USD/CHF technical analysis: Greenback reverses daily gains against CHF, trading sub-0.9955 resistance

USD/CHF is erasing parts of the Fed-inspired gains.
The correction down can extend to 0.9915, 0.9895 and 0.9860, according to the Technical Confluences Indicator.

Flavio Tosti Independent Analyst

USD/CHF daily chart

USD/CHF attempted to break above July tops but is now retreating and reversing the daily gains. The market is trading below its 100/200 daily simple moving averages (DSMAs), suggesting a bearish bias.

USD/CHF 4-hour chart

USD/CHF is trading above its main SMAs, suggesting bullish momentum in the medium term. However bull will need to regain the 0.9955 level if they want to continue their ascent towards 0.9990 and the parity level, according to the Technical Confluences Indicator.

USD/CHF 30-minute chart

USD/CHF is trading below the 0.9955 resistance and the 50 SMA suggesting a correction down in the near term. The pullback down can extend towards 0.9915, 0.9895 and 0.9860, according to the Technical Confluences Indicator.

Additional key levels

USD/CHF

Overview
Today last price	0.994
Today Daily Change	0.0001
Today Daily Change %	0.01
Today daily open	0.9939

Trends
Daily SMA20	0.9881
Daily SMA50	0.9903
Daily SMA100	0.9987
Daily SMA200	0.9978

Levels
Previous Daily High	0.9951
Previous Daily Low	0.9885
Previous Weekly High	0.9947
Previous Weekly Low	0.9804
Previous Monthly High	0.9952
Previous Monthly Low	0.978
Daily Fibonacci 38.2%	0.9926
Daily Fibonacci 61.8%	0.991
Daily Pivot Point S1	0.9899
Daily Pivot Point S2	0.9859
Daily Pivot Point S3	0.9833
Daily Pivot Point R1	0.9965
Daily Pivot Point R2	0.9991
Daily Pivot Point R3	1.0031

Author

Flavio Tosti

Independent Analyst

EUR/USD regains balance, targets 1.1800

EUR/USD has lost a bit of momentum after its earlier push higher and is now attempting to reclaim the key 1.1800 barrier on Monday. In the meantime, investors remain focused on the evolving US–EU trade relationship after President Trump’s announcement of sweeping global tariff hikes.

GBP/USD recedes from tops, back to 1.3500

GBP/USD is extending its move higher on Monday, meeting some resistance around 1.3530 on the back of the widespread bearish tone in the US Dollar amid ongoing uncertainty around tariffs. For now, traders are watching overall risk sentiment and central bank rhetoric for the next directional cue.

Gold advances to four-week highs, focus is on $5,200

Gold is holding onto its bullish tone on Monday, hovering near monthly highs well above the $5,100 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.

Top Crypto Losers: Zcash, Pump.fun, and LayerZero extended losses as Bitcoin loses $65,000

The cryptocurrency market starts the week in panic mode, with altcoins Zcash, Pump.fun, and LayerZero. Bitcoin falls below $65,000 as the US President Donald Trump regroups amid renewed trade policy risks.