Double bottom at 0.8192, neckline break, higher lows since Friday Asia.
USDCHF set a double bottom at the 0.8192 week low, first in Thursday's London session and again in Friday's Asian range, then cleared the 0.8243 neckline in the first hour of NY as hot US flash PMIs and a Treasury-yield rebound lifted the dollar. Price holds above the 0.8240 ema20 and EMA(50) with RSI(14) near 63, but bars have compressed under the 0.8256 friday high, just below the 0.8263 wed high that capped the midweek range.
Support: 0.8240, 0.8219, 0.8192
Resistance: 0.8256, 0.8263, 0.8270
What it said to watch
H1 close back below the 0.8240 ema20 and neckline would turn the breakout into a false break
Loss of the 0.8219 higher low breaks the higher-low line from Friday's Asia low and puts the 0.8192 week low back in focus
Acceptance above the 0.8263 wed high exposes the 0.8270 week high at the top of this week's range
Fed decision Wed 28 Oct 18:00 UTC, preceded by Tue Durable Goods and Consumer Confidence, could materially shift this read
19:03 UTC
Rebounding from week low, higher lows since Friday Asia · RSI 65 · price 0.82517
Double bottom breakout above 0.8245 neckline, still under Tue–Wed range top.
After lower highs from Wednesday into Thursday, USD/CHF printed a double bottom at 0.8192, first in Thursday's London session and again in Friday's Asian range. A first push at the 0.8245 neckline met rejection early Friday. It then cleared during NY hours as the US flash PMI beat and Treasury yields recovered, a move that also broke the lower highs line. Price is holding above EMA(20) near 0.8236 with RSI(14) around 65, pausing just under the 0.8256 Fri high and below the 0.8263 range top that capped Tuesday and Wednesday.
Support: 0.8245, 0.8236, 0.8192
Resistance: 0.8256, 0.8263, 0.8269
What it said to watch
Hourly close back below the 0.8245 neckline would undercut the double bottom breakout
Pullback below ema20 at 0.8236 and the 38.2% of the Friday rally fib near 0.8231 would signal momentum stalling
Clearance of the 0.8256 Fri high exposes the 0.8263 range top and the 0.8269 Tue high
Loss of the 0.8192 dbl bottom low would restore the lower-low sequence
Thin Friday close and weekend gap risk; Durable Goods Tue 27 Oct 12:30 UTC and the Fed decision Wed 28 Oct 18:00 UTC could materially shift this read
Double bottom at 0.8192, back inside Tue–Wed range.
Haven CHF demand drove a flush to 0.8192 into Thursday's London open. Friday's Asian session retested that low and it held, forming a double bottom. The rebound gained pace in the NY session after the US flash PMI beat, lifting price back above EMA(20) and into the Tue–Wed range, which leaves Thursday's drop below the range floor looking like a false break. Higher lows at 0.8216 and 0.8219 define the rebound trendline, and RSI(14) near 65 is short of overbought as price presses the Friday high at 0.8256, with the Tue–Wed high at 0.8263 next overhead.
Support: 0.8234, 0.8219, 0.8192
Resistance: 0.8256, 0.8263, 0.8270
What it said to watch
H1 close above the 0.8263 Tue-Wed high clears the range top and exposes the 0.8270 Monday high
Break of the higher-low trendline and a close below the 0.8219 higher low would undercut the rebound and put EMA(20) at 0.8234 back in play
Loss of the 0.8192 double bottom would resume Thursday's downtrend
Rejection at the 0.8256 Friday high with RSI rolling from mid-60s would point to a rebound stall inside the range
Durable goods Tue and the FOMC decision Wed 28 Oct 18:00 UTC could materially shift this read
Double bottom at 0.8192 with neckline 0.8243 broken in NY Friday.
The week's dominant leg was Thursday's Asia-into-London slide to 0.8192 on haven CHF demand. A retest of those twin lows in early Friday trade held, and the USD/yield rebound after firm US PMIs and sentiment lifted price through the 0.8243 neckline during NY hours. Price now sits above ema20 near 0.8231, has retraced roughly 76% of the week decline fib from 0.8270, and Friday's higher lows remain intact with RSI(14) in the low-to-mid 60s.
Support: 0.8243, 0.8231, 0.8192
Resistance: 0.8263, 0.8270
What it said to watch
H1 close back below the 0.8243 neckline would turn the breakout into a false break
Friday higher lows trendline and ema20 near 0.8231 are the first pullback references; a break below both reopens the twin lows at 0.8192
Wed high at 0.8263 and the week high at 0.8270 are the next caps; a close above 0.8270 erases the week decline
Fed decision Wed Oct 28 18:00 UTC could materially shift this read; Tue Durable Goods and Consumer Confidence are the last data inputs before it
16:03 UTC
Recovering from week low, momentum turning up · RSI 62 · price 0.8249
Double bottom at 0.8192, price holding just above the 0.8243 neckline.
USDCHF formed a double bottom at 0.8192: Thursday's London-hours low came amid the haven CHF bid on the bond selloff, and the Asia session retested it early Friday. Friday's advance then pushed back through the 0.8243 neckline during NY hours after US PMIs and UoM sentiment beat. Price now sits above EMA(20) and EMA(50), which have converged near 0.8230 alongside the 38.2% fib of Friday's leg. RSI(14) is near 62, and the session high at 0.8253 is capping for now, with Tuesday–Wednesday prior highs at 0.8263 next above.
Support: 0.8243, 0.8230, 0.8192
Resistance: 0.8253, 0.8263, 0.8270
What it said to watch
H1 close back below the 0.8243 neckline would turn Friday's push into a false break of the double bottom
Close above 0.8263 prior highs exposes the 0.8270 window high and the 0.8275 resistance cited in the digest
Loss of the Friday higher-lows trendline and the 0.8230 EMA(20)/EMA(50) zone would put the 0.8192 double bottom lows back in focus
Weekend risk tone (bond selloff, Middle East) plus Tue Durable Goods and Wed's Fed decision (hold at 4.00% priced) could materially shift this read
Double bottom at 0.8192, price pressing the 0.8243 neckline.
The slide from Monday's 0.8270 week high bottomed at 0.8192 early Thursday as haven CHF demand peaked. The retest of that low in Friday's Asia session held with a higher RSI(14) reading, completing a double bottom. Friday's advance through London and NY, helped by firm US PMIs and Michigan sentiment, has carried price just above Thursday's 0.8243 neckline and the 61.8% retrace of the week's decline, with ema20 now near 0.8227 and the Friday higher lows intact. Supply capped Tuesday and Wednesday near the 0.8263 prior highs, the next layer above the 0.8251 friday high.
Support: 0.8243, 0.8227, 0.8192
Resistance: 0.8251, 0.8263, 0.8270
What it said to watch
H1 closes back below the 0.8243 neckline would mark the breakout as a false break and return price to the Thursday range
A close above the 0.8251 friday high exposes the 0.8263 prior highs and the 0.8270 week high
A break of the Friday higher lows line and ema20 near 0.8227 puts the 0.8192 double btm back in focus
Fed decision Wed Oct 28 (hold at 4.00% expected) and Tuesday's Durable Goods could materially shift this read
14:02 UTC
Downtrend this week, rebounding off the low · RSI 62 · price 0.82399
Double bottom at 0.8192, neckline 0.8243–0.8247 capping.
Haven CHF demand and a softer dollar drove the slide from Monday's 0.8270 week high to 0.8192 at Thursday's London open. Friday's Asia session retested that low, completing a double bottom. Friday's London rally reclaimed EMA(20) and the 61.8% of the weekly drop, but the first push to the 0.8247 Friday high was rejected. Price has since held a higher low at 0.8219, with RSI(14) near 62.
Support: 0.8225, 0.8219, 0.8192
Resistance: 0.8247, 0.8259, 0.8270
What it said to watch
H1 close above the 0.8247 Friday high confirms the double bottom and opens the 0.8259 Wed high, then the 0.8270 week high
Loss of the 0.8219 higher low and ema20 puts the 0.8192 double bottom back in focus
UoM 1y inflation expectations at 14:00 UTC (f/c 4.7%) could materially shift this read
Positioning into next week's FOMC keeps two-way risk on any break of the 0.8219–0.8247 band
The slide from Monday's 0.8270 week high accelerated in Thursday's Asia-to-London session, reaching the 0.8192 week low as risk-off haven demand lifted CHF. A matching 0.8192 low in early Friday Asia forms a potential double bottom, but the London rebound stalled at the 0.8247 rebound high, on the lower-high trendline and beyond the 61.8% retracement of the week's decline, before the 12:00 UTC bar gave back about 27 pips. Price now sits between EMA(20) near 0.8222 and the ema50 at 0.8226, with RSI(14) flat around 51.
Support: 0.8216, 0.8192
Resistance: 0.8226, 0.8247, 0.8270
What it said to watch
US flash PMIs at 13:45 UTC and UoM at 14:00 UTC could materially shift this read; a clear miss would extend the USD correction
An H1 close above the 0.8247 rebound high breaks the lower-high trendline and exposes the 0.8270 week high
Loss of the 0.8216 London low returns focus to the 0.8192 week low; a break there would confirm a lower low and void the double bottom
Fed decision next week remains the main catalyst for the week-high/week-low range
Lower highs from 0.8270, twin lows at 0.8192, price at neckline 0.8244.
USDCHF has carved lower highs since Monday's 0.8270 peak, and Thursday's Asia-session slide to the 0.8192 swing low came as haven CHF demand and softer US yields weighed. A second test of that low early Friday held. London-session buying then printed a higher low at 0.8216 and lifted price back above EMA(20) near 0.8223 and EMA(50), with RSI(14) near 64. Price is now pressing the 0.8244 Thursday high, the neckline of a potential double bottom, while the Wed high at 0.8264 caps the broader lower-high sequence.
Support: 0.8223, 0.8216, 0.8192
Resistance: 0.8244, 0.8250, 0.8264
What it said to watch
H1 close above the 0.8244 thu high completes the double bottom and opens the 0.8250 round number, then the 0.8264 wed high
Failure to hold the 0.8216 higher low and ema20 near 0.8223 returns focus to the 0.8192 swing low
Fri higher lows trendline break would undercut the London-session rebound
US flash PMIs at 13:45 UTC and UoM sentiment/inflation expectations at 14:00 UTC could materially shift this read
11:02 UTC
Downtrend from Monday high, rebounding off double bottom · RSI 64 · price 0.82376
Lower highs all week; higher lows since Friday's Asia low, testing 61.8% fib.
USDCHF has printed lower highs since Monday's 0.8270 high. Thursday's haven bid for CHF, on the global bond selloff and Middle East risk, drove the leg to a 0.8192 week low into the London open, and a matching low in Friday's Asian session formed a double bottom. The USD rebound has since lifted price back above EMA(20) near 0.8222 with RSI(14) at 64, and the pair is now pressing the 61.8% retracement of the week decline, just under the 0.8243 Thursday high where NY sellers capped the bounce.
Support: 0.8222, 0.8216, 0.8192
Resistance: 0.8243, 0.8250, 0.8270
What it said to watch
H1 close above the 0.8243 Thursday high and the 0.8250 round number would break the lower-high sequence from the 0.8270 Monday high
Loss of Friday's rising trendline, EMA(20) near 0.8222 and the 0.8216 pullback low would put the 0.8192 double bottom back in play
US flash PMIs at 13:45 UTC and UoM inflation expectations at 14:00 UTC could materially shift this read
Lower highs from Monday; potential double bottom at 0.8192.
USD/CHF has printed lower highs since Monday's week high at 0.8270. Thursday's slide from Asia into London reached the 0.8192 week low as haven demand moved into CHF on bond-market stress and Middle East headlines. Friday's Asian session retested and held that low, but both rebounds stalled at the 61.8% fib near 0.8240 and under the lower-highs trendline. The London-morning rejection has price back at EMA(50) around 0.8225, just above EMA(20) at 0.8219, with RSI(14) near 57 in mid-range.
Support: 0.8219, 0.8203, 0.8192
Resistance: 0.8225, 0.8240, 0.8270
What it said to watch
H1 close above the 61.8% fib at 0.8240 breaks the lower-highs trendline and completes the double bottom off 0.8192
Loss of EMA(20) at 0.8219 and Thursday's NY low (thu ny low) at 0.8203 reopens the week low at 0.8192
Close below the 0.8192 week low resumes the downtrend sequence
US flash PMIs (13:45 UTC) and Michigan sentiment / inflation expectations (14:00 UTC) could materially shift this read
Next week's Fed decision is the larger risk for the week high at 0.8270 vs the week-low area
Lower highs Mon–Thu; twin lows at 0.8192, range 0.8192–0.8243.
USDCHF has printed lower highs since Monday's 0.8270 week high. CHF haven demand drove Thursday's London-open flush to 0.8192, and the Asia session revisited that double low overnight and held. Friday's climb off the twin lows has lifted price back above EMA(20) at 0.8219 with RSI(14) in the mid-60s, but the London push met rejection at 0.8240, the 61.8% fib of the week's drop, just under the 0.8243 Thursday high that marks the double bottom neckline.
Support: 0.8219, 0.8192
Resistance: 0.8243, 0.8250, 0.8270
What it said to watch
H1 close above the 0.8243 Thursday high confirms the double bottom and brings the 0.8250 round number, then the 0.8270 week high, into view
A break of the Friday rising trendline and loss of ema20 at 0.8219 returns focus to the 0.8192 double low; a close below breaks the range lower
US flash PMIs at 13:45 UTC and UoM sentiment/inflation expectations at 14:00 UTC land in the NY session and could materially shift this read
Lower highs have formed every day since Monday's 0.8270 week high. The main leg lower came in Thursday's London session as haven demand went to CHF rather than USD. Friday's Asia session retested the 0.8192 Thursday low and it held, forming twin lows, with RSI(14) printing a higher low near 39 against roughly 32 on Thursday. The rebound has lifted price back above EMA(20) at 0.8216 and onto EMA(50) near 0.8225. Friday's push stalled at 0.8230, where the lower-highs trendline meets the 50% retracement of the week decline.
Support: 0.8216, 0.8200, 0.8192
Resistance: 0.8231, 0.8243, 0.8270
What it said to watch
Rejection at the 0.8231 trendline keeps the lower-highs sequence intact.
H1 close above the 0.8243 Thursday high breaks the lower-high structure and completes a base on the twin lows; 0.8270 week high is the next reference.
Slip back below EMA(20) at 0.8216 returns focus to the 0.8200 psych level.
Failure to hold the 0.8192 twin lows confirms a lower low.
US flash PMIs (13:45 UTC) and UoM sentiment/inflation expectations (14:00 UTC) during NY hours could materially shift this read.
06:02 UTC
Downtrend, basing near 0.8192 · RSI 50 · price 0.82167
Lower highs from 0.8270 week high; double low at 0.8192.
Lower highs since Monday's 0.8270 week high gave way to Thursday's Asia-into-London drop to 0.8192 as CHF haven demand dominated. The NY rebound stalled at the 0.8243 thu high, just above the 61.8% retracement of the week's fib, and faded. Friday's Asian session retested 0.8192 and held, leaving a double low, with price now back above EMA(20) near 0.8214 but capped at the 0.8220 asia high just below EMA(50) around 0.8224, and RSI(14) flat near 50.
Support: 0.8214, 0.8192
Resistance: 0.8220, 0.8243, 0.8270
What it said to watch
H1 close above the 0.8243 thu high confirms the double bottom and reclaims the 61.8% fib level
Failure to hold the 0.8192 double low extends the lower-low sequence, with 0.8134 the next level flagged in the digest
Clearing the 0.8220 asia high and EMA(50) is needed to break the lower-high sequence from the 0.8270 week high
A slip back below ema20 at 0.8214 returns the pair to the Thursday-Friday range lows
US S&P Global PMIs at 13:45 UTC and Michigan sentiment at 14:00 UTC could materially shift this read
Lower highs since Monday, equal lows at 0.8192 forming base.
H1 has printed lower highs since Monday's 0.8270 week high. The decisive leg came at Thursday's London open, a slide to the 0.8192 week low as CHF drew haven flows on the AI-equity wobble and Middle East escalation. The NY rebound stalled at the 0.8243 lower high, and Friday's Asia session retested the week low and held, leaving an unconfirmed double bottom with price back above the ema20 near 0.8214, under the ema50 at 0.8225 and RSI(14) neutral around 50.
Support: 0.8214, 0.8192
Resistance: 0.8225, 0.8243, 0.8270
What it said to watch
H1 close above the 0.8243 lower high confirms the double bottom and breaks the lower-highs sequence
Failure to hold the 0.8192 week low extends the downtrend, with the digest flagging 0.8134 below
Reclaim of the ema50 at 0.8225, near the 38.2% of the week high-low fib, shifts the read toward a recovery
US flash PMIs at 13:45 UTC and UoM inflation expectations at 14:00 UTC could materially shift this read
Lower highs all week; range floor broken, week low retested.
USDCHF has printed lower highs since Monday's 0.8270 peak. Thursday's London session broke the 0.8222 range floor to a 0.8192 week low as haven demand lifted CHF, and the NY rebound stalled at 0.8243, the thu ny high at the 61.8% of the week drop fib, before fading back under EMA(20). Friday's Asia session retest of the week low held, with RSI(14) near 35 against 27 at Thursday's low, a bullish divergence; price is now pinned just below EMA(20) at 0.8213 with the 0.8200 psych level beneath.
Support: 0.8200, 0.8192
Resistance: 0.8213, 0.8222, 0.8243
What it said to watch
H1 close below the 0.8192 week low confirms a lower-low and voids the divergence
Recovery above EMA(20) at 0.8213 and the 0.8222 range floor would turn the Thursday break into a false break
A move through 0.8243 thu ny high breaks the lower highs trendline
US flash PMIs at 13:45 UTC and UoM sentiment and inflation expectations at 14:00 UTC today could materially shift this read
USDCHF has printed lower highs all week, from Monday's 0.8270 week high to Wednesday's 0.8259 and Thursday's 0.8243 lower high. Thursday's break lower came in the Asia-to-London transition as the CHF haven bid and broad USD softness took hold. Equal lows at 0.8192 have held twice, at Thursday's London open and again in Friday's Asian session. Price now sits on EMA(20) near the 38.2% fib of Thursday's NY-session decline, still below EMA(50) at 0.8226, with RSI(14) recovering to the mid-40s.
Support: 0.8192, 0.8134
Resistance: 0.8226, 0.8243, 0.8270
What it said to watch
H1 close below the 0.8192 equal lows confirms a lower low and exposes 0.8134 next support
Reclaim of EMA(50) at 0.8226, near the 61.8% fib, plus a break of the lower-highs trendline would shift the read toward a base
Close above Thursday's 0.8243 lower high breaks the sequence, with the 0.8270 week high above
US PMIs at 13:45 UTC and UoM sentiment/inflation expectations at 14:00 UTC could materially shift this read
02:02 UTC
Downtrend since Thursday's range break, momentum flattening · RSI 44 · price 0.8211
Mon–Wed 0.8222–0.8270 range broken; lower high 0.8243, twin lows at 0.8192.
USDCHF held a 0.8222–0.8270 range Monday through Wednesday, then broke lower in Thursday's Asia session as haven CHF demand built on global bond-market stress, printing a week low of 0.8192 into London open. The rebound through London into the NY open stalled at 0.8243 (the Thu high) and faded through NY hours, and the week low was retested in Friday's Asian range. Price now sits just under EMA(20) near 0.8213 at the 38.2% retrace of the Thursday fade, with RSI(14) recovering to the mid-40s and the old range floor at 0.8222 overhead.
Support: 0.8200, 0.8192
Resistance: 0.8213, 0.8222, 0.8243
What it said to watch
H1 close below the 0.8192 week low and the 0.8200 round number extends the lower-low sequence from Thursday's range break
Recovery above the 0.8222 range floor, which also aligns with the 61.8% retrace of the Thursday fade, would put the break in question; the 0.8243 Thu high marks the lower high
Holding below EMA(20) at 0.8213 keeps the post-break rebound contained
US S&P Global PMIs (Fri 13:45 UTC) and UoM sentiment/inflation expectations (14:00 UTC) could materially shift this read
Lower highs from Monday's 0.8270 week high; Thursday's swing low at 0.8192 retested in Asia.
USDCHF has printed lower highs all week, from Monday's 0.8270 week high to a 0.8192 swing low during Thursday's Asia-into-London slide, as haven CHF demand from the global bond selloff outweighed the strong US claims print. The NY rebound met rejection at 0.8243, a lower high just beyond the 61.8% retracement of the week's decline, and faded through the session as DXY stalled near 102.00. Price now sits below EMA(20) near 0.8213, retesting the 0.8192 low in Asia with the 0.8200 round number just overhead and RSI(14) holding below 50.
Support: 0.8200, 0.81915
Resistance: 0.8213, 0.82433, 0.82704
What it said to watch
H1 close below the 0.8192 swing low confirms a lower low and extends the downtrend sequence
Recovery above EMA(20) at 0.8213 and then the 0.8243 lower high would break the lower-highs sequence
Fri 13:45 UTC S&P Global PMIs and 14:00 UTC UoM inflation expectations could materially shift this read
A second hold at 0.8192 alongside a reclaim of the 0.8200 round number would point to the low acting as a base
Lower highs since Monday; Mon–Wed range broken lower.
USDCHF has printed lower highs since Monday's 0.8270 week high. Thursday's Asia-into-London slide broke the Mon–Wed range below the 0.8222 Tue low and set a 0.81915 week low as haven flows favoured CHF. The NY rebound to the 0.8243 thu high stalled near the 61.8% retrace and faded through late NY. Price now sits below EMA(20) near 0.8210, with RSI(14) at 38 and the close at 0.8197 just above the week low.
Support: 0.81915
Resistance: 0.8210, 0.82223, 0.82433
What it said to watch
H1 close below the 0.81915 week low extends the lower-low sequence
Recovery back above the 0.8222 tue low and the EMA(20) would reopen the broken range
H1 close above the 0.8243 thu high breaks the lower-high line and invalidates the downtrend read
US flash PMIs at 13:45 UTC and UoM sentiment at 14:00 UTC Friday could materially shift this read