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USD/CHF Price Forecast: Bulls retake control, eye 0.8300 break

USD/CHF Price Forecast: Bulls retake control, eye 0.8300 break
  • USD/CHF rebounds above 0.8240 as higher highs remain intact.
  • RSI turns higher, reinforcing renewed bullish momentum across the pair.
  • Break above 0.8263 exposes 0.8300, 0.8347 and 0.8400 next.

The USD/CHF pair climbs some 0.5% on Wednesday as the uptrend resumes following a retracement after hitting a yearly high on September 16 at 0.8263, which dragged the exchange rate below 0.8200, before recovering some ground. At the time of writing, the pair trades at 0.8244.

USD/CHF price forecast: Technical outlook

Given the recent rise in the US Dollar as markets price in Federal Reserve (Fed) rate hikes, USD/CHF could end the year on a higher note.

Bullish momentum has resumed as depicted in the Relative Strength Index (RSI). Along with price action respecting the bullish structure of successive higher highs and higher lows, this momentum can pave the way for further upside.

If USD/CHF clears the previous year-to-date high, it could test 0.8300. A decisive breakout can drive prices to May 29, 2025, high of 0.8347 before testing the 0.8400 figure. Once cleared, the next stop is on May 12, 2025, at 0.8476.

On the downside, if the pair retreats to 0.8200, a breakout could send USD/CHF to 0.8183, the Tuesday low. Beneath the next stop are the psychological key support levels at 0.8150 and 0.8100.

USD/CHF daily Price Chart

USD/CHF daily chart

Swiss Franc Price Today

The table below shows the percentage change of Swiss Franc (CHF) against listed major currencies today. Swiss Franc was the strongest against the Australian Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD 0.57% 0.78% 0.57% 0.23% 1.10% 0.95% 0.45%
EUR -0.57% 0.21% 0.02% -0.33% 0.54% 0.37% -0.11%
GBP -0.78% -0.21% -0.17% -0.54% 0.32% 0.16% -0.25%
JPY -0.57% -0.02% 0.17% -0.33% 0.51% 0.40% -0.05%
CAD -0.23% 0.33% 0.54% 0.33% 0.85% 0.72% 0.28%
AUD -1.10% -0.54% -0.32% -0.51% -0.85% -0.14% -0.56%
NZD -0.95% -0.37% -0.16% -0.40% -0.72% 0.14% -0.45%
CHF -0.45% 0.11% 0.25% 0.05% -0.28% 0.56% 0.45%

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 Swiss Franc from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent CHF (base)/USD (quote).