The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
At present, USD/CHF shows no clear intraday direction and fluctuates within a narrow range just above the 0.8155 level, reflecting market uncertainty during the European session.
The Swiss franc is supported by a hawkish outlook from the Swiss National Bank (SNB), which stated its intention not to cut rates further. This disappointed investors who had anticipated a possible return to negative rates this year. Combined with rising geopolitical tensions in the Middle East, such factors enhance the Swiss franc's appeal as a safe-haven asset, creating headwinds for USD/CHF.
On the other hand, the US dollar remains resilient, maintaining a weekly upward trend thanks to hawkish signals from the Federal Reserve delivered earlier this week. Specifically, the Fed maintained its forecast of two potential rate cuts in 2025 while reducing expectations for cuts in 2026 and 2027. These statements support a generally positive sentiment toward the dollar, thereby providing some support to the USD/CHF pair.
Today, for better trading opportunities, attention turns to the release of the Philadelphia Fed Manufacturing Index. These figures could significantly impact US dollar dynamics and increase market volatility. In addition, the ongoing conflict between Israel and Iran adds further risk and uncertainty, increasing demand for safe-haven assets like the Swiss franc. This too creates short-term trading opportunities for USD/CHF.
From a technical perspective, the 0.8200 level remains a strong resistance barrier. If this level is breached, prices may aim for the supply zone around 0.8250. However, with oscillators still in negative territory, spot prices may struggle to rise above 0.8200.
On the other hand, immediate support is seen at 0.8155, followed by the psychological level of 0.8100.
*这里的市场分析是为了增加您对市场的了解，而不是给出交易的指示。
InstaSpot分析评论将让您充分了解市场趋势！ 作为InstaSpot的客户，您将获得大量的免费服务以实现有效的交易。
