USD/CHF Price Forecast: Stalls below 0.8000 with bulls still in control
- USD/CHF stalls below 0.8000, but remains steady at two-month highs.
- Mild hopes of a peace agreement in the Middle East are weighing on the safe-haven USD.
- The technical picture remains positive with 0.8000 on the bulls' focus.
The US Dollar (USD) posts marginal losses against the Swiss Franc (CHF) on Tuesday, with bulls capped near the 0.8000 psychological level. Downside attempts, however, remain contained above 0.7965, so far keeping the pair steady at two-month highs for now.
Investors sighed with relief, as Iran and Israel halted their hostilities, giving a chance to an elusive peace agreement in the region. This has triggered a moderate risk appetite and is weighing on the safe-haven US Dollar. The high US yields, however, are keeping the Greenback’s downside attempts limited.
The strong US Nonfarm Payrolls figures released last week boosted expectations that the US Federal Reserve (Fed) will hike interest rates later this year. These figures sent US yields surging, and the US Dollar rallying across the board. Investors are now waiting for the US Consumer Price Index (CPI) release, due on Wednesday, to confirm those views.
Technical Analysis: In a bullish trend, likely heading for levels past 0.8000
USD/CHF trades at 0.7970, maintaining a constructive bullish tone as it holds above the 200-day simple moving average (SMA) and the descending trendline resistance from late-March lows. The daily Relative Strength Index (RSI) is close, but not yet at overbought levels, and the Moving Average Convergence Divergence (MACD) histogram keeps rising, highlighting a firm upside momentum.
Immediate resistance emerges at the psychological 0.8000 handle ahead of the March 31 high, at the 0.8040 area. Further up, the area between 0.8085 and 0.8100 (late November and early December 2025 highs) emerges as the next bullish target.
Downside attempts, on the other hand, are likely to find support at the previous highs area near 0.7930, and the mentioned 200-day SMA, now around 0.7910. Below here, the confluence between the broken trendline with June 4 and 5 lows, near 0,7870 is likely to provide significant support.
(The technical analysis of this story was written with the help of an AI tool.)
US Dollar Price Today
The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Japanese Yen.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.08% | -0.27% | 0.02% | -0.09% | -0.09% | -0.34% | -0.14% | |
| EUR | 0.08% | -0.16% | 0.09% | -0.01% | 0.03% | -0.23% | -0.03% | |
| GBP | 0.27% | 0.16% | 0.28% | 0.17% | 0.16% | -0.06% | 0.14% | |
| JPY | -0.02% | -0.09% | -0.28% | -0.10% | -0.10% | -0.35% | -0.14% | |
| CAD | 0.09% | 0.00% | -0.17% | 0.10% | 0.00% | -0.23% | -0.04% | |
| AUD | 0.09% | -0.03% | -0.16% | 0.10% | -0.00% | -0.23% | -0.04% | |
| NZD | 0.34% | 0.23% | 0.06% | 0.35% | 0.23% | 0.23% | 0.19% | |
| CHF | 0.14% | 0.03% | -0.14% | 0.14% | 0.04% | 0.04% | -0.19% |
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 US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).