CADCHF Analysis

Introduction

The CAD/CHF reflects the relationship between the Canadian economy, which is heavily reliant on oil exports, and the Swiss economy, known for its political stability and financial services sector. This pair is influenced by the price of oil, as Canada is a major oil exporter. The Bank of Canada (BoC) and the Swiss National Bank (SNB) impact the pair through their monetary policies. The CAD/CHF also responds to global risk sentiment, with the CAD appreciating when oil prices rise, while the CHF tends to strengthen during periods of market uncertainty. Economic data from Canada (especially oil-related) and Switzerland’s economic stability are key drivers.

Fundamentals and Interest Rates

The Bank of Canada policy is Dovish with the (BOC) current Interest rate 2.25%. Latest change was Oct 29, 2025 (-25bp)%.
On that side the Swiss National Bank policy is Dovish and (SNB) has set its interest rate to 0% by latest change, Jun 19, 2025 (-25bp).
(BOC) Higher interest rates generally lead to higher returns on investments denominated in CAD. This tends to attract foreign capital into CAD assets.

Based on the economic and macro fundamental data, The Fundamental Bias of CAD is Weak Bearish and for the CHF is Moderate Bearish.
Ziwox considering Weak Bullish bias for this asset and we anticipate long-term price increases.
Our Ziwox A, mid-term Fundamental Score for CAD is -2. and Fundamental Score for CHF is -1. So, base on the Fundamental Score, we predict mid-term downside price movement.

Market Overview & Performance

In the current trading session, "London & New York", Market risk sentiment is Strong Risk-OFF. The United States Dollar and Yen recorded the strongest performance, while the British pound and EUR are weakest so far.

Currencies performance vs US dollar "USD"
Gold "XAU", recorded a -0.27% decrease against us dollar.
Euro "EUR", performance has been -0.33% down so far
Pond "GBP", performance has been -0.35% down as of now
Australian dollar "AUD", has dropped by -0.19%
New Zealand dollar "NZD", has dropped by -0.3%
Japanese YEN "JPY", experienced -0.06% fall
Swiss franc "CHF", experienced -0.3% fall so far
Canadian dollar "CAD", has lost -0.23%
Market risk sentiment is OFF, Investors seek safety, favoring safe-haven currencies and assets while selling off riskier investments.Due to the market risk sentiment, CADCHF price reduction is likely. Becasue investors become risk-averse from CAD, seeking safety amid uncertainty or market turmoil, leading to a sell-off in riskier assets and a flight to safe havens like the USD, JPY, and gold. Currencies tied to riskier economies (e.g., AUD, NZD) tend to weaken.

Market Sentiment and Positioning

CAD COT (Commitments of Traders):

Institutions Net Position on >Canadian Dollar is -114806 included 18035 long, 132841 short and -7629 position changed from last week.
So they mainly have a bearish view on this asset and sold CAD for lower prices in long-term.
Last week -7629 repositioning Indicates more sell positions and price pressure in short-term.

CHF COT (Commitments of Traders):

Institutions Net Position on >Swiss Franc is -23018 included 8227 long, 31245 short and 3022 position changed from last week.
So they mainly have a bearish view on this asset and sold CHF for lower prices in long-term.
Last week 3022 repositioning Indicates closed positions and short-term profit-taking.

Retail Traders:

Crowd traders or Retail traders are bullish on the CADCHF with 75% 25% ratio. 6630 long pos and 2057 short position.
We generally adopt a contrarian approach towards crowd sentiment and we give probability CADCHF prices may decrease.

Technical Levels and Support/Resistance

The CADCHF pair is approaching a critical technical support level near 0.56752.
Technical trend is BUY, If the pair continues to weaken, this support could become a good area to enter a long positions.
On the upside, there is key resistance near 0.57871. Technically, A break above this resistance could signal a shift in momentum, but need to get a confirmation in this area due to the reversal or correction potential.