USD/CHF Technical Analysis. The USD/CHF pair has been moving in a volatile range during recent sessions, influenced by fluctuating risk appetite in global markets and successive changes in US interest rate expectations. The pair appears to have entered a technically decisive phase, approaching strong support levels that could determine its direction during the current week.
USD/CHF Technical Analysis: Technical Overview:
The pair is currently trading near 0.8328 after a decline from last week’s high of 0.8450. The price has broken short-term support levels and is now approaching a critical rebound zone near 0.8300–0.8285, which could determine the fate of the next move, whether a rebound or continued decline.
Technical Indicator Analysis:
The MACD: shows a decline in upward momentum with a beginning turn negative, supporting the possibility of a continued decline in the short term.
Stochastic: has entered oversold territory with a potential bullish crossover, indicating a possible corrective bounce soon.
Moving Averages: The price is moving below all of the shorter-term moving averages (20–50), indicating continued downward pressure.
Expected Scenarios
Potential Bullish Scenario
If the price manages to rebound from the current area, the expected resistance will be at:
- 0.8347, an initial rebound level
- 0.8383, a strong resistance
- 0.8417, a major reversal pivot in the trend
Potential Bearish Scenario
If the pair fails to maintain the 0.8300 level, it may head towards:
- 0.8285 as critical immediate support
- 0.8265, which is considered a weekly low
- A break above it opens the way towards 0.8230 in the short term
Trading strategies based on Buy/Sell levels
| In case of buying | in case of selling | USDCHF |
| 0.83417 | 0.83160 | Entry point |
| First resistance: 0.83709 | First support: 0.82856 | Target Point 1 (TP1) |
| Second resistance 0.84009 | Second support 0.81956 | Target Point 2 (TP2) |
| 0.83160 | 0.83417 | Stop Loss (SL) |
The USD/CHF pair is undergoing a critical testing phase near important support levels. A positive scenario requires confirmation by breaking 0.8347, while a break of 0.8285 will return the pair to a downward trend that may extend towards 0.8230. Traders are advised to monitor the Federal Reserve minutes on Wednesday, as they will have the final say in determining the dollar’s direction during the second half of the week.
Key Economic News Impacting USD/CHF
- Tuesday, May 21, 2025: US Home Sales (April)
- Wednesday, May 22, 2025: US Federal Reserve Meeting Minutes
- Thursday, May 23, 2025: US Weekly Unemployment Claims
- Friday, May 24, 2025: Michigan Consumer Confidence Data
