{"id":435407,"date":"2026-08-04T20:31:10","date_gmt":"2026-08-04T13:31:10","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/usdchf-backs-off-from-swing-and-ma-resistance-sellers-remain-in-control-435407\/"},"modified":"2026-08-04T20:31:10","modified_gmt":"2026-08-04T13:31:10","slug":"usdchf-backs-off-from-swing-and-ma-resistance-sellers-remain-in-control","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/usdchf-backs-off-from-swing-and-ma-resistance-sellers-remain-in-control-435407\/","title":{"rendered":"USDCHF backs off from swing and MA resistance.  Sellers remain in control"},"content":{"rendered":"<div>\n<p class=\"PDq2pG_selectionAnchorContainer\">The USDCHF has moved lower today after sellers successfully defended a key resistance zone yesterday between 0.8108 and 0.8120, an area reinforced by the falling 100-hour moving average (now at 0.81043, slightly lower than yesterday). The inability to break above those technical barriers on both days kept sellers more in control in the short term at least, with downside momentum accelerating in the early North American session to a low of 0.8082.<\/p>\n<p class=\"PDq2pG_selectionAnchorContainer\">\n<p>That move keeps the near-term bias tilted to the downside and buyers on the defensive, but the broader battle for control is far from settled. For sellers to strengthen their grip, they need to push below the next swing support between 0.8060 and 0.8070, and then break the 38.2% retracement of the rally from the late-May low to last week&#8217;s high at 0.80491. That retracement remains an important dividing line. On Thursday and again early Friday, the price briefly traded below it but failed to sustain the break, giving buyers the green light to stage a recovery. Unless sellers can get below 0.80491 and hold there, they are not gaining meaningful control from a medium-term perspective.<\/p>\n<p>On the topside, buyers still have a clear to-do list. They first need to reclaim the falling 100-hour moving average and then move back above the 0.8108\u20130.8120 resistance zone. A break above that area would shift attention to the falling 200-hour moving average, currently at 0.81392, as the next key upside target.<\/p>\n<p>For now, sellers maintain the short-term advantage after today&#8217;s decline, but the technical picture shows they still have important hurdles to clear before they can claim broader control of the trend.<\/p>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The USDCHF has moved lower today after sellers successfully defended a key resistance zone yesterday between 0.8108 and 0.8120, an area reinforced by the falling 100-hour moving average (now at 0.81043, slightly&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-435407","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/435407","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=435407"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/435407\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=435407"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=435407"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=435407"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}