USD/CHF Price Analysis: Golden cross loom, bulls hopeful target 0.9100

USD/CHF finds support at 0.9010, with buyers lifting pair to 0.9057 in late North American session.
'Golden cross' formation of 50-day moving average crossing above 200-day moving average opens door for bullish resumption.
Sellers must push prices below 0.9000 mark and reclaim latest cycle low at 0.8887 to maintain control.

Christian Borjon Valencia FXStreet

The USD/CHF finds some support at around the 0.9010 area, though it failed to print a green day on Thursday after market participants speculated the Federal Reserve isn’t raising rates again. However, buyers entered the market late in the North American session and lifted the pair to current exchange rates at 0.9057, almost flat as the Asian session began.

From a technical standpoint, the pair is set to extend its gains as the 50-day moving average (DMA) is about to cross above the 200-DMA, forming a ‘golden cross’ and opening the door for a bullish resumption. However, USD/CHF buyers must reclaim the latest swing high at 0.9112 before setting their sights at the latest cycle high at 0.9245, the October 3 high. Once those two levels are cleared, the year-to-date (YTD) would be exposed at 0.9440.

On the other hand, for sellers to keep in control, they must push prices below the 0.9000 mark, the confluence of the 50 and 200-DMA. Once cleared, they must reclaim the latest cycle low at 0.8887, the October 24 low.

USD/CHF Price Chart– Daily

USD/CHF Technical Levels

USD/CHF

Overview
Today last price	0.9058
Today Daily Change	-0.0020
Today Daily Change %	-0.22
Today daily open	0.9078

Trends
Daily SMA20	0.9016
Daily SMA50	0.8994
Daily SMA100	0.8897
Daily SMA200	0.9006

Levels
Previous Daily High	0.9113
Previous Daily Low	0.9071
Previous Weekly High	0.9035
Previous Weekly Low	0.8888
Previous Monthly High	0.9244
Previous Monthly Low	0.8888
Daily Fibonacci 38.2%	0.9087
Daily Fibonacci 61.8%	0.9097
Daily Pivot Point S1	0.9062
Daily Pivot Point S2	0.9046
Daily Pivot Point S3	0.902
Daily Pivot Point R1	0.9103
Daily Pivot Point R2	0.9129
Daily Pivot Point R3	0.9145

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.

GBP/USD appears well offered near 1.3160

GBP/USD builds on Tuesday’s losses, although it now manages to pick up some pace and bounce off earlier multi-month troughs near 1.3140. The Greenback’s solid performance and continued political turmoil in the UK are keeping Cable under persistent pressure, with little sign of a meaningful recovery.

EUR/USD trims losses, hovers around 1.1350

EUR/USD now regains some composure and rebounds to the 1.1350 zone on Wednesday, partially reversing the prior pullback to fresh yearly lows near 1.1320. Meanwhile, spot remains on the back foot as the US Dollar continues to draw support from hawkish Fed expectations and uncertainty over the outcome of US-Iran peace negotiations.

Gold pressured near fresh 2026 lows

Gold accelerates its decline and gyrates around the key $4,000 mark per troy ounce on Wednesday, its lowest level since November 2025. In the meantime, tighter-for-longer Fed expectations and a broadly firmer US Dollar continue to weigh on the yellow metal, while uncertainty surrounding a potential US-Iran peace agreement has done little to revive demand for the safe haven space.

Crypto Today: Bitcoin, Ethereum, XRP trade under pressure as September Fed rate-hike odds increase

Bitcoin is trading between $62,000 and $63,000 at the time of writing on Wednesday, weighed down by headwinds stemming from macroeconomic uncertainty and geopolitical tensions in the Middle East.

US-Iran talks: The next 60 days will decide where Oil prices go next

Oil markets received some encouraging news after weeks of rising tensions in the Middle East. But let’s not get ahead of ourselves: we’re far from victory, and markets just seem to have priced out the worst-case scenario. The US and Iran have reportedly made "substantive progress" in talks in Switzerland and agreed on a framework for working toward a broader deal within 60 days.

Regime change: Inside Kevin Warsh's first move to make the Fed unreadable on purpose

The rate did not move. That was the least interesting thing about Kevin Warsh's first meeting in charge of the Fed. The FOMC held its benchmark at 3.50%-3.75% for the fourth straight meeting, exactly as priced, and then the new chair used his first press conference to dismantle the machinery the market has leaned on for a decade.