USD/CHF Price Forecast: Bulls remain capped below 0.8100 despite the risk-off market
- USD/CHF eases to the 0.8075 area after being rejected again at 0.8100.
- The US Dollar is failing to draw support from the dismal market sentiment on Monday.
- Failure to extend beyond 0.8100 might trigger a further correction below 0.8000.
The US Dollar posts moderate gains against the Swiss Franc (CHF) on Monday, yet with price action contained within the last two weeks’ trading range, and with the 0.8100 level capping bulls for now. The long wicks in the daily chart highlight a hesitant market, as investors ponder the impact of the latest US-Iran hostilities on the peace process.
US and Iran ramped up their reciprocal attacks over the weekend, and the Iranian Islamic Revolutionary Guard Corps (IRGC) announced the closure of the Strait of Hormuz, sending Oil prices higher and pressuring global central banks to tighten their monetary policies. The US Dollar, however, is failing to draw support from the risk-off market mood so far.
Investors might be reluctant to place large USD longs ahead of the release of June’s US Consumer Price Index (CPI) figures. This report is expected to frame the Federal Reserve (Fed) Chairman Kevin Warsh’s testimony to Congress, also due this week, which will provide further insight into the central bank's monetary policy plans.
Technical Analysis: Sideways consolidation below 0.8100
USD/CHF trades at 0.8077, holding a mildly bullish near-term tone although it remains trapped within the last three weeks' range. The four-hour Relative Strength Index, around 52, and a slightly positive Moving Average Convergence Divergence (MACD) histogram hint at modest upward momentum, although bulls are struggling to find acceptance above 0.8100.
Above that level, the year-to-date high, at 0.8134, and the August 2025 high, just above 0.8170, would be the next targets. A break below the 38.2% Fibonacci retracement of the May-June rally, at 0.8000, would anticipate a deeper correction toward the June 18 low, and the 50% retracement in the 0.7980-0.7970 area ahead of the 61.8% Fibonacci retracement, at 0.7925.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
US Dollar Price Today
The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Japanese Yen.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.20% | 0.02% | 0.26% | -0.13% | 0.18% | -0.35% | -0.10% | |
| EUR | 0.20% | 0.23% | 0.46% | 0.07% | 0.39% | -0.11% | 0.12% | |
| GBP | -0.02% | -0.23% | 0.26% | -0.16% | 0.18% | -0.32% | -0.07% | |
| JPY | -0.26% | -0.46% | -0.26% | -0.40% | -0.08% | -0.58% | -0.30% | |
| CAD | 0.13% | -0.07% | 0.16% | 0.40% | 0.33% | -0.15% | 0.10% | |
| AUD | -0.18% | -0.39% | -0.18% | 0.08% | -0.33% | -0.46% | -0.20% | |
| NZD | 0.35% | 0.11% | 0.32% | 0.58% | 0.15% | 0.46% | 0.26% | |
| CHF | 0.10% | -0.12% | 0.07% | 0.30% | -0.10% | 0.20% | -0.26% |
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 US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).
Author
Guillermo Alcala
FXStreet
Graduated in Communication Sciences at the Universidad del Pais Vasco and Universiteit van Amsterdam, Guillermo has been working as financial news editor and copywriter in diverse Forex-related firms, like FXStreet and Kantox.
