|

USD/CHF Price Forecast: Hits 11-month high above 0.8100

  • USD/CHF refreshes YTD highs as rally extends six days.
  • RSI enters overbought territory, signaling powerful bullish momentum persists.
  • Break above 0.8200 exposes 0.8215 and 0.8300 resistance.

The USD/CHF extends its rally for the third straight day this week and refreshes year-to-date (YTD) highs, peaking at 0.8139, which is also an 11-month high. At the time of writing, the pair trades at 0.8124, up 0.34%.

USD/CHF Price Forecast: Technical outlook

The USD/CHF has been rallying for six days, and if it closes Wednesday’s session above 0.8100, bulls could reach the 0.8200 level rather sooner than later.

The Relative Strength Index (RSI) shows the pair is overbought, but it is short of the 80 level, considered the most extreme. When RSI is between 70 and 80, the uptrend is at its strongest; hence, readings above 80 are most precise for indicating market tops.

If USD/CHF clears 0.8200, the next resistance would be the June 19, 2025, daily high at 0.8215, ahead of 0.8250. A breach of the latter will expose 0.8300. On the other hand, if bears drive the pair below 0.8100, the next support would be the March 31 swing high of 0.8042. Below this level is 0.8000.

USD/CHF Price Chart – Daily

USD/CHF daily chart

Swiss Franc Price This week

The table below shows the percentage change of Swiss Franc (CHF) against listed major currencies this week. Swiss Franc was the strongest against the New Zealand Dollar.

USDEURGBPJPYCADAUDNZDCHF
USD0.93%0.21%0.26%0.47%1.58%1.69%0.60%
EUR-0.93%-0.73%-0.61%-0.41%0.69%0.77%-0.32%
GBP-0.21%0.73%-0.13%0.26%1.38%1.36%0.38%
JPY-0.26%0.61%0.13%0.13%1.29%1.27%0.28%
CAD-0.47%0.41%-0.26%-0.13%1.16%1.20%0.11%
AUD-1.58%-0.69%-1.38%-1.29%-1.16%-0.03%-0.94%
NZD-1.69%-0.77%-1.36%-1.27%-1.20%0.03%-0.94%
CHF-0.60%0.32%-0.38%-0.28%-0.11%0.94%0.94%

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 clings to gains; US CPI in focus

The British Pound holds onto two-day gains marginally at around 1.3500 against the US Dollar during the Asian trading session. The GBP/USD pair remains firm as the British Pound outperforms despite financial markets pricing out the possibility of an interest rate hike by the Bank of England in the near term.

EUR/USD flat lines near mid-1.1500s as traders await US CPI amid Iran uncertainty

The EUR/USD pair struggles to gain any meaningful traction, and holds steady around the 1.1545-1.1550 area during the Asian session. Traders seem hesitant to place aggressive bets and opt to wait for further developments surrounding the Middle East crisis and this week's release of the latest US inflation figures.

Gold surges past $4,400, hitting fresh two-month highs

Gold climbs further beyond $4,400, touching its highest level since June 5 in the Asian session on Tuesday. Easing Fed rate hike expectations continue to drive flows towards the non-yielding bullion. Meanwhile, inflation risks stemming from volatile oil prices back the case for at least one rate hike in 2026, which supports the US Dollar and might cap the precious metal ahead of the crucial US CPI report on Wednesday.

Bitcoin softens on institutional selling – CRV, ICP outperform
The broader cryptocurrency market shows mixed sentiment as Bitcoin (BTC) drops to $64,000 under institutional selling pressure. The Fear and Greed Index at 37, down from 40 the previous day, signals renewed bearish pressure. Meanwhile, Curve DAO (CRV) and Internet Computer (ICP) continue to extend their gains so far this week, emerging as top performers over the last 24 hours.
Breakouts, fakeouts, and the levels that decide what comes next
Friday gave metal bulls something to celebrate, with gold confirming a major breakout and silver finally pushing above its consolidation. Still, Monday’s action is a reminder that breaking a level is only half the job - the market now needs to prove it can hold those gains.
9-3: Is the Federal Reserve’s vote tally Warsh's new forward guidance?
The rate did not move. Neither did the statement, and that’s the more interesting fact. Set the July 29 Federal Open Market Committee (FOMC) statement beside the one issued on June 17, and the two documents are identical apart from a single verb and a paragraph at the bottom naming three dissenters.