|

USD/CHF Price Analysis: Holds to its gains, as US yields dropped, buyers' eye 0.9200

  • USD/CHF registers minor gains, benefiting from a robust US Dollar despite falling Treasury bond yields.
  • Buyers are targeting the 100-day EMA at 0.9123, aiming to reach the 200-day EMA at 0.9250.
  • The bearish extension is possible, with support found at the confluence of the 50 and 20-day EMAs.

USD/CHF is set to finish Tuesday’s session with minuscule gains, boosted by a strong US Dollar (USD), which held to its gains, as US Treasury bond yields fell late as Wall Street closes. At the time of writing, the USD/CHF exchanges hands at 0.9073, a gain of 0.16%.

USD/CHF Price Analysis: Technical outlook

From a technical perspective, the USD/CHF trades sideways, trapped within the short/long-term daily Exponential Moving Averages (EMAs). The Relative Strength Index (RSI) indicator, as well as the 3-day Rate of Change (RoC), portrays buyers are in charge, but they would need to clear the 100-day EMA at 0.9123, so they can rally towards the 0.9200 handle, as they target the 200-day EMA at 0.9250.

Otherwise, the USD/CHF could extend its losses past the confluence of the 50 and 20-day EMAs, each at 0.9039 and 0.9034, respectively, followed by the 0.9000 figure. If USD/CHF stumbles past the figure, the next support would be the May 22 daily low of 0.8940, followed by the YTD low of 0.8820.

USD/CHF Price Action – Daily chart

USD/CHF Daily chart

USD/CHF

Overview
Today last price0.9076
Today Daily Change0.0014
Today Daily Change %0.15
Today daily open0.9062
 
Trends
Daily SMA200.9012
Daily SMA500.8999
Daily SMA1000.9125
Daily SMA2000.9373
 
Levels
Previous Daily High0.912
Previous Daily Low0.9052
Previous Weekly High0.9148
Previous Weekly Low0.9014
Previous Monthly High0.9148
Previous Monthly Low0.882
Daily Fibonacci 38.2%0.9078
Daily Fibonacci 61.8%0.9094
Daily Pivot Point S10.9037
Daily Pivot Point S20.9011
Daily Pivot Point S30.897
Daily Pivot Point R10.9104
Daily Pivot Point R20.9145
Daily Pivot Point R30.9171

Author

Christian Borjon Valencia

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

More from Christian Borjon Valencia
Share:

Editor's Picks

AUD/USD consolidates near 0.7000 as USD stays weak

AUD/USD holds steady above 0.7000 during Thursday’s Asian session, consolidating the previous day’s recovery gains from a near three-week low as the Democratic sweep in the US midterm elections and Iran diplomacy hopes continue to weigh on the US Dollar. Bulls, however, seem hesitant as focus shifts to Friday’s crucial US NFP report.

USD/JPY drifts lower to 158.25 on hawkish BoJ Minutes, weak USD

USD/JPY trades with a negative bias for the second straight day on Thursday as hawkish BoJ Minutes, showing members agreed to keep raising rates, and intervention risks support the Japanese Yen. Meanwhile, US midterm election results and hopes for Iran diplomacy keep the US Dollar depressed as focus shifts to Friday’s US NFP report.

Gold eases from two-week top; holds comfortably above $4,100

Gold retreats slightly from a two-week high touched during Thursday’s Asian session, albeit it clings to gains for the second straight day and currently trades around $4,130. The US Dollar extends the fallout from US election results, dropping to a fresh low since late September and assisting the commodity in building on the previous day's strong rally of over 3.5% – its biggest single-day rise since mid-August.

TRUMP token hits record low amid mounting selling pressure

Ripple and Stellar extend their recovery as bearish pressure begins to ease for both altcoins. XRP trades above $1.30 after breaking above the upper trendline of a falling channel pattern, while XLM holds above $0.168 and approaches resistance at $0.173. Meanwhile, improving derivatives metrics and strengthening momentum indicators hint at a potential for further recovery.

BoE expected to hike interest rate to 4.00%

The Bank of England is set to reveal its latest monetary policy decision on Thursday, coinciding with its seventh rate-setting meeting of 2026. Market analysts expect the ‘Old Lady’ to increase its policy rate by a quarter percentage point to 4.00%, the highest level since November 2025.

US Dollar breaks below 101.50 as Democrats sweep Congress
The US Dollar (USD) comes under heavy selling pressure on Wednesday, with the US Dollar Index (DXY) falling around 0.5% to trade near 101.35 after sliding below the 101.50 level. The Greenback retreats to its lowest level in four weeks as investors reassess the political and economic outlook following the Democratic Party's sweeping victory in the United States (US) midterm elections.