USDCHF US Dollar/Swiss Franc

USDCHF London Session Report - 2026-01-11

Session London Session
Date January 11, 2026
Bias
🔴 Short
Confidence Moderate

Session Snapshot

  • Open: 0.79850
  • High: 0.79950
  • Low: 0.79720
  • Close: 0.79828
  • MCM State: Markdown (downtrend, -12.44% YoY)
  • Volume Context: Moderate (London session typical for CHF pairs)
  • News Catalyst: No SNB speakers or Swiss data, CHF strength persists on safe-haven demand

Fundamental Drivers

USDCHF under pressure as CHF safe-haven flows offset USD strength (DXY +0.30%). Swiss National Bank rate at 0.50% vs Fed 3.75%, but CHF strengthens on risk-off positioning and low inflation. Pair in -12.44% YoY downtrend—USD bulls need sustained risk-on to reverse.

News Risk Assessment

  • Event Risk: None (no high-impact Swiss or US releases today)
  • Impact: Consolidation within downtrend expected
  • Action: Fresh supply zones reliable for short setups in markdown phase

Supply/Demand Zones

Demand Zones

Zone Range Status Strength
D1 0.79200-0.79350 Fresh Moderate
D2 0.78500-0.78700 Fresh Strong
D3 0.77800-0.78000 Fresh Very Strong (multi-month low)

Supply Zones

Zone Range Status Strength
S1 0.80000-0.80150 Fresh Strong
S2 0.80500-0.80700 Fresh Very Strong
S3 0.81200-0.81400 Tested Institutional (swing high)

Support/Resistance Matrix

Level Type Price Strength Distance
R3 Psychological 0.81000 Very Strong +1.47%
R2 Structural 0.80500 Strong +0.84%
R1 Psychological 0.80000 Strong +0.22%
Current - 0.79828 - -
S1 Intraday 0.79700 Moderate -0.16%
S2 Structural 0.79200 Strong -0.79%
S3 Major Support 0.78500 Institutional -1.66%

Liquidity Hunt Map

  • Buy-Stop Clusters: Above 0.80000 (psychological), above 0.80500 (swing high)
  • Sell-Stop Clusters: Below 0.79200 (demand zone), below 0.78500 (multi-week low)
  • Recent Sweeps: None in past 10 hours
  • Next Target: Likely sweep below 0.79200 to trigger sell-stops before possible bounce to 0.80000

Fear Factor Meter

FEAR [🔴🔴🔴🟠🟡🟡🟢🟢⚪⚪] GREED
        ▲
  Score: 4/10 — Risk-Off Leaning

Inputs: DXY=98.98 (USD bid but CHF stronger), VIX=14.49 (calm but CHF safe-haven bid), -12.44% YoY downtrend intact

Directional Bias

  • Bias: Short (on rallies)
  • Confidence: Moderate
  • Rationale: Markdown phase with -12.44% YoY trend favors shorts from fresh supply at 0.80000. CHF safe-haven demand structural. Fresh supply at 0.80000 and 0.80500 offer favorable short entries. IF risk sentiment shifts strongly bullish → possible rally to 0.80500 before resumption.

Action Zones

| Setup | Entry | Trigger | TP1 | TP2 | SL |
|-------|-------|---------|-----|-----|----||
| 🔴 Short | 0.80000-0.80150 | Bearish engulfing/shooting star | 0.79600 | 0.79200 | 0.80250 |
| 🔴 Short | 0.80500-0.80700 | Bearish rejection candle | 0.80000 | 0.79500 | 0.80800 |
| 🟢 Long | 0.79200-0.79350 | Bullish engulfing (counter-trend) | 0.79700 | 0.80000 | 0.79100 |

Momentum View

"Markdown phase with CHF safe-haven strength favors shorts from fresh supply at 0.80000—likely to hold given structural downtrend and low event risk. Probable sweep below 0.79200 to trigger sell-stops before counter-trend bounce. IF risk-on sentiment dominates → possible rally to 0.80500 before trend resumption."


When momentum aligns, we move.