U.S. dollar bulls seem to be respecting USD/CHF’s long-term support zone!
Think this means the Greenback will gain more pips on the Swiss franc in the next few days?
Here’s what we’re looking at on the daily time frame:
USD/CHF Daily Forex Chart by TradingView
The U.S. dollar is kicking off the 2026 trading year on solid footing, as traders largely shrug off the implications of U.S. military action in Venezuela and turn their attention to this week’s U.S. data releases.
Most major dollar counterparts are on the back foot, and even the safe haven Swiss franc is not being spared.
Remember that directional biases and volatility conditions in market price are typically driven by fundamentals. If you haven’t yet done your homework on the U.S. dollar and the Swiss franc, then it’s time to check out the economic calendar and stay updated on daily fundamental news!
USD/CHF, which printed lows near .7860 in late December, is now trading roughly 50 pips above the .7900 major psychological handle.
What makes this move more interesting is that the .7900 area sits near a key range support zone that has held firm since July.
If the pair sees further follow-through and can trade consistently above .8000, that could set a bullish tone and open the door toward higher areas of interest like .8050 or .8100.
On the flip side, a turn lower and sustained price action below .7900 would bring bearish pressure back into focus and could drag USD CHF toward the .7850 prior lows or even fresh multi-month lows.
Whichever bias you end up trading, don’t forget to practice proper risk management and stay aware of top-tier catalysts that could influence overall market sentiment!
Disclaimer:
Please be aware that the technical analysis content provided herein is for informational and educational purposes only. It should not be construed as trading advice or a suggestion of any specific directional bias. Technical analysis is just one aspect of a comprehensive trading strategy. The technical setups discussed are intended to highlight potential areas of interest that other traders may be observing. Ultimately, all trading decisions, risk management strategies, and their resulting outcomes are the sole responsibility of each individual trader. Please trade responsibly.
