Higher highs and higher lows since Thursday; pullback holding above 0.8330.
USD/CHF has stepped higher from the 0.8278 weekly open, extending the post-SNB leg from Thursday's 0.8229 low as Fed hike bets and firm yields kept the franc offered, with both London and NY sessions adding to the move. The pair shrugged off Tuesday's JOLTS miss to print a 0.8359 week high in NY, then saw a sharp ~24-pip rejection. Dips since have held the 0.8332 pullback low and the higher-lows line, with price back above EMA(20) near 0.8338 and RSI(14) cooled to ~57 from the upper band.
Support: 0.8338, 0.8332, 0.8327
Resistance: 0.8350, 0.8359
What it said to watch
H1 close back above the 0.8350 london high reopens the 0.8359 week high
A break below the 0.8327 swing low (near the 23.6% fib of the post-SNB leg) would end the higher-lows sequence
Repeated closes below EMA(20) and the 0.8332 pullback low would signal the rejection is developing into a deeper retracement
US ADP and core PCE (Wed 12:15–12:30 UTC), then Swiss CPI (Thu 06:30 UTC), could materially shift this read
Higher highs and higher lows since Monday's open; pullback testing the higher-low line.
USDCHF has climbed about 80 pips from the 0.8276 weekly open, a Monday–Tuesday impulse carried by London and NY sessions as firm US yields and Fed hike pricing outweighed the KOF beat and soft JOLTS. Tuesday's London high at 0.8350 gave way to a fresh 16-month week high at 0.8359 in NY. A 25-pip drop late in the NY session to the ny drop low at 0.8332 has left price flat on EMA(20) near 0.8337, pressing the higher-low line, with RSI(14) back near 54 from overbought readings.
Support: 0.8332, 0.83271, 0.8300
Resistance: 0.83495
What it said to watch
H1 close below the ny drop low at 0.8332 and the 38.2% fib at 0.8327 breaks the higher-low line and the sequence since Monday
Close back above the london high at 0.8350 reopens the week high at 0.8359
Round number 0.8300 sits near the 50–61.8% zone of the Monday–Tuesday impulse if the pullback extends
US ADP (12:15 UTC) and core PCE (12:30 UTC) Wednesday could materially shift this read
Swiss CPI Thursday 06:30 UTC and the SNB Quarterly Bulletin Wednesday 13:00 UTC are CHF-side risk
Higher lows since Friday; pullback from week high onto rising trendline.
USD/CHF has climbed ~130 pips since Thursday's dovish SNB hold, printing higher lows each session from Friday's 0.8271 low, with London driving Monday's break above the 0.8300 round number. Tuesday's NY push to a 0.8358 week high came as the dollar shrugged off the JOLTS miss on firm yields. A sharp late-NY drop to the 0.8332 NY low then pulled price back onto the rising trendline and EMA(20) near 0.8337, with RSI(14) cooling to ~53 from the mid-60s.
Support: 0.8332, 0.8327, 0.8300
Resistance: 0.8349, 0.8358
What it said to watch
H1 close below the 0.8332 NY low and 0.8327 swing low breaks the higher-low sequence and exposes the 38.2% week impulse fib near 0.8325
Recovery through the 0.8349 London high reopens a test of the 0.8358 week high
Loss of the 0.8300 round number would unwind Monday's breakout
US ADP and core PCE (Wed 12:15/12:30 UTC), month-end flows and Swiss CPI (Thu 06:30 UTC) could materially shift this read
Higher lows since Monday's open; rising trendline under test.
USDCHF extended Thursday's post-SNB break above 0.8300 with steady higher lows from Monday's 0.8278 weekly open. The London high at 0.8350 gave way in NY hours today, printing a 0.8359 week high as US yields held above 5.2% and the market shrugged off the JOLTS miss. A sharp late-NY drop to 0.8332 rejected that week high and tagged the rising trendline, leaving price pinned on EMA(20) near 0.8338 and RSI(14) back near 55 from overbought.
Support: 0.8332, 0.83271, 0.83174
Resistance: 0.83495
What it said to watch
H1 close below the 0.8332 late NY low breaks the rising trendline
Loss of 0.8327 (Monday high / 38.2% fib) ends the higher-low sequence, exposing the 50% fib at 0.8317
A close above the 0.8350 London high reopens the 0.8359 week high
US ADP (12:15 UTC) and Core PCE (12:30 UTC, f/c 3.3%) on Wednesday could materially shift this read
SNB Quarterly Bulletin Wed 13:00 UTC and Swiss CPI Thu 06:30 UTC are CHF-side risk; month-end flows add noise
Higher lows since week open; pullback onto rising trendline.
USD/CHF has built higher lows since the 0.8278 week open. The SNB's dovish hold and Fed October-hike pricing drove it: Monday's London-to-NY leg cleared 0.8300, and Tuesday's NY session printed a week high at 0.8359. The 18:00 UTC bar gave back about 21 pips into Waller. That leaves price a pip under ema20 at 0.8337 and back on the higher-lows trendline at the tue lows near 0.8332, with RSI(14) cooled to about 53.
Support: 0.8332, 0.8327, 0.8304
Resistance: 0.8337, 0.8350, 0.8359
What it said to watch
H1 close below 0.8327 (fib 38.2 of the week's leg, also Tuesday's low) breaks the higher-low sequence and exposes the monday low at 0.8304
Recovery above ema20 and the tue am high at 0.8350 puts the week high at 0.8359 back in play; a second rejection there would mark a lower-high
Waller at 19:00 UTC, then ADP and core PCE Wed 12:15/12:30 UTC, could materially shift this read
SNB Quarterly Bulletin Wed 13:00 UTC: any firmer FX-intervention tone would test the higher-lows structure
18:03 UTC
Uptrend, fresh week high · RSI 60 · price 0.83488
Higher lows since week open, new high above the 0.8339 peak.
USD/CHF has printed steady higher lows since Sunday's 0.8278 open. Tuesday's London push stalled at the 0.8350 prior high, then NY hours carried price to a new week high at 0.8359, clearing the 0.8339 16-month peak even after the JOLTS miss, with US yields driving the move. The dip to the tue low at 0.8327 held the 38.2% of the week impulse, and price now sits above EMA(20) near 0.8340 with RSI(14) around 60, off the highs but not stretched.
Support: 0.8340, 0.83271, 0.83039
Resistance: 0.83495
What it said to watch
Pullbacks holding the ema20 near 0.8340 keep the H1 cycle of higher lows intact
H1 close below the tue low at 0.8327 breaks the higher-lows trendline and exposes the monday low at 0.8304
Repeated rejection between the 0.8350 prior high and the 0.8359 week high would signal stalling after five straight up days
Fed's Williams (18:00 UTC) and Waller (19:00 UTC) tonight could materially shift this read
ADP (12:15 UTC) and core PCE (12:30 UTC) tomorrow are the next major USD driver
17:03 UTC
Uptrend, extending to fresh week high · RSI 68 · price 0.83577
Higher highs and higher lows since Thursday's SNB low.
USDCHF has built a stair-step of higher lows since the dovish SNB hold on Thursday, gapping lower at Monday's 0.8278 weekly open and then climbing about 80 pips as firm US yields outweighed today's JOLTS miss and the KOF beat. Today's London dip from the 0.8350 London high held at 0.8327, the 38.2% fib of the week's move, and NY hours pushed price to a new week high at 0.8358. Price sits roughly 18 pips above EMA(20), with RSI(14) near 68 and approaching overbought.
Support: 0.83495, 0.83271, 0.83039
Resistance: 0.83585, 0.8400
What it said to watch
Failure to hold the 0.8350 London high as support after the breakout points to a false break
H1 close below 0.8327 (38.2% fib and rising support) breaks the higher-low sequence
Loss of the 0.8304 swing low exposes the 61.8% zone and the 0.8278 weekly open
Week high at 0.8358 and the 0.8400 round number are areas to watch for rejection or extension
Fed speakers today (Goolsbee, Williams, Waller) plus Wed ADP/Core PCE and the SNB Quarterly Bulletin could materially shift this read
Higher highs and higher lows since Thursday's SNB low.
USD/CHF has stacked higher highs and higher lows since the dovish SNB hold on Thursday. Monday's NY session and Tuesday's London open drove the legs up from the 0.8278 weekly open to a 0.8352 week high. The 0.8350 area was rejected once in London, then reclaimed during NY hours from the 0.8327 tuesday low, with soft JOLTS and consumer confidence data failing to dent the yield-driven USD bid. Price holds above EMA(20) with RSI(14) near 66, not yet overbought.
Support: 0.83271, 0.83039, 0.82777
Resistance: 0.83517, 0.8400
What it said to watch
Fed speakers Williams (18:00Z) and Waller (19:00Z) later today could shift the read if they move October hike odds
ADP and PCE on Wed 12:15–12:30Z: a clear miss would test the higher lows trendline near 0.8330
H1 close below the 0.8327 tuesday low breaks the higher lows sequence; the 0.8304 monday low aligns with the 61.8% retracement of the week advance
A sustained hold above the 0.8352 week high opens the 0.8400 round number
Loss of the 0.8278 weekly open would unwind the week's advance; Swiss CPI on Thu 06:30Z is the CHF-side risk
Stair-step higher lows since Friday, retesting Tuesday's high.
USDCHF has climbed steadily since Thursday's post-SNB spike off 0.8229. Monday's London and NY sessions lifted it from the 0.8278 weekly open through 0.8300, with every pullback holding a higher low. Tuesday's London push set a week high near 0.8350 before a sharp reversal to the 0.8327 tue low. NY hours then recovered it above the EMA(20) at 0.8334 as the JOLTS miss and weak CB confidence were shrugged off on firm yields and Fed-hike pricing. RSI(14) is near 63, cooler than at the morning high, so price is back at the week high with less momentum behind it.
Support: 0.8334, 0.8327, 0.8304
Resistance: 0.8350
What it said to watch
H1 close above the 0.8350 week high extends the higher-high sequence
Close below the 0.8327 tue low breaks the higher-lows trendline and the stair-step structure
Loss of the 0.8304 mon low (near the 61.8% of the week impulse) would negate this week's leg
Fed speakers today (Bowman, Barr, Goolsbee, Williams, Waller) could shift hike pricing into the close
ADP (12:15 UTC Wed) and PCE/GDP (12:30 UTC Wed) could materially shift this read, with Swiss CPI Thu 06:30 UTC after
Higher lows since Thursday's SNB break; pullback holding EMA20.
USD/CHF has stepped higher since Thursday's SNB-driven break off 0.8229. Monday's NY session and Tuesday's London session each extended the leg as high US yields and ~70% October Fed-hike odds lifted the dollar. The London push to the 0.8350 week high met a 17-pip rejection, but the pullback held at 0.8327, where Monday's high meets EMA(20), keeping the higher-low sequence intact. RSI(14) has eased to ~60 while supply caps price near the 0.8340 psych area.
Support: 0.8330, 0.8327, 0.83034
Resistance: 0.8340, 0.83495
What it said to watch
JOLTS and Consumer Confidence at 14:00 UTC, then Fedspeak through 19:00 UTC, could materially shift this read
H1 close below 0.8327 (mon high / EMA(20)) breaks the higher-low trendline
Acceptance above 0.8350 week high clears the London rejection and extends the trend
A slide through 0.8304 (fib 38.2, Monday's swing low) marks a deeper correction of the SNB leg
SNB Quarterly Bulletin Sep 30 and Swiss CPI Oct 1 06:30 UTC are CHF-side risk
13:03 UTC
Uptrend, stalling below the week high · RSI 62 · price 0.83362
Higher lows on a rising trendline since Thursday's SNB spike; pullback holding Monday's high.
A dovish SNB and hawkish-Fed repricing have driven a stair-step week rally from the 0.8278 weekly open. London carried both Monday's and Tuesday's legs, with higher lows tracking a rising trendline. Tuesday's London push to the 0.8350 week high met rejection via a 16-pip reversal bar, but the pullback held the monday high at 0.8327, near the 23.6% fib, the trendline and EMA(20) around 0.8329. RSI(14) has cooled to about 62, and the 0.8340 round number is capping the bounce into the NY open.
Support: 0.8327, 0.8308, 0.8278
Resistance: 0.8340, 0.8350
What it said to watch
H1 close below the 0.8327 monday high and the higher-lows trendline would break the stair-step sequence
Loss of the 0.8308 asia low exposes the 0.8278 weekly open and the 38.2% fib near 0.8322 is already behind
H1 close above the 0.8350 week high negates the rejection and extends the uptrend
JOLTS and Consumer Confidence at 14:00 GMT, plus Fedspeak through 19:00, could materially shift this read
ADP (Wed 12:15 GMT) and Swiss CPI (Thu 06:30 UTC) are the next scheduled risks to the week rally
12:02 UTC
Uptrend, first rejection off the week high · RSI 58 · price 0.83318
Higher highs and higher lows since the SNB hold; pullback testing the Monday high.
USD/CHF has built higher lows since Thursday's SNB hold lifted it out of the 0.8230s. Monday's London-into-NY run cleared last week's 0.8298 high, and Tuesday's London session extended to a 0.8350 week high on the yield-driven USD bid. The 10:00 UTC bar then reversed about 16 pips back to 0.8332, just under the 0.8340 pivot. Price now rests on the monday high at 0.8327 and the week trendline, with RSI(14) off the high-60s to about 58 and price hugging EMA(20).
Support: 0.83275, 0.83215, 0.8308
Resistance: 0.8340, 0.83495
What it said to watch
H1 close below the 0.8327 monday high and week trendline puts the fib 38.2 at 0.8320 in play
Failure to hold the 0.8308 tuesday low breaks this week's higher-low sequence
Reclaim of the 0.8340 pivot and a close above the 0.8350 week high resumes the higher-high sequence
US JOLTS and Consumer Confidence at 14:00 UTC today, then ADP Wed 12:15 UTC, could materially shift this read
11:02 UTC
Uptrend, first rejection from 0.8350 · RSI 61 · price 0.83335
Stair-step higher lows since Monday open; pullback onto Monday high.
USDCHF has stepped higher since Thursday's dovish SNB hold. Monday's London and NY sessions carried it from the 0.8278 weekly open through 0.8300 to fresh 16-month highs, on firm US yields and hawkish Fed pricing that overrode today's KOF beat. Tuesday's London push to the 0.8350 session high met a sharp 16-pip rejection, returning price to the Monday high near 0.8328, where EMA(20) and the higher-low trendline converge, with RSI(14) easing to ~61.
Support: 0.8328, 0.8304, 0.8278
Resistance: 0.8350, 0.8400
What it said to watch
H1 close below the 0.8328 Monday high, EMA(20) and the higher-low trendline breaks the week's stair-step structure
Failure to hold the 0.8304 swing low, the 61.8% of the weekly rally fib, would signal a deeper correction toward the weekly open
Acceptance above the 0.8350 session high reopens the path toward the 0.8400 round number
US JOLTS and Consumer Confidence at 14:00 UTC, plus Musalem and Waller Fedspeak today, could materially shift this read
Swiss CPI on Oct 1 at 06:30 UTC is the next CHF-specific risk to the 16-month-high structure
10:02 UTC
Uptrend, extended into London · RSI 73 · price 0.8347
Higher highs and higher lows; Monday high broken today.
USDCHF has climbed steadily since the 0.8278 weekly open, with Monday's London-to-NY leg peaking at 0.8327 and today's London session breaking through it to a 0.8350 session high. USD strength on the 5.27% 10Y yield and October hike pricing outweighed today's strong Swiss KOF beat. Dips have held higher lows at the 0.8304 Monday low and 0.8325, keeping price well above EMA(20). RSI(14) is near 73, putting the move in overbought territory just under the 0.8350 area.
Support: 0.8340, 0.8327, 0.8304
Resistance: 0.8350, 0.8400
What it said to watch
An H1 close back below the 0.8327 Monday high would turn today's breakout into a false break
Holding the 0.8340 prior high keeps the breakout retest intact
Acceptance above the 0.8350 session high opens the 0.8400 round number
A break of the higher-low trendline and the 0.8304 Monday low (near the 61.8% fib) ends the higher-low sequence
JOLTS and Consumer Confidence at 14:00 UTC, plus a heavy Fedspeak slate, could materially shift this read
09:03 UTC
Uptrend, extending to fresh week high · RSI 68 · price 0.83407
Higher highs and higher lows since Thursday's post-SNB breakout.
The dovish SNB hold lifted the pair from 0.8243 to 0.8296 on Thursday. Friday held a 0.8271–0.8298 range before Monday's London-to-NY advance cleared 0.8300 and set a prior high at 0.8327. Tuesday's Asia and London sessions broke that level and printed a week high at 0.8343, about 57 pips above the 0.8278 weekly open, with the firm-USD backdrop of a 5.27% 10Y and ~70% October hike odds doing the lifting. Pullbacks keep finding EMA(20) and a higher-lows trendline from the weekly open, and RSI(14) at 68 is elevated but not yet at an extreme.
Support: 0.83275, 0.83039, 0.82777
Resistance: 0.83428, 0.8350
What it said to watch
Hourly closes back below the 0.8327 prior high would turn the breakout into a false break
A break of the higher-lows trendline and the 0.8304 swing low would mark the first lower low since Thursday
A pullback into the 38.2% fib of the week's move near 0.8317 would test how firm the trend is
The week high at 0.8343 and the 0.8350 round number are the next areas to watch for rejection or extension
JOLTS at 14:00 UTC and Fedspeak through Waller at 19:00 UTC could materially shift this read, with a soft print exposing crowded long-USD positioning
08:02 UTC
Uptrend, pace moderating near highs · RSI 64 · price 0.83346
Higher lows since SNB-day breakout; fresh week high in late Asia.
USDCHF has printed higher lows since Thursday's dovish SNB hold broke the 0.8220–0.8260 range, then pushed from the 0.8278 weekly open through Monday's London-NY session to a 0.8339 week high in late Asia today, on high Treasury yields and Fed hike bets. The Monday low at 0.8304 held near the 61.8% retracement of that leg, and price now sits above EMA(20) near 0.8326 and the former Monday high at 0.8327, with RSI(14) in the mid-60s. CHF ignored the KOF beat, and ranges have narrowed into the high.
Support: 0.8327, 0.8304, 0.8278
Resistance: 0.83396, 0.8350
What it said to watch
An H1 close back below the monday high at 0.8327 puts the 0.8304 monday low back in focus
Acceptance above the 0.8339 week high opens the 0.8350 round number
A break of rising support near 0.8296 ends the higher-low sequence from Thursday
A move back under the 0.8278 weekly open would unwind this week's gains
US JOLTS and Consumer Confidence at 14:00 UTC plus Fed speakers through the NY session could materially shift this read
07:02 UTC
Uptrend, extending to fresh week high · RSI 67 · price 0.83341
Higher highs and higher lows since the SNB hold; Monday high now tested from above.
USD/CHF has built higher highs and higher lows since Thursday's dovish SNB hold lifted it off 0.8229. Monday's London-into-NY leg took it from the 0.8278 weekly open to 0.8328, and Asia today printed a fresh week high at 0.8340 as oil-linked US yield strength kept the dollar bid. Price sits above EMA(20) and EMA(50) with RSI(14) near 67, and the Monday high at 0.8328 is being retested from above after the breakout. Below that, the higher-lows trendline and the 50% fib of the week impulse converge at the 0.8308 swing low.
Support: 0.83275, 0.8308, 0.82777
Resistance: 0.83396, 0.8350
What it said to watch
H1 close back below the 0.8328 Monday high would turn the breakout into a false break and expose the 0.8308 swing low
Loss of the 0.8308 swing low (50% fib, higher-lows trendline) breaks this week's higher-low sequence and brings the 0.8278 weekly open into view
Acceptance above the 0.8340 week high puts the 0.8350 round number in play at the top of the stretched overbought zone flagged by analysts
US JOLTS and Consumer Confidence at 14:00 UTC plus afternoon Fedspeak could shift this read; Wednesday ADP and Thursday Swiss CPI follow
06:02 UTC
Uptrend, extended near week high · RSI 63 · price 0.83291
Higher lows since the SNB breakout; pullbacks holding above ema20.
Thursday's dovish SNB hold broke USD/CHF out of the 0.8220–0.8250 base in the first hour of London. Since then the pair has built higher lows, with Monday's NY session reaching 0.8327 and Tuesday's Asia session extending to a week high at 0.8340 on Fed-SNB rate divergence and 5%-plus US yields. Price has eased back to 0.8329 but still sits above the ema20 near 0.8323, and RSI(14) is near 63, cooling from the push into the highs rather than stretched.
Support: 0.8323, 0.83039, 0.82964
Resistance: 0.83396, 0.8350
What it said to watch
An H1 close below the 0.8304 swing low breaks the higher-low sequence from Monday's open
Failure to clear the 0.8340 week high leaves a stall inside the 0.8305–0.8330 overbought cap
A clean push above 0.8340 brings the 0.8350 round number into view
Prior high at 0.8296 aligns with the 38.2% retracement of the SNB impulse if the pullback deepens
JOLTS and Consumer Confidence at 14:00 UTC plus heavy Fedspeak today could shift October hike pricing and this read
Higher highs and higher lows since Thursday's SNB leg; Asia broke Monday's high.
USD/CHF has printed higher highs and higher lows since Thursday's dovish SNB hold drove a 50-pip bar from 0.8229 to 0.8279. The week opened near 0.8278, and Monday's London session extended the leg as Fed-SNB divergence and a bid USD kept the franc heavy. Asia today cleared Monday's 0.83275 prior high to a 0.83344 week high, just above the 0.8327 16-month high cited in the digest, with price riding above the EMA(20) near 0.8321 and the rising higher-low line intact; RSI(14) near 65 is firm but not overbought.
Support: 0.83275, 0.8321, 0.83039
Resistance: 0.83344, 0.8350
What it said to watch
Hourly close back below the 0.83275 prior high would turn today's breakout into a false break
Loss of the higher-low line (~0.8314) and the 0.83039 swing low would mark the first lower low of the week, near the 38.2% of the week-open leg
Acceptance above the 0.83344 week high leaves the 0.8350 round number as the next reference
US JOLTS and Consumer Confidence at 14:00 UTC plus heavy Fedspeak could materially shift this read; ADP Wed 12:15 UTC is next
Higher highs and higher lows, stair-stepping above ema20.
USD/CHF has stair-stepped higher since Thursday's London-hours SNB bar, when the dovish hold lifted price off 0.8229. Monday's London session carried it through the 0.8300 round number, and the Asia session today printed a fresh week high at 0.83299, about 50 pips above the 0.8278 weekly open. Monday's NY pullback found the ema20 and set a swing low at 0.83039, keeping the higher-lows sequence intact. RSI(14) near 64 at the new high sits below Monday's London reading, a mild bearish divergence as momentum cools under the 0.8305–0.8330 area cited as a cap.
Support: 0.8318, 0.83039, 0.8300
Resistance: 0.83299, 0.8347
What it said to watch
Hourly closes back below the ema20 near 0.8318 would signal the stair-step momentum fading
A break of the 0.83039 swing low and the 0.8300 round number ends the higher-lows sequence and exposes the 38.2% retrace of the SNB impulse near 0.8291
Acceptance above the 0.83299 week high opens the path to the next level at 0.8347
US JOLTS and Consumer Confidence at 14:00 UTC, plus Fedspeak through Waller, could materially shift this read; ADP Wed and Swiss CPI Thu 06:30 UTC follow
USD/CHF extended its post-SNB run of higher lows. From the 0.8278 weekly open, Monday's London and early NY sessions drove a ~50-pip leg to the 0.8328 week high, as Fed-hike repricing and 5%+ US yields kept USD bid. The Monday NY low at 0.8304 held the higher-lows line, between the 38.2% and 50% of Monday's leg. Since then, Asia has compressed at 0.8319–0.8327 above EMA(20) near 0.8316, with RSI(14) easing to ~60.
Support: 0.8316, 0.8304, 0.8278
Resistance: 0.83275, 0.8330
What it said to watch
H1 close above the 0.8328 week high and the 0.8330 round number would clear the 0.8305–0.8330 cap zone flagged by UOB
Break of the higher-lows line and the 0.8304 ny low shifts the read to a deeper retracement toward the 0.8278 weekly open
JOLTS and Consumer Confidence at 14:00 UTC plus a heavy Fed speaker slate today could materially shift this read
ADP Wed 12:15 UTC (f/c 72K) is the next high-impact USD test for the uptrend
Higher lows since Monday open; tight range under the week high.
Thursday's dovish SNB hold drove the SNB impulse, taking the pair from 0.8229 to 0.8279 in one bar. After Monday's small opening gap lower, London and then NY lifted price through Friday's 0.8298 prior high to a 0.8327 week high, as Fed hike odds above 70% kept USD firm. The NY-afternoon pullback held the 0.8304 swing low, and price has since compressed above EMA(20) at 0.8316 along the rising lows, with RSI(14) at 58, off Monday's peak.
Support: 0.8316, 0.8304, 0.8298
Resistance: 0.8327, 0.8400
What it said to watch
An H1 close below the rising lows trendline and the 0.8304 swing low would break Monday's higher-low sequence
Acceptance above the 0.8327 week high opens the path toward the 0.8400 round number
Loss of the 0.8298 prior high would expose the SNB impulse 38.2% retracement near 0.8290
Tue 14:00 UTC JOLTS and Consumer Confidence, plus six Fed speakers, could materially shift this read
01:03 UTC
Uptrend, momentum cooling near week high · RSI 60 · price 0.83236
Higher highs and higher lows since Thursday; retesting the week high.
The dominant leg came at Thursday's London open, when the dovish SNB hold lifted the pair from 0.8229 through Wednesday's 0.8260 high. Friday's session range at 0.8271–0.8298 resolved higher on Monday: London pushed to a 0.83275 week high on firm Fed-hike pricing, and the NY session dip held the 0.8304 ny low, roughly the 23.6% level of the SNB-day rally. Price is back at the week high and just above EMA(20), with RSI(14) near 60. ATR has compressed through Asia, so momentum is cooling rather than extending.
Support: 0.8317, 0.8304, 0.8278
Resistance: 0.83275, 0.8330
What it said to watch
H1 close above the 0.83275 week high and the 0.8330 cap zone extends the higher-highs sequence
Loss of the 0.8304 ny low breaks Monday's higher lows trendline and exposes the 38.2% retracement near 0.8290
A slide to the weekly open at 0.8278, where the 50% retracement sits, would unwind Monday's gains
US JOLTS and Consumer Confidence Tue 14:00 UTC, then ADP Wed 12:15 UTC, could materially shift this read
Swiss CPI Thu 06:30 UTC (f/c 1.0% YoY) is the CHF-side risk to the uptrend read
00:02 UTC
Uptrend, momentum flattening near week high · RSI 58 · price 0.83195
Higher lows since Thursday's SNB low, now consolidating 0.8304–0.8328.
The dovish SNB hold drove Thursday's impulse off 0.8229, and the move has built a clean higher-lows sequence since. Monday's Asia-into-London rally and a dip that held Friday's 0.8298 prior high carried the pair to a 0.8328 week high into the NY open, with US 10y yields pinned at 2007 highs. The NY-session pullback stopped at 0.8304 (ny low), and price has since flattened just above EMA(20) near 0.8316 with RSI(14) easing into the high 50s.
Support: 0.8316, 0.83039, 0.8298
Resistance: 0.83275, 0.8330
What it said to watch
H1 close below the 0.8304 ny low breaks the higher-low sequence and brings the 0.8298 prior high back into play
Acceptance above the 0.8328 week high and the 0.8330 round number extends the uptrend; repeated rejection there reads as a stall
Loss of the higher-lows trendline from Thursday's SNB low (~0.8291 now), near the 38.2% of the SNB leg, would signal a deeper correction
US JOLTS (14:00 UTC) and the Tuesday Fedspeak cluster could materially shift this read