The USD/CHF rises as commercial optimism fades in the US and the Swiss frank weakens for the feeling of risk

• The USD/CHF expands profits as the US dollar benefits from positive holders on commercial agreements.
• Applications for unemployment subsidy in the US fall to 228k, supporting the general strength of the USD.
• Technical indicators show key resistance at 0.9050 and support about 0.8900.

The USD/CHF torque is quoting up as the US dollar (USD) gains impulse for mixed economic signals and commercial optimism, while the Swiss Franco (CHF) weakens in the midst of a general feeling of risk appetite. The president of the USA, Donald Trump, announced a “great commercial agreement” with the United Kingdom (UK), although the initial emotion cooled after reports that indicated that a 10% tariff on the assets of the United Kingdom would remain, limiting the possible economic impulse of the agreement.

The US dollar index (DXY) remains firm, quoting about 100.00 while investors digest positive economic data and commercial holders. The initial applications for unemployment subsidy in the US fell to 228K for the week that ended on May 3, from 241K in the previous week, pointing out a resistant labor market. Meanwhile, the Bank of England (BOE) cut its reference interest rate at 25 basic points to 4.25%, further supporting USD as the performance differential is expanded.

In Switzerland, economic perspectives remain cloudy as global commercial uncertainties persist. The Swiss National Bank (SNB) has maintained a cautious posture, with recent data that suggest moderate inflationary pressures. This divergence in monetary policy has weighed over the CHF, making it less attractive in the current risk appetite environment.

Technical analysis

From a technical perspective, the USD/CHF is testing the resistance about 0.9050, with additional barriers at 0.9080 and 0.9100. Down, the support is observed at 0.9000, followed by 0.8950 and 0.8900. The RSI is in neutral territory, reflecting a balanced perspective, while the MACD shows an upward crossing, indicating potential for more profits. However, long -term mobile socks such as the 100 -day SMA (0.8920) and the 200 -day SMA (0.8880) suggest a long -term cautious perspective, highlighting the importance of an ascending impulse sustained for a significant breakup.

In summary, the USD/CHF remains supported by a combination of robust economic data from the US and moderate signals of European central banks. However, operators must monitor incoming data and geopolitical holders to detect potential volatility in the next sessions.

Daily graph