USD CHF

The recent recovery in USD/CHF seems to be stalling as the exchange rate falls back from the former support zone around the 2023 low (0.8333).

Trade optimism send the US dollar higher for a second day, and sending demand for the Japanese yen and Swiss franc lower. This bodes well for my bullish outlook for USD/JPY and USD/CHF.

USD/CHF continues to recover from a fresh yearly low (0.8040) to pull the Relative Strength Index (RSI) out of oversold territory.

USD/CHF gives back the advance from earlier this week to keep the Relative Strength Index (RSI) in oversold territory.

The ‘end of U.S. exceptionalism’ trade is starting to feel crowded. A big beat on retail sales could flip the narrative and force a dollar short squeeze—just as reversal patterns emerge in USD/CAD and USD/CHF.

Treasury volatility has shaken the dollar’s safe haven tag, but oversold conditions and stabilising yields may pave the way for a squeeze in USD/CHF and USD/JPY.

The Swiss franc is surging, sending USD/CHF down to levels not seen since the SNB removed the peg from the euro. Its safe-haven buddy gold is also knocking on the door of its all-time high, with futures gapping up at the open.

The Swiss franc is surging as safe haven flows intensify ahead of Trump’s latest tariff move, with USD/CHF threatening to break to decade lows. With rate differentials no longer driving the pair, price action and sentiment are now in control.

USD/CHF extends the decline from the start of the week to keep the Relative Strength Index (RSI) in oversold territory.

Friday’s bounce has already been erased as traders use early rallies to reload short positions, with momentum and positioning pointing to further USD/CHF losses ahead.

The Swiss franc’s near-perfect correlation with yield spreads is driving USD/CHF lower, with key technical levels breaking down. With ISM services PMI and nonfarm payrolls ahead, is more downside in store?