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, momentum stalling · RSI 46 · price 0.80373
Pullback from June high toward 0.8000 pivot.
Multi-month uptrend off the April lows near 0.7760 carried price to a one-year high at 0.8139 in mid-June before rejection stalled the advance. The last two weeks have been a corrective drift back toward the 0.8000 pivot; price sits above a rising EMA(50) but has slipped under EMA(20). Thursday's soft US NFP (57K vs 110K) pressed the pair lower but the USD rebound kept the broader range intact.
Support: 0.8000, 0.7982, 0.7921
Resistance: 0.8100, 0.81394
What it said to watch
- D1 close below 0.8000 pivot exposes the 0.7982 prior low then 0.7910
- D1 close back above 0.8100 round number re-opens the 0.8139 1yr high
- FOMC minutes Wed 18:00 UTC could materially shift this read
21:03 UTC
Uptrend, pausing after June high · RSI 46 · price 0.80373
Pullback from 0.814, consolidating above 0.80 pivot.
USDCHF has trended higher since the early-May low near 0.776, printing a fresh one-year high at 0.81394 in mid-June before rejecting there. Thursday's soft US NFP (57K vs 110K) dragged price back toward the 0.80 pivot, its lowest since mid-June, and the pair is now consolidating just above it with EMA(50) still rising underneath. Price sits below EMA(20) but above EMA(50), leaving the multi-month uptrend intact but momentum flat.
Support: 0.8000, 0.7982, 0.79099
Resistance: 0.8100, 0.81394
What it said to watch
- D1 close below 0.8000 pivot opens 0.7982 then 0.7910
- Reclaim of 0.8100 re-exposes the 0.81394 one-year high
- FOMC Minutes Wed 18:00 UTC could materially shift this read