USDCHF climbed steadily from Monday's open near 0.7819 to a week high of 0.7927 by Wednesday's NY session, riding broad USD strength and a soft Swiss CPI print that left the franc down on the week. Price has since faded back toward 0.7894, dipping into the 0.7868 swing low before recovering, with RSI(14) cooling to the high-40s as the rally lost pace. The pair is now coiling just under EMA(20) and above EMA(50), holding the week's rising-low structure intact.
Support: 0.78679, 0.78188
Resistance: 0.79049, 0.79271
What it said to watch
US Nonfarm Payrolls Fri ~14h could materially shift this read
H1 close back above 0.79049 reopens the path to the 0.79271 week high
Failure to hold 0.78679 confirms a lower low and breaks the week's rising support
22:01 UTC
Uptrend, pulled back to mean · RSI 51 · price 0.78894
Higher highs into week high, now consolidating.
USDCHF ran from Monday's 0.7810 open to a 0.7927 week high as a soft Swiss CPI print and broad USD strength pressured the Franc. The pair pared gains into Thursday's NY session, dipping to 0.7868 after softer US jobless claims clipped the dollar, before stabilising around the 0.789 EMA(20) zone. RSI(14) has cooled back to the mid-50 region with price tracking the moving averages.
Support: 0.78679, 0.78442, 0.7815
Resistance: 0.7913, 0.79271
What it said to watch
Nonfarm Payrolls Friday 12:30 UTC (~15h) could materially shift this read
H1 close below 0.78679 confirms a lower low and breaks the week's higher-low sequence
Reclaim of 0.7913 reopens the path toward the 0.79271 week high
Higher highs into 0.7927, pullback to 0.7868, recovery underway.
USDCHF climbed steadily from 0.7803 at Monday's open to a 0.7927 week high during yesterday's NY session, then shed roughly 60 pips into the Asia handover before stabilising back above the EMA(20). The recovery has reclaimed 0.7893 but stalled into 0.7905, with RSI(14) failing to track the new highs — a bearish divergence against price's week high. Structure remains constructive while the 0.7868 pullback low holds.
Support: 0.7893, 0.7868, 0.7844
Resistance: 0.7927, 0.7905, 0.7950
What it said to watch
H1 close back below 0.7868 pullback low breaks the uptrend sequence
Reclaim of 0.7927 week high reopens path to 0.7950 psych level
Loss of ema20 around 0.7893 would shift tone to range
Rally to 0.7927, rejection, pulling back toward EMA20.
USDCHF spent the week grinding higher from 0.7820 toward a 0.7927 high in the NY session yesterday, but the push through the 200dma at 0.79066 failed to hold and price slid back below it. The current NY session saw a sharp leg down to 0.7868 before a recovery into 0.7894, with price now sitting under EMA20 and RSI back to the midline. Bearish RSI divergence on the last push to highs is now playing through as a failed breakout.
Support: 0.7871, 0.78464, 0.78202
Resistance: 0.79066, 0.79238, 0.79271
What it said to watch
Reclaim of 0.79066 (200dma) would reopen the prior high at 0.79238
H1 close below the session low at 0.78710 would confirm a lower-low and expose the 0.78464 swing low
US NFP release later today is the dominant catalyst and can override this structural read
Price ran from 0.7800 at the start of the week to a 0.79271 week high during yesterday's NY session, clearing the 200dma at 0.79066 before sellers reclaimed the level. Today's London-NY transition delivered a sharp drop to a 0.78680 session low, with the bounce stalling under the EMA20 near 0.78900. Structure now reads as a lower-high after a failed breakout, with RSI rolling from overbought into the mid-40s.
Support: 0.7868, 0.7844, 0.7820
Resistance: 0.79066, 0.79238, 0.7890
What it said to watch
Reclaim of 0.79066 200dma reopens the week high at 0.79238
H1 close below 0.78680 session low confirms the lower-low and exposes 0.78440
Price ran to a week high at 0.7927 during yesterday's NY session before sellers stepped in, with today's London session producing a sharp leg down through 0.78950 and tagging 0.78710. Pair has since stabilised in a tight 20-pip band into the NY afternoon, holding just below EMA(20) with RSI(14) recovering from oversold but failing to reclaim 50. The earlier break above the 200-day average flagged in news flow lacked follow-through, leaving the week's uptrend structure intact but momentum clearly faded.
Support: 0.7871, 0.7844, 0.7820
Resistance: 0.7895, 0.7913, 0.7927
What it said to watch
Hourly close back above 0.78950 (ema20) reopens 0.79130 prior high
Loss of 0.78710 session low exposes 0.78440 prior swing
US NFP tomorrow could materially shift this read
17:56 UTC
Uptrend stalling, sharp pullback in NY · RSI 43 · price 0.78893
Higher highs since Monday, latest swing rejected at 0.7926.
USDCHF rallied steadily from Monday's 0.7803 open through the 200dma at 0.79070, tagging a week high of 0.79260 in early NY yesterday before sellers stepped in hard. The drop into the NY session today swept the session low at 0.78680 in a single H1 candle before buyers reclaimed the figure, leaving price pinned just under the EMA20 at 0.78890. RSI cycled from overbought into the low 40s with bearish divergence into the 0.79260 high, and the failed break of the 200dma now looks like a false break.
Support: 0.7868, 0.7844, 0.7803
Resistance: 0.7907, 0.7926, 0.7889
What it said to watch
H1 close back above 0.79070 (200dma) would re-open the week high at 0.79260
Loss of 0.78680 session low confirms a lower-low and shifts the read toward the Tue swing low at 0.78440
US NFP in roughly 18h could materially shift this read
Pair pushed through the 200dma at 0.79066 and tagged 0.7926 in the prior NY session before sellers reclaimed the level, leaving a false break against the week high. Today's London session sliced through EMA(20) with a sharp drop to 0.78680 — the session low — and RSI(14) on the rebound is only back to 42, consistent with bearish divergence at the highs. Price now sits mid-range between week open at 0.78130 and the reclaimed 200dma overhead.
Support: 0.7868, 0.7844, 0.7813
Resistance: 0.79066, 0.79238, 0.7890
What it said to watch
Hourly close back above 0.79066 puts the 200dma back in play and reopens the week high at 0.79238
Loss of 0.78680 session low exposes 0.78440 prior swing and ultimately the 0.78130 week open
Headline risk around Iran negotiations could override structure on this TF