Created
: 2025.09.23
2025.09.23 08:03
The USD/CHF retreats on Monday as the technical picture suggest the downtrend might resume in the near term. At the time of writing, the pair trades at 0.7923 below the 0.8000 figure, poised to test yearly lows of 0.7829.
The USD/CHF failed to clear strong resistance at the 20-day SMA at 0.7970 and fell below 0.7950. The formation of a 'dark cloud cover' chart pattern, paves the way for further downside. However, sellers need to surpass last Friday's low of 0.7911, which clears the path to test the yearly low.
From a momentum standpoint, the Relative Strength Index (RSI) aims lower and remains in bearish territory, increasing the likelihood of the USD/CHF testing lower prices.
Conversely, if USD/CHF climbs above 0.7950 and clears 0.7970 and 0.8000, this will increase bulls momentum, to challenge the 50-day SMA At 0.8015.
The table below shows the percentage change of Swiss Franc (CHF) against listed major currencies this month. Swiss Franc was the strongest against the Canadian Dollar.
USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
---|---|---|---|---|---|---|---|---|
USD | -0.89% | -0.14% | 0.47% | 0.65% | -0.79% | 0.37% | -0.91% | |
EUR | 0.89% | 0.76% | 1.32% | 1.55% | 0.10% | 1.27% | -0.02% | |
GBP | 0.14% | -0.76% | 0.44% | 0.79% | -0.65% | 0.52% | -0.72% | |
JPY | -0.47% | -1.32% | -0.44% | 0.24% | -1.25% | -0.07% | -1.35% | |
CAD | -0.65% | -1.55% | -0.79% | -0.24% | -1.42% | -0.27% | -1.50% | |
AUD | 0.79% | -0.10% | 0.65% | 1.25% | 1.42% | 1.18% | -0.07% | |
NZD | -0.37% | -1.27% | -0.52% | 0.07% | 0.27% | -1.18% | -1.23% | |
CHF | 0.91% | 0.02% | 0.72% | 1.35% | 1.50% | 0.07% | 1.23% |
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
: 2025.09.23
Last updated
: 2025.09.23
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