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USD/CHF Price Forecast: US Dollar slips toward 0.7850 ahead of Fed decision

  • USD/CHF drops 0.20% to 0.7850 after rejection near the 100-day SMA at 0.7897.
  • A break above 0.7900 could open the door toward 0.8000 and 0.8108.
  • Falling below 0.7800 exposes downside risk toward 0.7700 and 0.7601.

The USD/CHF pair falls during the North American session on Tuesday, depreciating by some 0.20% at the time of writing, trading near 0.7850, as traders brace for the Federal Reserve’s (Fed) monetary policy decision on Wednesday.

USD/CHF Price Forecast: Technical outlook

The technical picture shows the pair reached a stiff resistance near the 100-day SMA at around 0.7897, which prevented it from testing the 0.8000 figure. Since then, USD/CHF has fallen to a three-day low of 0.7843, but in the short term, price action seems constructive after reaching a series of higher highs and higher lows.

From a momentum standpoint, the Relative Strength Index (RSI) shows that buyers are in charge, though they must clear 0.7900, followed by the 200-day SMA at 0.7946, which could pave the way for further upside. If USD/CHF clears 0.8000, look for a test of the November 4, 2025, daily high at 0.8108.

Conversely, if USD/CHF dives below 0.7800, the next area of interest would be the 0.7700 mark, followed by the yearly low of 0.7601.

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 US Dollar.

USDEURGBPJPYCADAUDNZDCHF
USD-1.00%-0.84%-0.33%-0.26%-1.57%-1.12%-0.68%
EUR1.00%0.18%0.61%0.74%-0.56%-0.13%0.32%
GBP0.84%-0.18%0.55%0.56%-0.73%-0.31%0.21%
JPY0.33%-0.61%-0.55%0.10%-1.23%-0.75%-0.32%
CAD0.26%-0.74%-0.56%-0.10%-1.35%-0.85%-0.40%
AUD1.57%0.56%0.73%1.23%1.35%0.43%0.90%
NZD1.12%0.13%0.31%0.75%0.85%-0.43%0.43%
CHF0.68%-0.32%-0.21%0.32%0.40%-0.90%-0.43%

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.

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