USD/CHF technical analysis: Greenback trading at 8-day highs against the Swiss franc

  • The Greenback gained momentum against CHF in the last two days of the week. 
  • The level to beat for bulls are seen at 0.9815 and 0.9845 resistances.

USD/CHF daily chart

USD/CHF is trading at 8-day high while below the main daily simple moving averages (DSMAs). The currency pair is mainly being influenced by trade war dynamics. 

USD/CHF 4-hour chart

USD/CHF is facing some resistance near the 0.9800 figure and the 100 SMA. Bulls would need to recapture the 0.9790 resistance to climb towards 0.9815 and 0.9845 resistances.

USD/CHF 30-minute chart

USD/CHF is trading above its main SMAs, suggesting a bullish market in the near term. Support is seen at 0.9770 and the 0.9753 level, according to the Technical Confluences Indicator. A pullback down before a bullish resumption cannot be ruled out.

Additional key levels


Today last price 0.9786
Today Daily Change 0.0023
Today Daily Change % 0.24
Today daily open 0.9763
Daily SMA20 0.9817
Daily SMA50 0.985
Daily SMA100 0.9965
Daily SMA200 0.9964
Previous Daily High 0.9777
Previous Daily Low 0.9721
Previous Weekly High 0.9839
Previous Weekly Low 0.9692
Previous Monthly High 0.9952
Previous Monthly Low 0.978
Daily Fibonacci 38.2% 0.9755
Daily Fibonacci 61.8% 0.9742
Daily Pivot Point S1 0.973
Daily Pivot Point S2 0.9698
Daily Pivot Point S3 0.9675
Daily Pivot Point R1 0.9786
Daily Pivot Point R2 0.9809
Daily Pivot Point R3 0.9842



Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.

Feed news

Latest Forex News

Editors’ Picks

EUR/USD hovers around the 34-months lows amid growth concerns

EUR/USD is trading below 1.0850, just above the lowest since April 2017. Concerns about eurozone growth are weighing on the common currency. Markets are watching coronavirus developments. 


GBP/USD shrugs off Brexit concerns and holds its ground

GBP/USD is trading around 1.3050, little-changed. The French foreign minister warned of acrimonious Brexit talks as the UK's chief negotiator is laying down a tough stance. 


Forex Today: Coronavirus fears persist, Japanese economy squeezes, cryptos climb down

China has announced it will stimulate the economy in the face of the coronavirus outbreak, including lower corporate taxes and increased spending. While most factories have returned to work, Beijing has tightened restrictions on movements in the Hubei province.

Read more

Gold slips below $1580 level amid improving risk sentiment

Gold retreats from two-week tops amid receding demand for traditional safe-haven assets. The precious metal failed to capitalize on its recent positive move to near two-week tops and edged lower during the early European session on Monday amid fading safe-haven demand.

Gold News

FXStreet launches Real-Time Trading Signals

FXStreet Signals offers access to explanatory live webinars, real-time notifications when signals are triggered and exclusive membership to the company’s Telegram group, where users get direct guidance by our analysts and get room to discuss and interact.

More info