USD/CHF opened Monday at 0.78230 and closed Friday at 0.78383, gaining 15 pips or 0.19%. The pair traded between a weekly high of 0.78989 on Thursday and a low of 0.78075 on Monday. Volume peaked mid-week at 44,661 contracts before tapering to 8,002 on Friday.
The week's price action centered on Thursday's sharp reversal from 0.78989. After testing the 0.7900 psychological level, USD/CHF dropped 683 pips from the high to close at 0.78306. The move coincided with broader dollar weakness as traders positioned ahead of month-end flows.
China's central bank activity provided context for broader dollar moves. The PBOC set its USD/CNY reference rate significantly above the Reuters estimate on Friday, reflecting yuan weakness. While this typically supports the dollar, safe-haven flows into the franc dominated USD/CHF price action.
No high-impact events are scheduled for the coming week. Without major data releases, USD/CHF will likely track broader dollar sentiment and risk appetite. Watch for any unexpected central bank communications or geopolitical developments that could trigger safe-haven flows into the franc.
Current positioning shows 54.4% of traders are long USD/CHF while 45.6% are short. This modest long bias suggests the market expects the dollar to strengthen against the franc. However, the relatively balanced positioning leaves room for movement in either direction without triggering a positioning squeeze.
The weekly high at 0.78989 stands as immediate resistance. If price closes above it, the round 0.7900 level becomes the next test. On the downside, the weekly low at 0.78075 provides support. A break below would bring the 0.7800 handle into focus.
Byline: LHFX Research
Risk disclaimer. CFD trading involves substantial risk and is not suitable for every investor. Leverage works both ways and can amplify losses beyond your initial deposit. The analysis above is general market commentary and does not constitute investment advice or a recommendation to buy or sell any instrument. LHFX is regulated by the FSC Mauritius and the FSCA in South Africa.
USDTRY traded in a narrow 384-pip range this week, closing virtually flat at 45.8940 as Turkish lira traded sideways.
LHFX 由以下实体组成：
LHFX 是 Longhorn Ltd 的交易名称。Longhorn Ltd 是一家毛里求斯公司，经毛里求斯金融服务委员会授权并受其监管，持有投资交易商牌照，牌照编号为 GB23202204，代码 SEC-2.1B。办公地址：Suite 102, 1st Floor, Sterling Tower, 14 Poudriere Street, Port-Louis, Mauritius。GBC 编号 C200455。
LHFX SA (PTY) Ltd 是一家经授权的金融服务提供商（"FSP"），在南非金融业行为监管局（"FSCA"）注册并受其监管，牌照编号为 52816。注册地址：1 Hood Avenue Rosebank Johannesburg Gauteng 2196。
Longhorn Ltd 不提供法币兑换服务，也不提供加密货币兑换服务。
本网站上的信息不构成，也不应被解释或理解为在任何司法管辖区从事任何投资或交易活动的诱导或招揽，在该司法管辖区，此类活动可能违反当地法律或法规。
LHFX 不向美国公民及居民，或任何此类分发或使用违反当地法律法规的国家的公民及居民提供服务。
风险警示
外汇、虚拟资产或其他场外产品的保证金交易风险较高，可能并不适合所有人。我们建议您根据自身情况，仔细评估交易是否适合您。
差价合约（CFD）是复杂的金融工具，因杠杆作用而存在较高的亏损风险。请考虑您是否了解 CFD 的运作方式，以及您是否能够承受亏损的高风险。
任何盈利均可能须缴纳税款，建议您就税务状况寻求独立专业意见。
