49% | 0.53% | 0.38% | -0.91% | |
| JPy | 0.52% | -0.82% | 0.10% | -0.30% | 0.63% | 0.50% | -0.84% | |
| BOOR | 0.82% | -0.51% | 0.49% | 0.30% | 0.86% | 0.84% | -0.46% | |
| Aud | -0.15% | -1.53% | -0.53% | -0.63% | -0.86% | -0.18% | -1.43% | |
| NZD | -0.09% | -1.36% | -0.38% | -0.50% | -0.84% | 0.18% | -1.24% | |
| CHF | 1.29% | -0.04% | 0.91% | 0.84% | 0.46% | 1.43% | 1.24% |
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 Frank 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).
