Will the market wait and see how much further the Swiss franc can rise against the U.S. dollar?

Will the market wait and see how much further the Swiss franc can rise against the U.S. dollar?

10.11.2025

Last weekend, the U.S. dollar rose against the yen.The USD/JPY pair rose from 152.813 to 153.589. On the hourly chart, the price moved from below the 20-period moving average (MA) to above it. On the 4-hour chart, the price rebounded with support from the 75-period MA, and on the daily chart, we are seeing an upward move from the 10-period MA, which the price had previously broken below. Furthermore, during today’s Asian session, the market opened with a gap of about 20 pips higher, indicating a continuation of the upward trend.

Among European currencies, the Swiss franc rose against the U.S. dollar. The USD/CHF pair fell from 0.8084 to 0.8032.The price fell to just below the 200-period SMA on the hourly chart. On the 4-hour chart, the candlesticks continued to fall toward the support line at the 75-period MA. On the daily chart, the price continues to pull back from the +2σ line of the Bollinger Bands. Meanwhile, on the weekly chart, the pair is struggling to break above the resistance line at the 20-period MA.

Today’s key events include remarks by RBA Deputy Governor Hauser at 8:30, the release of key opinions from the Bank of Japan’s Monetary Policy Meeting at 8:50, remarks by BOJ Board Member Nakagawa at 12:40, and at 14:00, theJapan’s Leading Economic Index and Coincident Economic Index at 12:40, remarks by UK BOE Deputy Governor Lombardelli at 18:00, and a US 3-year Treasury auction at 27:00. We intend to cautiously monitor the upside potential of the Swiss franc, which has risen against the US dollar.

Past Market Reports

1. 17.04.2026New

   Will the market wait and see how much further the U.S. dollar can rise against the yen?

2. 16.04.2026New

   Will the weakening Swiss franc recover? Attention is turning to price movements during European trading hours.

3. 15.04.2026New

   Market participants are likely keeping a close eye on the upside potential of the euro, which has risen against the U.S. dollar

4. 14.04.2026New

   Should we keep an eye on remarks by key figures in the U.S. and try to gauge the direction of currency strength?

5. 13.04.2026New

   Market participants are likely watching for signs of a rebound in the Canadian dollar, which fell against the U.S. dollar following the release of employment figures

6. 10.04.2026

   Will the weakening Swiss franc continue to strengthen against the yen, or should we wait and see?

7. 09.04.2026

   Will the U.S. dollar, which has fallen against the yen, continue its downward slide, or should we wait and see how the market moves?

8. 08.04.2026

   Should we keep an eye on the upside for European currencies that have risen against the U.S. dollar?

9. 07.04.2026

   Market participants may be wary of further downside potential for the U.S. dollar, which has weakened amid concerns over the situation in Iran

10. 06.04.2026

    Investors should be wary of sudden spikes in volatility while major markets are closed