USD/CHF Technical Analysis: Greenback climbs to 18-month high against the Swiss franc

USD/CHF is trading in a bull trend above the 200-period simple moving average (SMA) on the 4-hour chart.
USD/CHF is breaking to 18-month high breaking the 1.0100 level and opening the door to 1.0160 (March 2017 high).
The RSI and MACD indicators show no slowing down of the trend while the Stochastic is already in the overbought level.

Flavio Tosti Independent Analyst

USD/CHF 4-hour chart

Main trend: Bullish

Resistance 1: 1.0160 March 2017 high
Resistance 2: 1.2000 figure
Resistance 3: 1.2500 figure

Support 1: 1.0100 current 2018 high
Support 2: 1.0068 July 13 high
Support 3: 1.0000 parity level
Support 4: 0.9986 August high
Support 5: 0.9950 figure

Additional key levels at a glance:

USD/CHF

Overview:
    Last Price: 1.0109
    Daily change: 55 pips
    Daily change: 0.547%
    Daily Open: 1.0054
Trends:
    Daily SMA20: 0.9996
    Daily SMA50: 0.9852
    Daily SMA100: 0.9883
    Daily SMA200: 0.9777
Levels:
    Daily High: 1.0088
    Daily Low: 1.0044
    Weekly High: 1.0088
    Weekly Low: 0.9952
    Monthly High: 1.0096
    Monthly Low: 0.9801
    Daily Fibonacci 38.2%: 1.0061
    Daily Fibonacci 61.8%: 1.0071
    Daily Pivot Point S1: 1.0036
    Daily Pivot Point S2: 1.0019
    Daily Pivot Point S3: 0.9993
    Daily Pivot Point R1: 1.0079
    Daily Pivot Point R2: 1.0105
    Daily Pivot Point R3: 1.0122

Author

Flavio Tosti

Independent Analyst

EUR/USD struggles below 1.1800 ahead of US data, Fedspeak

EUR/USD remains trapped in a tight range below 1.1800 in the European session on Tuesday. The pair struggles amid a modest US Dollar strength and an improvement in risk sentiment, even as US tariff uncertainty lingers. The focus now remains on the US data and Fedspeak.

GBP/USD stays defensive below 1.3500 as USD firms up

GBP/USD stays on the back foot below 1.3500 in the European trading hours on Tuesday. The pair declines as the US Dollar rebounds from losses recorded over the previous two sessions. Traders will focus on the US weekly ADP Employment Change and Consumer Confidence data due later in the day, along with speeches from Federal Reserve officials.

Gold holds pullback below $5,200 amid USD uptick

Gold holds moderate losses below $5,200 in European trading on Tuesday, though it lacks follow-through selling. Following the previous day's knee-jerk fall in reaction to US President Donald Trump's new global tariffs and the subsequent bounce, the US Dollar attracts fresh buyers ahead of mid-tier data and Fedspeak.

Dogecoin, Shiba Inu, and Pepe extend losses on bearish signals

Meme coins are facing renewed selling pressure amid fading broad risk-on sentiment so far this week, with Dogecoin, Shiba Inu, and Pepe extending their losses after recent corrections.

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.

Dogecoin, Shiba Inu, and Pepe extend losses on bearish signals

Meme coins are facing renewed selling pressure amid fading broad risk-on sentiment so far this week, with Dogecoin, Shiba Inu, and Pepe extending their losses after recent corrections.