Created
: 2025.06.03
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
USD/CHF Price Forecast: Remains capped below 100-day EMA, bearish bias prevails below 0.8200
World FX news
Breaking news
USD/CHF Price Forecast: Remains capped below 100-day EMA, bearish bias prevails below 0.8200
2025.06.03 14:52
2025.06.03 14:52
- USD/CHF posts modest gains to around 0.8180 in Tuesday's early European session
- The negative view of the pair prevails below the 100-day EMA with the bearish RSI indicator.
- The initial support level is seen at 0.8130; the immediate resistance level to watch is 0.8347.
The USD/CHF pair trades with mild gains near 0.8180 during the early European session on Tuesday, bolstered by a modest rebound of the US Dollar (USD). Nonetheless, tariff uncertainty and the persistent geopolitical tensions in the Middle East might boost the safe-haven currency like the Swiss Franc (CHF) and create a headwind for the pair.
Technically, the bearish outlook of USD/CHF remains in play as the pair remains capped below the key 100-day Exponential Moving Average (EMA) on the daily chart. Furthermore, the downward momentum is supported by the 14-day Relative Strength Index (RSI), which is located below the midline around 39.60, suggesting that the path of least resistance is to the downside.
The lower limit of the Bollinger Band at 0.8130 acts as an initial support level for USD/CHF. A decisive break below the mentioned level could expose 0.8039, the low of April 21. Further south, the next contention level is seen at the 0.8000 psychological level.
On the bright side, the first upside barrier for the pair emerges at 0.8347, the high of May 29. Sustained trading above this level could pave the way to 0.8450, the upper boundary of the Bollinger Band. Extended gains could see the next hurdle at 0.8542, the 100-day EMA.
USD/CHF daily chart
Swiss Franc FAQs
The Swiss Franc (CHF) is Switzerland's official currency. It is among the top ten most traded currencies globally, reaching volumes that well exceed the size of the Swiss economy. Its value is determined by the broad market sentiment, the country's economic health or action taken by the Swiss National Bank (SNB), among other factors. Between 2011 and 2015, the Swiss Franc was pegged to the Euro (EUR). The peg was abruptly removed, resulting in a more than 20% increase in the Franc's value, causing a turmoil in markets. Even though the peg isn't in force anymore, CHF fortunes tend to be highly correlated with the Euro ones due to the high dependency of the Swiss economy on the neighboring Eurozone.
The Swiss Franc (CHF) is considered a safe-haven asset, or a currency that investors tend to buy in times of market stress. This is due to the perceived status of Switzerland in the world: a stable economy, a strong export sector, big central bank reserves or a longstanding political stance towards neutrality in global conflicts make the country's currency a good choice for investors fleeing from risks. Turbulent times are likely to strengthen CHF value against other currencies that are seen as more risky to invest in.
The Swiss National Bank (SNB) meets four times a year - once every quarter, less than other major central banks - to decide on monetary policy. The bank aims for an annual inflation rate of less than 2%. When inflation is above target or forecasted to be above target in the foreseeable future, the bank will attempt to tame price growth by raising its policy rate. Higher interest rates are generally positive for the Swiss Franc (CHF) as they lead to higher yields, making the country a more attractive place for investors. On the contrary, lower interest rates tend to weaken CHF.
Macroeconomic data releases in Switzerland are key to assessing the state of the economy and can impact the Swiss Franc's (CHF) valuation. The Swiss economy is broadly stable, but any sudden change in economic growth, inflation, current account or the central bank's currency reserves have the potential to trigger moves in CHF. Generally, high economic growth, low unemployment and high confidence are good for CHF. Conversely, if economic data points to weakening momentum, CHF is likely to depreciate.
As a small and open economy, Switzerland is heavily dependent on the health of the neighboring Eurozone economies. The broader European Union is Switzerland's main economic partner and a key political ally, so macroeconomic and monetary policy stability in the Eurozone is essential for Switzerland and, thus, for the Swiss Franc (CHF). With such dependency, some models suggest that the correlation between the fortunes of the Euro (EUR) and the CHF is more than 90%, or close to perfect.
Last updated
: 2025.06.03
Related articles
Dollar Index remains weak as core PCE inflation rises, Personal spending fall
44 minutes agoNZD/USD extends winning streak, nearing fresh year-to-date highs
2025.06.27 22:04Fed's Kashkari: The Fed might cut rates twice this year
2025.06.27 21:17JPY flat vs. USD and lagging G4 peers EUR and GBP - Scotiabank
2025.06.27 21:05GBP is trading unchanged near high - Scotiabank
2025.06.27 21:01Further signs of easing on the European Gas market - Commerzbank
2025.06.27 20:59
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
Dollar Index remains weak as core PCE inflation rises, Personal spending fall
The US Dollar Index (DXY) is nearing 97.00 support as investors digest the latest batch of inflation data released out of the United States.
New
2025.06.27 22:56NZD/USD extends winning streak, nearing fresh year-to-date highs
The New Zealand Dollar (NZD) extends its winning streak against the US Dollar (USD) for the fifth straight session on Friday, buoyed by broad-based Greenback weakness.
New
2025.06.27 22:04Gold suffers another setback following a US-China trade truce, ahead of PCE inflation report
Gold (XAU/USD) is suffering another setback after reports telling that China and the United States have reached a trade deal.
New
2025.06.27 21:19Fed's Kashkari: The Fed might cut rates twice this year
The President of the Federal Reserve Bank of Minneapolis, Neel Kashkari, noted that he was sticking to his view that cooling inflation would allow the Fed to cut its policy rate twice that year, beginning in September.
New
2025.06.27 21:17Platinum continues to catch up with Gold - Commerzbank
There's no stopping the price of Platinum: Yesterday, it climbed above the $1,400 per troy ounce mark for the first time since September 2014, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen and commodity analyst Barbara Lambrecht note.
New
2025.06.27 21:10JPY flat vs. USD and lagging G4 peers EUR and GBP - Scotiabank
The Japanese Yen (JPY) is soft, down marginally against the US Dollar (USD) and trading around the midpoint of its range since early April, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
2025.06.27 21:05Central banks intend to buy more Gold - Commerzbank
Gold remains in high demand among central banks. According to a survey published a few days ago by the Official Monetary and Financial Institutions Forum (OMFIF), a third of the 75 central banks surveyed plan to buy Gold in the next 1-2 years, Commerzbank's commodity analyst Carsten Fritsch notes.
New
2025.06.27 21:03GBP is trading unchanged near high - Scotiabank
Pound Sterling (GBP) is also quietly consolidating its latest push to a fresh multi-year high, trading just below Thursday's local top in the upper 1.37s, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
2025.06.27 21:01Further signs of easing on the European Gas market - Commerzbank
The EU Council has provisionally agreed with the Parliament to grant member states more flexibility to fulfil their Gas storage filling targets, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
New
2025.06.27 20:59USD/INR drops near two-week low amid Trump's Fed criticism, soft US GDP
The Indian Rupee (INR) strengthens further on Friday, riding a wave of US Dollar (USD) weakness, as the Greenback slides further amid political noise and soft economic prints.
New
2025.06.27 20:58Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
