Will interest grow in the upside potential of the Swiss franc, which has risen against the yen?

Will interest grow in the upside potential of the Swiss franc, which has risen against the yen?

21.04.2026 New

In the previous day's U.S. currency trading, the U.S. dollar fell against the euro.The EUR/USD pair rose from 1.1729 to 1.1789. It turned upward, supported by the 200-period EMA on the hourly chart. On the 4-hour chart, price action has been directionless, fluctuating around the 20-period MA, while on the daily chart, prices have rebounded, supported by the 10-period MA. On the weekly chart, the pair has risen for four consecutive weeks and remains above the 20-period MA.

Among European currencies, the Swiss franc strengthened. The CHF/JPY pair rose from 202.757 to 204.132. On the hourly chart, the price moved from below the 20-period moving average (MA) to above it. On the 4-hour chart, the pair has entered a band-walking phase along the +2σ line of the Bollinger Bands, and on the daily chart, it has recovered to near all-time highs. The RSI has risen from 60 to 65. On the weekly chart, the pair has risen for three consecutive weeks.

Today’s key economic indicators include the New Zealand Consumer Price Index (CPI) at 7:45, the UK ILO unemployment rate and UK employment statistics at 15:00, remarks by German Bundesbank President Nagel at 15:30, the German ZEW Economic Sentiment Index and the Eurozone ZEW Economic Sentiment Index at 18:00, U.S. retail sales at 21:30,at 11:00 PM: U.S. Existing Home Sales and U.S. Business Inventories; at 11:00 PM: Confirmation hearing for Warsh, nominee for next Fed Chair; and at 1:15 AM: Remarks by SNB Board Member Tüdin. We will be watching for further upside potential in the Swiss franc, which has risen against the yen.

Past Market Reports

1. 21.04.2026New

   Will interest grow in the upside potential of the Swiss franc, which has risen against the yen?

2. 20.04.2026New

   With the euro-Australian dollar pair hitting new lows this month, attention is turning to how much further it might fall

3. 17.04.2026New

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

4. 16.04.2026New

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

5. 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

6. 14.04.2026

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

7. 13.04.2026

   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

8. 10.04.2026

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

9. 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?

10. 08.04.2026

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