Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
6 December 2022 | Other

Credit Suisse: USDCHF is likely to continue its decline in December

USDCHF

USDCHF broke through the bottom of the key support zone at 0.9355. Credit Suisse analysts expect that the currency pair awaits more decline next month.

They believe that this move together with the DXY breaking its 200-Day Moving Average points to a further gradual decline of the pair next month. 

USDCHF has found support at 0.9325 and 0.9287. The analysts’ forecast shows that USDCHF weakness may solidify below 0.9287 and potential low for the pair will be at 0.9193 at the end of March.

It could then move above the 13-day exponential average at 0.9460, setting the stage for a short-term pause. If the pair is above the recent high at 0.9546, a former correction could be seen. 

Company MarketCheese

Recommended

European Union. Employment Change (QoQ). The value of the indicator remained at the same level of 0.1%
Just now
United States. Natural Gas Storage. The value of the indicator has increased from 92B to 95B
Yesterday at 2:30 PM
European Union. Retail Sales (YoY). The value of the indicator has decreased from 2.1% to 1%
Yesterday at 9:00 AM
European Union. Retail Sales (MoM). The value of the indicator has decreased from 0.8% to -0.4%
Yesterday at 9:00 AM
Australia. Trade Balance. The value of the indicator has increased from -1.024B to 1.791B
Yesterday at 1:33 AM
Top news
European Union. Retail Sales (MoM). The value of the indicator has decreased from 0.8% to -0.4%
Yesterday at 9:00 AM
European Union. CPI (MoM). The value of the indicator has decreased from 1% to 0.1%
2 June
United States. ISM Manufacturing PMI. The value of the indicator has increased from 52.7 to 54
1 June
European Union. Unemployment Rate. The value of the indicator remained at the same level of 6.3%
1 June
European Union. Manufacturing PMI. The value of the indicator has increased from 51.4 to 51.6
1 June
All news

Forecasts

GBPUSD sell
Period: 12.06.2026 Expectation: 800 pips
GBPUSD is stuck in flat trend amid Middle East uncertainty
Indicators and reports Technical analysis FA Other Indicators Fundamental analysis
Today at 07:06 AM 6
Emily_Foster
S&P 500 sell
Period: 11.06.2026 Expectation: 1650 pips
Selling S&P 500 with 7,370 in sight on rising likelihood of Fed’s hawkish policy
Technical analysis FA Other Indicators Chart analysis Fundamental analysis
Yesterday at 11:51 AM 28
Lyra_Moonwell1
Gold buy
Period: 05.06.2026 Expectation: 290 pips
Buying gold with $4,770 in view
Indicators and reports FA Other Hot news Chart analysis
Yesterday at 11:13 AM 50
Reed_Marcus
ETHUSD buy
Period: 31.10.2026 Expectation: 1000 pips
Buying Ethereum up to $2,800
TA Other
Yesterday at 10:59 AM 20
Bruce_Powers
S&P 500 buy
Period: 15.06.2026 Expectation: 600 pips
Invest in SPX as job growth holds steady
FA Other Chart analysis
Yesterday at 10:59 AM 10
McCarthy_Raymond
USDJPY buy
Period: 04.07.2026 Expectation: 2150 pips
Invest in USDJPY up to 162.00
Indicators and reports FA Other Hot news Chart analysis
Yesterday at 10:25 AM 21
Sinclair_John
Go to forecasts