Market Overview of USD/CHF
The USD/CHF pair has been in a steady downtrend over the past few weeks, hitting a multi-year low of 0.8036 earlier this month. However, as of today, the pair is attempting a modest recovery, trading near 0.8250. This rebound follows some U.S. economic optimism and speculation over potential Swiss National Bank (SNB) intervention to curb excessive CHF strength.
Current Market Sentiment
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Risk Appetite: Slightly improved, favoring a short-term USD rebound.
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Swiss Franc Bias: Still favored as a safe-haven currency.
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Dollar Bias: Firming due to better-than-expected U.S. PMI data.
Technical Outlook for USD/CHF Trading in Asia
USD/CHF remains technically weak on higher timeframes, though short-term indicators suggest an intraday bounce may continue if resistance levels are breached.
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Trend: Bearish (short-term bullish correction possible)
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Momentum: Neutral to bullish (intraday)
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Volatility: Moderate
Key Technical Levels for USD/CHF
Support Levels:
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0.8100 – Strong recent intraday support
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0.8036 – Multi-year low
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0.8000 – Psychological level
Resistance Levels:
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0.8300 – Intraday resistance
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0.8365 – Technical hurdle on the H4 chart
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0.8400 – Psychological barrier and potential trend reversal zone
Indicators and Chart Patterns
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RSI (14): 48 – Neutral zone, but trending up
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MACD: Bullish crossover on M30 chart
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200 EMA (H1): Price approaching from below; a key breakout signal
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Candlestick Formation: Bullish engulfing on M15 near 0.8200
Intraday Trading Strategy for USD/CHF Trading in Asia
🔼 Bullish Intraday Setup
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Entry: Buy above 0.8300 on confirmed breakout
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Take Profit: 0.8365 (TP1), 0.8400 (TP2)
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Stop Loss: 0.8250
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Rationale: If momentum sustains above 0.8300, buyers may retest upper zones.
🔽 Bearish Intraday Setup
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Entry: Sell near 0.8300 on rejection/wick reversal pattern
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Take Profit: 0.8150 (TP1), 0.8100 (TP2)
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Stop Loss: 0.8355
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Rationale: A failure to break above 0.8300 suggests continuation of the broader downtrend.
USD/CHF Scalping Strategy
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Timeframe: M5/M15
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Buy Zone: Between 0.8200–0.8230 (look for bullish candle close)
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Sell Zone: Near 0.8285–0.8300 (look for doji or pin bar)
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Target: 10–20 pips
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SL: 10–12 pips
Fundamental Factors to Watch of USD/CHF
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Swiss National Bank (SNB) Comments: Any indication of FX intervention could cause CHF weakness.
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US Economic Data: Durable goods, jobless claims, and GDP figures will influence USD strength.
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Geopolitical Events: Continued tensions in Eastern Europe or the Middle East could favor the Swiss Franc.
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Global Bond Yields: Rising U.S. yields could push USD higher against CHF.
Economic Calendar – April 25, 2025 (Key Events)
| Time (GMT) | Event | Impact |
|---|---|---|
| 12:30 PM | US Durable Goods Orders | High |
| 02:00 PM | US Consumer Confidence Index | Medium |
| 03:30 PM | SNB Monthly Bulletin | Medium |
Risk Management Strategies of USD/CHF
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Trade Size: Limit exposure to 1–2% per trade.
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Stop Placement: Always based on volatility and support/resistance structure.
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Avoid Trading During News Releases: Volatility spikes can trigger false breakouts.
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Use Trailing Stops: To secure profits during intraday swings.
Multi-Timeframe Confirmation
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M5–M15: Shows bullish momentum building.
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H1: Reversal signals emerging, but still under major resistance.
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H4: Overall downtrend intact; use higher TFs to avoid trading against the dominant trend.
Final Thoughts
USD/CHF is at a potential inflection point, where a breakout above 0.8300 could lead to a meaningful intraday rally. However, traders should remain cautious, as the long-term trend remains bearish, and CHF is still backed by strong demand. Effective risk management and confirmation through multi-timeframe analysis are crucial.




