USDCHF London briefing — 2026-08-20

BIAS NEUTRAL. RSI oversold suggests bounce potential, but H1/H4 bearish EMAs conflict with daily structure—no clear directional edge. KEY LEVELS R: 0.8, 0.805, 0.81476 | S: 0.79609, 0.795, 0.79 NEWS 🟡 Initial Jobless Claims (USD) Thu 12:30 UTC 🟡 Continuing Jobless Claims (USD) Thu 12:30 UTC 🟡 4-week average claims Thu 12:30 UTC SESSION OUTLOOK US jobs data could trigger USD volatility. Watch 0.8 resistance; hold above 0.795 support to maintain any upside bias.

Key Levels

R: 0.80000 · 0.80500 · 0.81476

S: 0.79609 · 0.79500 · 0.79000