- The franc increases almost 1% while Trump's pricing threats trigger risk aversion and deepen the sort of the US dollar.
- USD / CHF breaks less than 0.8250, approaching the key support at the low level of May of 0.8184.
- The distribution of the downstream flag points to a possible test from the bottom 2025 to 0.8038.
- Traders accumulate in Frankish Switzerland as American protectionism and budgetary risks scary the markets.
USD / CHF continues to weaken because the downward trend covers 0.8250, because the pair loses almost 1%. Investors looking for security bought Swiss Franc (CHF) after US President Donald Trump threatened to implement 50% prices on the European Union (EU) and 25% on Apple iPhone produced abroad. When writing the editorial's moment, the pair is negotiated at 0.8203, at new stockings of two weeks.
USD / CHF price forecasts: technical perspectives
During the editorial staff, the USD / CHF pair is downwards after cleaning the bottom of a “lower” flag “model, which indicates that the pair could test the level of 0.8038 during the current year (YTD) of 0.8038.
The momentum promotes the descent more, because the USD / CHF has produced a successive series of lower ups and lower stockings, the relative resistance index (RSI) remaining in lower territory.
On the way down YTD, USD / CHF must drop below 0.8200. A violation of the latter will exhibit a hollow of May of 0.8184, followed by 0.8100 and the brand of 0.8050.
On the rise, buyers must release the peak of May 22 of 0.8396, ahead of 0.8350 and 0.8400.
USD / CHF price board – Every day
Swiss franc price this week
The table below shows the percentage of variation of swiss francs (CHF) against the main currencies listed this week. Swiss Franc was the strongest against the US dollar.
| USD | Eur | GBP | Jpy | Goujat | Aud | Nzd | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -1.58% | -1.84% | -1.90% | -1.78% | -1.42% | -1.72% | -1.86% | |
| Eur | 1.58% | -0.29% | -0.28% | -0.14% | 0.29% | -0.08% | -0.28% | |
| GBP | 1.84% | 0.29% | -0.27% | 0.15% | 0.58% | 0.21% | 0.00% | |
| Jpy | 1.90% | 0.28% | 0.27% | 0.13% | 0.65% | 0.38% | 0.09% | |
| Goujat | 1.78% | 0.14% | -0.15% | -0.13% | 0.37% | 0.06% | -0.14% | |
| Aud | 1.42% | -0.29% | -0.58% | -0.65% | -0.37% | -0.37% | -0.56% | |
| Nzd | 1.72% | 0.08% | -0.21% | -0.38% | -0.06% | 0.37% | -0.20% | |
| CHF | 1.86% | 0.28% | -0.01% | -0.09% | 0.14% | 0.56% | 0.20% |
The thermal map shows the percentage of variations in the main currencies against each other. The basic currency is chosen in the left column, while the quotes motto is chosen in the upper row. For example, if you choose the Swiss franc of the left column and go along the horizontal line to the US dollar, the percentage of variation displayed in the box will represent CHF (base) / USD (quote).
