|

USD/CHF Price Forecast: US Dollar eyes 0.8000 as inverse head-and-shoulders breakout holds

  • USD/CHF holds bullish bias after inverse head-and-shoulders neckline break.
  • RSI flattens near 65, signaling buyers retain upside momentum.
  • Break above 0.8000 exposes 0.8050 and 0.8100 resistance.

The USD/CHF pair advances some 0.11% on Tuesday, trading near nine-week highs of 0.7991 as risk aversion boosted the Greenback, which has trimmed earlier losses to challenge the 0.8000 figure.

USD/CHF Price Forecast: Technical outlook

Price action shows USD/CHF is bullish-biased after an ‘inverse head-and-shoulders’ was confirmed by a break of the neckline, which opened the door for further gains.

Momentum is also bullish, as shown by the Relative Strength Index (RSI), which turned flattish near the 65 level, suggesting that buyers are gathering momentum.

If USD/CHF climbs above 0.8000, the next stop would be the ‘inverse head-and-shoulders’ measured objective near the 0.8040-0.8050 area. A breach of the latter will expose the 0.8100 mark ahead of testing the November 5, 2025 swing high at 0.8124. Once those levels are hurdled, 0.8200 is up next.

Downwards, the first support is the June 5 daily high at 0.7968. Below this level lies 0.7950 ahead of the 200-day Simple Moving Average (SMA) at 0.7907.

USD/CHF Price Chart – Daily

USD/CHF daily chart

Swiss Franc Price Today

The table below shows the percentage change of Swiss Franc (CHF) against listed major currencies today. Swiss Franc was the strongest against the Australian Dollar.

USDEURGBPJPYCADAUDNZDCHF
USD-0.09%-0.31%0.13%-0.05%0.21%-0.12%0.05%
EUR0.09%-0.20%0.22%0.03%0.35%0.00%0.17%
GBP0.31%0.20%0.43%0.25%0.52%0.21%0.37%
JPY-0.13%-0.22%-0.43%-0.17%0.09%-0.22%-0.06%
CAD0.05%-0.03%-0.25%0.17%0.27%-0.04%0.12%
AUD-0.21%-0.35%-0.52%-0.09%-0.27%-0.31%-0.16%
NZD0.12%-0.01%-0.21%0.22%0.04%0.31%0.15%
CHF-0.05%-0.17%-0.37%0.06%-0.12%0.16%-0.15%

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).

Author

Christian Borjon Valencia

Markets analyst, news editor, and trading instructor with over 14 years of experience across FX, commodities, US equity indices, and global macro markets.

More from Christian Borjon Valencia
Share:

Editor's Picks

GBP/USD defends 1.3300 after strong UK PMI data

Following Thursday's sharp decline, GBP/USD clings to small gains above 1.3300 in the American session on Friday, supported by the upbeat UK Retail Sales and July PMI data. Nevertheless, the pair's upside remains capped as investors cling to a cautious stance amid a further escalation of tensions in the Middle East. The US July PMI data failed to trigger relevant price action.

EUR/USD remains below 1.1400 after mixed US PMIs

EUR/USD pressures daily lows below the 1.1400 mark in the American session on Friday. Mixed S&P Global PMIs, as manufacturing output contracted while services activity expanded in July, triggered no relevant market reaction. The focus remains in Middle East developments and inflation-related concerns.

Gold holds above $4,050 but momentum still missing

Gold builds on its modest intraday bounce and climbs above the $4,050 level on Friday, hitting a fresh daily high amid a modest US Dollar pullback. The fundamental backdrop, however, warrants some caution before confirming that the pullback from an over two-week high, touched on Wednesday, has run its course and positioning for any meaningful upside.

Ethereum: Derivatives interest in ETH improves, but signs of caution remain

Ethereum is hovering slightly below the $1,900 level, down 3% on Thursday following a slight expansion in derivatives interest. The top altcoin's open interest has increased to 14.60 million ETH, marking a 600K ETH increase over the past two days and its highest level since June 7.

XRP retreats as ETF interest cools
Ripple (XRP) slides toward the short-term $1.10 support on Friday, as broader crypto market sentiment weighs on crypto assets. The sell-off mainly stems from fears of inflation in the United States (US) amid the ongoing war in the Middle East and rising Oil prices.
US Dollar mid-year outlook: Exceptional currency, exceptional risks?
The US Dollar enters the second half of 2026 in a markedly different position from a year ago. The King currency has recovered, reflecting persistent US inflation, changing expectations for Fed policy, geopolitical tensions and renewed demand for defensive assets.