USD/CHF AI Live Scan, daily chart, Monday, 3 August 2026
Every read JAFX AI made on the USD/CHF daily chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
21:03 UTC
Uptrend, pulling back sharply · RSI 48 · price 0.80738
HH/HL chain since April, first lower high forming.
Four-month uptrend off the late-April low near 0.7762, with a clean chain of higher highs into the 0.8207 peak — a one-year-plus high. The last two sessions delivered a sharp rejection off that top, dropping ~150 pips to 0.8039 on suspected JPY/USD intervention before stabilising near 0.8074; price now sits below EMA20 but holds above a rising EMA50. Soft Swiss CPI keeps the SNB-hold vs hawkish-Fed gap intact, but the topside cap has re-engaged this week.
Support: 0.8039, 0.8027, 0.8000
Resistance: 0.8127, 0.8207
What it said to watch
Break of 0.8039 swing low exposes 0.8000 and the 50-day sma near 0.8027
Daily close back above 0.8127 prior high reopens the 0.8207 peak
US NFP Friday is the week's main driver for direction
HH/HL chain since April low, sharp 3-day pullback from the highs.
Multi-month uptrend off the mid-April low near 0.7761, price holding above a rising EMto(50) since May with a clean chain of higher lows. Two weekly attempts at 0.8200 stalled and the pair has since sold off hard to 0.805, reversing about half the July leg as soft Swiss CPI met a firm-USD, hawkish-Fed backdrop. The 3-day drop has pulled price back below EMA(20) but the broader swing structure remains intact above 0.8010.
Support: 0.8039, 0.8010, 0.8000
Resistance: 0.8129, 0.8205
What it said to watch
Daily close below 0.8010 threatens 0.8000 and the 50-day area near 0.8027
Reclaim of 0.8127 reopens the path to the 0.8200 1-yr high
US NFP Friday is the week's main driver and could reset this read