USD/CHF Price Analysis: Bounces off monthly support to regain 0.9250

USD/CHF consolidates two-day losses, refreshes intraday high of late.
11-week-old horizontal hurdle lures bulls, 0.9100 becomes a tough nut to crack for bears.

Anil Panchal FXStreet

USD/CHF takes the bids to refresh daily top, around 0.9250, up 0.12% intraday, while snapping a two-day downtrend ahead of Wednesday’s European session.

In doing so, the Swiss currency pair rebounds from an ascending support line from September 03, around 0.9230 amid a firmer Momentum line.

The pair’s upside currently aims for July’s top near 0.9275 before challenging the monthly peak of 0.9332. Also, the 0.9300 threshold may offer an intermediate halt during the run-up.

Meanwhile, a downside break of 0.9230 may witness multiple supports around the 0.9200 round figure and the 0.9130 level.

However, a convergence of the 200-DMA and an ascending trend line from early June, close to 0.9100, will challenge the USD/CHF bears afterward.

To sum up, USD/CHF regains upside momentum but the bulls should stay cautious.

USD/CHF: Daily chart

Trend: Further recovery expected

Additional important levels

Overview
Today last price	0.9248
Today Daily Change	0.0012
Today Daily Change %	0.13%
Today daily open	0.9236

Trends
Daily SMA20	0.9192
Daily SMA50	0.9166
Daily SMA100	0.9122
Daily SMA200	0.9096

Levels
Previous Daily High	0.9284
Previous Daily Low	0.9225
Previous Weekly High	0.9325
Previous Weekly Low	0.9164
Previous Monthly High	0.9242
Previous Monthly Low	0.9019
Daily Fibonacci 38.2%	0.9248
Daily Fibonacci 61.8%	0.9261
Daily Pivot Point S1	0.9213
Daily Pivot Point S2	0.919
Daily Pivot Point S3	0.9155
Daily Pivot Point R1	0.9271
Daily Pivot Point R2	0.9307
Daily Pivot Point R3	0.933

Author

Anil Panchal

FXStreet

Anil Panchal has nearly 15 years of experience in tracking financial markets. With a keen interest in macroeconomics, Anil aptly tracks global news/updates and stays well-informed about the global financial moves and their implications.

EUR/USD recovers further from one-month low set on Friday, eyes mid-1.1800s on weaker USD

The EUR/USD pair is seen building on Friday's late recovery from the 1.1750-1.1740 region, or a nearly one-month trough, and gaining some follow-through positive traction at the start of a new week. The momentum lifts spot prices to the 1.1835 area during the Asian session and is sponsored by a broadly weaker US Dollar.

GBP/USD gathers strength above 1.3500 amid tariff confusion

The GBP/USD pair gains traction to around 1.3520 during the early Asian session on Monday. The US Dollar faces some selling pressure against the Cable as tariff uncertainty lingers. Traders will take more cues from the US Producer Price Index report for January, which will be published later on Friday.

Gold rallies above $5,150 as Trump’s tariffs boost haven demand

Gold price extends the rally above $5,150 in the Asian session on Monday. The precious metal extends the rally amid US President Donald Trump’s tariff threats and uncertainty, which boost safe-haven flows. US-Iran geopolitical risks also linger, supporting the Gold price upside.

Week ahead: Markets brace for heightened volatility as event risk dominates

Dollar strength dominates markets as risk appetite remains subdued. A Supreme Court ruling, geopolitics and Fed developments are in focus. Pivotal Nvidia earnings on Wednesday as investors question tech sector weakness. Yen and aussie diverge; both pound and euro could recoup their losses.

Liberation day take two, the tariff machine just changed gears

Let me caveat this from the outset. What we are watching is first-order mechanics, not the grand macro endgame. This is the market’s immediate reflex to a 15% Trump tariff levy dressed up as judicial drama. The Supreme Court blocked Trump tarrif hammer. The White House came back with a scalpel.

Ripple bulls defend key support amid waning retail demand and ETF inflows

XRP ticks up above $1.40 support, but waning retail demand suggests caution. XRP attracts $4 million in spot ETF inflows on Thursday, signaling renewed institutional investor interest.