USD/CHF Price Forecast: Eyes 0.80 as inverse head-and-shoulders breakout holds

Source Fxstreet
  • USD/CHF holds bullish bias after inverse head-and-shoulders neckline break.
  • RSI flattens near 65, signaling buyers retain upside momentum.
  • Break above 0.8000 exposes 0.8050 and 0.8100 resistance.

The USD/CHF advances some 0.11% trades near nine-week highs of 0.7991 as risk aversion boosted the Greenback, which has trimmed some earlier losses, to challenge the 0.8000 figure.

USD/CHF Price Forecast: Technical outlook

Price action shows the USD/CHF is bullish-biased after an ‘inverse head-and-shoulders’ was confirmed by a break of the neckline, which opened the door for further gains.

Momentum is also bullish, as shown by the Relative Strength Index (RSI), which turned flattish near the 65 level, suggesting that buyers are gathering momentum.

If USD/CHF climbs above 0.8000, the next stop would be the ‘inverse head-and-shoulders’ measured objective near the 0.8040-0.8050 area. A breach of the latter will expose the 0.8100 mark ahead of testing the November 5, 2025 swing high at 0.8124. Once those levels are hurdled, 0.8200 is up next.

Downwards, the first support is the June 5 daily high at 0.7968. Below this level lies 0.7950 ahead of the 200-day Simple Moving Average (SMA) at 0.7907.

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 Australian Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.09% -0.31% 0.13% -0.05% 0.21% -0.12% 0.05%
EUR 0.09% -0.20% 0.22% 0.03% 0.35% 0.00% 0.17%
GBP 0.31% 0.20% 0.43% 0.25% 0.52% 0.21% 0.37%
JPY -0.13% -0.22% -0.43% -0.17% 0.09% -0.22% -0.06%
CAD 0.05% -0.03% -0.25% 0.17% 0.27% -0.04% 0.12%
AUD -0.21% -0.35% -0.52% -0.09% -0.27% -0.31% -0.16%
NZD 0.12% -0.01% -0.21% 0.22% 0.04% 0.31% 0.15%
CHF -0.05% -0.17% -0.37% 0.06% -0.12% 0.16% -0.15%

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).

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Will the Tech Rally Continue? The Technical Verdict on the NASDAQ 100 Riding a massive 32% post-earnings wave, the Nasdaq-100 is showing its first signs of exhaustion. We break down crucial exit and entry rules for long positions this week.
Author  Mitrade Team
6 Month 05 Day Fri
Riding a massive 32% post-earnings wave, the Nasdaq-100 is showing its first signs of exhaustion. We break down crucial exit and entry rules for long positions this week.
placeholder
Oil Rallies Near $96 as Hezbollah Rejects Ceasefire, Choking Hormuz FlowsOil prices advanced on Friday, pushing Brent toward $96, after Hezbollah rejected a U.S.-brokered ceasefire. The diplomatic breakdown stalls broader U.S.-Iran peace talks and keeps vital Strait of Hormuz oil flows restricted.
Author  Mitrade Team
6 Month 05 Day Fri
Oil prices advanced on Friday, pushing Brent toward $96, after Hezbollah rejected a U.S.-brokered ceasefire. The diplomatic breakdown stalls broader U.S.-Iran peace talks and keeps vital Strait of Hormuz oil flows restricted.
placeholder
US Futures Edge Up Post-Rout Despite Iran-Israel Clash and Hawkish Fed RisksU.S. equity futures stabilized Sunday as tech shares attempted a recovery, though gains were capped by escalating Middle East hostilities and fears of prolonged Federal Reserve monetary tightening.
Author  Mitrade Team
6 Month 08 Day Mon
U.S. equity futures stabilized Sunday as tech shares attempted a recovery, though gains were capped by escalating Middle East hostilities and fears of prolonged Federal Reserve monetary tightening.
placeholder
Market Flash: Oil Surges 5% on Israel-Iran Strikes, Gold Crumbles Below $4,300 Oil prices surged 5% following direct Israel-Iran strikes, while gold tumbled below $4,300 as a blowout U.S. jobs report fueled intense market anxieties over a December Federal Reserve rate hike.
Author  Mitrade Team
19 hours ago
Oil prices surged 5% following direct Israel-Iran strikes, while gold tumbled below $4,300 as a blowout U.S. jobs report fueled intense market anxieties over a December Federal Reserve rate hike.
placeholder
Markets on a Wire: Imminent US Inflation Data Threatens to Lock In Fed Rate Hikes Imminent CPI and PPI data threaten to lock in a hawkish Federal Reserve rate hike cycle, leaving gold, tech equities, and Bitcoin highly vulnerable to a programmatic sell-off.
Author  Mitrade Team
19 hours ago
Imminent CPI and PPI data threaten to lock in a hawkish Federal Reserve rate hike cycle, leaving gold, tech equities, and Bitcoin highly vulnerable to a programmatic sell-off.
Related Instrument
goTop
quote