USD/CHF Price Analysis: Thursday’s shooting star keep sellers hopeful below 0.9500

USD/CHF stays pressured after rising to four-day high on Thursday.
Bearish candlestick formation probes the MACD signals.
A two-week-old support line gains the seller’s attention during further weakness.

Anil Panchal FXStreet

USD/CHF eases to 0.9482, down 0.03% on a day, while heading into the European session on Friday. The pair marked a bearish formation while taking a U-turn from the four-day high the previous day.

As a result, the sellers are targeting a revisit to the immediate support line around 0.9435, with 0.9460 acting as an intermediate halt.

Though, any further downside past-0.9430 will probe 0.9400 round-figure ahead of pushing the bears towards the monthly low near 0.9375.

Meanwhile, a clear break above Thursday’s top above 0.9508 could aim for 0.9550 and 0.9600 consecutive resistances. It should be noted that June 05 top near 0.9650 will be the bulls’ favorite beyond 0.9600.

USD/CHF daily chart

Trend: Further weakness expected

Additional important levels

Overview
Today last price	0.9481
Today Daily Change	-4 pips
Today Daily Change %	-0.04%
Today daily open	0.9485

Trends
Daily SMA20	0.9527
Daily SMA50	0.9633
Daily SMA100	0.9652
Daily SMA200	0.9748

Levels
Previous Daily High	0.9508
Previous Daily Low	0.9475
Previous Weekly High	0.9547
Previous Weekly Low	0.9464
Previous Monthly High	0.9784
Previous Monthly Low	0.9589
Daily Fibonacci 38.2%	0.9495
Daily Fibonacci 61.8%	0.9488
Daily Pivot Point S1	0.947
Daily Pivot Point S2	0.9456
Daily Pivot Point S3	0.9437
Daily Pivot Point R1	0.9504
Daily Pivot Point R2	0.9523
Daily Pivot Point R3	0.9538

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 climbs to daily highs near 1.1820

EUR/USD now picks up pace and advances to the area of daily peaks north of the 1.1800 barrier at the end of the week. The pair’s decent move higher comes against the backdrop of a generalised lack of direction in the FX galaxy and the mild offered stance in the US Dollar.

GBP/USD trims losses, retests 1.3460

After briefly challenging its key 200-day SMA near 1.3440, GBP/USD now manages to regain some balance and revisit the 1.3460 zone on Friday. Cable’s pullback comes as the selling pressure on the Greenback gathers traction, reigniting some recovery in the risk-linked space.

Gold flirts with four-week highs past $5,200

Gold extends its rebound, climbing for a third consecutive session and pushing back above the $5,200 mark per troy ounce on Friday. The move higher continues to draw support from lingering geopolitical tensions and the ongoing uncertainty surrounding US trade policy, both of which are keeping safe-haven demand firmly in play.

Bitcoin, Ethereum and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary.

Changing the game: International implications of recent tariff developments

The Supreme Court ruling on International Emergency Economic Powers Act (IEEPA) tariffs provides limited relief for the rest of the world, with weighted average tariff rates modestly lower.

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.