Daily Pivots: (S1) 0.9890; (P) 0.9903; (R1) 0.9919; More…

USD/CHF’s break of 0.9904 minor resistance suggests that pull back from 1.0027 has completed at 0.9841, after drawing support from 0.9843 support. Intraday bias is back on the upside for retesting 1.0027 first. However, on the downside, sustained break of 0.9843 support will indicate that choppy rebound from 0.9659 has completed at 1.0027. Deeper fall should be seen to 0.9659 support and below.

In the bigger picture, corrective fall from 1.0237 should have completed at 0.9659 already, ahead of 61.8% retracement of 0.9186 to 1.0237 at 0.9587. But decisive break of 1.0237 is needed to indicate up trend resumption. Otherwise, medium term outlook will stay neutral first. Meanwhile, break of 0.9695 support will extend the correction to 0.9541 support instead.

Daily Pivots: (S1) 0.9890; (P) 0.9903; (R1) 0.9919; More…

Intraday bias in USD/CHF remains neutral as it fails to sustain above 0.9904 resistance so far. On the downside, sustained break of 0.9843 support will indicate that choppy rebound from 0.9659 has completed at 1.0027. Deeper fall should be seen to 0.9659 support and below. On the upside, firm break of 0.9904 minor resistance will turn focus back to 1.0027 instead.

In the bigger picture, corrective fall from 1.0237 should have completed at 0.9659 already, ahead of 61.8% retracement of 0.9186 to 1.0237 at 0.9587. But decisive break of 1.0237 is needed to indicate up trend resumption. Otherwise, medium term outlook will stay neutral first. Meanwhile, break of 0.9695 support will extend the correction to 0.9541 support instead.

Daily Pivots: (S1) 0.9869; (P) 0.9883; (R1) 0.9910; More…

Intraday bias in USD/CHF remains neutral first. Further fall remains mildly in favor with 0.9904 resistance intact. On the downside, sustained break of 0.9843 support will indicate that choppy rebound from 0.9659 has completed at 1.0027. Deeper fall should be seen to 0.9659 support and below. On the upside, above 0.9904 minor resistance will turn focus back to 1.0027 instead.

In the bigger picture, corrective fall from 1.0237 should have completed at 0.9659 already, ahead of 61.8% retracement of 0.9186 to 1.0237 at 0.9587. But decisive break of 1.0237 is needed to indicate up trend resumption. Otherwise, medium term outlook will stay neutral first. Meanwhile, break of 0.9695 support will extend the correction to 0.9541 support instead.

Daily Pivots: (S1) 0.9869; (P) 0.9883; (R1) 0.9910; More…

Intraday bias in USD/CHF remains neutral for the moment. Further fall is mildly in favor with 0.9904 resistance intact. On the downside, sustained break of 0.9843 support will indicate that choppy rebound from 0.9659 has completed at 1.0027. Deeper fall should be seen to 0.9659 support and below. On the upside, above 0.9904 minor resistance will turn focus back to 1.0027 instead.

In the bigger picture, corrective fall from 1.0237 should have completed at 0.9659 already, ahead of 61.8% retracement of 0.9186 to 1.0237 at 0.9587. But decisive break of 1.0237 is needed to indicate up trend resumption. Otherwise, medium term outlook will stay neutral first. Meanwhile, break of 0.9695 support will extend the correction to 0.9541 support instead.

Daily Pivots: (S1) 0.9842; (P) 0.9859; (R1) 0.9876; More…

Intraday bias in USD/CHF remains neutral first. On the downside, sustained break of 0.9843 support will indicate that choppy rebound from 0.9659 has completed at 1.0027. Deeper fall should be seen to 0.9659 support and below. On the upside, above 0.9904 minor resistance will turn focus back to 1.0027 instead.

In the bigger picture, corrective fall from 1.0237 should have completed at 0.9659 already, ahead of 61.8% retracement of 0.9186 to 1.0237 at 0.9587. But decisive break of 1.0237 is needed to indicate up trend resumption. Otherwise, medium term outlook will stay neutral first. Meanwhile, break of 0.9695 support will extend the correction to 0.9541 support instead.

Daily Pivots: (S1) 0.9842; (P) 0.9859; (R1) 0.9876; More…

Intraday bias in USD/CHF is turned neutral with 4 hour MACD crossed above signal line. On the downside, sustained break of 0.9843 support will indicate that choppy rebound from 0.9659 has completed at 1.0027. Deeper fall should be seen to 0.9659 support and below. On the upside, above 0.9904 minor resistance will turn focus back to 1.0027 instead.

In the bigger picture, corrective fall from 1.0237 should have completed at 0.9659 already, ahead of 61.8% retracement of 0.9186 to 1.0237 at 0.9587. But decisive break of 1.0237 is needed to indicate up trend resumption. Otherwise, medium term outlook will stay neutral first. Meanwhile, break of 0.9695 support will extend the correction to 0.9541 support instead.

Daily Pivots: (S1) 0.9826; (P) 0.9859; (R1) 0.9876; More…

No change in USD/CHF’s outlook. Intraday bias remains on the downside with focus on 0.9843 support. Sustained break there will indicate that choppy rebound from 0.9659 has completed at 1.0027. Deeper fall should be seen to 0.9659 support and below. On the upside, above 0.9904 minor resistance will turn focus back to 1.0027 instead.

In the bigger picture, corrective fall from 1.0237 should have completed at 0.9659 already, ahead of 61.8% retracement of 0.9186 to 1.0237 at 0.9587. But decisive break of 1.0237 is needed to indicate up trend resumption. Otherwise, medium term outlook will stay neutral first. Meanwhile, break of 0.9695 support will extend the correction to 0.9541 support instead.

Daily Pivots: (S1) 0.9826; (P) 0.9859; (R1) 0.9876; More…

Intraday bias in USD/CHF remains on the downside, with focus on 0.9843 support. Sustained break there will indicate that choppy rebound from 0.9659 has completed at 1.0027. Deeper fall should be seen to 0.9659 support and below. On the upside, above 0.9904 minor resistance will turn focus back to 1.0027 instead.

In the bigger picture, corrective fall from 1.0237 should have completed at 0.9659 already, ahead of 61.8% retracement of 0.9186 to 1.0237 at 0.9587. But decisive break of 1.0237 is needed to indicate up trend resumption. Otherwise, medium term outlook will stay neutral first. Meanwhile, break of 0.9695 support will extend the correction to 0.9541 support instead.

USD/CHF’s decline from 1.0027 accelerated to as low as 0.9841 last week. Initial bias is now on the downside with focus on 0.9843. Sustained break there will indicate that choppy rebound from 0.9659 has completed at 1.0027. Deeper fall should be seen to 0.9659 support and below. On the upside, above 0.9904 minor resistance will turn focus back to 1.0027 instead.

In the bigger picture, corrective fall from 1.0237 should have completed at 0.9659 already, ahead of 61.8% retracement of 0.9186 to 1.0237 at 0.9587. But decisive break of 1.0237 is needed to indicate up trend resumption. Otherwise, medium term outlook will stay neutral first. Meanwhile, break of 0.9695 support will extend the correction to 0.9541 support instead.

In the long term picture, price actions from 0.7065 (2011 low) are not clearly impulsive yet. Thus, we’ll treat it as developing into a corrective pattern, at least, until a firm break of 1.0342 resistance.

Daily Pivots: (S1) 0.9846; (P) 0.9900; (R1) 0.9932; More…

Outlook in USD/CHF remains unchanged. Price actions from 1.0027 are seen as consolidation pattern. Downside should be contained by 0.9843 support to bring rebound. On the upside, break of 1.0027 will resume the rise from 0.9659 to 78.6% retracement of 1.0237 to 0.9659 at 1.0113 next. However, firm break of 0.9843 will argue that rise from 0.9659 has completed. In this case, further fall should be seen to retest 0.9659.

In the bigger picture, corrective fall from 1.0237 should have completed at 0.9659 already, ahead of 61.8% retracement of 0.9186 to 1.0237 at 0.9587. But decisive break of 1.0237 is needed to indicate up trend resumption. Otherwise, medium term outlook will stay neutral first. Meanwhile, break of 0.9695 support will extend the correction to 0.9541 support instead.

Daily Pivots: (S1) 0.9846; (P) 0.9900; (R1) 0.9932; More…

No change in USD/CHF’s outlook as it’s seen as in consolidation from 1.0027. Downside of current decline should be contained by 0.9843 support to bring rebound. On the upside, break of 1.0027 will resume the rise from 0.9659 to 78.6% retracement of 1.0237 to 0.9659 at 1.0113 next. However, firm break of 0.9843 will argue that rise from 0.9659 has completed. In this case, further fall should be seen to retest 0.9659.

In the bigger picture, corrective fall from 1.0237 should have completed at 0.9659 already, ahead of 61.8% retracement of 0.9186 to 1.0237 at 0.9587. But decisive break of 1.0237 is needed to indicate up trend resumption. Otherwise, medium term outlook will stay neutral first. Meanwhile, break of 0.9695 support will extend the correction to 0.9541 support instead.

Daily Pivots: (S1) 0.9933; (P) 0.9962; (R1) 0.9978; More…

USD/CHF drops sharply to as low as 0.9873 so far. But for now, it’s still seen as in consolidation from 1.0027. Downside should be contained by 0.9843 support to bring another rally. On the upside, break of 1.0027 will resume the rise from 0.9659 to 78.6% retracement of 1.0237 to 0.9659 at 1.0113 next. However, firm break of 0.9843 will argue that rise from 0.9659 has completed. In this case, further fall should be seen to retest 0.9659.

In the bigger picture, corrective fall from 1.0237 should have completed at 0.9659 already, ahead of 61.8% retracement of 0.9186 to 1.0237 at 0.9587. But decisive break of 1.0237 is needed to indicate up trend resumption. Otherwise, medium term outlook will stay neutral first. Meanwhile, break of 0.9695 support will extend the correction to 0.9541 support instead.

Daily Pivots: (S1) 0.9933; (P) 0.9962; (R1) 0.9978; More…

USD/CHF is staying in consolidation from 1.0027 and outlook is unchanged. Such consolidation will likely extend further with deeper fall. But still, rise from 0.9659 is expected to resume sooner or later as long as 0.9843 support holds. On the upside, break of 1.0027 will target 78.6% retracement of 1.0237 to 0.9659 at 1.0113 next. Break will target retest on 1.0237 high.

In the bigger picture, corrective fall from 1.0237 should have completed at 0.9659 already, ahead of 61.8% retracement of 0.9186 to 1.0237 at 0.9587. But decisive break of 1.0237 is needed to indicate up trend resumption. Otherwise, medium term outlook will stay neutral first. Meanwhile, break of 0.9695 support will extend the correction to 0.9541 support instead.

Daily Pivots: (S1) 0.9969; (P) 0.9983; (R1) 1.0001; More…

Intraday bias in USD/CHF remains neutral as consolidation from 1.0027 is extending. Further rise is expected as long as 0.9843 support holds. On the upside, break of 1.0027 will target 78.6% retracement of 1.0237 to 0.9659 at 1.0113 next. Break will target retest on 1.0237 high.

In the bigger picture, corrective fall from 1.0237 should have completed at 0.9659 already, ahead of 61.8% retracement of 0.9186 to 1.0237 at 0.9587. But decisive break of 1.0237 is needed to indicate up trend resumption. Otherwise, medium term outlook will stay neutral first. Meanwhile, break of 0.9695 support will extend the correction to 0.9541 support instead.

Daily Pivots: (S1) 0.9969; (P) 0.9983; (R1) 1.0001; More…

No change in USD/CHF’s outlook as it’s staying in consolidation from 1.0027. Intraday bias remains neutral for some more sideway trading. Further rise is expected as long as 0.9843 support holds. On the upside, break of 1.0027 will target 78.6% retracement of 1.0237 to 0.9659 at 1.0113 next. Break will target retest on 1.0237 high.

In the bigger picture, corrective fall from 1.0237 should have completed at 0.9659 already, ahead of 61.8% retracement of 0.9186 to 1.0237 at 0.9587. But decisive break of 1.0237 is needed to indicate up trend resumption. Otherwise, medium term outlook will stay neutral first. Meanwhile, break of 0.9695 support will extend the correction to 0.9541 support instead.

Daily Pivots: (S1) 0.9951; (P) 0.9968; (R1) 0.9990; More…

Intraday bias in USD/CHF remains neutral as consolidation from 1.0027 is extending. Further rise is expected as long as 0.9843 support holds. On the upside, break of 1.0027 will target 78.6% retracement of 1.0237 to 0.9659 at 1.0113 next. Break will target retest on 1.0237 high.

In the bigger picture, corrective fall from 1.0237 should have completed at 0.9659 already, ahead of 61.8% retracement of 0.9186 to 1.0237 at 0.9587. But decisive break of 1.0237 is needed to indicate up trend resumption. Otherwise, medium term outlook will stay neutral first. Meanwhile, break of 0.9695 support will extend the correction to 0.9541 support instead.

Daily Pivots: (S1) 0.9951; (P) 0.9968; (R1) 0.9990; More…

No change in USD/CHF’s outlook as consolidation from 1.0027 is extending. Intraday bias remains neutral and further rise is expected as long as 0.9843 support holds. On the upside, break of 1.0027 will target 78.6% retracement of 1.0237 to 0.9659 at 1.0113 next. Break will target retest on 1.0237 high.

In the bigger picture, corrective fall from 1.0237 should have completed at 0.9659 already, ahead of 61.8% retracement of 0.9186 to 1.0237 at 0.9587. But decisive break of 1.0237 is needed to indicate up trend resumption. Otherwise, medium term outlook will stay neutral first. Meanwhile, break of 0.9695 support will extend the correction to 0.9541 support instead.

Daily Pivots: (S1) 0.9953; (P) 0.9972; (R1) 0.9986; More…

USD/CHF is staying in consolidation from 1.0027. Intraday bias remains neutral first and more sideway trading could be seen. But still, further rise is expected as long as 0.9843 support holds. On the upside, break of 1.0027 will target 78.6% retracement of 1.0237 to 0.9659 at 1.0113 next. Break will target retest on 1.0237 high.

In the bigger picture, corrective fall from 1.0237 should have completed at 0.9659 already, ahead of 61.8% retracement of 0.9186 to 1.0237 at 0.9587. But decisive break of 1.0237 is needed to indicate up trend resumption. Otherwise, medium term outlook will stay neutral first. Meanwhile, break of 0.9695 support will extend the correction to 0.9541 support instead.

Daily Pivots: (S1) 0.9953; (P) 0.9972; (R1) 0.9986; More…

Intraday bias in USD/CHF remains neutral and more sideway consolidations could be seen. Further rise is expected as long as 0.9843 support holds. On the upside, break of 1.0027 will target 78.6% retracement of 1.0237 to 0.9659 at 1.0113 next. Break will target retest on 1.0237 high.

In the bigger picture, corrective fall from 1.0237 should have completed at 0.9659 already, ahead of 61.8% retracement of 0.9186 to 1.0237 at 0.9587. But decisive break of 1.0237 is needed to indicate up trend resumption. Otherwise, medium term outlook will stay neutral first. Meanwhile, break of 0.9695 support will extend the correction to 0.9541 support instead.

USD/CHF stayed in consolidation below 1.0027 last week and outlook is unchanged. Initial bias remains neutral this week and more sideway trading could be seen. But further rise is expected as long as 0.9843 support holds. On the upside, break of 1.0027 will target 78.6% retracement of 1.0237 to 0.9659 at 1.0113 next. Break will target retest on 1.0237 high.

In the bigger picture, corrective fall from 1.0237 should have completed at 0.9659 already, ahead of 61.8% retracement of 0.9186 to 1.0237 at 0.9587. But decisive break of 1.0237 is needed to indicate up trend resumption. Otherwise, medium term outlook will stay neutral first. Meanwhile, break of 0.9695 support will extend the correction to 0.9541 support instead.

In the long term picture, price actions from 0.7065 (2011 low) are not clearly impulsive yet. Thus, we’ll treat it as developing into a corrective pattern, at least, until a firm break of 1.0342 resistance.