EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9524; (P) 0.9540; (R1) 0.9559; More

Intraday bias in EUR/CHF stays mildly on the downside despite loss of momentum. Sustained break of 100% projection of 0.9995 to 0.9670 from 0.9840 at 0.9515 will extend the fall from 1.0095 towards 0.9407 low. On the upside, above 0.9560 minor resistance will turn intraday bias neutral and bring consolidations. But outlook will stay bearish as long as 0.9670 support turned resistance holds.

In the bigger picture, medium term outlook is staying bearish as the pair is capped well below falling 55 W EMA (now at 0.9876). Down trend from 1.2004 (2018 high) is in favor to continue. Sustained break of 0.9407 will target 61.8% projection of 1.1149 to 0.9407 from 1.0095 at 0.9018. For now, this will remain the favored case as long as 0.9840 resistance holds, in case of strong rebound.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9532; (P) 0.9547; (R1) 0.9559; More

EUR/CHF’s decline continues today and intraday bias stays on the downside for 100% projection of 0.9995 to 0.9670 from 0.9840 at 0.9515. Firm break there will pave the way to 0.9407 low. On the upside, above 0.9560 minor resistance will turn intraday bias neutral first. But outlook will stay bearish as long as 0.9670 support turned resistance holds.

In the bigger picture, medium term outlook is staying bearish as the pair is capped well below falling 55 W EMA (now at 0.9876). Down trend from 1.2004 (2018 high) is in favor to continue. Sustained break of 0.9407 will target 61.8% projection of 1.1149 to 0.9407 from 1.0095 at 0.9018. For now, this will remain the favored case as long as 0.9840 resistance holds, in case of strong rebound.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9521; (P) 0.9576; (R1) 0.9605; More

Intraday bias in EUR/CHF stays on the downside at this point. Current fall is part of larger decline from 1.0095. Next target is 100% projection of 0.9995 to 0.9670 from 0.9840 at 0.9515. On the upside, above 0.9586 minor resistance will turn intraday bias neutral and bring consolidations first.

In the bigger picture, medium term outlook is staying bearish as the pair is capped well below falling 55 W EMA (now at 0.9889). Down trend from 1.2004 (2018 high) is in favor to extend through 0.9407 at a later stage. Nevertheless, decisive break of 38.2% retracement of 1.1149 to 0.9407 will raise the chance of bullish trend reversal.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9591; (P) 0.9619; (R1) 0.9650; More

Intraday bias in EUR/CHF is back on the downside with break of 0.9601 support. Larger decline from 1.0095 is in progress for 100% projection of 0.9995 to 0.9670 from 0.9840 at 0.9515. On the upside, however, break of 0.9684 will indicate short term bottoming, and bring stronger rebound.

In the bigger picture, medium term outlook is staying bearish as the pair is capped well below falling 55 W EMA (now at 0.9889). Down trend from 1.2004 (2018 high) is in favor to extend through 0.9407 at a later stage. Nevertheless, decisive break of 38.2% retracement of 1.1149 to 0.9407 will raise the chance of bullish trend reversal.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9615; (P) 0.9637; (R1) 0.9655; More

Intraday bias in EUR/CHF stays neutral and outlook remains bearish. On the downside, break of 0.9601 will resume larger decline from 1.0095, and target 100% projection of 0.9995 to 0.9670 from 0.9840 at 0.9515. On the upside, however, break of 0.9684 will indicate short term bottoming, and bring stronger rebound.

In the bigger picture, medium term outlook is staying bearish as the pair is capped well below falling 55 W EMA (now at 0.9889). Down trend from 1.2004 (2018 high) is in favor to extend through 0.9407 at a later stage. Nevertheless, decisive break of 38.2% retracement of 1.1149 to 0.9407 will raise the chance of bullish trend reversal.

EUR/CHF Weekly Outlook

EUR/CHF edged lower to 0.9601 last week but recovered since then. Initial bias remains neutral this week for consolidations. Outlook will stay bearish as long as 0.9684 resistance holds. On the downside, break of 0.9601 will resume larger decline from 1.0095, and target 100% projection of 0.9995 to 0.9670 from 0.9840 at 0.9515. On the upside, however, break of 0.9684 will indicate short term bottoming, and bring stronger rebound.

In the bigger picture, medium term outlook is staying bearish as the pair is capped well below falling 55 W EMA (now at 0.9889). Down trend from 1.2004 (2018 high) is in favor to extend through 0.9407 at a later stage. Nevertheless, decisive break of 38.2% retracement of 1.1149 to 0.9407 will raise the chance of bullish trend reversal.

In the long term picture, it’s still way too early too call for bullish trend reversal with upside capped well below 55 M EMA (now at 1.0459) and 1.0505 support turned resistance (2020 low). The multi-decade down trend could still continue.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9613; (P) 0.9636; (R1) 0.9669; More

Intraday bias in EUR/CHF is turned neutral with current recovery, but outlook stays bearish as long as 0.9684 resistance holds. On the downside, break of 0.9601 will resume the whole decline from 1.0095 to 100% projection of 0.9995 to 0.9670 from 0.9840 at 0.9515. On the upside, however, break of 0.9684 will indicate short term bottoming, and bring stronger rebound.

In the bigger picture, medium term outlook is staying bearish as the pair is capped below falling 55 W EMA (now at 0.9913). Down trend form 1.2004 (2018 high) is in favor to extend through 0.9407 at a later stage. Nevertheless, decisive break of 38.2% retracement of 1.1149 to 0.9407 will raise the chance of bullish trend reversal.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9605; (P) 0.9627; (R1) 0.9640; More

EUR/CHF’s is resuming recent decline by breaking through 0.9606. Intraday bias is back on the downside. The fall from 1.0095 would target 100% projection of 0.9995 to 0.9670 from 0.9840 at 0.9515. On the upside, break of 0.9684 resistance is needed to indicate short term bottoming. Otherwise, outlook will stay bearish in case of recovery.

In the bigger picture, medium term outlook is staying bearish as the pair is capped below falling 55 W EMA (now at 0.9913). Down trend form 1.2004 (2018 high) is in favor to extend through 0.9407 at a later stage. Nevertheless, decisive break of 38.2% retracement of 1.1149 to 0.9407 will raise the chance of bullish trend reversal.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9612; (P) 0.9643; (R1) 0.9659; More

Intraday bias in EUR/CHF remains neutral for the moment, and outlook stays bearish with 0.9721 support turned resistance intact. On the downside, break of 0.9606 will resume larger decline from 1.0095 to 100% projection of 0.9995 to 0.9670 from 0.9840 at 0.9515.

In the bigger picture, medium term outlook is staying bearish as the pair is capped below falling 55 W EMA (now at 0.9913). Down trend form 1.2004 (2018 high) is in favor to extend through 0.9407 at a later stage. Nevertheless, decisive break of 38.2% retracement of 1.1149 to 0.9407 will raise the chance of bullish trend reversal.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9644; (P) 0.9667; (R1) 0.9690; More

EUR/CHF is staying in consolidation above 0.9606 and intraday bias remains neutral. Also, outlook remains bearish with 0.9721 support turned resistance intact. On the downside, break of 0.9606 will resume larger decline from 1.0095 to 100% projection of 0.9995 to 0.9670 from 0.9840 at 0.9515.

In the bigger picture, medium term outlook is staying bearish as the pair is capped below falling 55 W EMA (now at 0.9913). Down trend form 1.2004 (2018 high) is in favor to extend through 0.9407 at a later stage. Nevertheless, decisive break of 38.2% retracement of 1.1149 to 0.9407 will raise the chance of bullish trend reversal.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9614; (P) 0.9636; (R1) 0.9663; More

Intraday bias in EUR/CHF stays neutral first and outlook remains bearish with 0.9721 support turned resistance intact. On the downside, break of 0.9606 will resume larger decline from 1.0095 to 100% projection of 0.9995 to 0.9670 from 0.9840 at 0.9515.

In the bigger picture, medium term outlook is staying bearish as the pair is capped below falling 55 W EMA (now at 0.9913). Down trend form 1.2004 (2018 high) is in favor to extend through 0.9407 at a later stage. Nevertheless, decisive break of 38.2% retracement of 1.1149 to 0.9407 will raise the chance of bullish trend reversal.

EUR/CHF Weekly Outlook

EUR/CHF broke through 0.9670 last week to resume the whole decline from 1.0095. But a temporary low was formed at 0.9606 with subsequent recovery. Initial bias is turned neutral this week first. Some consolidations could be seen, but outlook will stay bearish as long as 0.9721 support turned resistance holds. Below 0.9606 will target 100% projection of 0.9995 to 0.9670 from 0.9840 at 0.9515.

In the bigger picture, medium term outlook is staying bearish as the pair is capped below falling 55 W EMA (now at 0.9913). Down trend form 1.2004 (2018 high) is in favor to extend through 0.9407 at a later stage. Nevertheless, decisive break of 38.2% retracement of 1.1149 to 0.9407 will raise the chance of bullish trend reversal.

In the long term picture, it’s still way too early too call for bullish trend reversal with upside capped well below 55 M EMA (now at 1.0459) and 1.0505 support turned resistance (2020 low). The multi-decade down trend could still continue.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9614; (P) 0.9636; (R1) 0.9663; More

In the bigger picture, medium term outlook is staying bearish as the pair is capped below falling 55 W EMA (now at 0.9913). Down trend form 1.2004 (2018 high) is in favor to extend through 0.9407 at a later stage. Nevertheless, decisive break of 38.2% retracement of 1.1149 to 0.9407 will raise the chance of bullish trend reversal.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9626; (P) 0.9661; (R1) 0.9692; More

EUR/CHF’s decline from 1.0095 resumed by breaking through 0.9670 decisively. And intraday bias is now on the downside. Current fall would target 100% projection of 0.9995 to 0.9670 from 0.9840 at 0.9515. On the upside, break of 0.9721 support turned resistance is needed to indicate short term bottoming. Otherwise, outlook will stay bearish in case of recovery.

In the bigger picture, medium term outlook is staying bearish as the pair is capped below falling 55 W EMA (now at 0.9913). Down trend form 1.2004 (2018 high) is in favor to extend through 0.9407 at a later stage. Nevertheless, decisive break of 38.2% retracement of 1.1149 to 0.9407 will raise the chance of bullish trend reversal.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9651; (P) 0.9708; (R1) 0.9740; More

Intraday bias in EUR/CHF stays neutral this point. Firm break of 0.9670 support will resume the whole decline from 1.0095. Deep fall would be seen towards 0.9407 low. Nevertheless, on the upside, break of 0.9840 will argue that choppy decline from 1.0095 has completed, and bring stronger rally.

In the bigger picture, medium term outlook is staying bearish as the pair is capped below falling 55 W EMA (now at 0.9913). Down trend form 1.2004 (2018 high) is in favor to extend through 0.9407 at a later stage. Nevertheless, decisive break of 38.2% retracement of 1.1149 to 0.9407 will raise the chance of bullish trend reversal.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9731; (P) 0.9747; (R1) 0.9755; More

No change in EUR/CHF’s outlook and intraday bias stays neutral. On the upside break of 0.9840 will resume the rebound from 0.9670. That will also revive the case that whole corrective decline from 1.0095 has completed at 0.9670. Further rally should be seen to 0.9878 resistance next. However, sustained trading below 0.9670 will resume the whole fall from 1.0095.

In the bigger picture, medium term outlook is staying bearish as the pair is capped below falling 55 W EMA (now at 0.9913). Down trend form 1.2004 (2018 high) is in favor to extend through 0.9407 at a later stage. Nevertheless, decisive break of 38.2% retracement of 1.1149 to 0.9407 will raise the chance of bullish trend reversal.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9740; (P) 0.9750; (R1) 0.9763; More

Intraday bias in EUR/CHF remains neutral as range trading continues. On the upside break of 0.9840 will resume the rebound from 0.9670. That will also revive the case that whole corrective decline from 1.0095 has completed at 0.9670. Further rally should be seen to 0.9878 resistance next. However, sustained trading below 0.9670 will resume the whole fall from 1.0095.

In the bigger picture, medium term outlook is staying bearish as the pair is capped below falling 55 W EMA (now at 0.9913). Down trend form 1.2004 (2018 high) is in favor to extend through 0.9407 at a later stage. Nevertheless, decisive break of 38.2% retracement of 1.1149 to 0.9407 will raise the chance of bullish trend reversal.

EUR/CHF Weekly Outlook

EUR/CHF continued to gyrate in established range last and outlook is unchanged. Initial bias stays neutral this week first. On the upside break of 0.9840 will resume the rebound from 0.9670. That will also revive the case that whole corrective decline from 1.0095 has completed at 0.9670. Further rally should be seen to 0.9878 resistance next. However, sustained trading below 0.9670 will resume the whole fall from 1.0095.

In the bigger picture, medium term outlook is staying bearish as the pair is capped below falling 55 W EMA (now at 0.9913). Down trend form 1.2004 (2018 high) is in favor to extend through 0.9407 at a later stage. Nevertheless, decisive break of 38.2% retracement of 1.1149 to 0.9407 will raise the chance of bullish trend reversal.

In the long term picture, it’s still way too early too call for bullish trend reversal with upside capped well below 55 M EMA (now at 1.0459) and 1.0505 support turned resistance (2020 low). The multi-decade down trend could still continue.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9738; (P) 0.9752; (R1) 0.9766; More

Intraday bias in EUR/CHF stays neutral as recent sideway trading is extending. On the upside break of 0.9840 will resume the choppy rebound from 0.9670. That will also revive the case that whole corrective decline from 1.0095 has completed at 0.9670. Further rally should be seen to 0.9878 resistance next. However, sustained trading below 0.9670 will resume the whole fall from 1.0095.

In the bigger picture, medium term outlook is staying bearish as the pair is capped below falling 55 W EMA (now at 0.9913). Down trend form 1.2004 (2018 high) is in favor to extend through 0.9407 at a later stage. Nevertheless, decisive break of 38.2% retracement of 1.1149 to 0.9407 will raise the chance of bullish trend reversal.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9743; (P) 0.9766; (R1) 0.9780; More

Intraday bias in EUR/CHF remains neutral as sideway trading continues. On the upside break of 0.9840 will resume the choppy rebound from 0.9670. That will also revive the case that whole corrective decline from 1.0095 has completed at 0.9670. Further rally should be seen to 0.9878 resistance next. However, sustained trading below 0.9670 will resume the whole fall from 1.0095.

In the bigger picture, medium term outlook is staying bearish as the pair is capped below falling 55 W EMA (now at 0.9913). Down trend form 1.2004 (2018 high) is in favor to extend through 0.9407 at a later stage. Nevertheless, decisive break of 38.2% retracement of 1.1149 to 0.9407 will raise the chance of bullish trend reversal.