๐ Technical Analysis โ USD/CHF (4H Chart)
Current price: 0.8308
Chart Outlook:
Strong bullish breakout above 0.8290โ0.8300 zone
Green arrow shows a projected move toward 0.8400โ0.8450
A clean higher low structure forming, supporting further upside
Key Technical Notes:
If price holds above 0.8290, bulls stay in control
Next major resistance lies near 0.8380โ0.8450 (April highs)
๐ Fundamental View โ USD/CHF
๐บ๐ธ U.S. Dollar
Eyes on U.S. CPI (May 15) and Retail Sales (May 16)
A hot CPI could trigger stronger USD, lifting USD/CHF
Fed pause still expected, but inflation surprises could delay rate cuts
๐จ๐ญ Swiss Franc
SNB is unlikely to hike in 2025; focus is on preventing excessive CHF strength
CHF typically acts as a risk-off hedge โ if risk sentiment improves, CHF weakens
โ Conclusion
USD/CHF has triggered a bullish breakout, targeting the 0.8380โ0.8450 range. The move will likely be powered by U.S. CPI and Retail Sales. A strong USD backdrop would keep the bullish structure intact, while a weak CPI print could cap the rally.
Current price: 0.8308
Chart Outlook:
Strong bullish breakout above 0.8290โ0.8300 zone
Green arrow shows a projected move toward 0.8400โ0.8450
A clean higher low structure forming, supporting further upside
Key Technical Notes:
If price holds above 0.8290, bulls stay in control
Next major resistance lies near 0.8380โ0.8450 (April highs)
๐ Fundamental View โ USD/CHF
๐บ๐ธ U.S. Dollar
Eyes on U.S. CPI (May 15) and Retail Sales (May 16)
A hot CPI could trigger stronger USD, lifting USD/CHF
Fed pause still expected, but inflation surprises could delay rate cuts
๐จ๐ญ Swiss Franc
SNB is unlikely to hike in 2025; focus is on preventing excessive CHF strength
CHF typically acts as a risk-off hedge โ if risk sentiment improves, CHF weakens
โ Conclusion
USD/CHF has triggered a bullish breakout, targeting the 0.8380โ0.8450 range. The move will likely be powered by U.S. CPI and Retail Sales. A strong USD backdrop would keep the bullish structure intact, while a weak CPI print could cap the rally.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.