Swiss Franc: 0.8110 remains in focus against US Dollar - UOB

FXStreetNov 6, 2026 9:41 AM

View all comments（0）



United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann see USD/CHF consolidating after a sharp fall and rebound, with flat momentum indicators. For the next 24 hours, they expect the pair to hold between 0.8125 and 0.8185. On a 1–3 week horizon, there is still a chance of a dip toward 0.8110 before recovery risks increase, while 0.8205 caps the topside.

Consolidation persists near recent lows

"24-HOUR VIEW: On Wednesday, USD fell more than we expected to 0.8124 and then rebounded strongly. Yesterday, we highlighted that “downward momentum has slowed with the rebound, and USD is unlikely to weaken further.” We expected USD “to consolidate between 0.8125 and 0.8185.” Our assessments were not wrong, even though USD traded within a slightly narrower range of 0.8130/0.8185, closing largely unchanged at 0.8165 (-0.04%). Momentum indicators remain flat, and we continue to expect USD to trade between 0.8125 and 0.8185."

"1-3 WEEKS VIEW: Our update from yesterday (05 Nov, spot at 0.8165) remains valid. As highlighted, “there is a chance for USD to test 0.8110 before the risk of a recovery increases.” On the upside, a breach of 0.8205 (no change in ‘strong resistance’) would mean that the USD decline from one week ago has run its course."

(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.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

Commenting Guidelines

Recommended Articles

Kospi Closes Strongly Above 5,000 Mark After Circuit Breaker as SK Hynix Plunges Over 10%, Kioxia Drops Nearly 9%

The KOSPI reclaimed the 5,000-point mark after triggering a circuit breaker as Japanese and South Korean stock markets narrowed their losses, with SK Hynix and Samsung attracting bottom-fishing buying at low levels.

Today’s Market Recap: Nasdaq Falls Over 5%, AI Stocks Plunge as Nvidia Drops Over 9%, Micron Falls Over 17%, SanDisk Drops Over 22%

TradingKey - In the Asian session on November 6, the three major U.S. stock indices tumbled across the board overnight, with selling intensifying across the AI data center supply chain and largely erasing the previous session's rebound. As market concerns mounted over AI infrastructure financing cos

Kospi Plunges 8% to Trigger Level 1 Circuit Breaker and Fall Below 5,000, Nikkei Sinks 6% as SK Hynix and Samsung Tumble Over 10%

The KOSPI plunged 8.55%, triggering a Level 1 circuit breaker and crashing below 5,000 points, as SK Hynix tumbled 12% and Samsung plummeted 10%.

Nasdaq Drops Over 5%, Philadelphia Semiconductor Index Plunges 12% as Chip and AI Infrastructure Stocks Are Sold Off; Micron Falls 17%, Nvidia Drops 9%

On Thursday, November 5, Eastern Time, U.S. stocks tumbled sharply, giving back gains from the previous session's post-election rally. Mounting market concerns over a slowdown in data center construction prompted investors to accelerate their offloading of tech shares, with chipmakers and AI infrastructure-related stocks bearing the brunt of the sell-off. At the close, the Dow Jones Industrial Average dropped 3.44% to 51,523.06; the Nasdaq Composite Index tumbled 5.52% to 24,315.00; and the S&P 500 Index fell 4.36% to 7,353.73, marking its largest single-day decline since April 2025.

US October Nonfarm Payrolls Preview: Can Employment Rebound? US Stocks, Dollar and Gold Face Key Test

TradingKey - On Friday, Eastern Time (November 6), the United States will release the October non-farm payrolls report. Current market consensus expects US non-farm payrolls to increase by approximately 65,000 in October, up from 29,000 in September. The unemployment rate is projected to hold steady at 4.2%, while month-over-month average hourly earnings growth may rebound from 0.1% to 0.3%. With the Federal Reserve having just paused interest rate hikes at its October meeting and the market still betting on another rate hike in December, whether this jobs report confirms that the US labor market remains resilient will serve as a key variable influencing interest rate expectations and the near-term trajectories of US equities, the US dollar, and gold (XAUUSD).

Featured Tools