The USD/CHF currency pair is ending the trading week with a decline near 0.7685. The pair continues to move as part of a downward trend and the beginning of a “Triangle” pattern. Moving averages indicate a bearish trend. Prices have broken below the area between the signal lines, indicating downward pressure from sellers of the US currency and a potential continuation of the instrument’s decline from current levels. At this point, we should expect an attempt at a bullish price correction and a test of the resistance area near 0.7765. Subsequently, a downward rebound and an attempt at continued decline are expected, with a potential target below 0.7245.
USDCHF Weekly Forecast February 2 – 6, 2026
An additional signal favoring a decline in the USD/CHF currency pair will be a test of the resistance line on the relative strength indicator (RSI). A second signal will be a rebound from the lower boundary of the “Triangle” pattern. A strong rally in the USD/CHF pair and a breakout of the 0.8175 area would cancel out the USD/CHF downside scenario this week. This would indicate a breakout of the resistance area and continued growth in the Forex market with a target above the 0.8475 area. A breakout of the support area and a close below 0.7605 would confirm a decline in the pair during the current trading week (February 2-6, 2026), indicating a breakout of the lower boundary of the bearish channel.
USDCHF Weekly Forecast February 2 – 6, 2026 suggests an attempt to develop a bullish correction and a test of the resistance level near the 0.7765 area. Subsequently, the USD/CHF pair should continue to decline below 0.7245. A test of the trend line on the relative strength indicator (RSI) would support a decline. The USD/CHF downside scenario would be cancelled if the pair breaks the resistance area and closes above 0.8175. This would indicate continued upside with a potential target above 0.8475.
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