|

USD/CHF Price Analysis: US dollar sidelined, off 2020 highs vs. Swiss franc, sub-0.9800 figure

  • USD/CHF consolidates gains for the fourth consecutive day. 
  • The level to beat for bulls is the 0.9900 resistance.

USD/CHF daily chart

 
 
USD/CHF is consolidating gains for the fourth consecutive session near the 200 SMA. The Fed extended its Quantitative Easing operation with a relatively negative reaction on the US dollar which has been consolidating against most currencies in recent days. 

 

USD/CHF four-hour chart


 
USD/CHF’s uptrend stays intact as the spot is trading above the main SMAs. The quote is consolidating sideways near the 0.9800 figure. Buyers remain in control as a break above the 0.9900 figure can lead to a run to the parity level. Support can be expected near the 0.9750, 0.9700 and 0.9650 levels.

Resistance: 0.9900, 1.0000, 1.0050
Support: 0.9750, 0.9700, 0.9650 


 
 
Additional key levels 

USD/CHF

Overview
Today last price0.9787
Today Daily Change-0.0029
Today Daily Change %-0.30
Today daily open0.9816
 
Trends
Daily SMA200.9591
Daily SMA500.9678
Daily SMA1000.976
Daily SMA2000.9815
 
Levels
Previous Daily High0.9852
Previous Daily Low0.9719
Previous Weekly High0.9901
Previous Weekly Low0.9392
Previous Monthly High0.9851
Previous Monthly Low0.9609
Daily Fibonacci 38.2%0.977
Daily Fibonacci 61.8%0.9802
Daily Pivot Point S10.9739
Daily Pivot Point S20.9662
Daily Pivot Point S30.9606
Daily Pivot Point R10.9873
Daily Pivot Point R20.9929
Daily Pivot Point R31.0006

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

More from Flavio Tosti
Share:

Editor's Picks

EUR/USD holds gains around 1.1800 amid renewed USD selling

EUR/USD regains positive traction and holds around 1.1800 in the European session, reversing the previous day's modest losses. The pair's uptick is sponsored by the emergence of fresh US Dollar selling, which remains induced by persistent trade-related uncertainties. 

GBP/USD strengthens above 1.3500 on softer US Dollar

GBP/USD is posting moderate gains above 1.3500 in European trading on Wednesday. The pair appreciates as the US Dollar meets fresh supply following US President Donald Trump’s first State of the Union address and amid looming tariff uncertainty. 

Gold eyes monthly top above $5,200 amid geopolitics, trade jitters

Gold buyers are back in the game, eyeing $5,200 and beyonf on Wednesday after seeing a correction from monthly highs on Tuesday. The US Dollar slips after Trump’s SOTU fails to impress and as AI-driven worries ease. Dovish Fed bets also weigh.  Gold looks north so long as the key 61.8% Fibo resistance at $5,142 holds on the daily chart.

Bitcoin, Ethereum and Ripple post cautious recovery amid downside risks

Bitcoin, Ethereum, and Ripple are posting a cautious recovery on Wednesday following a market correction earlier this week.  BTC is approaching a key breakdown level, while ETH and XRP are rebounding from crucial support levels.

Nvidia remains at the heart of the AI boom

Nvidia remains at the heart of the AI boom, with Q4 revenue projected near $65.6–66.1 billion, nearly 70% higher year-over-year. But investors are watching cash flow, leverage, and broader AI adoption. Growth is strong, but the AI stress isn’t over.

Cosmos Hub Price Forecast: ATOM rebounds slightly, bearish outlook remains intact

Cosmos Hub (ATOM) price rebounds, trading above $2.05 at the time of writing on Wednesday, after undergoing a sharp correction since last week. Weakening on-chain and derivatives data support a bearish outlook, while technical analysis remains unfavorable.