USD/CHF Rebounds Above 0.8100 on Strong US Jobs Data

The currency pair climbs 0.6% after US employment figures boost demand for the dollar and technical support holds. The USD/CHF pair erased two days of losses, rising 0.6% to reclaim the 0.8100 level on Thursday. The move followed stronger-than-expected US jobs data, which

The currency pair climbs 0.6% after US employment figures boost demand for the dollar and technical support holds.

The USD/CHF pair erased two days of losses, rising 0.6% to reclaim the 0.8100 level on Thursday. The move followed stronger-than-expected US jobs data, which reinforced dollar strength and attracted buyers at the 50-day Simple Moving Average near 0.8052.

The pair maintains an uptrend, characterized by higher highs and lows, while the Relative Strength Index (RSI) crossed above its 50-neutral level, signaling bullish momentum. Resistance is eyed at 0.8150, with a potential push toward 0.8200 if breached. Downside support remains at 0.8100 and the 50-day SMA at 0.8052.

The Swiss Franc showed mixed performance against major currencies, with the strongest gains recorded against the Japanese Yen.

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