USDCHF London briefing — 2026-08-04

BIAS NEUTRAL — RSI at 51.14 midpoint, H4 and H1 EMAs both neutral with conflicting signals across timeframes, D1 structure offering no directional conviction. KEY LEVELS R: 0.81, 0.815, 0.82072 | S: 0.805, 0.80401, 0.8 NEWS 🟡 Goods/Services Trade Balance (USD) — Tue 12:30 UTC 🟡 Redbook Index YoY (USD) — Tue 12:55 UTC SESSION OUTLOOK Weak US data releases may trigger mild CHF strength early. Watch 0.81 resistance for rejection or break; support holds 0.805 unless momentum shifts.

Key Levels

R: 0.81000 · 0.81500 · 0.82072

S: 0.80500 · 0.80401 · 0.80000