USDCHF Analysis for October 23, 2025

Analysis of currency pairs based on modified wave analysis, Fibonacci levels, and price channels. 23.10.2025.

USDCHF

The trend is downward. The pair is trading between the 365 and 135 EMAs. The upward wave structure is truncated. On the Awesome Oscillator there is a bearish divergence, and the Stochastic Oscillator signals overbought conditions.

Trading idea:
Sell upon the formation of a downward wave structure, where wave (A) breaks the sloping channel of the truncated upward structure.

Stop Loss — 0.7978.
Target levels — 0.7925; 0.7884.