CHF is showing conflicting signals across timeframes [Video]

Carol Harmer Charmer Trading

Daily chart outlook

Support sits at 7908–7897 depending on system.
Heavy overhead resistance between 7868–8002.
A close above 8002 would relieve downside pressure and keep the continuation pattern intact.
Upside potential: 8025–8100.
Daily indicators are turning positive, suggesting short‑term buying opportunities with tight stops

Weekly chart outlook

A sharp drop from 9200 has left the market consolidating — a pause before the next leg.
Weekly indicators remain bearish, and if support yields, buyers could be taken out.
I always say: reverse longs on the second break of a major level — the first break often belongs to algos and indecision.
Longer‑term charts point to risk of testing ATLows near 7100 in 2026

The takeaway: short‑term buy up to resistance, but be ready to switch sides quickly.

$Swissy never really recovered to its pre‑2015 highs — a shame, because it remains a fascinating market to trade.

Author

Carol Harmer

Charmer Trading

Carol Harmer has over 39 years experience of analysing and trading the world's markets and is undoubtedly one of the most respected technical trader in the world today.

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