empty
 
 
24.06.2025 06:25 PM
USD/CHF. Analysis and Forecast

This image is no longer relevant

Today, the USD/CHF pair continues to remain under pressure for the second day in a row, having dropped to the key psychological level of 0.8100 and updated its weekly low. The primary factor behind this movement is the weakening of the U.S. dollar amid a general decline in demand for it.

This image is no longer relevant

Following the release of U.S. business activity data, which turned out to be mixed, and more dovish remarks from FOMC members, investors' expectations for a Federal Reserve rate cut in July have increased. At the same time, President Trump's announcement of a ceasefire agreement between Israel and Iran has eased concerns over geopolitical risks and undermined the dollar's status as a global reserve currency.

The Swiss franc is receiving support from signals by the Swiss National Bank (SNB) that it does not plan further interest rate cuts. This disappointed investors who had anticipated a return to negative rates this year and now acts as a headwind for the USD/CHF pair.

From a technical standpoint, yesterday's break below the support level of 0.8150 increases the likelihood of further losses for USD/CHF. However, market participants remain cautious and are reluctant to make aggressive downside bets, preferring to wait for clearer signals from upcoming speeches by FOMC members and Federal Reserve Chair Jerome Powell before Congress.

Key macroeconomic data — particularly the Consumer Confidence Index — may influence dollar dynamics and provide additional momentum for the pair. Given that oscillators on the daily chart remain in negative territory, the path of least resistance for the pair is downward.

Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $1000 más!
    ¡En Junio, sorteamos $1000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 100% de bonificación
    Su oportunidad única de obtener un bono del 100 % en su depósito
    OBTENER BONO
  • 55% de bonificación
    Solicite un bono del 55% en cada depósito
    OBTENER BONO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback