Will the Swiss franc, which has fallen against the yen, continue its decline or stabilize?

Will the Swiss franc, which has fallen against the yen, continue its decline or stabilize?

27.02.2026

In the U.S. currency market yesterday, the U.S. dollar fell against the yen despite the fact that the number of new U.S. unemployment insurance claims, released yesterday, declined from the previous figure of 1.869 million to 1.833 million.The USD/JPY pair fell from 156.429 to 155.711, dropping from the 20-period moving average (MA) to the 75-period MA on the hourly chart. On the 4-hour chart, the pair failed to hold above the 200-period simple moving average (SMA) after breaking through it, indicating heavy resistance at higher levels. Meanwhile, on the daily chart, the move appears to be a correction from an uptrend; however, with a resistance zone looming overhead, traders should pay close attention to price action during U.S. trading hours.

Among European currencies, the Swiss franc fell against the yen. The CHF/JPY pair dropped from 203.268 to 201.207. On the hourly chart, it fell from the +3σ to the -3σ Bollinger Band.On the 4-hour chart, the RSI has plummeted from 76 to 54, and on the daily chart, the pair attempted to reach an all-time high but was rejected and has since plummeted. However, since the upward trend along the 10-day moving average continues on the weekly chart, we will be closely monitoring price movements during European trading hours.

Today’s economic indicators include: Japan’s Tokyo Consumer Price Index at 8:30, Japan’s retail sales and department store/supermarket sales at 8:50, Japan’s industrial production and foreign/domestic securities investment at 8:50, the UK’s GfK Consumer Confidence Survey at 9:01, Japan’s housing starts at 14:00, South Africa’s trade balance at 15:00,at 5:00 PM the Swiss KOF Leading Index, at 10:00 PM the German Consumer Price Index and remarks by UK MPC member Pill, at 10:30 PM the US Producer Price Index and Canadian Real GDP, at 11:45 PM the US Chicago PMI, and at midnight US Construction Spending.I’d like to wait and see if the Swiss franc, which has fallen against the yen, will continue to slide lower.

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