Will the Swiss franc, which has been strengthening, maintain its momentum, or should we wait and see?

Will the Swiss franc, which has been strengthening, maintain its momentum, or should we wait and see?

16.02.2026

Last weekend, the Canadian dollar saw a back-and-forth movement against the yen. The CAD/JPY pair traded between 112.055 and 112.963, continuing to fluctuate around the 20-period moving average on the hourly chart.On the 4-hour chart, the pair is beginning to break free from the downtrend along the -2σ Bollinger Band, and on the daily chart, the RSI is reversing near the 38 level. Furthermore, during today’s Asian trading session, the pair has already rebounded by approximately 60 pips.

Among European currencies, the Swiss franc strengthened, following the pound. The USD/CHF pair fell from 0.7717 to 0.768. It pulled back after being capped by the 200-period EMA on the hourly chart.On the 4-hour chart, the pair is forming a triangular consolidation pattern, with highs declining and lows rising just below the 20-MA. Since the daily chart also lacks a clear direction, similar to the 4-hour chart, we will be closely monitoring price movements during U.S. trading hours.

Today’s economic indicators include Japan’s real GDP and GDP deflator at 8:50, the UK’s Rightmove house prices at 9:01, Japan’s industrial production at 13:30, a meeting between Prime Minister Takaichi and BOJ Governor Ueda at 17:00, and at 19:00, the Eurozone’sIndustrial Production, at 22:15: Canada’s Housing Starts and remarks by U.S. Federal Reserve Vice Chair Bowman, at 22:30: Canada’s Manufacturing Sales, and at 26:40: remarks by German Bundesbank President Nagel.I’d like to wait and see if the Swiss franc, which has been strengthening, can maintain its momentum.