USD/CHF Price Analysis: Plummets below 0.9000, golden-cross at risk

USD/CHF drops sharply, signaling potential end to Fed's rate hikes with investors favoring CHF.
Pair's fall below the 50 and 200-day moving averages at 0.9000 could lead to further declines.
For recovery, USD/CHF needs to breach 0.9000, targeting the November 1 high at 0.9112.

Christian Borjon Valencia FXStreet

USD/CHF plummets in the mid-North American session on Friday after an employment report in the United States (US) could mark the end of the Federal Reserve (Fed) tightening cycle. Therefore, the US Dollar (USD) remains offered, as investors piled into the Swiss Franc (CHF), as shown by the pair trading at 0.8979, down 0.87%.

The daily chart shows the pair is slightly tilted to the downside despite remaining sideways, as USD/CHF has fallen below the confluence of the 50 and 200-day moving averages (DMAs) at around 0.9000. In the case of a daily close below the latter, the major could dive to the next swing low seen at 0.8878, the October 24 low, before plunging to the August 30 daily low of 0.8745.

On the flip side, USD/CHF buyers must reclaim the 0.9000 figure – the confluence of the 50 and 200-DMAs- so they could remain hopeful of challenging the November 1 high at 0.9112, ahead of challenging the May 31 high at 0.9147. Up next would be the 0.9200 psychological level.

USD/CHF Price Chart– Daily

USD/CHF Technical Levels

USD/CHF

Overview
Today last price	0.8982
Today Daily Change	-0.0078
Today Daily Change %	-0.86
Today daily open	0.906

Trends
Daily SMA20	0.9013
Daily SMA50	0.8998
Daily SMA100	0.8899
Daily SMA200	0.9005

Levels
Previous Daily High	0.9077
Previous Daily Low	0.9018
Previous Weekly High	0.9035
Previous Weekly Low	0.8888
Previous Monthly High	0.9244
Previous Monthly Low	0.8888
Daily Fibonacci 38.2%	0.9041
Daily Fibonacci 61.8%	0.9055
Daily Pivot Point S1	0.9026
Daily Pivot Point S2	0.8992
Daily Pivot Point S3	0.8966
Daily Pivot Point R1	0.9085
Daily Pivot Point R2	0.9111
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.

EUR/USD keeps the bid bias just over 1.1800

EUR/USD has started the week on a positive foot, hovering around the 1.1800 region in the latter part of Monday’s session. The pair’s recovery comes on the back of a decent decline in the US Dollar, as investors keep their attention on the evolving US–EU trade relationship after President Trump’s announcement of sweeping global tariff hikes.

GBP/USD looks stuck around 1.3500 amid firm gains

GBP/USD is pushing further north on Monday, revisiting the 1.3500 hurdle and beyond. Cable’s uptick is largely being fuelled by the broader softness in the Greenback, amid lingering uncertainty around tariffs.

Gold pops above $5,200, four-week highs

Gold is holding onto its bullish tone on Monday, reaching new multi-week highs just past the $5,200 mark per troy ounce. Fresh trade-war concerns, coupled with rising geopolitical tensions in the Middle East, are keeping demand for the yellow metal well on the rise.

Crypto Today: Bitcoin, Ethereum, XRP intensify sell-off as tariff uncertainty weighs

Bitcoin, Ethereum and Ripple are trading amid increasing selling pressure at the time of writing on Monday, as investors react to fresh trade uncertainty over US President Donald Trump’s push for more tariffs.

Supreme Court nixes tariffs, Trump teases 15% global tariff

On February 20th, the Supreme Court ruled that Trump’s global tariffs under IEEPA authority were unconstitutional, effectively nullifying the framework. However, the relief was short-lived. Within hours, Trump floated a 15% blanket tariff under an alternative legal authority.

XRP recovers slightly as bearish sentiment dominates crypto market

Ripple is rising above $1.40 at the time of writing on Monday amid fresh tariff-triggered headwinds in the broader cryptocurrency market. The sell-off to $1.33, the token’s intraday low, can be attributed to macroeconomic uncertainty, geopolitical tensions and risk-averse sentiment among other factors.