empty
05.05.2025 05:35 PM
USD/CHF: Analysis and Forecast

This image is no longer relevant

The USD/CHF pair remains under pressure at the start of the new week, attracting sellers for the second day in a row, weighed down by several factors. However, spot prices remain confined within the familiar range observed over the past two weeks.

The NFP (Nonfarm Payrolls) employment report shifted expectations for a Federal Reserve rate cut from June to July by 25 basis points. Rising economic uncertainty tied to tariffs and President Trump's policies continues to weigh on the dollar, prompting investors to favor safer assets such as the Swiss franc.

Trump's rapidly shifting trade policy toward China continues to fuel uncertainty in the markets. In addition, renewed escalations in Middle East conflicts are contributing to increased geopolitical risks. Investors remain cautious, which affects their risk appetite.

Nonetheless, ahead of this week's key central bank events—specifically the Fed's interest rate decision at the conclusion of its two-day meeting on Wednesday—investors are reluctant to aggressively sell the dollar. Today's release of the U.S. ISM Services PMI is seen as a potential short-term trading opportunity.

From a technical perspective, the nearest resistance for the pair lies at the 0.8275 level, followed by 0.8340. However, as long as the oscillators on the daily chart remain firmly in negative territory, the path of least resistance for the USD/CHF pair is to the downside.

A decisive break below the psychological level of 0.8200 would accelerate the decline toward the next support at 0.8189. Failure to defend this zone could lead to deeper losses, potentially revisiting April's lows.

Irina Yanina,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

EUR/USD: Weak Dollar Meets Indecisive Euro

The EUR/USD pair has consolidated above the 1.1200 level, reflecting the overall weakening of the U.S. dollar. The "bearish attack" we witnessed last week ended in failure. EUR/USD sellers were

Irina Manzenko 19:35 2025-05-20 UTC+2

Euro Exhausts Bullish Momentum

Inflation in the eurozone remained unchanged in April compared to March, fully in line with forecasts—2.2% year-over-year for the headline index, and 2.7% year-over-year for the core index. This inflation

Kuvat Raharjo 19:16 2025-05-20 UTC+2

AUD/NZD. Analysis and Forecast

The AUD/NZD pair is declining, drawing seller interest following the Reserve Bank of Australia's (RBA) decision to lower the official cash rate (OCR) by 25 basis points to 3.85%. Although

Irina Yanina 19:09 2025-05-20 UTC+2

USD/CAD. Current Market Situation Amid Mixed Fundamental Background

The pair is under pressure, trading within the familiar range established earlier. At the moment, the fundamental background is mixed. Crude oil prices are struggling to attract significant buyers, especially

Irina Yanina 19:07 2025-05-20 UTC+2

DXY. The U.S. Dollar Continues to Struggle

Today, the U.S. Dollar Index (DXY), which tracks the dollar's performance against a basket of currencies, is trading near its weekly low, continuing to fight for relevance. The lack

Irina Yanina 19:04 2025-05-20 UTC+2

The Dollar Is Back to Its Old Ways

Markets thrive on conspiracy theories more than anything else. Investors continue to believe that Donald Trump wants a weak dollar to boost the competitiveness of American manufacturers. It's no surprise

Marek Petkovich 18:54 2025-05-20 UTC+2

AUD/USD. RBA Delivers Dovish Scenario, but It's Too Early to Rush into Selling

The Reserve Bank of Australia (RBA) followed the most expected scenario at its May meeting, cutting the interest rate by 25 basis points. However, AUD/USD sellers remain vulnerable

Irina Manzenko 11:44 2025-05-20 UTC+2

Financial Markets Still Gripped by Uncertainty (Potential Decline in #USDX and Gold Prices)

Despite the 90-day truce between Beijing and Washington, market conditions remain extremely tense. Investors are uncertain about what will happen after three months—whether Donald Trump will hike tariffs again

Pati Gani 09:42 2025-05-20 UTC+2

The Market Ignores Warning Signs

When a crowd identifies a leader, it relentlessly pushes forward, clearing everything in its way. Retail investors heeded Morgan Stanley's call to "buy the dip" and began snapping up U.S

Marek Petkovich 09:11 2025-05-20 UTC+2

GBP/USD Overview – May 20: The British Pound Keeps Basking in the Sunlight

The GBP/USD currency pair traded higher on Monday, and we can "thank" the Moody's rating agency for that. As noted in the EUR/USD review, the U.S. credit rating was downgraded

Paolo Greco 07:31 2025-05-20 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.