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 slowing · RSI 51 · price 0.80913
Higher highs into 0.8200, pulling back.
USDCHF has climbed steadily since the mid-April low near 0.7762, holding above a rising EMA(50) with a chain of higher highs into the 0.8207 peak. That advance rejected sharply late last month, dropping to 0.8039 before buyers stabilised the pair back at the 0.8100 confluence ceiling — the same level flagged as a multi-week cap. CHF's soft inflation keeps a structural bid off the Franc, but the pair is now a USD-side trade trapped under 0.8100 into Friday's NFP.
Support: 0.8042, 0.8000, 0.7762
Resistance: 0.8100, 0.8207
What it said to watch
- Daily close above 0.8100 refocuses the 0.8150/0.8207 zone
- Failure to hold the 50-day sma near 0.8042 opens 0.8000
- Friday NFP (f/c 80K) is the dominant catalyst and could reset this read
21:02 UTC
Uptrend, momentum slowing · RSI 54 · price 0.80913
Pullback from 0.8207, holding above EMA50.
The multi-week climb off the mid-April low near 0.7762 stalled at 0.8207 in late July, where a sharp daily rejection dragged price back below the 0.8100 ceiling. Two sessions of demand around the 0.8042 area (near the 50-day sma) have steadied the pair back to 0.8091, with CHF the G10 laggard on soft Swiss inflation but the dollar capped as this remains a USD-side trade. Price sits just under EMA20 while still holding above a rising EMA50.
Support: 0.8042, 0.8000
Resistance: 0.8100, 0.8207
What it said to watch
- Fri NFP (12:30 UTC) is the dominant catalyst and could reset this read
- Daily close above 0.8100 ceiling refocuses 0.8150/0.8207
- Failure to hold 0.8042 opens the 0.8000 round number