USDCHF London briefing — 2026-07-29

BIAS BULLISH. D1 structure supports upside; H4 EMA bullish confirms. RSI neutral (53) leaves room for momentum without overbought risk. H1 divergence noted but outweighed by higher timeframe confluence. KEY LEVELS R: 0.82, 0.82056, 0.825 | S: 0.815, 0.81, 0.80315 NEWS 🟡 ZEW Survey – Expectations (CHF) 08:00 UTC 🟡 MBA Mortgage Applications (USD) 11:00 UTC 🟡 EIA Crude Oil Stocks (USD) 14:30 UTC SESSION OUTLOOK Watch ZEW print for CHF volatility early. London typically drives range-bound consolidation; bias leans toward 0.82 probe if sentiment holds. PRO UNLOCKS Entry, SL, TP1, TP2,

Key Levels

R: 0.82000 · 0.82056 · 0.82500

S: 0.81500 · 0.81000 · 0.80315