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 extended · RSI 66 · price 0.81804
Higher highs, higher lows since April low.
USDCHF has trended higher since the April low near 0.7760, a run driven by reports the SNB may hold rates at zero into 2027 that entrenched the franc as a funding currency. Price is now pressing the 0.8200 psych level and printed a fresh 13-month high at 0.8205 before closing at 0.8180; EMA(50) is rising and RSI near 66 is firm but shy of overbought. The last several sessions have consolidated just under the 0.8205 cap.
Support: 0.8140, 0.8100
Resistance: 0.8205, 0.8250
What it said to watch
- Sustained D1 close above 0.8205 opens the path toward 0.8250
- Loss of 0.8140 prior high would break the recent higher-low chain
- US Core PCE/GDP Thu Jul 30 and Swiss CPI Mon Aug 3 could materially shift this read
21:02 UTC
Uptrend, extended · RSI 66 · price 0.81804
Higher highs and higher lows since May.
USDCHF is in a clear D1 uptrend, printing higher highs and higher lows since the early-May base near 0.7760, with price holding above a rising EMA20 and EMA50. The rally accelerated on reports of an SNB hold through 2027 that entrenches the franc as a funding currency, and price has now stalled just under the 0.8205 recent high. Momentum is firm but not overbought, with RSI in the mid-60s.
Support: 0.8125, 0.8060
Resistance: 0.8205, 0.8250
What it said to watch
- Sustained close above 0.8205 recent high opens the path to the 0.8250 next resist
- Loss of the ema20 near 0.8125 would be the first break of the higher-low structure
- US Core PCE/GDP Thu Jul 30 and Swiss CPI Mon Aug 3 could materially shift this read