|

USD/CHF Price Analysis: US dollar eases from 2020 highs, stabilizes near 0.9800 figure

  • USD/CHF consolidates gains for the second consecutive day. 
  • The level to beat for bulls is the 0.9900 resistance.
  • The parity level might be on the bulls’ radar.
 
 

USD/CHF daily chart

 
USD/CHF is retreating slightly this Monday while the currency pair is consolidating gains for the second consecutive day above the main SMAs. The Fed extended its Quantitative Easing program with an initial reaction down on the US dollar which was relatively limited on USD/CHF and across the board. 
 

USD/CHF four-hour chart

 
The uptrend remains intact as the spot is trading above the main SMAs. Bulls are looking for a break above the 0.9900 figure for a potential run to the parity level (1.0000) followed by the 1.0050 level on the way up. The market is expected to find support near 0.9800, 0.9750 and 0.9700 levels in the medium term. 
 
 

Additional key levels 

USD/CHF

Overview
Today last price0.9826
Today Daily Change-0.0036
Today Daily Change %-0.37
Today daily open0.9862
 
Trends
Daily SMA200.9586
Daily SMA500.9673
Daily SMA1000.9761
Daily SMA2000.9817
 
Levels
Previous Daily High0.9901
Previous Daily Low0.9744
Previous Weekly High0.9901
Previous Weekly Low0.9392
Previous Monthly High0.9851
Previous Monthly Low0.9609
Daily Fibonacci 38.2%0.9841
Daily Fibonacci 61.8%0.9804
Daily Pivot Point S10.977
Daily Pivot Point S20.9679
Daily Pivot Point S30.9613
Daily Pivot Point R10.9927
Daily Pivot Point R20.9993
Daily Pivot Point R31.0084

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

More from Flavio Tosti
Share:

Editor's Picks

EUR/USD looks apathetic around 1.1770

EUR/USD comes under renewed pressure on Tuesday, deflating below the 1.1800 support and reversing two consecutive days of gains. The pair’s decline follows the persistent move higher in the US Dollar, as trade uncertainty dominates the sentiment ahead of President Trump’s SOTU speech.

GBP/USD regains 1.3500 and above

GBP/USD extends its advance for the third day in a row on Tuesday, this time retesting the area beyond the 1.3500 hurdle. Cable’s uptick comes despite decent gains in the Greenback and the dovish message from the BoE’s Bailey at the UK Parliament.

Gold appears offered around $5,150

Gold is giving back a good portion of the recent multi-day rally, receding to the $5,150 zone per troy ounce amid the decent bounce in the US Dollar and mixed US Treasuty yields. In the meantime, markets’ attention remain on upcoming comments from Fed speakers.

Ripple’s DeFi shift in focus: Navigating XRPL EVM sidechain growth, XRPFi migration and liquidity

Ripple (XRP) has continued to trade under pressure, extending its decline by approximately 63% from the record high of $3.66 in July. The remittance token is trading above support at $1.35, while its upside appears limited by key supply zones, starting with $1.40, at the time of writing on Tuesday.

The Citrini report: How a debatable AI narrative can shake Wall Street

That AI-related headline alone was enough to rattle investors.US stocks slid sharply on Monday after a widely circulated Citrini Research memo outlined a hypothetical “2028 Global Intelligence Crisis”, warning that rapid AI adoption could push US unemployment into double digits as early as by mid-2028.

XRP pressured by weak ETF flows and declining retail interest

Ripple (XRP) is edging lower, trading above its intraday low of $1.32 at the time of writing on Tuesday. The decline from its weekly opening of $1.39 reflects heightened volatility in the broader cryptocurrency market, accentuated by tariff-triggered uncertainty.