CHF – USD/CHF Maintains Upward Momentum
The USD/CHF pair rose to 0.8357 on Tuesday, a new high since May 2025. The pair has maintained its upward momentum since finding support at the 250-day moving average on August 20th, and has broken through the 0.82 level. Technically, the 10-day moving average has crossed above the 25-day moving average, forming a golden cross, suggesting that the USD/CHF pair is likely to maintain its upward trend in the short to medium term. Current resistance is seen at 0.8350, with the next level expected at 0.84 and then 0.85. Support levels are seen at 0.82 and 0.8150, with the next levels at the 100-day moving average at 0.8060 and 0.7950.
Forecasted range:
Resistance: 0.8350 – 0.8400 – 0.8500
Support: 0.8200 - 0.8150 - 0.8060 - 0.7950
This Week's News Highlights:
29/9
Swiss KOF August Leading Indicator: 109.1
Focus:
Wednesday
Swiss ZEW September Economic Expectations Index (16:00)
Thursday
Swiss August Retail Sales (14:30)
Swiss September CPI (14:30)
Swiss September PMI (15:30)
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