USD/CHF Price Forecast: Bulls reclaim 0.8100 after SMA bounce

Source Fxstreet
  • USD/CHF snaps two-day slide after defending 50-day SMA support.
  • RSI crosses above neutral, confirming buyers regain near-term control.
  • Break above 0.8150 exposes 0.8200 and yearly high.

The USD/CHF snaps two days of losses and rises by over 0.60% on Thursday after solid US jobs data. Also, buyers stepped in at key support at the 50-day Simple Moving Average (SMA) of 0.8052, pushing the pair back above the 0.8100 threshold.

USD/CHF Price Forecast: Technical outlook

The USD/CHF uptrend remains intact, with the market structure of higher highs and higher lows, continued to be respected. Also, momentum, as depicted in the Relative Strength Index (RSI) shows that buyers are in control, as the index crosses above its 50-neutral level.

Given the backdrop, the pair faces key resistance at 0.8150. Once breached, a move towards 0.8200 is on the cards. Above lies the yearly high of 0.8207, which once cleared, would extend the USD/CHF rally towards the June 4, 2025, cycle high at 0.8250. Up next is 0.8300.

On the downside, the first support for USD/CHF would be at 0.8100. If spot prices fall below the 50-day SMA at 0.8052 emerges as the next floor level, followed by the 0.8000 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 Japanese Yen.

USD EUR GBP JPY CAD AUD NZD CHF
USD 0.30% 0.11% 0.44% 0.06% 0.39% 0.34% 0.69%
EUR -0.30% -0.19% 0.15% -0.24% 0.07% 0.05% 0.39%
GBP -0.11% 0.19% 0.34% -0.06% 0.26% 0.22% 0.59%
JPY -0.44% -0.15% -0.34% -0.39% -0.06% -0.09% 0.27%
CAD -0.06% 0.24% 0.06% 0.39% 0.33% 0.31% 0.65%
AUD -0.39% -0.07% -0.26% 0.06% -0.33% -0.02% 0.30%
NZD -0.34% -0.05% -0.22% 0.09% -0.31% 0.02% 0.38%
CHF -0.69% -0.39% -0.59% -0.27% -0.65% -0.30% -0.38%

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.
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