USD/CHF Price Analysis: Bulls prod 0.9100, further upside appears difficult


  • USD/CHF grinds higher after bouncing off 0.9040 support confluence, mildly bid of late.
  • 50-EMA, one-month-old rising trend line prods bears amid upbeat oscillators.
  • Bulls have a tough road to travel amid presence of multiple EMAs, horizontal resistance.

USD/CHF picks up bids to 0.9105 as it clings to mild gains around 0.9100 during early Monday morning in Europe. In doing so, the Swiss Franc (CHF) pair rises for the second consecutive day while defending the previous day’s rebound from the 0.9040 support confluence.

That said, a convergence of the 50-day Exponential Moving Average (EMA) and an upward-sloping trend line from early May, facilitates the USD/CHF pair’s recovery amid bullish MACD signals and a firmer RSI (14) line, not overbought.

With this, the USD/CHF is likely to conquer the 10-week-old horizontal resistance area, as well as the 100-EMA, respectively around 0.9120 and 0.9130.

However, the RSI line is near the overbought territory and may prod the upside limit in case of the Swiss Franc (CHF) pair’s further upside, which in turn can challenge the USD/CHF bulls afterward.

In a case where the USD/CHF buyers remain hopeful past 0.9130, the late March swing high of around 0.9225 and the 200-EMA level of 0.9260 will challenge the pair buyers.

On the flip side, a daily closing below the aforementioned support confluence near 0.9040 can quickly fetch the USD/CHF price towards the 0.9000 round figure.

It’s worth noting, however, that the USD/CHF pair’s weakness past 0.9000 will make it vulnerable to revisiting the yearly low marked in May around 0.88220.

USD/CHF: Daily chart

Trend: Limited upside expected

Additional important levels

Overview
Today last price 0.9102
Today Daily Change 0.0010
Today Daily Change % 0.11%
Today daily open 0.9092
 
Trends
Daily SMA20 0.9004
Daily SMA50 0.9001
Daily SMA100 0.9127
Daily SMA200 0.9376
 
Levels
Previous Daily High 0.9093
Previous Daily Low 0.9035
Previous Weekly High 0.9148
Previous Weekly Low 0.9014
Previous Monthly High 0.9148
Previous Monthly Low 0.882
Daily Fibonacci 38.2% 0.9071
Daily Fibonacci 61.8% 0.9057
Daily Pivot Point S1 0.9054
Daily Pivot Point S2 0.9015
Daily Pivot Point S3 0.8996
Daily Pivot Point R1 0.9112
Daily Pivot Point R2 0.9131
Daily Pivot Point R3 0.917

 

 

Share: Feed news

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Recommended content


Recommended content

Editors’ Picks

EUR/USD hits two-week tops near 1.0500 on poor US Retail Sales

EUR/USD hits two-week tops near 1.0500 on poor US Retail Sales

The selling pressure continues to hurt the US Dollar and now encourages EUR/USD to advance to new two-week peaks in levels just shy of the 1.0500 barrier in the wake of disappointing results from US Retail Sales.

EUR/USD News
GBP/USD surpasses 1.2600 on weaker US Dollar

GBP/USD surpasses 1.2600 on weaker US Dollar

GBP/USD extends its march north and reclaims the 1.2600 hurdle for the first time since December on the back of the increasing downward bias in the Greenback, particularly exacerbated following disheartening US results.

GBP/USD News
Gold maintains the bid tone near $2,940

Gold maintains the bid tone near $2,940

The continuation of the offered stance in the Greenback coupled with declining US yields across the board underpin the extra rebound in Gold prices, which trade at shouting distance from their record highs.

Gold News
Weekly wrap: XRP, Solana and Dogecoin lead altcoin gains on Friday

Weekly wrap: XRP, Solana and Dogecoin lead altcoin gains on Friday

XRP, Solana (SOL) and Dogecoin (DOGE) gained 5.91%, 2.88% and 3.36% respectively on Friday. While Bitcoin (BTC) hovers around the $97,000 level, the three altcoins pave the way for recovery and rally in altcoins ranking within the top 50 cryptocurrencies by market capitalization on CoinGecko. 

Read more
Tariffs likely to impart a modest stagflationary hit to the economy this year

Tariffs likely to impart a modest stagflationary hit to the economy this year

The economic policies of the Trump administration are starting to take shape. President Trump has already announced the imposition of tariffs on some of America's trading partners, and we assume there will be more levies, which will be matched by foreign retaliation, in the coming quarters.

Read more
The Best Brokers of the Year

The Best Brokers of the Year

SPONSORED Explore top-quality choices worldwide and locally. Compare key features like spreads, leverage, and platforms. Find the right broker for your needs, whether trading CFDs, Forex pairs like EUR/USD, or commodities like Gold.

Read More

Forex MAJORS

Cryptocurrencies

Signatures

Best Brokers of 2025