USDCHF Price: Bullish Trend May Commence Soon

Bullish reversal envisaged at $0.76 line

USDCHF Price Analysis – 08 February

If selling pressure can hold below the $0.76 support level, the price may go below $0.75 and approach the $0.74 hedging scenario. If traders push the price from $0.77 to $0.78 it could rise sharply to $0.79.

Key Levels:

Resistance levels: $0.77, $0.78, $0.79

Support levels: $0.76, $0.75, $0.74

USDCHF Long-term trend: Bearish

The last five days have seen a drop on the USDCHF chart. Since the price of USDCHF was at $0.80 two months ago, there has been a lot of demand for it. Since December, traders have been influencing the USDCHF market. A few days ago, the exchange rate was $0.79. At the first suggested entry point, a bearish engulfing candle pattern appeared, and the price fell to $0.77. A bearish harami candle pattern was also observed close to the first anticipated barrier level, and the price has been falling ever then. The current target price of $0.76 is the result of the chart’s notable turnaround.

Strong momentum is evident as the USDCHF exchange rate is currently below the Hull Suite.

Although the $USDCHF Is Profitable, I Obtained a Comparable Setup on the $JPN.

While the $USDCHF is in profit, I got a similar set up on the $JPN

Let’s see. https://t.co/y2CjEJIp4l pic.twitter.com/1eQcxURjxO

— Diacrys🪐 (@OlagbemiToluwa1) February 4, 2026

The forex signal QQE MOD, which is below the zero line, indicates a bearish trend. If selling pressure can hold below the $0.76 support level, the price may go below $0.75 and approach the $0.74 hedging scenario. If traders push the price from $0.77 to $0.78 it could rise sharply to $0.79.

USDCHF Medium-term Trend: Bearish

The medium-term forecast for the USDCHF is bleak. A few days ago, negative pressure was applied by the twin top chart pattern close to the $0.80 hedging level. On January 16, around $0.80, the price made an effort to break above the inner bar candle pattern; following that, the trend deteriorated. Since the price has been falling, the market might start a bullish trend the next week if bulls are able to break the $0.77 barrier. Bulls are gathering momentum.

When the currency pair is above the Hull Suite signal, a bullish trend is confirmed. If the QQE MOD is more than zero, any buying pressure is taken into account.

Start using a world-class auto trading solution

 You can purchase Lucky Block here. Buy LBLOCK