EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9321; (P) 0.9348; (R1) 0.9375; More

EUR/CHF recovered higher today but outlook is unchanged. Intraday bias stays neutral first and outlook remains bearish with 0.9402 support turned resistance intact. On the downside, break of 0.9252 will resume larger down trend to 100% projection of 0.9995 to 0.9416 from 0.9683 at 0.9104 next.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Current fall from 1.2004 (2018 high) is part of the multi-decade down trend. Next target is 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9317; (P) 0.9331; (R1) 0.9349; More

No change in EUR/CHF’s outlook as consolidation from 0.9252 is still in progress. While stronger recovery cannot be ruled out, outlook will stay bearish as long as 0.9402 support turned resistance holds. On the downside, break of 0.9252 will resume larger down trend to 100% projection of 0.9995 to 0.9416 from 0.9683 at 0.9104 next.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Current fall from 1.2004 (2018 high) is part of the multi-decade down trend. Next target is 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9290; (P) 0.9306; (R1) 0.9332; More

Intraday bias in EUR/CHF stays neutral as consolidation from 0.9252 is still extending. While another recovery cannot be ruled out, outlook will stay bearish as long as 0.9402 support turned resistance holds. On the downside, break of 0.9252 will resume larger down trend to 100% projection of 0.9995 to 0.9416 from 0.9683 at 0.9104 next.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Current fall from 1.2004 (2018 high) is part of the multi-decade down trend. Next target is 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9274; (P) 0.9296; (R1) 0.9309; More

EUR/CHF is still bounded in consolidation above 0.9252 and intraday bias remains neutral for the moment. While another recovery cannot be ruled out, outlook will stay bearish as long as 0.9402 support turned resistance holds. On the downside, break of 0.9252 will resume larger down trend to 100% projection of 0.9995 to 0.9416 from 0.9683 at 0.9104 next.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Current fall from 1.2004 (2018 high) is part of the multi-decade down trend. Next target is 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9284; (P) 0.9308; (R1) 0.9328; More

Intraday bias in EUR/CHF remains neutral as consolidation from 0.9252 is extending. While another recovery cannot be ruled out, outlook will stay bearish as long as 0.9402 support turned resistance holds. On the downside, break of 0.9252 will resume larger down trend to 100% projection of 0.9995 to 0.9416 from 0.9683 at 0.9104 next.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Current fall from 1.2004 (2018 high) is part of the multi-decade down trend. Next target is 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.

EUR/CHF Weekly Outlook

EUR/CHF stayed in consolidation above 0.9252 last week and outlook is unchanged. Initial bias stays neutral this week first. While another recovery cannot be ruled out, outlook will stay bearish as long as 0.9402 support turned resistance holds. On the downside, break of 0.9252 will resume larger down trend to 100% projection of 0.9995 to 0.9416 from 0.9683 at 0.9104 next.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Current fall from 1.2004 (2018 high) is part of the multi-decade down trend. Next target is 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.

In the long term picture, outlook remains bearish as it’s staying well below 55 M EMA (now at 1.264). Larger down trend from 1.2004 (2018 high) is in progress.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9274; (P) 0.9303; (R1) 0.9334; More

EUR/USD is staying in consolidation from 0.9252 and intraday bias remains neutral. While another recovery cannot be ruled out, outlook will stay bearish as long as 0.9402 support turned resistance holds. On the downside, break of 0.9252 will

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Current fall from 1.2004 (2018 high) is part of the multi-decade down trend. Next target is 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9251; (P) 0.9296; (R1) 0.9318; More

Intraday bias in EUR/CHF remains neutral and consolidation from 0.9252 could extend further. Outlook stays bearish as long as 0.9402 support turned resistance holds. On the downside, break of 0.9252 will resume larger down trend. Next target is 100% projection of 0.9995 to 0.9416 from 0.9683 at 0.9104 next.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Current fall from 1.2004 (2018 high) is part of the multi-decade down trend. Next target is 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9121; (P) 0.9455; (R1) 0.9639; More

Intraday bias in EUR/CHF stays neutral for consolidation above 0.9252. While stronger recovery might be seen, further decline is expected as long as 0.9402 support turned resistance holds. On the downside, break of 0.9252 will resume larger down trend. Next target is 100% projection of 0.9995 to 0.9416 from 0.9683 at 0.9104 next.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Current fall from 1.2004 (2018 high) is part of the multi-decade down trend. Next target is 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9245; (P) 0.9298; (R1) 0.9341; More

Intraday bias in EUR/CHF is turned neutral with current recovery, and some more consolidations would be seen above 0.9252. But further decline is expected as long as 0.9402 support turned resistance holds. On the downside, break of 0.9252 will resume larger down trend. Next target is 100% projection of 0.9995 to 0.9416 from 0.9683 at 0.9104 next.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Current fall from 1.2004 (2018 high) is part of the multi-decade down trend. Next target is 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9281; (P) 0.9323; (R1) 0.9389; More

Intraday bias in EUR/CHF remains on the downside for the moment. Current fall would target 100% projection of 0.9995 to 0.9416 from 0.9683 at 0.9104 next. On the upside, above 0.9347 minor resistance will turn intraday bias neutral first. But outlook will stay bearish as long as 0.9543 resistance holds, even in case of strong recovery.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Current fall from 1.2004 (2018 high) is part of the multi-decade down trend. Next target is 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9329; (P) 0.9387; (R1) 0.9421; More

EUR/CHF’s decline resumed after brief consolidations and hit as low as 0.9327 so far. Intraday bias is back on the downside. Firm break of 61.8% projection of 0.9995 to 0.9416 from 0.9683 at 0.9325, will pave the way to 100% projection at 0.9104 next. On the upside, above 0.9395 minor resistance will turn bias neutral fist. but outlook will stay bearish as long as 0.9543 resistance holds, even in case of strong recovery.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Current fall from 1.2004 (2018 high) is part of the multi-decade down trend. Next target is 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9412; (P) 0.9430; (R1) 0.9444; More

EUR/CHF recovered after dipping to 0.9395 and intraday bias stays neutral first. Still, with 0.9543 resistance intact, deeper decline is expected. On the downside, firm break of 0.9407 key support will confirm larger down trend resumption. Next target is 61.8% projection of 0.9995 to 0.9416 from 0.9683 at 0.9325. However, sustained break of 0.9543 will bring further rally back to 0.9683 resistance instead.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Firm break of 0.9407 (2022 low) will resume long term down trend. Next target will be 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9409; (P) 0.9430; (R1) 0.9448; More

EUR/CHF is still bounded in consolidation from 0.9402 and intraday bias stays neutral. With 0.9543 resistance intact, deeper decline is expected. On the downside, firm break of 0.9407 will confirm larger down trend resumption. Next target is 61.8% projection of 0.9995 to 0.9416 from 0.9683 at 0.9325. However, sustained break of 0.9543 will bring further rally back to 0.9683 resistance instead.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Firm break of 0.9407 (2022 low) will resume long term down trend. Next target will be 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9424; (P) 0.9443; (R1) 0.9460; More

Intraday bias in EUR/CHF remains neutral at this point. Consolidation from 0.9402 could extend further. But deeper decline is expected with 0.9543 resistance intact. On the downside, firm break of 0.9407 will confirm larger down trend resumption. Next target is 61.8% projection of 0.9995 to 0.9416 from 0.9683 at 0.9325. However, sustained break of 0.9543 will bring further rally back to 0.9683 resistance instead.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Firm break of 0.9407 (2022 low) will resume long term down trend. Next target will be 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9432; (P) 0.9461; (R1) 0.9483; More

Intraday bias in EUR/CHF remains neutral as consolidation from 0.9402 could extend further. But still, deeper decline is expected with 0.9543 resistance intact. On the downside, firm break of 0.9407 will confirm larger down trend resumption. Next target is 61.8% projection of 0.9995 to 0.9416 from 0.9683 at 0.9325. However, sustained break of 0.9543 will bring further rally back to 0.9683 resistance instead.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Firm break of 0.9407 (2022 low) will resume long term down trend. Next target will be 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9454; (P) 0.9477; (R1) 0.9494; More

EUR/CHF is still extending the consolidation from 0.9402 and intraday bias remains neutral. Deeper decline is expected with 0.9543 resistance intact. On the downside, firm break of 0.9407 will confirm larger down trend resumption. Next target is 61.8% projection of 0.9995 to 0.9416 from 0.9683 at 0.9325. However, sustained break of 0.9543 will bring further rally back to 0.9683 resistance instead.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Firm break of 0.9407 (2022 low) will resume long term down trend. Next target will be 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9445; (P) 0.9493; (R1) 0.9531; More

Intraday bias in EUR/CHF stays neutral and consolidation from 0.9402 could extend further. But deeper decline is expected with 0.9543 resistance intact. On the downside, firm break of 0.9407 will confirm larger down trend resumption. Next target is 61.8% projection of 0.9995 to 0.9416 from 0.9683 at 0.9325. However, sustained break of 0.9543 will bring further rally back to 0.9683 resistance instead.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Firm break of 0.9407 (2022 low) will resume long term down trend. Next target will be 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.

EUR/CHF Weekly Outlook

While EUR/CHF’s recovery from 0.9402 extended last week, it failed to break through 0.9543 resistance and reversed from there. Initial bias remains neutral this week first, and further decline is expected. On the downside, firm break of 0.9407 will confirm larger down trend resumption. Next target is 61.8% projection of 0.9995 to 0.9416 from 0.9683 at 0.9325. However, sustained break of 0.9543 will bring further rally back to 0.9683 resistance instead.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Firm break of 0.9407 (2022 low) will resume long term down trend. Next target will be 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.

In the long term picture, outlook remains bearish as it’s staying well below 55 M EMA (now at 1.0307). Larger down trend from 1.2004 (2018 high) is in progress to break through 0.9407 low.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9479; (P) 0.9512; (R1) 0.9570; More

While EUR/CHF’s recovery from 0.9402 extended higher, it’s still capped by 0.9543 resistance. Intraday bias stays neutral and further decline remains in favor. On the downside, decisive break of 0.9407 will confirm larger down trend resumption. Next target is 61.8% projection of 0.9995 to 0.9416 from 0.9683 at 0.9325. However, sustained break of 0.9543 will bring further rally back to 0.9683 resistance instead.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Firm break of 0.9407 (2022 low) will resume long term down trend. Next target will be 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.