USD/CHF Price Analysis: Battles at the 100-DMA around 0.9380s

USD/CHF is trapped within the 0.9340-0.9425 region for the fourth straight day.
USD/CHF Price Analysis: Negative divergence in the 4-hour chart opened the door for further losses.

Christian Borjon Valencia FXStreet

The USD/CHF is trimming some of Tuesday’s gains, dropping slightly above the 100-day Exponential Moving Average (EMA), which sits at 0.9384, after hitting a daily high of 0.9428. At the time of writing, the USD/CHF exchanges hands at 0.9387, below its opening price by 0.36%.

USD/CHF Price action

Since the start of the week, the USD/CHF remains range-bound within the 0.9340-0.9425 area. The Relative Strength Index (RSI) portrays buyers in charge, but its slope turned south, suggesting pressure is waning.

The USD/CHF 4-hour chart paints a different picture. As price action edged up, the RSI reached lower peaks. That means a negative divergence has formed, which usually anticipates a reversal. However, the USD/CHF would face solid support levels, as the EMAs are resting below the spot price.

Therefore, the USD/CHF first support would be the 20-EMA at 0.9374. A breach of the latter will expose the weekly low of 0.9341, followed by the 50-EMA at 0.9335, ahead of testing the 0.9300 mark. Once cleared, the next stop for USD/CHF sellers would be the 100-EMA at 0.9295, closely followed by the 200-EMA at 0.9278.

USD/CHF 4-hour chart

USD/CHF Key technical levels

USD/CHF

Overview
Today last price	0.9387
Today Daily Change	-0.0031
Today Daily Change %	-0.33
Today daily open	0.9418

Trends
Daily SMA20	0.9257
Daily SMA50	0.9255
Daily SMA100	0.9453
Daily SMA200	0.957

Levels
Previous Daily High	0.942
Previous Daily Low	0.9342
Previous Weekly High	0.9409
Previous Weekly Low	0.9221
Previous Monthly High	0.9429
Previous Monthly Low	0.9059
Daily Fibonacci 38.2%	0.939
Daily Fibonacci 61.8%	0.9371
Daily Pivot Point S1	0.9366
Daily Pivot Point S2	0.9315
Daily Pivot Point S3	0.9288
Daily Pivot Point R1	0.9445
Daily Pivot Point R2	0.9471
Daily Pivot Point R3	0.9523

Author

Christian Borjon Valencia

FXStreet

Markets analyst, news editor, and trading instructor with over 14 years of experience across FX, commodities, US equity indices, and global macro markets.

EUR/USD shifts its attention to 1.1900 and above

EUR/USD has shaken off Tuesday’s dip, pushing back beyond the 1.1800 mark amid decent gains as Wednesday’s session draws to a close. The rebound is largely driven by a modest pullback in the US Dollar, as markets digest the aftermath of President Trump’s SOTU speech and continue to monitor trade-related headlines and signals from the White House.

GBP/USD challenges multi-day highs near 1.3530

GBP/USD leaves behind the previous day’s decline and regains fresh upside traction on Wednesday, surpassing the 1.3500 barrier in a context of a modest decline in the Greenback and a generalised improved mood in the risk-linked space. Meanwhile, the US tariff narrative continues to dictate the mood among market participants after Presidet Trump’s SOTU speech failed to surprise markets.

Gold remains bid and close to $5,200

Gold buyers are returning to the fold on Wednesday, targeting the $5,200 area and possibly beyond, after Tuesday’s corrective dip from monthly highs. The rebound in the precious metal comes as the US Dollar loses traction, with Trump’s SOTU speech offering little fresh direction and AI-related nerves continuing to ease.

UK financial watchdog advances stablecoin oversight as four firms pilot issuance

The Financial Conduct Authority (FCA) in the United Kingdom (UK) is advancing toward the final stablecoin regulatory framework with a pilot program involving four companies, including Monee, Financial Technologies ReStabilise, Revolut and VVTX.

Nvidia earnings to influence AI trade and broader market sentiment

For the last three years, Nvidia has been the engine of the AI boom, and now Wall Street is watching to see whether that momentum can keep going. High-growth stocks have been struggling to maintain their bullish trend in 2026.

Cosmos Hub Price Forecast: ATOM rebounds slightly, bearish outlook remains intact

Cosmos Hub (ATOM) price rebounds, trading above $2.05 at the time of writing on Wednesday, after undergoing a sharp correction since last week. Weakening on-chain and derivatives data support a bearish outlook, while technical analysis remains unfavorable.