USDCHF pared some of its gains after mixed economic data. Currently trading at 0.80780, it reached an intraday high of 0.80778.
US economic data on November 25, 2025 painted a classic “Goldilocks-but-getting-stickier” picture: September producer prices surprised to the upside with headline PPI jumping 0.3% m/m and y/y rising to 2.7%, driven by energy and signaling the disinflation process is stalling, while core PPI held steady at ~2.7-2.8%. Hours later, retail sales cooled to +0.4% m/m (from 0.6%) and core sales to +0.4% (from 0.7%), showing consumers are still spending but shifting into lower gear amid higher-for-longer rates and lingering inflation. Taken together, the releases reinforce a resilient yet decelerating economy—no imminent recession, no runaway boom—keeping the Fed in wait-and-see mode, trimming aggressive rate-cut bets, and leaving markets with a soft-landing scenario that’s a little warmer and slower than bulls hoped heading into 2026.
Technical Analysis Points to Further Bullishness
The pair is trading above the 55-EMA,the 200-EMA, and 365 EMA on the 4-hour chart, indicating a bullish trend. The immediate resistance is at 0.81050; any break above targets 0.8150/0.82180.
Support Levels and Potential Declines
On the downside, near-term support is around 0.8050; any violation below will drag the pair to 0.8020/0.8000/0.7965/ 0.7920/0.7865/0.7800.
Indicators (4-hour chart)
CCI (50) - Bullish
Directional Movement Index - Neutral
Trading Strategy Recommendation
It is good to buy on dips around 0.8050 with SL around 0.8050 for a TP of 0.8150/0.8218.
