USD/CHF Price Analysis: Extends bounce off 100-HMA towards 0.9230 key hurdle

USD/CHF picks up bids to reverse the previous day’s pullback from weekly high.
Convergence of one-week-old resistance line, descending trend line from early March prods Swiss Franc pair buyers.
Bears need validation from 13-day-old ascending support line to retake control.

Anil Panchal FXStreet

USD/CHF bulls are back to the table, following the previous day’s retreat, as the quote grinds higher around 0.9200 during early Thursday. In doing so, the Swiss currency pair bounces off the 100-Hour Moving Average (HMA) while also justifying the upward-sloping RSI (14) line, not overbought.

As a result, the USD/CHF buyers are likely to witness more gains. However, a convergence of an ascending trend line from the last Friday and a three-week-old descending resistance line, around 0.9230, appears a tough nut to crack for the pair buyers before retaking control.

In a case where the USD/CHF buyers manage to keep the reins past 0.9230, a run-up towards 0.9300 and the mid-month high surrounding 0.9340 can’t be ruled out. Though, a clear upside break of 0.9340 won’t hesitate to challenge the monthly peak of near 0.9440.

On the flip side, the 100-HMA level surrounding 0.9180 restricts the immediate downside of the USD/CHF price, a break of which could drag prices toward an ascending support line from March 13, close to 0.9150 at the latest.

It’s worth noting that the USD/CHF pair’s weakness past 0.9150 can make it vulnerable to testing the monthly low of around 0.9070.

Overall, USD/CHF is likely to rise further but the upside move needs validation from 0.9230.

USD/CHF: Hourly chart

Trend: Further upside expected

Additional important levels

Overview
Today last price	0.9193
Today Daily Change	0.0008
Today Daily Change %	0.09%
Today daily open	0.9185

Trends
Daily SMA20	0.9261
Daily SMA50	0.9252
Daily SMA100	0.9305
Daily SMA200	0.9524

Levels
Previous Daily High	0.9224
Previous Daily Low	0.9165
Previous Weekly High	0.9317
Previous Weekly Low	0.912
Previous Monthly High	0.9429
Previous Monthly Low	0.9059
Daily Fibonacci 38.2%	0.9187
Daily Fibonacci 61.8%	0.9201
Daily Pivot Point S1	0.9159
Daily Pivot Point S2	0.9133
Daily Pivot Point S3	0.91
Daily Pivot Point R1	0.9217
Daily Pivot Point R2	0.925
Daily Pivot Point R3	0.9276

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 gathers traction, approaches 1.1800

EUR/USD manages to reverse Tuesday’s pullback, advancing to two-day highs near the 1.1800 hurdle in the latter part of Wednesday’s session. The pair’s decent uptick comes on the back of the modest retracement in the US Dollar, as investors continue to closely follow developments on the trade front and news from the White House in the wake of President Trump’s SOTU speech.

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.

Crypto Today: Bitcoin, Ethereum, XRP test rebound strength as ETF inflows return

Bitcoin, Ethereum and Ripple are gaining traction at the time of writing on Wednesday, amid persistent market doldrums. The Crypto King is up over 2% intraday, trading above $65,000 from the day’s opening of $64,058.

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.