The USD/CHF pair has extended its rally for a third consecutive day this week, renewing year-to-date highs and peaking at 0.8139—the highest level seen in 11 months. Currently, the pair is trading at 0.8124, representing a 0.34% gain.
USD/CHF Technical Analysis
Following a six-day winning streak, the technical outlook suggests that if the pair closes Wednesday’s session above the 0.8100 threshold, bulls may quickly target the 0.8200 level.
The Relative Strength Index (RSI) indicates that the pair is in overbought territory, although it remains below the critical 80 level. Generally, an RSI between 70 and 80 signals a strong uptrend, while readings exceeding 80 are typically the most reliable indicators of a potential market top.
Should the USD/CHF break above 0.8200, the next resistance levels are the June 19, 2025, daily high at 0.8215 and subsequently 0.8250. A breakthrough of the latter could open the door to 0.8300. Conversely, if bears push the price below 0.8100, the pair would find immediate support at the March 31 swing high of 0.8042, followed by the psychological support at 0.8000.
USD/CHF Daily Price Chart
Swiss Franc Weekly Performance
The following data outlines the percentage change of the Swiss Franc (CHF) against other major currencies this week, noting that the Swiss Franc has shown its strongest relative performance against the New Zealand Dollar.
USDEURGBPJPYCADAUDNZDCHFUSD0.93%0.21%0.26%0.47%1.58%1.69%0.60%EUR-0.93%-0.73%-0.61%-0.41%0.69%0.77%-0.32%GBP-0.21%0.73%-0.13%0.26%1.38%1.36%0.38%JPY-0.26%0.61%0.13%0.13%1.29%1.27%0.28%CAD-0.47%0.41%-0.26%-0.13%1.16%1.20%0.11%AUD-1.58%-0.69%-1.38%-1.29%-1.16%-0.03%-0.94%NZD-1.69%-0.77%-1.36%-1.27%-1.20%0.03%-0.94%CHF-0.60%0.32%-0.38%-0.28%-0.11%0.94%0.94%
The heat map displays the percentage changes between major currencies. The base currency is listed in the left column and the quote currency in the top row. For instance, intersecting the Swiss Franc (base) with the US Dollar (quote) shows the percentage change for CHF/USD.
