USD/CHF forecast for today by Traders Union analysts
The USD/CHF is considered one of the majors in the Forex market. This makes USD/CHF attractive for trading and investing. Traders Union analysts prepare the Swiss franc price prediction daily to always be up to date on the latest trends in the market.
USD/CHF remains under pressure
26.04.2024
The U.S. dollar bulls once again failed to break 0.9150 resistance against the Swiss franc, leading to its decline to 0.9120 support. A decrease in the U.S. PCE index could contribute to its breakout and a decline of the U.S. dollar toward 0.9090-0.9070. Breaking resistance will lead to a growth toward 0.9180-0.9190.
USD/CHF continues to assault 0.9150 resistance
25.04.2024
The Swiss franc is under pressure from sales, against which the U.S. dollar, after a rollback to 0.9125 support, is re-testing 0.9150 resistance. As long as the EUR/CHF cross rate is growing, chances for a breakout of resistance and growth in the direction of 0.9170/80 will remain. The loss of 0.9130 support will lead to a decline toward 0.9100-0.9090.
USD/CHF trades unchanged
24.04.2024
The U.S. dollar bulls failed to break 0.9130 resistance against the Swiss franc, leading to a decline in the pair toward 0.9090 support. On the downside, demand remains and with it the upside potential toward 0.9130-0.9140. The loss of support would lead to a decline toward 0.9070-0.9050.
USD/CHF in a narrow range
23.04.2024
The U.S. dollar is enjoying moderate demand against the Swiss franc, which, however, is not enough to break 0.9120 resistance. Buying it back from 0.9110-0.9100 support indicates a growth toward 0.9140-0.9150. The loss of support will lead to a decline toward 0.9070.
USD/CHF bought on decline
22.04.2024
Israel's retaliatory strike against Iran sparked risk-off sentiment, leading to an uptick in demand for the Swiss franc, and the U.S. dollar tumbled to support at 0.9010 against it. Nonetheless, in the absence of an immediate response from Iran, the dollar managed to rebound to 0.9105, as the interest rate differential continues to negatively affect the dynamics of the franc.
USD/CHF bought on decline
19.04.2024
Breaking 91.00 support, the U.S. dollar continued to decline against the Swiss franc and tested support at 0.9085. As previously forecast, the dollar's decline continues to be used for buying, with bulls testing the 0.9125 level. They may retest resistance at 0.9140-0.9150. Breaking below the 91.00 level will increase the risk of breaking support at 0.9085 and declining toward 0.9060.
US dollar/Swiss franc is under pressure
18.04.2024
Under selling pressure, the U.S. dollar dipped toward 0.9100 support against the Swiss Franc and is now trading between this support and 0.9130 resistance. Despite the persistent pressure, the prospects for the pair remain constructive, and its decline can be used for purchases. The loss of the current support will lead to a decline toward 0.9070-0.9060. Breaking resistance will lead to a growth toward 0.9150.
US Dollar/Swiss franc is consolidating in a narrow range
17.04.2024
The U.S. dollar/Swiss franc pair is in the consolidating phase, trading between the support level of 0.9120-0.9110 and the resistance level of 0.9140. The prospects remain constructive; the bulls can break the support and the U.S. dollar will continue to grow toward 0.9170-0.9190, while the loss of the support level will lead to a decline toward 0.9090-0.9080.
Dollar/Franc sold off resistance again
16.04.2024
Another attempt of the USD bulls to break through the resistance near 0.9150 in the pair with the Swiss franc failed, which increases the risks of breaking through the support at 0.9125 and a decline towards 0.9100-0.9090. On the decline, the dollar may be bought out, and the break of resistance will lead to growth in the direction of 0.9170-0.9200.
The dollar/franc continues to test 0.9145
15.04.2024
The US dollar's pullback to support near 0.9105 was used to buy against the Swiss franc and another test of resistance near 0.9145, which continues to contain the bulls' onslaught. The outlook for the dollar remains constructive, but the decline in the euro/franc cross rate is having a moderating effect on the pair. Nevertheless, the probability of breaking the resistance and rising towards 0.9170-0.9190 remains high; a loss of the above support would lead to a decline towards 0.9080-0.9060.
Dollar/franc under pressure amid euro/ franc decline
12.04.2024
Despite the growth against many of its competitors, the US dollar was under selling pressure in the pair with the Swiss franc, against which the support around 0.9120 was broken and the level of 0.9075 was tested. Its decline is taking place against the backdrop of a falling Euro/Franc cross rate, so the decline can be used for buying and testing 0.9140-0.9160; loss of the current support will lead to a decline to 0.9060-0.9050 support.
Dollar/franc tested 0.9145
11.04.2024
For the Swiss franc, the US dollar was bought back from support at around 0.9025, thanks to the publication of data showing an acceleration in US inflation, and the bulls tested resistance at 0.9145. Now, pullbacks towards 0.9100-0.9090 can be used for buying; loss of this support will lead to a decline towards 0.9070-0.9060. Passage of resistance will lead to growth in the direction of 0.9160-0.9170.
Dollar/Franc under pressure
10.04.2024
In the pairing with the Swiss franc, the US dollar was under pressure again yesterday, as a result of which it declined to the support at 0.9015, but soon rose to the resistance at 0.9040. The outlook for the dollar remains constructive, the release of strong US inflation data may contribute to the growth to 0.9060-0.9080; on the weak, a decline to the support at 0.9000-0.8980 is possible.
The dollar/franc rises following the euro/franc
09.04.2024
The resumption of growth of the euro/franc cross rate contributed to some strengthening of the US dollar against the Swiss franc, which resulted in testing the resistance at 0.9065. Until the release of US inflation data, the pair may trade within a range bounded by resistance near 0.9090 and support at 0.9010/00. The outlook for the franc remains negative.
The dollar/franc continues to sell on attempts to resume growth
08.04.2024
For the Swiss franc, the US dollar was sold on the rise to resistance near 0.9060, causing it to decline to support near the psychological level of 0.9000. After the NBS interest rate cut, the outlook for the franc remains negative, and its growth can be used for selling, but in case of further decline in the euro/franc cross rate, the pair may decline to the support at 0.8980/70.
The dollar/franc is declining following the euro/franc
05.04.2024
Purchases of USD/CHF from the support near 0.9030 gave the bulls an opportunity to test the resistance at 0.9070, but here, the dollar was sold and is currently trading near the psychological level of 0.9000. The dollar/franc decline occurred in the background of the euro/franc cross rate fall, so the pair's decline may be short-lived, and the bulls can use it for their purchases. The loss of the current support will lead to a decline towards 0.8980-0.8970.
Dollar/Franc declines amid long liquidation
04.04.2024
The US dollar bulls again failed to break through the resistance at 0.9090 in the pair with the Swiss franc, which led to profit-taking on long positions and the dollar's decline to the support at 0.9030. On the decline towards 0.9000, the bulls may become more active, and the dollar may return to the resistance mentioned above; loss of the current support will lead to a decline to 0.9000.
Dollar/franc tests resistance at 0.9090
03.04.2024
Selling the US dollar for the Swiss franc led to its decline to support at 0.9055, after which the bulls tested the resistance at 0.9090 again. Failure to break it would entail a loss of support and a decline towards 0.9030-0.9010. From this support, the dollar/franc could be bought back; a break of resistance would allow the bulls to test 0.9100-0.9120.
Dollar/franc redeemed from support
02.04.2024
As we predicted, the U.S. dollar was again redeemed for the Swiss franc. Thus, the consolidation at the support near the psychological level of 0.9000 ended with the breakdown of the resistance at 0.9025 and the growth of the dollar to the level of 0.9055. The chances of the resistance breakdown and the dollar's growth towards the 91st figure are still high; a loss of 0.9000 will lead to a decline towards 0.8970.
Dollar/franc consolidates after declines
01.04.2024
The US dollar sold off from resistance at around 0.9070 in pairing with the Swiss franc. After falling to support at a psychological level of 0.9000, it consolidated between this level and resistance at 0.9030. The dollar's decline can still be used to buy and test the resistance above; a loss of support would lead to a decline toward 0.8970/50.
Dollar/Franc declines amid the fall in euro/franc
29.03.2024
The US dollar bulls failed to absorb the bears' oafs placed from the level of 0.9065 in the pair with the Swiss franc, which provoked profit-taking on long positions and the decline of the euro to support near the psychological level of 0.9000. The decline in dollar/franc is taking place against the backdrop of a falling euro/franc cross rate and can be used for buying. A breakdown of support will lead to a decline towards 0.8970.
Dollar/franc declines after growth
28.03.2024
The break of resistance around 0.9045 in the pairing with the Swiss franc provided the US dollar with a rise to 0.9070. Here, it came under pressure, which brought it back to 0.9038 for the moment. The bears may test the support around 0.9010-0.9000 levels, where moderate activation of the bulls is possible; its breakdown will lead to a decline towards 0.8970, where the dollar may also be redeemed.
Dollar/franc continues to grow
27.03.2024
Taking advantage of the steady demand in the pairing with the Swiss franc, the US dollar broke through the resistance near the 0.9010 level and rose to 0.9040. The outlook for the franc remains negative, but the manifestation of overbought signs increases the risks of some correction, which does not exclude growth towards 0.9060-0.9080; loss of support at 0.9020 will allow bears to test 0.9000.
The dollar/franc continues to buy back from the support at 0.8970
26.03.2024
After another test of support around 0.8970 in the pairing with the Swiss franc, the US dollar rose to resistance at 0.8993, where it is currently trading. After the interest rate cut by the NBS, the outlook for the franc remains negative, and the dollar may again test resistance at 0.9020, a break of which would lead to a rise towards 0.9030-0.9050; a loss of support would lead to a decline towards 0.8950.
Dollar/franc again below 0.9000
25.03.2024
After breaking the resistance near the psychological level of 0.9000 in the pair with the Swiss franc, the US dollar was able to advance only to the level of 0.9020 after testing, which, again under pressure, fell to the support of 0.8970. The dollar/ franc is falling mainly on the back of the decline in the euro/franc cross rate, so, given the NBS interest rate cut, this drop can be used for buying. Loss of current support will lead to a decline towards 0.8940-0.8930.
Dollar/Franc rises on the NBS decision
22.03.2024
The Swiss National Bank unexpectedly lowered the interest rate level, which was generally expected but later, and this triggered a sell-off in the Swiss franc, amid which the US dollar surged towards resistance around 0.8990 to pair with it. Pullbacks can be used for buying and bulls may test 0.9030-0.9050 resistance; a loss of 0.8970 support would lead to a decline towards 0.8950-0.8930 where bullish activation is possible.
The dollar/franc sold off from resistance at 0.8915
21.03.2024
The US dollar was sold from resistance near 0.8915 for the Swiss franc, causing it to collapse to the support at 0.8860. Its breakdown will lead to a decline towards 0.8830-0.8810, but on the downside, the bulls can still be activated. A break of 0.8890 will bring the dollar back to 0.8910/15.
Dollar/franc trades unchanged
20.03.2024
The US dollar remains positive in the pair with the Swiss franc, but the bulls are not able to break through the resistance at 0.8895. Demand is noted in the area of 0.8870, above which there are still high chances of resistance breakdown and growth in the direction of 0.8910-0.8920, which is possible in the case of "hawkish" comments of the US Fed Chairman Jerome Powell; the intention to reduce the interest rate in the near term may put pressure on the dollar and lead to its decline in the direction of 0.8840-0.8820.
Dollar/franc testing strong resistance
19.03.2024
Ahead of the NBS decision, the Swiss franc is under selling pressure. Yesterday, the US dollar broke resistance around 0.8850 and tested 0.8883. At current levels, the dollar could come under pressure again and decline towards 0.8840-0.8830 support; a break of resistance would lead to a rise towards 0.8920-0.8930.
Dollar/Franc rises after the release of US inflation data
18.03.2024
The US Dollar continued to rise against the Swiss Franc, testing the resistance at 0.8850 before returning to the support at 0.8820. Decreasing jobless claims and accelerating inflation in the U.S. contribute to the dollar's demand, and ahead of the FOMC meeting, it may break the resistance and test 0.8870-0.8890; loss of support will lead to a decline to the 88th figure, but the dollar may be bought on the decline.
Why is it important to know the USD/CHF price prediction?
USD/CHF price prediction may be interesting for many reasons. This pair is suitable for active trading due to its high liquidity. According to Traders Union research, 67% of successful traders prefer to trade majors, and USD/CHF is one of them.
The liquidity of the USD/CHF pair is supported by high investment attractiveness of the U.S. and Switzerland. In addition, the Swiss franc is often used in the Forex market as a safe haven currency to preserve equity during crises. After all, the Swiss economy has been considered the standard of reliability and stability for several centuries.
FAQ
1
What is the USD/CHF price prediction based on?
Traders Union analysts use various methods of technical analysis:
indicators, support and resistance levels, patterns, etc.
2
What is technical analysis in the Forex market?
Technical analysis is a method of predicting the price movement of a currency pair based on the patterns in the past. It is believed that traders act in the same way under the same circumstances, which is reflected in the price chart.
3
Can the USD/CHF price prediction be trusted?
There is always a high level of
volatility in the Forex market. Therefore, nobody can give you a 100% accurate forecast. However, Traders Union price predictions are rather accurate, as they are based on a combination of factors. Also, the analysts try to provide two versions of development of events: the basic and an alternative one.
4
What impacts Swiss franc price against the US dollar
The price of the Swiss franc against the US dollar depends on economic and speculative factors, such as:
- Policies of the Central banks of the U.S. and Switzerland;
- Dynamics of export-import transactions of the two countries;
- U.S. and Swiss inflation;
- General trends in the global financial markets and in the Forex market in particular.
- Policies of the Central banks of the U.S. and Switzerland;
- Dynamics of export-import transactions of the two countries;
- U.S. and Swiss inflation;
- General trends in the global financial markets and in the Forex market in particular.