USD/CHF Price Analysis: Pauses on the way to 0.9340 resistance

USD/CHF grinds higher around five-week top, snaps two-day uptrend.
Bullish MACD, sustained trading beyond 200-DMA keeps buyers hopeful.
50% Fibonacci retracement, yearly support line add to the downside filters.

Anil Panchal FXStreet

USD/CHF seesaws around 0.9300 following a two-day run-up towards the highest levels last seen on October 13.

In doing so, the quote clings to 23.6% Fibonacci retracement (Fibo.) of January-April upside during early Wednesday.

Given the quote’s ability to stay past the 200-DMA amid the bullish MACD signals, buyers aim for the descending resistance line from April, around 0.9340.

However, any further upside will need validation from September’s peak of 0.9368 before challenging the yearly top surrounding 0.9475.

Meanwhile, pullback moves may target July’s top of 0.9274 and August month’s high near 0.9240 ahead of the 200-DMA level of 0.9165.

In a case where the USD/CHF bears keep reins past 0.9165, 50% Fibo. will precede an ascending support line from January, respectively around 0.9115 and 0.9100, to challenge the pair’s further weakness.

USD/CHF: Daily chart

Trend: Further upside expected

Additional important levels

Overview
Today last price	0.9303
Today Daily Change	-0.0004
Today Daily Change %	-0.04%
Today daily open	0.9307

Trends
Daily SMA20	0.9171
Daily SMA50	0.9222
Daily SMA100	0.9192
Daily SMA200	0.9163

Levels
Previous Daily High	0.9312
Previous Daily Low	0.9237
Previous Weekly High	0.9238
Previous Weekly Low	0.9102
Previous Monthly High	0.9338
Previous Monthly Low	0.9106
Daily Fibonacci 38.2%	0.9283
Daily Fibonacci 61.8%	0.9266
Daily Pivot Point S1	0.9259
Daily Pivot Point S2	0.9211
Daily Pivot Point S3	0.9185
Daily Pivot Point R1	0.9334
Daily Pivot Point R2	0.936
Daily Pivot Point R3	0.9408

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 risks a deeper drop below 1.1750

EUR/USD keeps its vacillating mood in place as the the NA session drwas to a close on Tuesday, hovering below the 1.1800 hurdle amid acceptable gains in the US Dollar. In the meantime, market participants and the FX galaxy are expected to closely follow President Trump’s SOTU speech around 2AM GMT.

GBP/USD regains 1.3500 and above

GBP/USD extends its advance for the third day in a row on Tuesday, this time retesting the area beyond the 1.3500 hurdle. Cable’s uptick comes despite decent gains in the Greenback and the dovish message from the BoE’s Bailey at the UK Parliament.

Gold appears offered around $5,150

Gold is giving back a good portion of the recent multi-day rally, receding to the $5,150 zone per troy ounce amid the decent bounce in the US Dollar and mixed US Treasuty yields. In the meantime, markets’ attention remain on upcoming comments from Fed speakers.

Ripple’s DeFi shift in focus: Navigating XRPL EVM sidechain growth, XRPFi migration and liquidity

Ripple (XRP) has continued to trade under pressure, extending its decline by approximately 63% from the record high of $3.66 in July. The remittance token is trading above support at $1.35, while its upside appears limited by key supply zones, starting with $1.40, at the time of writing on Tuesday.

The Citrini report: How a debatable AI narrative can shake Wall Street

That AI-related headline alone was enough to rattle investors.US stocks slid sharply on Monday after a widely circulated Citrini Research memo outlined a hypothetical “2028 Global Intelligence Crisis”, warning that rapid AI adoption could push US unemployment into double digits as early as by mid-2028.

XRP pressured by weak ETF flows and declining retail interest

Ripple (XRP) is edging lower, trading above its intraday low of $1.32 at the time of writing on Tuesday. The decline from its weekly opening of $1.39 reflects heightened volatility in the broader cryptocurrency market, accentuated by tariff-triggered uncertainty.