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Swiss Franc: Gradual gains toward 0.8200 against US Dollar – UOB

FXStreetOct 22, 2026 9:40 AM
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United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann describe USD/CHF price action as directionless intraday, expecting a 0.8225–0.8260 range as momentum remains muted. On a 1–3 week horizon they retain a bearish bias, looking for a move toward 0.8200 while keeping strong resistance at 0.8275. Their earlier 1–3 month view had anticipated a rebound, but not enough momentum to revisit the July peak at 0.8206.

Swiss Franc retains mild upside bias

"24-HOUR VIEW: Yesterday, we expected USD “to trade in a range between 0.8225 and 0.8270.” USD traded within a narrower range of 0.8234/0.8263, closing largely unchanged at 0.8244 (-0.02%). The price action provides no fresh clues. Today, USD could trade in a range between 0.8225 and 0.8260."

"1-3 WEEKS VIEW: Last Friday (16 Oct, spot at 0.8280), we highlighted that “downward momentum is building and if USD closes below 0.8245, it could decline toward 0.8225.” After USD subsequently fell to a low of 0.8215, we highlighted on Monday (19 Oct, spot at 0.8240) that USD “could decline further to 0.8200.” We will maintain our view as long as USD holds below 0.8275 (‘strong resistance’ level previously at 0.8290)."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Know more.)

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

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