- The Franco shoots almost 1% while Trump’s tariff threats trigger risk aversion and deepen the drop in the dollar.
- The USD/Chf breaks below 0.8250, approaching the key support in the minimum of May 0.8184.
- The rupture of the bearish flag points to a possible test of the minimum of 2025 at 0.8038.
- Traders are launched into the Swiss Franco while US protectionism and tax risks scare markets.
The USD/Chf It continues to weaken as the bassist trend extends beyond 0.8250, since the torque loses almost 1%. Investors seeking security bought the Swiss Franco after US President Donald Trump threatened to impose 50% tariffs on Europe and 25% to Apple iPhones manufactured abroad. At the time of writing, the PAR is traded at 0.8203, in new minimum of two weeks.
Forecast of the USD/CHF price: technical perspective
At the time of writing, the USD/CHF is tilted down after having passed the bottom of a pattern of ‘bearish flag’, indicating that the pair could prove the minimum of the year to date (YTD) of 0.8038.
The impulse favors new falls, since the USD/CHF has achieved a successive series of lower maximum and minimum, with the relative force index (RSI) remaining in bassist territory.
On its way to the minimum of the YTD, the USD/CHF must fall below 0.8200. A rupture of the latter will expose the minimum of May, 0.8184, followed by 0.8100 and the 0.8050 mark.
On the positive side, buyers need to overcome the peak of May 22, 0.8396, before 0.8350 and 0.8400.
USD/CHF Price Graph – Diario
Franco Swiss Price this week
The lower table shows the percentage of change of the Swiss Franco (CHF) compared to the main currencies this week. Franco Swiss was the strongest currency against the US dollar.
| USD | EUR | GBP | JPY | CAD | Aud | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -1.58% | -1.84% | -1.90% | -1.78% | -1.42% | -1.72% | -1.86% | |
| EUR | 1.58% | -0.29% | -0.28% | -0.14% | 0.29% | -0.08% | -0.28% | |
| GBP | 1.84% | 0.29% | -0.27% | 0.15% | 0.58% | 0.21% | 0.00% | |
| JPY | 1.90% | 0.28% | 0.27% | 0.13% | 0.65% | 0.38% | 0.09% | |
| CAD | 1.78% | 0.14% | -0.15% | -0.13% | 0.37% | 0.06% | -0.14% | |
| Aud | 1.42% | -0.29% | -0.58% | -0.65% | -0.37% | -0.37% | -0.56% | |
| NZD | 1.72% | 0.08% | -0.21% | -0.38% | -0.06% | 0.37% | -0.20% | |
| CHF | 1.86% | 0.28% | -0.01% | -0.09% | 0.14% | 0.56% | 0.20% |
The heat map shows the percentage changes of the main currencies. The base currency is selected from the left column, while the contribution currency is selected in the upper row. For example, if you choose the Swiss Franco from the left column and move along the horizontal line to the US dollar, the percentage change shown in the picture will represent the ChF (base)/USD (quotation).
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
