empty
15.05.2025 07:11 PM
USD/CHF. Analysis and Forecast

This image is no longer relevant

The USD/CHF pair continues to decline, facing headwinds. Intraday losses are driven by selling pressure on the U.S. dollar, pushing spot prices back below the key 0.8400 psychological level — although bearish conviction remains limited for now.

This image is no longer relevant

The greenback is under pressure as many traders prefer to wait for the U.S. Producer Price Index (PPI) release and a speech by Federal Reserve Chair Jerome Powell, both scheduled for today. A slight deterioration in global risk sentiment, as reflected in the weak tone of equity markets, is also supporting demand for the Swiss franc as a safe-haven asset, further pressuring the USD/CHF pair to the downside.

However, optimism surrounding the 90-day trade truce between the U.S. and China and the broader de-escalation of trade tensions between the world's two largest economies is helping to cap the franc's gains. Additionally, diminished expectations for aggressive Fed rate cuts — amid reduced concerns over a U.S. recession — continue to offer support to the dollar, preventing a deeper slide in the pair and warranting caution for bearish traders.

To gain better trading opportunities, it would be prudent to await the PPI report due during the North American session. The broader fundamental backdrop also supports the case for dip-buying. As such, it would be wise to wait for a confirmed breakdown below the 0.8325 level — or below yesterday's swing low — before concluding that the recent recovery from the April low, as well as levels last seen in August 2011, has fully run its course. Notably, the Relative Strength Index (RSI) on the daily chart has yet to move into negative territory.

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

Traders Didn't Believe the Japanese Regulator

The Japanese yen lost some ground against the US dollar after Bank of Japan Governor Kazuo Ueda hinted today that the central bank may continue to slow the pace

Jakub Novak 11:16 2025-06-03 UTC+2

Market startles monster

Over time, we get used to everything — the good and the bad. Investors have finally come to terms with the fact that they will have to build businesses under

Marek Petkovich 10:44 2025-06-03 UTC+2

Deteriorating U.S. Economic Conditions Bring Fed Rate Cuts Closer (Potential for Continued Decline in #USDX and EUR/JPY Pair)

Although the market has largely stopped reacting to incoming economic data—especially from the U.S.—and is more focused on the geopolitical and economic moves of Donald Trump, who is steering

Pati Gani 09:52 2025-06-03 UTC+2

Everything Is Still Working Against the U.S. Dollar

Despite U.S. President Donald Trump's efforts to secure more trade agreements, the U.S. dollar continues to decline sharply against several other assets as negotiations with China and Europe falter

Jakub Novak 09:09 2025-06-03 UTC+2

What to Pay Attention to on June 3? A Breakdown of Fundamental Events for Beginners

There are only two macroeconomic reports scheduled for Tuesday. Although the first report looks significant on its own and the second one is directly related to the U.S. labor market

Paolo Greco 06:53 2025-06-03 UTC+2

GBP/USD Overview – June 3: Trump Deals Another Slap to the Dollar

The GBP/USD currency pair surged upward again on Monday. Just as the British pound had started a correction and even consolidated below the moving average line, Trump once again announced

Paolo Greco 04:38 2025-06-03 UTC+2

EUR/USD Overview – June 3: A New Round of Escalation in the Global Trade War

As we predicted, the EUR/USD currency pair collapsed on Monday. However, the collapse was not of the pair but rather of the U.S. dollar. Recall that over the weekend

Paolo Greco 04:35 2025-06-03 UTC+2

Trump: Tariffs Cannot Be Canceled

Donald Trump is prepared to fight for "his tariffs" until the end—or until victory. It's important to remember that court battles are nothing new for the current U.S. president. During

Chin Zhao 00:38 2025-06-03 UTC+2

EUR/USD. The Dollar Falls Out of Favor Again

The euro-dollar pair is once again attempting to breach the 1.14 figure. This is far from the first attempt by EUR/USD buyers over the past two months

Irina Manzenko 00:38 2025-06-03 UTC+2

The Euro Nears the Finish Line

Everything eventually comes to an end—both good and bad. One can debate endlessly whether the European Central Bank's deposit rate cut is positive or negative for the euro. However

Marek Petkovich 00:38 2025-06-03 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.