Today, 08:23 AM
USD/CHF Market Review
As noted in our previous USD/CHF analysis dated January 8, 2026, this pair showed potential for an upside move. Ultimately, the price only managed to reach the first target at the 0.80000 psychological level and failed to hit the second objective due to the prevailing bearish trend.
While the primary trend on longer timeframes like the weekly chart remains downward, there are signs of exhaustion. However, if the key support at 0.76400 is breached, the outlook for a recovery will dim, and the potential for a move toward the 0.75500 round level will increase.
At present, the price has halted its decline upon reaching the historical support at 0.76400. The formation of a weekly hammer candlestick at this level, combined with a bullish RSI divergence, serves as the first warning that the downtrend is losing momentum.
In a bullish scenario, as long as the aforementioned floor holds, the price has the potential to rally toward the 0.78100 resistance and, in a more extended move, reach 0.78940.
On the fundamental side, recent sell-offs in leading tech stocks indicate a shift in risk appetite within the US market. Investors are pivoting toward stable cash flows and safe havens like bonds.
This flight from risk has boosted defensive demand for the dollar. Consequently, the greenback is expected to remain supported by these liquidity flows in the short term. Meanwhile, the market is looking ahead to today’s Fed minutes, which are expected to offer fresh clues on the timing and pace of potential interest rate cuts.