避险博弈瑞郎震荡待破

Core Viewpoint - The USD/CHF exchange rate remains stable with slight fluctuations, influenced by market risk appetite and central bank policies [1] Group 1: Market Dynamics - On November 24, the USD/CHF opened at 0.8081 and closed at 0.8082, with a trading range of 0.8075 to 0.8090 [1] - The Nasdaq Composite Index rose by 2.69% on the same day, increasing market risk appetite and suppressing the safe-haven demand for the Swiss Franc [1] - As of November 25, the USD/CHF rate showed a slight increase to 0.8083, reflecting mixed market factors including geopolitical tensions in the Middle East [1] Group 2: Economic Indicators - The 10-year government bond yields for the US and Switzerland are 4.035% and 1.25% respectively, providing a yield differential that supports the USD [1] - Switzerland's trade surplus expanded to 3.2 billion CHF in October, indicating economic resilience that offers implicit support for the Swiss Franc [1] Group 3: Technical Analysis - The USD/CHF is expected to trade within a range of 0.8079 to 0.8087, with support at 0.8075 and resistance at 0.8090 [2] - Current technical indicators show a neutral stance, with RSI at 47 and MACD near the zero line, indicating balanced buying and selling momentum [2] - A break below 0.8075 could lead to a test of the 0.8070 support level, while a move above 0.8090 may target 0.8095 to 0.8100 [2]