Currency pair Dollar Franc USD/CHF concludes the trading week near the level of 0.8260. The pair continues its movement within the framework of the decline development and begins to implement a “Triangle” pattern. Moving averages indicate the presence of a bearish trend. Prices have breached the area between signal lines downwards, indicating pressure from sellers of the US dollar currency and potential continuation of the decline already from current levels. At present, it is advisable to anticipate an attempt at developing a bullish price correction and testing the resistance area near the level of 0.8365. Subsequently, a bounce down and another attempt at continuing the depreciation of the currency pair with a potential target above the level of 0.7785.
USD/CHF Weekly Forecast May 26 — 30, 2025
Additional signals in favor of the currency pair Dollar Franc depreciation will come when it tests the bear trendline on the Relative Strength Index (RSI). The second signal will be a rebound from the upper boundary of the descending channel. Cancellation of the USD/CHF decline option for the current trading week will occur with strong price growth and a breach of the area 0.8645. This would indicate a breakthrough the resistance zone and continuation of the pair’s rise on Forex to a target above the 0.8875 area. Confirmation that the pair will depreciate for the current trading week from of May 26 — 30, 2025,will be when the support area is breached, and prices close below the level 0.8065.
USD/CHF Weekly Forecast May 26 — 30, 2025 anticipates an attempt at developing a bullish correction and testing the resistance level close to the area 0.8365. Then, continuation of the USD/CHF pair’s decline towards levels below 0.7785. A bearish scenario for USD/CHF will be reinforced by testing the trend line on the Relative Strength Index (RSI) indicator. Rejection of the USD/CHF decline option would occur upon breaking through the resistance area and closing prices above 0.8645, indicating continued growth in the pair with a potential target level above 0.8875.
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