USDCHF US Dollar/Swiss Franc

USDCHF London Session Report - 2026-01-12

Session London Session
Date January 12, 2026
Bias
βšͺ Neutral
Confidence Low

Session Snapshot

  • Open: 0.79748
  • High: 0.79812
  • Low: 0.79720
  • Close: 0.79780
  • MCM State: Accumulation (tight consolidation, low volatility)
  • Volume Context: Moderate (European hours)
  • News Catalyst: USD weakness offset by CHF safe-haven flows on rising VIX (+4.35%); pair rangebound

Fundamental Drivers

USDCHF consolidating as USD weakness (DXY -0.35%) meets CHF safe-haven demand (VIX 15.11). "Swissie" acting as haven amid CPI uncertainty. Tomorrow's US CPI (1:30 PM EST) critical - soft CPI strengthens CHF further as USD weakens; hot CPI reverses CHF gains.

News Risk Assessment

  • Event Risk: High (US CPI Jan 13 at 1:30 PM EST)
  • Impact: Soft CPI = USD weakness = downside for USDCHF; hot CPI = upside
  • Action: Avoid entries 30 min before/after CPI; CHF volatility sensitive to risk sentiment shifts

Supply/Demand Zones

Demand Zones

Zone Range Status Strength
D1 0.7950-0.7965 Fresh Strong
D2 0.7920-0.7935 Fresh Strong
D3 0.7880-0.7900 Fresh Moderate

Supply Zones

Zone Range Status Strength
S1 0.8010-0.8025 Fresh Strong
S2 0.8050-0.8070 Fresh Moderate
S3 0.8100-0.8120 Fresh Moderate

Support/Resistance Matrix

Level Type Price Strength Distance
R3 Psychological 0.8100 Strong +1.5%
R2 Structural 0.8050 Moderate +0.9%
R1 Psychological 0.8000 Strong +0.3%
Current - 0.79780 - -
S1 Structural 0.7965 Strong -0.2%
S2 Structural 0.7950 Strong -0.4%
S3 Psychological 0.7900 Strong -1.0%

Liquidity Hunt Map

  • Buy-Stop Clusters: Above 0.8000 (major psychological resistance)
  • Sell-Stop Clusters: Below 0.7950 and 0.7900 (structural/psychological support)
  • Recent Sweeps: None in last 8 hours - tight consolidation
  • Next Target: Possible test of 0.8000 or hunt below 0.7950 depending on CPI outcome

Fear Factor Meter

FEAR [πŸ”΄πŸ”΄πŸ”΄πŸŸ πŸŸ πŸŸ‘βšͺβšͺβšͺβšͺ] GREED
          β–²
    Score: 4/10 β€” Risk Off (CHF Safe Haven)

Inputs: VIX rising (+4.35%), CHF safe-haven bid, Switzerland stability premium

Context: Risk-off flows supporting CHF. CPI volatility likely triggers directional move.

Directional Bias

  • Bias: Neutral
  • Confidence: Low
  • Rationale: Accumulation phase with conflicting forces - USD weakness vs CHF safe-haven demand. Technical rating shows "buy" today but "sell" on weekly/monthly. Low volatility (0.13%) suggests coiling for breakout post-CPI.

Action Zones

Setup Entry Trigger TP1 TP2 SL
🟒 Long 0.7950-0.7965 Bullish rejection at demand 0.8000 0.8035 0.7935
πŸ”΄ Short 0.8010-0.8025 Bearish engulfing at supply 0.7965 0.7920 0.8040
πŸ”΄ Short (Breakout) 0.7948-0.7952 Break below 0.7950 with volume 0.7900 0.7870 0.7975

Risk Note: Low conviction in ranging market. Wait for CPI catalyst before committing capital.

Momentum View

Accumulation phase with tight 0.13% volatility suggests coiling for directional move. IF CPI softer than expected β†’ probable break below 0.7950 toward 0.7900 as CHF strengthens. IF CPI hot β†’ likely test of 0.8000 resistance as USD recovers. Risk-reward favors waiting for clear breakout over ranging entries - no edge in current consolidation.


When momentum aligns, we move.