USD/CHF Price Forecast: Rally clears 200-day SMA, targets 0.8000
- USD/CHF extends rally, breaking above the 200-day SMA resistance level.
- RSI approaches overbought territory, signaling that strong bullish momentum persists.
- Break above 0.8000 opens the path toward 0.8045 and 0.8124 levels.
The USD/CHF pair rallies for the fifth straight trading day on Monday, up by more than 0.14% as buyers push the pair towards 0.8000 for the first time since mid January.
USD/CHF Price Forecast: Technical Outlook
The technical picture turned constructive as USD/CHF cleared the 200-day SMA at 0.7945, opening the door to a test of the 0.8000 figure. A clear break of the latter will put to the test a downslope resistance trendline drawn from around August’s 2025 highs that passes at around 0.8040-55.
If buyers clear that area, they could challenge the next area of interest past the 0.8100 mark at 0.8124, the November 5 swing high.
On the other hand, sellers must drag the USD/CHF spot price below 0.8000 so they can test the 200-day SMA at 0.7945. On further weakness, the next demand zone would be the 100-day SMA at 0.7889.
Momentum suggests that buyers are in charge, as depicted by the Relative Strength Index (RSI). Although approaching overbought territory, the index remains below the most extreme level at 80.
USD/CHF Price Chart – Daily
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.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.38% | 0.58% | -0.30% | 0.31% | 0.29% | 0.62% | 0.42% | |
| EUR | -0.38% | 0.20% | -0.75% | -0.08% | -0.10% | 0.23% | 0.03% | |
| GBP | -0.58% | -0.20% | -0.88% | -0.28% | -0.30% | 0.03% | -0.21% | |
| JPY | 0.30% | 0.75% | 0.88% | 0.63% | 0.62% | 0.94% | 0.64% | |
| CAD | -0.31% | 0.08% | 0.28% | -0.63% | -0.06% | 0.30% | 0.07% | |
| AUD | -0.29% | 0.10% | 0.30% | -0.62% | 0.06% | 0.33% | 0.10% | |
| NZD | -0.62% | -0.23% | -0.03% | -0.94% | -0.30% | -0.33% | -0.24% | |
| CHF | -0.42% | -0.03% | 0.21% | -0.64% | -0.07% | -0.10% | 0.24% |
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
FXStreet
Markets analyst, news editor, and trading instructor with over 14 years of experience across FX, commodities, US equity indices, and global macro markets.
