USD/CHF Technical Analysis: Greenback nearing 1.0100 target

Flavio Tosti Independent Analyst

USD/CHF daily chart

USD/CHF is trading above the 50-day simple moving average (SMA) and the parity level.
As mentioned yesterday, USD/CHF is approaching the 1.0100 target.

USD/CHF 4-hour chart

The 50 SMA crossed above the 200 SMA suggesting bullish momentum.

USD/CHF 30-minute chart

USD/CHF is trading above the main SMAs leaving the bull trend intact in the short-term.
Bulls are very close to reaching the 1.0100 level.
Support is at 1.0080 and 1.0070 level.

Additional key levels

USD/CHF

Overview
Today last price	1.0088
Today Daily Change	0.0008
Today Daily Change %	0.08
Today daily open	1.008

Trends
Daily SMA20	0.9982
Daily SMA50	1.0012
Daily SMA100	0.9963
Daily SMA200	0.9927

Levels
Previous Daily High	1.0083
Previous Daily Low	1.0032
Previous Weekly High	1.0047
Previous Weekly Low	0.9977
Previous Monthly High	1.0125
Previous Monthly Low	0.9894
Daily Fibonacci 38.2%	1.0064
Daily Fibonacci 61.8%	1.0051
Daily Pivot Point S1	1.0047
Daily Pivot Point S2	1.0014
Daily Pivot Point S3	0.9996
Daily Pivot Point R1	1.0098
Daily Pivot Point R2	1.0116
Daily Pivot Point R3	1.0149

Author

Flavio Tosti

Independent Analyst

EUR/USD: US Dollar to remain pressured until uncertainty fog dissipates

Unimpressive European Central Bank left monetary policy unchanged for the fifth consecutive meeting. The United States first-tier employment and inflation data is scheduled for the second week of February. EUR/USD battles to remain afloat above 1.1800, sellers moving to the sidelines.

GBP/USD softens to near 1.3600 as BoE hints further rate cuts

The GBP/USD pair loses ground to near 1.3610 during the early Asian session on Monday. The Pound Sterling softens against the Greenback amid growing expectations of the Bank of England’s interest-rate cut. Traders will take more cues from the Fedspeak later on Monday.

Gold eyes acceptance above $5,000, kicking off a big week

Gold is consolidating the latest uptick at around the $5,000 mark, with buyers gathering pace for a sustained uptrend as a critical week kicks off. All eyes remain on the delayed Nonfarm Payrolls and Consumer Price Index data from the United States due on Wednesday and Friday, respectively.

Top Crypto Gainers: Aster, Decred, and Kaspa rise as selling pressure wanes

Altcoins such as Aster, Decred, and Kaspa are leading the broader cryptocurrency market recovery over the last 24 hours, as Bitcoin holds above $70,000 on Monday, up from the $60,000 dip on Thursday.

Weekly column: Saturn-Neptune and the end of the Dollar’s 15-year bull cycle

Tariffs are not only inflationary for a nation but also risk undermining the trust and credibility that go hand in hand with the responsibility of being the leading nation in the free world and controlling the world’s reserve currency.

Bitcoin, Ethereum and Ripple consolidate after massive sell-off

Bitcoin, Ethereum, and Ripple prices consolidated on Monday after correcting by nearly 9%, 8%, and 10% in the previous week, respectively. BTC is hovering around $70,000, while ETH and XRP are facing rejection at key levels. Traders should be cautious: despite recent stabilization, upside recovery for these top three cryptocurrencies is capped as the broader trend remains bearish.