The post USD/CHF Price Forecast: Bulls break 0.8150 as CPI fuels Fed bets appeared on BitcoinEthereumNews.com.
The USDCHF climbs over 0.40% on Friday after US consumer inflation data, coupled with Thursday’s PPI, pushed investors to price in a Fed interest rate hike at next week’s meeting. The pair trades at 0.8165 after rebounding from daily lows of 0.8124. USD/CHF Price Forecast: Technical Outlook The USD/CHF daily chart shows the pair has bounced above a key resistance level at 0.8156, the September 2 high, opening the door to further upside. Momentum, as measured by the Relative Strength Index (RSI), is bullish. Therefore, the path of least resistance is tilted upward. If USD/CHF clears 0.8200, it paves the way to challenge the June 19, 2025, high of 0.8215. Above the next stop is the June 4 cycle high at 0.8250, followed by the psychological 0.8300 mark. On the other hand, for a bearish-biased shift, USD/CHF needs to clear the 50-day Simple Moving Average (SMA) at 0.8096 before retreating to the 100-day SMA at 0.8009. USD/CHF Price Chart – Daily 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 Canadian Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD 0.11% -0.10% -0.58% 0.28% -0.18% -0.26% 0.38% EUR -0.11% -0.23% -0.64% 0.19% -0.29% -0.42% 0.28% GBP 0.10% 0.23% -0.42% 0.41% -0.08% -0.17% 0.58% JPY 0.58% 0.64% 0.42% 0.87% 0.37% 0.29% 1.01% CAD -0.28% -0.19% -0.41% -0.87% -0.46% -0.56% 0.17% AUD 0.18% 0.29% 0.08% -0.37% 0.46% -0.10% 0.65% NZD 0.26% 0.42% 0.17% -0.29% 0.56% 0.10% 0.76% CHF -0.38% -0.28% -0.58% -1.01% -0.17% -0.65% -0.76% 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…
Be the first to comment