Created
: 2025.07.01
2025.07.01 04:53
The Swiss Franc (CHF) surges against the US Dollar (USD) on Monday, trading at almost 14-year highs, near levels last seen in September 2011. At the time of writing, the USD/CHF plummeted to 0.7933, after hitting a multi-year low of 0.7929, down over 0.59%.
The USD/CHF has fallen over the last six trading days, poised to test the 0.7900 figure in the short term. Bears continued to exert downward pressure on the pair, as depicted by the Relative Strength Index (RSI), which edges toward oversold territory but remains above the 20 mark, considered the most extreme.
If the USD/CHF drops below 0.7900, it clears the path to test the September 2011 lows of 0.7710. Once surpassed, look for a test of the August 2011 monthly low of 0.7066.
On the flip side, if buyers regain 0.8000, this opens the door for a recovery. The first resistance zone would be the April 21 low, now turned resistance, at 0.8038, followed by 0.8050. On further strength, the next supply area will be 0.8100, followed by the 50-day SMA at 0.8217.
The table below shows the percentage change of Swiss Franc (CHF) against listed major currencies this year. Swiss Franc was the strongest against the US Dollar.
USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
---|---|---|---|---|---|---|---|---|
USD | -12.12% | -8.75% | -8.36% | -5.33% | -5.93% | -8.23% | -12.57% | |
EUR | 12.12% | 3.79% | 4.26% | 7.71% | 6.96% | 4.42% | -0.51% | |
GBP | 8.75% | -3.79% | 0.44% | 3.79% | 3.06% | 0.61% | -4.15% | |
JPY | 8.36% | -4.26% | -0.44% | 3.33% | 2.68% | 0.20% | -4.53% | |
CAD | 5.33% | -7.71% | -3.79% | -3.33% | -0.75% | -3.07% | -7.65% | |
AUD | 5.93% | -6.96% | -3.06% | -2.68% | 0.75% | -2.37% | -7.00% | |
NZD | 8.23% | -4.42% | -0.61% | -0.20% | 3.07% | 2.37% | -4.73% | |
CHF | 12.57% | 0.51% | 4.15% | 4.53% | 7.65% | 7.00% | 4.73% |
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
: 2025.07.01
Last updated
: 2025.07.01
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