USDCHF Analysis
| Performance after Tuesday | |||
| Period | Pct | Chg | Momentum |
| Tuesday | -0.68% | -55.0 Pips | ▼ |
| Week to-date | 0.74% | 60.0 Pips | ▲ |
| July | 0.78% | 63.0 Pips | ▲ |
Upcoming key events (GMT+8)
| Time (GMT+8) | Currency | Impact | Event |
| Wed 08:30 PM | USD | HIGH | PPI excluding Food and Energy sectors (12-mth) |
| Thu 08:30 PM | USD | HIGH | Monthly Retail Trade (1-mth) |
What happened lately
On Tuesday, the USDCHF currency pair experienced a decline of 0.68%, closing at 0.80890. The day’s trading saw the pair reach a high of 0.81510 and a low of 0.80580, indicating a period of consolidation.
The price movement coincided with the release of key economic data from the United States. The Consumer Price Index (CPI) for June 2026 showed a decrease of 0.4%, which was below the consensus expectation of a 0.1% decline and significantly lower than the previous month’s increase of 0.5%. Additionally, the CPI excluding food and energy sectors remained unchanged, falling short of the anticipated 0.2% increase and matching the previous month’s figure.
Looking ahead, market participants will be closely watching upcoming economic events. On Wednesday at 08:30 PM GMT+8, the Producer Price Index (PPI) excluding food and energy sectors for the 12-month period will be released, followed by the Monthly Retail Trade data on Thursday at the same time. Both events are expected to have a high impact on the market.
The recent decline in USDCHF reflects a cautious market sentiment, likely influenced by the unexpected drop in the CPI figures. Traders may be adjusting their positions in anticipation of further economic data releases that could provide additional insights into the U.S. economic outlook.
What can we expect from USDCHF today?
USDCHF closed at 0.80890 on Monday, marking a daily decline of 0.68%. The pair’s outlook for Tuesday remains mixed, with key technical indicators providing potential guidance for traders.
📈 Bull Scenario If USDCHF manages to rebound, a bullish scenario could be triggered by a move above the daily pivot of 0.80993. Traders should watch for a break above the first resistance level (R1) at 0.81407, which could pave the way for further gains towards the second resistance level (R2) at 0.81923. The price currently remains above the 9-day EMA, supporting a potential upward move. | 📉 Bear Scenario Conversely, a bearish scenario may unfold if USDCHF continues its decline, particularly if it falls below the first support level (S1) at 0.80477. A sustained move below this level could lead to further downside towards the second support level (S2) at 0.80063. The falling stochastic indicator suggests potential for continued downward pressure. |
Key levels to watch out:
| R3 | 0.82337 |
| R2 | 0.81923 |
| R1 | 0.81407 |
| Daily Pivot | 0.80993 |
| S1 | 0.80477 |
| S2 | 0.80063 |
| S3 | 0.79547 |