USD/CHF Price forecast: Expand the rebound as the Fed keeps the fees, Trump drives the USD

  • The USD/CHF quotes 0.8180, rising 0.08%, while the Fed maintains the types and contemplates two cuts in 2025.
  • Trump’s opening to conversations with Iran supports the demand for the dollar as a safe refuge despite the geopolitical risk.
  • The pair is consolidated between 0.8038–0.8350; The bullies point to 0.8233 and 0.8300 in case of rupture.

The USD/CHF advances for the fourth consecutive day after the decision of the Federal Reserve (FED) to maintain the types unchanged, although they are still contemplating two rate cuts in 2025. This, together with The comments of the US president, Trump, who is open to conversations with Iranit drove the dollar. At the time of writing, the PAR is quoted at 0.8180, rising 0.08%.

Forecast of the USD/CHF price: technical perspective

The price action suggests that the bassist trend of the USD/CHF is still valid, although since June 13 it seems to be consolidated within the range of 0.8038-0.8350 in the short term. This is because the relative force index (RSI) has remained flat in its 50th neutral line.

If the USD/CHF exceeds 0.82, buyers could try the 50 -day SMA at 0.8233. If it breaks, a rebound is expected towards 0.8300, which would clear the way to test the Diario de May 29, 0.8347, before 0.84. The other scenario would be whether the bearish trend resumes, but sellers need to exceed the figure of 0.8100. A rupture of this last will expose the minimum oscillation of June 17, 0.8054, before testing the annual minimum of 0.8038.

USD/CHF price chart – 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 pound sterling.

USD EUR GBP JPY CAD Aud NZD CHF
USD 0.46% 1.02% 0.28% 0.76% -0.42% -0.23% 0.81%
EUR -0.46% 0.44% -0.20% 0.31% -0.76% -0.67% 0.35%
GBP -1.02% -0.44% -0.60% -0.13% -1.19% -1.11% -0.09%
JPY -0.28% 0.20% 0.60% 0.48% -0.98% -0.84% 0.13%
CAD -0.76% -0.31% 0.13% -0.48% -1.09% -0.98% 0.04%
Aud 0.42% 0.76% 1.19% 0.98% 1.09% 0.08% 1.11%
NZD 0.23% 0.67% 1.11% 0.84% 0.98% -0.08% 1.03%
CHF -0.81% -0.35% 0.09% -0.13% -0.04% -1.11% -1.03%

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

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