
USD/CHF Price Forecast: Bulls reclaim 0.8100 after SMA bounce
USD/CHF Price Forecast: Bulls reclaim 0.8100 after SMA bounce
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USD/CHF Price Forecast: Bulls reclaim 0.8100 after SMA bounce

Gold enters the final trading day of the week with momentum firmly shifted in favor of the bulls after breaking decisively above a multi-month consolidation pattern. The breakout marks the strongest technical development since the March decline began, but the rally has now reached the first major resistance zone where buyers must prove they can sustain the advance.

Rising demand for safe-haven assets provided support to the American currency.

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![Midweek technical look – AUD/USD, USD/CAD, Nvidia [Video]](https://static.pipvero.com/pipvero/uploads/2026-08/general-1-1786028431-ec02e2cc54fbd296.webp)
Midweek technical look – AUD/USD, USD/CAD, Nvidia [Video]

Silver price slips after a two-day surge as the dollar steadies and Friday's payrolls report tests the rate-hike outlook.

US Dollar awaits Nonfarm Payrolls as markets reassess Fed outlook The US Dollar remained in focus on Thursday as traders positioned ahead of the July Nonfarm Payrolls report, widely regarded as the week's most important economic release. Following a string of softer US economic indicators, investors have reduced expectations for another Federal Reserve rate increase, leaving Friday's labour market data as the next major test for the greenback.

Silver stalls at the 50-day EMA on Thursday in early trading, as rates in America rise a bit. At this point, are we testing the top of the consolidation, or are we trying to break out?

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Gold continues to grind right at the 200-day EMA.