USD/CHF Price Forecast: Traders eye 0.7800 as RSI turns bullish
USD/CHF softens to near 0.7750 ahead of US CPI inflation release
USD/CHF Price Forecast: Rebounds toward 0.78 as USD finds support
Intraday bias in USD/CHF stays neutral as range trading continues. On the downside, break of 0.7671 support will revive near term bearishness and bring retest of 0.7603 low.
USD/CHF steadies near 0.7800 on hopes for Iran conflict resolution
The US dollar has been a bit noisy to say the least on Monday, as we are trying to sort out risk appetite.
USD/CHF rises above 0.7800 on safe-haven demand, rising energy prices
USD/CHF Price Forecast: Struggles at 0.7800, dives below 50-day SMA
USD/CHF is slowly turning higher as the US dollar benefits from yield support, with dip-buying favored unless the pair breaks back below 0.76.
The resilience of the Swiss economy and inflation remaining below 1% have made the Swiss franc an attractive safe-haven asset amid an extremely tense geopolitical backdrop and elevated gold prices. As the USD/CHF chart shows, the US dollar fell against the Swiss franc below 0.7650 in February — the lowest level since summer 2011.
USD/CHF remains subdued near 0.7800 as US Dollar steadies on recent gains
USD/CHF edges higher as SNB intervention rhetoric caps Franc gains