USDCHF London briefing — 2026-09-25

BIAS BULLISH. D1 + H4 + H1 EMA alignment, H4 and H1 fair value gaps bullish, daily structure intact. KEY LEVELS R: 0.83, 0.835 | S: 0.825, 0.82, 0.80525 NEWS 🟡 Fed Williams speech 09:15 UTC 🟡 Durable Goods Orders 12:30 UTC SESSION OUTLOOK USD volatility risk from Fed speakers and durable goods data. Monitor holds above 0.825 support for continuation.

Key Levels

R: 0.82966 · 0.83000 · 0.83500

S: 0.82500 · 0.82000 · 0.80525