0.831
Today
+0.34%
5 Days
+1.20%
1 Month
+3.41%
6 Months
+4.07%
Year to Date
+4.94%
1 Year
+4.31%
Opening Price
0.828Previous Closing Price
0.829
The upside prevails as long as 0.8287 is support, with 0.8330 and 0.8340 as targets
below 0.8287, expect 0.8270 and 0.8260.
The upside prevails as long as 0.8287 is support, with 0.8330 and 0.8340 as targets
USD/CHF extends its gains for the fourth consecutive trading day, hovering near fresh 16-month high of 0.8314 during European hours on Monday. The pair rises as the US Dollar (USD) gains strength from hawkish comments made by Federal Reserve (Fed) officials.
The USD/CHF pair attracts some follow-through buying for the fourth straight day, hitting a fresh high since May 2025 during the Asian session on Monday. Bulls now await acceptance above the 0.8300 mark before positioning for further gains amid a supportive fundamental backdrop.
USD/CHF holds firm on Friday even as the US Dollar (USD) pulls back slightly after a strong weekly rally. The move has done little to lift the Swiss franc (CHF), with the pair hovering around 0.8285, near levels last seen in May 2025. USD/CHF is on track for a fourth consecutive weekly gain.
UOB’s Quek Ser Leang and Lee Sue Ann note that USD/CHF has surged over the past two days, with strong momentum pointing to further Dollar strength. However, they stress that deeply overbought conditions are likely to cap upside to the 0.8305–0.8330 area.
OCBC strategists Sim Moh Siong and Christopher Wong note that the Swiss National Bank (SNB) kept rates at 0% and toned down its FX intervention language, signalling more tolerance for a firmer Swiss Franc but not a hawkish shift.
ING’s Francesco Pesole explains that the Swiss National Bank held rates but surprised dovishly, downplaying second-round inflation effects and tweaking its FX stance.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
