EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9405; (P) 0.9432; (R1) 0.9472; More….

Intraday bias in EUR/CHF is back on the upside with breach of 0.9440. However, strong resistance is expected from 0.9481 fibonacci level to complete the corrective rebound from 0.9204. On the downside, below 0.9365 minor support will turn bias to the downside for 0.9336 support first. Firm break of 0.9336 will argue that the correction has completed.

In the bigger picture, while corrective rebound from 0.9204 might extend higher, strong resistance could be seen from 38.2% retracement of 0.9928 to 0.9204 at 0.9481 to limit upside. Down trend from 0.9928 (2024 high) is still in favor to resume through 0.9204/9 support zone at a later stage. However, strong break of 0.9481 will raise the chance of medium term bottoming, and bring further rally back to 61.8% retracement at 0.9651.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9371; (P) 0.9393; (R1) 0.9419; More….

EUR/CHF bounces today but stays inside range below 0.9440. Intraday bias remains neutral for the moment. Rebound from 0.9204 is seen as a corrective move and could extend above 0.9440 But upside should be limited by 0.9481 fibonacci resistance. On the downside, firm break of 0.9336 support will argue that the correction has completed, and turn bias back to the downside for 0.9284 support first.

In the bigger picture, while corrective rebound from 0.9204 might extend higher, strong resistance could be seen from 38.2% retracement of 0.9928 to 0.9204 at 0.9481 to limit upside. Down trend from 0.9928 (2024 high) is still in favor to resume through 0.9204/9 support zone at a later stage.

EUR/CHF Weekly Outlook

EUR/CHF stayed in consolidation below 0.9444 last week and outlook is unchanged. Initial bias remains neutral this week first. Rebound from 0.9204 is seen as a corrective move and could extend above 0.9440 But upside should be limited by 0.9481 fibonacci resistance. On the downside, firm break of 0.9336 support will argue that the correction has completed, and turn bias back to the downside for 0.9284 support first.

In the bigger picture, while corrective rebound from 0.9204 might extend higher, strong resistance could be seen from 38.2% retracement of 0.9928 to 0.9204 at 0.9481 to limit upside. Down trend from 0.9928 (2024 high) is still in favor to resume through 0.9204/9 support zone at a later stage.

In the long term picture, fall from 1.2004 (2018 high) is part of the multi-decade down trend. Corrective pattern from 0.9407 (2022 low) might have completed with three waves to 0.9928. Decisive break of 0.9252 (2023 low) will confirm long term down trend resumption to 61.8% projection of 1.1149 to 0.9407 from 0.9928 at 0.8851. For now, outlook will stay bearish as long as 0.9928 resistance holds, even in case of strong rebound.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9369; (P) 0.9385; (R1) 0.9398; More….

Sideway trading continues in EUR/CHF and intraday bias remains neutral. Corrective rebound from 0.9204 could still extend higher. But upside should be limited by 0.9481 fibonacci resistance. On the downside, firm break of 0.9329 support will argue that the correction has completed, and turn bias back to the downside for 0.9284 support first.

In the bigger picture, while corrective rebound from 0.9204 might extend higher, strong resistance could be seen from 38.2% retracement of 0.9928 to 0.9204 at 0.9481 to limit upside. Down trend from 0.9928 (2024 high) is still in favor to resume through 0.9204/9 support zone at a later stage.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9377; (P) 0.9398; (R1) 0.9412; More….

Intraday bias in EUR/CHF remains neutral and range trading continues. Corrective rebound from 0.9204 could still extend higher. But upside should be limited by 0.9481 fibonacci resistance. On the downside, firm break of 0.9329 support will argue that the correction has completed, and turn bias back to the downside for 0.9284 support first.

In the bigger picture, while corrective rebound from 0.9204 might extend higher, strong resistance could be seen from 38.2% retracement of 0.9928 to 0.9204 at 0.9481 to limit upside. Down trend from 0.9928 (2024 high) is still in favor to resume through 0.9204/9 support zone at a later stage.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9383; (P) 0.9399; (R1) 0.9422; More….

No change in EUR/CHF’s outlook as consolidation continues and intraday bias remains neutral. Corrective rebound from 0.9204 could still extend higher. But upside should be limited by 0.9481 fibonacci resistance. On the downside, firm break of 0.9329 support will argue that the correction has completed, and turn bias back to the downside for 0.9284 support first.

In the bigger picture, while corrective rebound from 0.9204 might extend higher, strong resistance could be seen from 38.2% retracement of 0.9928 to 0.9204 at 0.9481 to limit upside. Down trend from 0.9928 (2024 high) is still in favor to resume through 0.9204/9 support zone at a later stage.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9355; (P) 0.9377; (R1) 0.9417; More….

Sideway trading continues in EUR/CHF and intraday bias stays neutral. Corrective rebound from 0.9204 could still extend higher. But upside should be limited by 0.9481 fibonacci resistance. On the downside, firm break of 0.9329 support will argue that the correction has completed, and turn bias back to the downside for 0.9284 support first.

In the bigger picture, while corrective rebound from 0.9204 might extend higher, strong resistance could be seen from 38.2% retracement of 0.9928 to 0.9204 at 0.9481 to limit upside. Down trend from 0.9928 (2024 high) is still in favor to resume through 0.9204/9 support zone at a later stage.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9376; (P) 0.9398; (R1) 0.9411; More….

Intraday bias in EUR/CHF remains neutral as sideway consolidations continues. Corrective rebound from 0.9204 could still extend higher. But upside should be limited by 0.9481 fibonacci resistance. On the downside, firm break of 0.9329 support will argue that the correction has completed, and turn bias back to the downside for 0.9284 support first.

In the bigger picture, while corrective rebound from 0.9204 might extend higher, strong resistance could be seen from 38.2% retracement of 0.9928 to 0.9204 at 0.9481 to limit upside. Down trend from 0.9928 (2024 high) is still in favor to resume through 0.9204/9 support zone at a later stage.

EUR/CHF Weekly Outlook

EUR/CHF stays in sideway trading below 0.9440 last week and outlook is unchanged. Initial bias remains neutral this week first. Corrective rebound from 0.9204 could still extend higher. But upside should be limited by 0.9481 fibonacci resistance. On the downside, firm break of 0.9329 support will argue that the correction has completed, and turn bias back to the downside for 0.9284 support first.

In the bigger picture, while corrective rebound from 0.9204 might extend higher, strong resistance could be seen from 38.2% retracement of 0.9928 to 0.9204 at 0.9481 to limit upside. Down trend from 0.9928 (2024 high) is still in favor to resume through 0.9204/9 support zone at a later stage.

In the long term picture, fall from 1.2004 (2018 high) is part of the multi-decade down trend. Corrective pattern from 0.9407 (2022 low) might have completed with three waves to 0.9928. Decisive break of 0.9252 (2023 low) will confirm long term down trend resumption to 61.8% projection of 1.1149 to 0.9407 from 0.9928 at 0.8851. For now, outlook will stay bearish as long as 0.9928 resistance holds, even in case of strong rebound.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9385; (P) 0.9394; (R1) 0.9405; More….

No change in EUR/CHF’s outlook and intraday bias stays neutral. Corrective rebound from 0.9204 could still extend higher through 0.9440. But upside should be limited by 0.9481 fibonacci resistance. On the downside, firm break of 0.9329 support will argue that the correction has completed, and bring retest of 0.9204 low.

In the bigger picture, while rebound from 0.9204 might extend higher, strong resistance could be seen from 38.2% retracement of 0.9928 to 0.9204 at 0.9481 to limit upside. Down trend from 0.9928 (2024 high) is still in favor to resume through 0.9204/9 support zone at a later stage.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9377; (P) 0.9399; (R1) 0.9425; More….

Intraday bias in EUR/CHF remains neutral as range trading continues. Corrective rebound from 0.9204 could still extend higher through 0.9440. But upside should be limited by 0.9481 fibonacci resistance. On the downside, firm break of 0.9329 support will argue that the correction has completed, and bring retest of 0.9204 low.

In the bigger picture, while rebound from 0.9204 might extend higher, strong resistance could be seen from 38.2% retracement of 0.9928 to 0.9204 at 0.9481 to limit upside. Down trend from 0.9928 (2024 high) is still in favor to resume through 0.9204/9 support zone at a later stage.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9378; (P) 0.9409; (R1) 0.9437; More….

EUR/CHF retreated ahead of 0.9440 resistance and outlook is unchanged. Corrective rebound from 0.9204 could still extend higher through 0.9440. But upside should be limited by 0.9481 fibonacci resistance. On the downside, firm break of 0.9329 support will argue that the correction has completed, and bring retest of 0.9204 low.

In the bigger picture, while rebound from 0.9204 might extend higher, strong resistance could be seen from 38.2% retracement of 0.9928 to 0.9204 at 0.9481 to limit upside. Down trend from 0.9928 (2024 high) is still in favor to resume through 0.9204/9 support zone at a later stage.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9366; (P) 0.9388; (R1) 0.9420; More….

EUR/CHF’s corrective rebound from 0.9204 could still extend higher through 0.9440. But upside should be limited by 0.9481 fibonacci resistance. On the downside, firm break of 0.9329 support will argue that the correction has completed, and bring retest of 0.9204 low.

In the bigger picture, while rebound from 0.9204 might extend higher, strong resistance could be seen from 38.2% retracement of 0.9928 to 0.9204 at 0.9481 to limit upside. Down trend from 0.9928 (2024 high) is still in favor to resume through 0.9204/9 support zone at a later stage.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9341; (P) 0.9357; (R1) 0.9380; More….

Intraday bias in EUR/CHF remains neutral for the moment. Corrective rebound from 0.9204 could still extend higher. But upside should be limited by 0.9481 fibonacci resistance. On the downside, firm break of 0.9284 support will argue that the correction has completed, and bring retest of 0.9204 low.

In the bigger picture, while rebound from 0.9204 might extend higher, strong resistance could be seen from 38.2% retracement of 0.9928 to 0.9204 at 0.9481 to limit upside. Down trend from 0.9928 (2024 high) is still in favor to resume through 0.9204/9 support zone at a later stage.

EUR/CHF Weekly Outlook

EUR/CHF reversed after edging higher to 0.9440 last week but stayed in near term rising channel. Corrective rebound from 0.9204 could still extend higher. But upside should be limited by 0.9481 fibonacci resistance. On the downside, firm break of 0.9284 support will argue that the correction has completed, and bring retest of 0.9204 low.

In the bigger picture, while rebound from 0.9204 might extend higher, strong resistance could be seen from 38.2% retracement of 0.9928 to 0.9204 at 0.9481 to limit upside. Down trend from 0.9928 (2024 high) is still in favor to resume through 0.9204/9 support zone at a later stage.

In the long term picture, fall from 1.2004 (2018 high) is part of the multi-decade down trend. Corrective pattern from 0.9407 (2022 low) might have completed with three waves to 0.9928. Decisive break of 0.9252 (2023 low) will confirm long term down trend resumption to 61.8% projection of 1.1149 to 0.9407 from 0.9928 at 0.8851. For now, outlook will stay bearish as long as 0.9928 resistance holds, even in case of strong rebound.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9333; (P) 0.9365; (R1) 0.9401; More….

Intraday bias in EUR/CHF is back on the downside with break of 0.9359 minor support. Deeper fall should be seen to 0.9284 support next. Rebound from 0.9204 is current seen as a corrective move. In case of another rise through 0.9440, strong resistance would be seen from 0.9481 fibonacci resistance to limit upside.

In the bigger picture, a medium term bottom is probably in place at 0.9204. More consolidations would be seen above there with risk of stronger rebound to 38.2% retracement of 0.9928 to 0.9204 at 0.9481. But outlook will remain bearish as long as 0.9481 holds and another fall through 0.9204 to resume larger down trend is in favor.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9378; (P) 0.9412; (R1) 0.9440; More….

EUR/CHF retreated notably after rising to 0.9440 and intraday bias is turned neutral first. On the upside, break of 0.9440 will resume the corrective rebound from 0.9204 to 0.9481 fibonacci resistance next. On the downside, below 0.9359 minor support will turn intraday bias back to the downside for 0.9284 support instead.

In the bigger picture, a medium term bottom is probably in place at 0.9204. More consolidations would be seen above there with risk of stronger rebound to 38.2% retracement of 0.9928 to 0.9204 at 0.9481. But outlook will remain bearish as long as 0.9481 holds and another fall through 0.9204 to resume larger down trend is in favor.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9374; (P) 0.9392; (R1) 0.9424; More….

EUR/CHF’s rebound from 0.9284 extended higher and focus is no won 0.9417 resistance. Firm break there will resume the rally from 0.9204 to 0.9481 fibonacci resistance next. On the downside, below 0.9359 minor support will turn intraday bias back to the downside for 0.9284 support instead.

In the bigger picture, a medium term bottom is probably in place at 0.9204. More consolidations would be seen above there with risk of stronger rebound to 38.2% retracement of 0.9928 to 0.9204 at 0.9481. But outlook will remain bearish as long as 0.9481 holds and another fall through 0.9204 to resume larger down trend is in favor.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9352; (P) 0.9367; (R1) 0.9382; More….

Intraday bias in EUR/CHF remains neutral for the moment. Corrective rebound from 0.9204 could have completed at 0.9417. Another fall is in favor and below 0.9284 will target 0.9254 support first. Break there will bring retest of 0.9204 low.

In the bigger picture, a medium term bottom is probably in place at 0.9204. More consolidations would be seen above there with risk of stronger rebound to 38.2% retracement of 0.9928 to 0.9204 at 0.9481. But outlook will remain bearish as long as 0.9481 holds and another fall through 0.9204 to resume larger down trend is in favor.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9289; (P) 0.9311; (R1) 0.9336; More….

Intraday bias in EUR/CHF is turned neutral first with a temporary low formed at 0.9284. But outlook is unchanged that corrective rebound from 0.9204 should have completed with three waves up to 0.9417 already. Another fall is in favor and below 0.9284 will target 0.9254 support first. Break there will bring retest of 0.9204 low.

In the bigger picture, a medium term bottom is probably in place at 0.9204. More consolidations would be seen above there with risk of stronger rebound to 38.2% retracement of 0.9928 to 0.9204 at 0.9481. But outlook will remain bearish as long as 0.9481 holds and another fall through 0.9204 to resume larger down trend is in favor.