Swiss Franc Technical Outlook: USD/CHF Breakout Rally Tests Its Limits
USD/CHF has surged to fresh yearly highs, but stretched momentum is raising the risk of near-term exhaustion as the rally extends.
Written by
Michael Boutros
Sr. Technical Strategist
Swiss Franc Technical Outlook: USD/CHF Multi-Timeframe Analysis
Dollar Swiss franc breakout momentum is confirming a fourth straight weekly advance as Federal Reserve revisions lift the dollar. Michael Boutros, StoneX Media Senior Market Analyst, walks through the weekly, daily and four hour picture on Dollar Swiss and what is driving it. The advance now runs close to 3.9% off the August low, with daily momentum pushing into territory it has not held since June. Boutros also covers the Federal Reserve dot plot revision, what fed funds futures imply for the remaining cuts this year, and why the Swiss National Bank rate decision matters for the pair.
This content was created by an affiliate of StoneX Trading and represents the views and opinions of the author/speakers, not the views and opinions of StoneX Group Inc., or its subsidiaries. The content has not been independently reviewed by StoneX Trading
Key USD/CHF Economic Data Releases
Written by Michael Boutros, Senior Technical Strategist
Follow Michael on X @MBForex
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