USDCHF Technical Analysis: Bearish Trend

USDCHF Technical Analysis: The USD/CHF pair is one of the most important currency pairs monitored by traders due to its role in representing the strength of the US dollar against one of the safest currencies, the Swiss franc. In this technical analysis of the USD/CHF pair today, we will review the general market trend, key support and resistance levels, and short-term trading expectations based on the latest technical data.

Market Overview and Trading Prices

As of the time of writing this report:

  • Current price: 10.8169
  • General trend: Bearish in the short term
  • Technical data used: Moving averages, MACD, Stochastic

The pair witnessed a significant decline after breaking a previous support area, with continued negative pressure resulting from the downward crossover of the moving averages and the formation of successive lower highs.

Technical Analysis of the USD/CHF Pair

Technical Trend:

The general trend is bearish, supported by the continued movement of prices below the moving averages (EMA 20, EMA 50, EMA 100), with a clear bearish price structure and the formation of descending price channels.

Technical Indicators:

  • MACD: Clearly negative with bars remaining below the zero line, reflecting strong selling momentum.
  • Stochastic: Heading towards the overbought zone (>55), which may herald a temporary upward correction before the decline resumes.

Forecast for Today: April 14, 2025

The downtrend for the USD/CHF pair is expected to continue unless the 0.82354 level is breached with a clear close. Any rise towards this level could be viewed as a new selling opportunity, with targets near the 0.81169 and then 0.80593 levels.

Suggested Trading Strategy:

  • In the event of a rise towards 0.82354 without a break: a selling opportunity.
  • Selling targets: 0.81169 – 0.80593
  • Suggested stop loss: a close above 0.82354
USDCHF Technical Analysis

Trading strategies based on Buy/Sell levels

USDCHF In case of buying in case of selling
Entry point 0.82354 0.81169
Target Point 1 (TP1) First resistance: 0.82828 First support: 0.80593
Target Point 2 (TP2) Second resistance: 0.83100 Second support: 0.80351
Stop Loss (SL) 0.81169 0.82354

 

The USD/CHF pair continues its downward trend, showing clear negative technical signals on the H1 timeframe. It is recommended to closely monitor support and resistance levels and take into account any signs of a trend change via candlesticks or indicators.

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