|

USD/CHF Price Analysis: Seesawed in a 200-pip range, hovers around parity amid a soft US Dollar

  • USD/CHF is set to finish the week with losses of 0.45%.
  • Failure to reclaim 1.0027 would confirm the USD/CHF rising wedge break, which would target the 200-day EMA at 0.9567.

USD/CHF retraces from daily highs reached in the North American session around 1.0147 but trimmed its gains, plunging below 1.0000 towards its daily low at 0.9961, as the Japanese government and the Bank of Japan (BoJ) recognized intervening in the FX markets, propelling the yen a headwind for the USD/CHF. At the time of writing, the USD/CHF is trading at 1.0003, clinging to parity.

USD/CHF Price Forecast

The USD/CHF daily chart illustrates the pair broke above the top-trendline of a bearish rising wedge, though retraced within, on the BoJ intervention. As the BoJ hit the greenback, the USD/CHF tumbled below the bottom-trendline of the rising wedge, opening the door for further losses. Albeit the USD/CHF trimmed some of its losses, the major remains below the previously-mentioned trendline. So further downward action is warranted.

Therefore, the USD/CHF first support would be the parity. Break below will immediately expose the October 21 daily low at 0.9961, followed by the 20-day Exponential Moving Average (EMA) at 0.9928, ahead of 0.9900.

On the other hand, if the USD/CHF reclaims 1.0027, it would exacerbate a re-test of 1.0100, as buyers target the YTD high at 1.0147.

USD/CHF Key Technical Levels

USD/CHF

Overview
Today last price1.001
Today Daily Change-0.0022
Today Daily Change %-0.22
Today daily open1.0032
 
Trends
Daily SMA200.9922
Daily SMA500.9761
Daily SMA1000.9716
Daily SMA2000.9567
 
Levels
Previous Daily High1.0069
Previous Daily Low0.9995
Previous Weekly High1.0074
Previous Weekly Low0.9916
Previous Monthly High0.9966
Previous Monthly Low0.948
Daily Fibonacci 38.2%1.0023
Daily Fibonacci 61.8%1.004
Daily Pivot Point S10.9995
Daily Pivot Point S20.9958
Daily Pivot Point S30.9921
Daily Pivot Point R11.0069
Daily Pivot Point R21.0106
Daily Pivot Point R31.0143

Author

Christian Borjon Valencia

Christian Borjon began his career as a retail trader in 2010, mainly focused on technical analysis and strategies around it. He started as a swing trader, as he used to work in another industry unrelated to the financial markets.

More from Christian Borjon Valencia
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

EUR/USD ticks lower following the release of FOMC Minutes

The US Dollar found some near-term demand following the release of the FOMC meeting minutes, with the EUR/USD pair currently piercing the 1.1750 threshold. The document showed officials are still willing to trim interest rates. Meanwhile, thinned holiday trading keeps major pairs confined to familiar levels.

GBP/USD remains sub- 1.3500, remains in the red

The GBP/USD lost traction early in the American session, maintaining the sour tone and trading around 1.3460 following the release of the FOMC meeting minutes. Trading conditions remain thin ahead of the New Year holiday, limiting the pair's volatility.

Gold stable above $4,350 as the year comes to an end

Gold price got to recover some modest ground on Tuesday, holding on to intraday gains and changing hands at $4,360 a troy ounce in the American afternoon. The bright metal showed no reaction to the release of the FOMC December meeting minutes.

Ethereum: ETH holds above $2,900 despite rising selling activity

Ethereum (ETH) held the $2,900 level despite seeing increased selling pressure over the past week. The Exchange Netflow metric showed deposits outweighed withdrawals by about 400K ETH. The high value suggests rising selling activity amid the holiday season.

Economic outlook 2026-2027 in advanced countries: Solidity test

After a year marked by global economic resilience and ending on a note of optimism, 2026 looks promising and could be a year of solid economic performance. In our baseline scenario, we expect most of the supportive factors at work in 2025 to continue to play a role in 2026.

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is.  Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries (DAT), adoption of AI and tokenization of Real-World-Assets (RWA).