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 intact · RSI 66 · price 0.81417
Higher highs, higher lows since April low.
Multi-week uptrend, USDCHF grinding to a 1-year high near 0.8150 as CHF stays the G10 laggard and Mideast risk-off favours the dollar over the franc. Price has held above a rising EMA(50) since the April 0.7761 base, chaining higher lows through May and June. The pair now sits at the 0.8149/0.8152 yearly-high pivot after a four-session push off the 0.8042 rebound low.
Support: 0.8042, 0.8000
Resistance: 0.8152, 0.8200
What it said to watch
- Daily close above 0.8152 opens the path toward 0.8200
- Failure to hold 0.8042 would break the higher-low sequence
- US flash PMIs Fri 24 Jul could materially shift the dollar leg
21:03 UTC
Uptrend, pressing yearly high · RSI 63 · price 0.81417
Higher highs / higher lows since April.
USDCHF is in a multi-month uptrend, having climbed from the April 0.7761 base back to the 1-year high near 0.8152, with price holding above a rising EMA(50). The advance reflects the CHF acting as a G10 laggard while Middle East risk-off flows favour the dollar over the franc. Price is now testing the 0.8149/0.8152 pivot for a second time after last month's rejection at 0.8151.
Support: 0.8100, 0.80338, 0.8042
Resistance: 0.81516, 0.8200
What it said to watch
- D1 close above 0.8152 opens the path toward 0.8200
- Failure to hold 0.8100 exposes the 0.8034 swing low and EMA(50)
- US flash PMIs and next week's FOMC could materially shift this read