Created
: 2025.06.19
2025.06.19 07:30
The USD/CHF advances for the fourth straight day after the Federal Reserve's (Fed) decision to hold rates unchanged, though they are still eyeing two rate cuts in 2025. This, along with US President Trump's remarks that he's open to Iran talks, boosted the Dollar. At the time of writing, the pair trades at 0.8180, up 0.08%.
Price action suggests that the USD/CHF downtrend remains in place, although since June 13, it appears to be consolidating within the 0.8038-0.8350 range in the near term. This is because the Relative Strength Index (RSI) turned flat at its 50-neutral line.
If USD/CHF climbs past 0.82, buyers could test the 50-day SMA at 0.8233. If broken, expect a rally to 0.8300, which clears the path to test the May 29 daily peak of 0.8347, ahead of 0.84. The other scenario would be if the downtrend resumes, but sellers need to surpass the 0.8100 figure. A breach of the latter will expose the June 17 swing low of 0.8054, before testing the YTD low of 0.8038.
The table below shows the percentage change of Swiss Franc (CHF) against listed major currencies this week. Swiss Franc was the strongest against the British Pound.
USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
---|---|---|---|---|---|---|---|---|
USD | 0.46% | 1.02% | 0.28% | 0.76% | -0.42% | -0.23% | 0.81% | |
EUR | -0.46% | 0.44% | -0.20% | 0.31% | -0.76% | -0.67% | 0.35% | |
GBP | -1.02% | -0.44% | -0.60% | -0.13% | -1.19% | -1.11% | -0.09% | |
JPY | -0.28% | 0.20% | 0.60% | 0.48% | -0.98% | -0.84% | 0.13% | |
CAD | -0.76% | -0.31% | 0.13% | -0.48% | -1.09% | -0.98% | 0.04% | |
AUD | 0.42% | 0.76% | 1.19% | 0.98% | 1.09% | 0.08% | 1.11% | |
NZD | 0.23% | 0.67% | 1.11% | 0.84% | 0.98% | -0.08% | 1.03% | |
CHF | -0.81% | -0.35% | 0.09% | -0.13% | -0.04% | -1.11% | -1.03% |
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).
Created
: 2025.06.19
Last updated
: 2025.06.19
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.
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].
Disclaimer:
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