-
- Interest Rate2.25
- Inflation Rate MoM0.5
- Inflation Expectations4.1
- Retail Sales MoM1.5
- GDP Growth Rate0
- GDP m/m0
- Manufacturing PMI51
- Services PMI 46.5
- Unemployment Rate6.7
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- 0Interest Rate
- 0.6Inflation Rate MoM
- 0.74Inflation Expectations
- 1.1Retail Sales MoM
- 0.2GDP Growth Rate
- GDP m/m
- 47.4Manufacturing PMI
- 54.2Services PMI
- 3.2Unemployment Rate
Day Trading
Short Term/Scalp Opportunity
Waiting for confirmations
Swing Trading
Long Term Opportunity
Waiting for confirmations
The Canadian Dollar (CAD) is the currency of Canada, and it is often referred to as the "Loonie" due to the loon bird depicted on the one-dollar coin. The CAD is heavily correlated with commodity prices, particularly oil, as Canada is one of the world’s largest oil exporters. The price of crude oil directly impacts the CAD’s value, making it a commodity-linked currency. The Bank of Canada (BoC) controls the monetary policy for the CAD. Other key price drivers for the CAD include interest rates, inflation data, and Canada’s trade balance. Economic growth in the US, as Canada’s primary trading partner, also affects the CAD, with stronger US demand often supporting a stronger Canadian Dollar. Fluctuations in global oil prices remain the most significant impact factor for the CAD.
The Swiss Franc (CHF) is the official currency of Switzerland and is considered one of the safest currencies in the world. Due to Switzerland’s political stability, strong banking system, and solid economic foundation, the CHF is viewed as a safe-haven currency, often strengthening during periods of geopolitical instability or financial crisis. The Swiss National Bank (SNB) is responsible for setting the country’s monetary policy. The price of the CHF is influenced by factors such as interest rates, inflation, and the country's trade balance. Additionally, the Franc tends to correlate with global risk sentiment, appreciating when investors seek safety in times of market turbulence. The CHF also sees price movements in relation to the Euro, given Switzerland's proximity to the Eurozone.
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 -- Neutral.
Ziwox considering Weak Bearish bias for this asset and we expect prices to decline in the long-term.
Our Ziwox A, mid-term Fundamental Score for CAD is 6. So, base on the Fundamental Score, we predict mid-term upside price movement.
Market Overview & Performance
In the current trading session, "London & New York", Market risk sentiment is Mix. The Australian dollar and EUR recorded the strongest performance, while the Canadian Dollar and United States Dollar are weakest so far.
Currencies performance vs US dollar "USD"
Gold "XAU", recorded a 0.16% increase against us dollar.
Euro "EUR", performance has been 0.37% up so far
Pond "GBP", performance has been 0.33% up as of now
Australian dollar "AUD", has risen by 0.52%
New Zealand dollar "NZD", has risen by 0.15%
Japanese YEN "JPY", experienced 0.2% rise
Swiss franc "CHF", experienced 0.35% rise so far
Canadian dollar "CAD", has lost -0.04%
Market Sentiment and Positioning
CAD COT (Commitments of Traders):
Institutions Net Position on >Canadian Dollar is 36159 included 93899 long, 57740 short and 15109 position changed from last week.
So they mainly have a bullish view on this asset and bought CAD for higher prices in long-term.
Last week 15109 repositioning Indicates that they are optimistic about higher prices in mid-term.
CHF COT (Commitments of Traders):
Institutions Net Position on >Swiss Franc is -41092 included 12152 long, 53244 short and 191 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 191 repositioning Indicates closed positions and short-term profit-taking.
Retail Traders:
Crowd traders or Retail traders are bullish on the CADCHF with 100% 0% ratio. 0 long pos and 0 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 0.56968.
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 0.58113. 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.
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