USD/CHF Price Analysis: Initial resistance level is seen at 0.8910


  • The USD/CHF starts a new week on a positive note and edges above 0.8900 on Monday.
  • The Relative Strength Index (RSI) stands below 50, indicating the extended downside cannot be ruled out.
  • Initial resistance is seen at 0.8915, the 0.8880 area is the immediate support level.

USD/CHF edges higher to 0.8900 area during the Asian trading hours on Monday. The pair rebounds from a two-month low of 0.8875 as the US Dollar (USD) resumes the demand. The pair currently trades near 0.8905, up to 0.20% on the day. 

According to the one-hour chart, USD/CHF holds below the 25-hour and the 50-hour Exponential Moving Averages (EMA), which means the path of least resistance for the USD/CHF pair is to the downside.

The initial resistance level is seen at 0.8914, representing the 25-hour EMA en route to 0.8932, the 50-hour EMA. A break above the latter would see an increase to 0.8950, representing the horizontal line. 

On the flip side, the 0.8880 area acts as an immediate support level (low of July 7). A breach of the mentioned level would expose to 0.8870 (low of May 10), followed by 0.8835 (low of May 5). 

Meanwhile, the Relative Strength Index (RSI) stands below 50, bearish territory, meaning the extended downside cannot be ruled out.

USD/CHF 1-hour chart

Key levels to watch

USD/CHF

Overview
Today last price 0.8906
Today Daily Change 0.0017
Today Daily Change % 0.19
Today daily open 0.8889
 
Trends
Daily SMA20 0.8969
Daily SMA50 0.8984
Daily SMA100 0.9071
Daily SMA200 0.9282
 
Levels
Previous Daily High 0.897
Previous Daily Low 0.8876
Previous Weekly High 0.9005
Previous Weekly Low 0.8876
Previous Monthly High 0.912
Previous Monthly Low 0.8902
Daily Fibonacci 38.2% 0.8912
Daily Fibonacci 61.8% 0.8934
Daily Pivot Point S1 0.8853
Daily Pivot Point S2 0.8817
Daily Pivot Point S3 0.8759
Daily Pivot Point R1 0.8948
Daily Pivot Point R2 0.9006
Daily Pivot Point R3 0.9042

 

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