Daily Pivots: (S1) 1.0702; (P) 1.0724; (R1) 1.0751; More….

EUR/CHF’s fall resumes after brief recovery and intraday bias is back on the upside. Current fall form 1.1149 should target 61.8% projection of 1.0985 to 1.0715 from 1.0839 at 1.0672 first. Break will target 100% projection at 1.0569 next. On the upside, above 1.0756 minor resistance will turn intraday bias neutral first. But outlook will remain bearish as long as 1.0839 resistance holds.

In the bigger picture, rebound from 1.0505 (2020 low) should have completed at 1.1149 already. The three-wave corrective structure argues that the downtrend from 1.2004 (2018 high) is not over yet. Medium term outlook will now stay bearish as long as 55 week EMA (now at 1.0865) holds. Break of 1.0505 low would be seen at a later stage.

Daily Pivots: (S1) 1.0706; (P) 1.0732; (R1) 1.0762; More….

Intraday bias in EUR/CHF is turned neutral first, as a temporary low was formed at 1.0698 with current recovery. But outlook will stay bearish as long as 1.0839 resistance holds. Below 1.0698 will resume larger decline from 1.1149. Next target is 61.8% projection of 1.0985 to 1.0715 from 1.0839 at 1.0672 first. Break will target 100% projection at 1.0569 next.

In the bigger picture, rebound from 1.0505 (2020 low) should have completed at 1.1149 already. The three-wave corrective structure argues that the downtrend from 1.2004 (2018 high) is not over yet. Medium term outlook will now stay bearish as long as 55 week EMA (now at 1.0865) holds. Break of 1.0505 low would be seen at a later stage.

Daily Pivots: (S1) 1.0692; (P) 1.0722; (R1) 1.0744; More….

EUR/CHF’s break of 1.0715 support suggests resumption of fall from 1.1149. Intraday bias is back on the downside for 61.8% projection of 1.0985 to 1.0715 from 1.0839 at 1.0672 first. Break will target 100% projection at 1.0569 next. On the upside, break of 1.0750 minor resistance will turn intraday bias neutral and bring consolidations. But outlook will stay bearish as long as 1.0839 resistance holds.

In the bigger picture, rebound from 1.0505 (2020 low) should have completed at 1.1149 already. The three-wave corrective structure argues that the downtrend from 1.2004 (2018 high) is not over yet. Medium term outlook will now stay bearish as long as 55 week EMA (now at 1.0865) holds. Break of 1.0505 low would be seen at a later stage.

Daily Pivots: (S1) 1.0714; (P) 1.0767; (R1) 1.0798; More….

Intraday bias in EUR/CHF remains on the downside for 1.0715 support first. Firm break there will resume whole decline from 1.1149, towards 1.0505 low. On the upside, above 1.0770 minor resistance will turn intraday bias neutral first. Further break of 1.0839 resistance will resume the rebound to 38.2% retracement of 1.1149 to 1.0715 at 1.0881.

In the bigger picture, rebound from 1.0505 (2020 low) should have completed at 1.1149 already. The three-wave corrective structure argues that the downtrend from 1.2004 (2018 high) is not over yet. Medium term outlook will now stay bearish as long as 55 week EMA (now at 1.0865) holds. Break of 1.0505 low would be seen at a later stage.

Daily Pivots: (S1) 1.0782; (P) 1.0811; (R1) 1.0827; More….

EUR/CHF’s sharp fall and break of 1.0788 minor support suggests that rebound from 1.0715 has completed earlier than expected at 1.0839. Failure below 55 day EMA retains near term bearishness too. Intraday bias is back on the downside for retesting 1.0715 first. Break will resume whole decline from 1.1149, towards 1.0505 low. On the upside, above 1.0839 will resume the rebound to 38.2% retracement of 1.1149 to 1.0715 at 1.0881.

In the bigger picture, rebound from 1.0505 (2020 low) should have completed at 1.1149 already. The three-wave corrective structure argues that the downtrend from 1.2004 (2018 high) is not over yet. Medium term outlook will now stay bearish as long as 55 week EMA (now at 1.0865) holds. Break of 1.0505 low would be seen at a later stage.

Daily Pivots: (S1) 1.0782; (P) 1.0811; (R1) 1.0827; More….

Intraday bias in EUR/CHF remains neutral at this point. With 1.0788 minor support intact, another rise is still mildly in favor. On the upside, above 1.0839 will resume the rebound from 1.0715 short term bottom to 38.2% retracement of 1.1149 to 1.0715 at 1.0881. We’d monitor the reaction to 1.0881 to assess the chance of bullish reversal. On the downside, break of 1.0788 minor support will turn bias back to the downside for retesting 1.0715 low instead.

In the bigger picture, rebound from 1.0505 (2020 low) should have completed at 1.1149 already. The three-wave corrective structure argues that the downtrend from 1.2004 (2018 high) is not over yet. Medium term outlook will now stay bearish as long as 55 week EMA (now at 1.0869) holds. Break of 1.0505 low would be seen at a later stage.

EUR/CHF rebounded strongly last week and hit as high as 1.0839, but retreated sharply since then. Initial bias remains neutral this week first. Another rise is mildly in favor as long as 1.0788 minor support holds. Above 1.0839 will resume the rebound from 1.0715 short term bottom to 38.2% retracement of 1.1149 to 1.0715 at 1.0881. We’d monitor the reaction to 1.0881 to assess the chance of bullish reversal. On the downside, break of 1.0788 minor support will turn bias back to the downside for retesting 1.0715 low instead.

In the bigger picture, rebound from 1.0505 (2020 low) should have completed at 1.1149 already. The three-wave corrective structure argues that the downtrend from 1.2004 (2018 high) is not over yet. Medium term outlook will now stay bearish as long as 55 week EMA (now at 1.0869) holds. Break of 1.0505 low would be seen at a later stage.

In the long term picture, rejection by 55 month EMA (now at 1.1058) retains long term bearishness. Break of 1.0505 low will resume down trend to 61.8% projection of 1.2004 to 1.0505 to 1.1149 at 1.0223.

Daily Pivots: (S1) 1.0821; (P) 1.0831; (R1) 1.0844; More….

EUR/CHF’s rebound from 1.0715 short term bottom is still in progress. Intraday bias remains on the upside for 38.2% retracement of 1.1149 to 1.0715 at 1.0881. We’d monitor the reaction to 1.0881 to assess the chance of bullish reversal. On the downside, break of 1.0788 minor support will turn bias back to the downside for retesting 1.0715 low instead.

In the bigger picture, rebound from 1.0505 (2020 low) should have completed at 1.1149 already. The three wave corrective structure argues that the downtrend from 1.2004 (2018 high) is not over yet. Medium term outlook will now stay bearish as long as 1.1149 resistance holds. Break of 1.0505 low would be seen at a later stage.

Daily Pivots: (S1) 1.0813; (P) 1.0820; (R1) 1.0829; More….

Intraday bias in EUR/CHF stays mildly on the upside first. Rebound from 1.0715 short term bottom is in progress for 38.2% retracement of 1.1149 to 1.0715 at 1.0881. We’d monitor the reaction to 1.0881 to assess the chance of bullish reversal. On the downside, break of 1.0788 minor support will turn bias back to the downside for retesting 1.0715 low instead.

In the bigger picture, rebound from 1.0505 (2020 low) should have completed at 1.1149 already. The three wave corrective structure argues that the downtrend from 1.2004 (2018 high) is not over yet. Medium term outlook will now stay bearish as long as 1.1149 resistance holds. Break of 1.0505 low would be seen at a later stage.

Daily Pivots: (S1) 1.0801; (P) 1.0810; (R1) 1.0825; More….

Intraday bias in EUR/CHF remains on the upside at this point. Rebound from 1.0715 is in progress for 38.2% retracement of 1.1149 to 1.0715 at 1.0881. We’d monitor the reaction to 1.0881 to assess the chance of bullish reversal. On the downside, break of 1.0788 minor support will turn bias back to the downside for retesting 1.0715 low instead.

In the bigger picture, rebound from 1.0505 (2020 low) should have completed at 1.1149 already. The three wave corrective structure argues that the downtrend from 1.2004 (2018 high) is not over yet. Medium term outlook will now stay bearish as long as 1.1149 resistance holds. Break of 1.0505 low would be seen at a later stage.

Daily Pivots: (S1) 1.0772; (P) 1.0788; (R1) 1.0821; More….

EUR/CHF’s break of 1.0802 resistance suggests short term bottoming at 1.0715, on bullish convergence condition in 4 hour MACD. Intraday bias is back on the upside for 38.2% retracement of 1.1149 to 1.0715 at 1.0881. On the downside, break of 1.0765 minor support will turn bias back to the downside for retesting 1.0715 low instead.

In the bigger picture, rebound from 1.0505 (2020 low) should have completed at 1.1149 already. The three wave corrective structure argues that the downtrend from 1.2004 (2018 high) is not over yet. Medium term outlook will now stay bearish as long as 1.1149 resistance holds. Break of 1.0505 low would be seen at a later stage.

Daily Pivots: (S1) 1.0772; (P) 1.0788; (R1) 1.0821; More….

Intraday bias in EUR/CHF remains neutral first with focus on 1.0802 support turned resistance. Rejection by this resistance will maintain near term bearishness. Break of 1.0715 will resume larger fall from 1.1149 to retest 1.0505 low. On the upside, though, break of 1.0802 will indicate short term bottoming and bring stronger rebound to 55 day EMA (now at 1.0856).

In the bigger picture, rebound from 1.0505 (2020 low) should have completed at 1.1149 already. The three wave corrective structure argues that the downtrend from 1.2004 (2018 high) is not over yet. Medium term outlook will now stay bearish as long as 1.1149 resistance holds. Break of 1.0505 low would be seen at a later stage.

Daily Pivots: (S1) 1.0734; (P) 1.0749; (R1) 1.0779; More….

Intraday bias in EUR/CHF remains neutral for the moment and some more consolidations could be seen above 1.0715 temporary low. Outlook will stay bearish as long as 1.0802 support turned resistance holds. On the downside, break of 1.0715 will resume larger fall from 1.1149 to retest 1.0505 low. On the upside, though, break of 1.0802 will indicate short term bottoming and bring stronger rebound first.

In the bigger picture, rebound from 1.0505 (2020 low) should have completed at 1.1149 already. The three wave corrective structure argues that the downtrend from 1.2004 (2018 high) is not over yet. Medium term outlook will now stay bearish as long as 1.1149 resistance holds. Break of 1.0505 low would be seen at a later stage.

EUR/CHF dropped further to 1.0715 last week but recovered. Initial bias is turned neutral for some consolidations first. But outlook will stay bearish as long as 1.0802 support turned resistance holds. On the downside, break of 1.0715 will resume larger fall from 1.1149 to retest 1.0505 low. On the upside, though, break of 1.0802 will indicate short term bottoming and bring stronger rebound first.

In the bigger picture, rebound from 1.0505 (2020 low) should have completed at 1.1149 already. The three wave corrective structure argues that the downtrend from 1.2004 (2018 high) is not over yet. Medium term outlook will now stay bearish as long as 1.1149 resistance holds. Break of 1.0505 low would be seen at a later stage.

In the long term picture, rejection by 55 month EMA (now at 1.1068) retains long term bearishness. Break of 1.0505 low will resume down trend to 61.8% projection of 1.2004 to 1.0505 to 1.1149 at 1.0223.

Daily Pivots: (S1) 1.0719; (P) 1.0730; (R1) 1.0739; More….

Near term outlook in EUR/CHF stays bearish with 1.0802 support turned resistance intact. Current fall from 1.1149 is on track to retest 1.0505 low. On the upside, 1.0802 support turned resistance is needed to indicate short term bottoming. Otherwise, outlook will stay bearish in case of recovery.

In the bigger picture, rebound from 1.0505 (2020 low) should have completed at 1.1149 already. The three wave corrective structure argues that the downtrend from 1.2004 (2018 high) is not over yet. Medium term outlook will now stay bearish as long as 1.1149 resistance holds. Break of 1.0505 low would be seen at a later stage.

Daily Pivots: (S1) 1.0722; (P) 1.0731; (R1) 1.0740; More….

EUR/CHF is losing some downside momentum as seen in 4 hour MACD, but there is no sign of bottoming yet. Intraday bias stays on the downside. Current decline from 1.1149 would target a retest on 1.0505 low. On the upside, 1.0802 support turned resistance is needed to indicate short term bottoming. Otherwise, outlook will stay bearish in case of recovery.

In the bigger picture, rebound from 1.0505 (2020 low) should have completed at 1.1149 already. The three wave corrective structure argues that the downtrend from 1.2004 (2018 high) is not over yet. Medium term outlook will now stay bearish as long as 1.1149 resistance holds. Break of 1.0505 low would be seen at a later stage.

Daily Pivots: (S1) 1.0715; (P) 1.0734; (R1) 1.0747; More….

Intraday bias in EUR/CHF remains on the downside at this point. Current fall from 1.1149 would target a retest on 1.0505 low. On the upside, 1.0802 support turned resistance is needed to indicate short term bottoming. Otherwise, outlook will stay bearish in case of recovery.

In the bigger picture, rebound from 1.0505 (2020 low) should have completed at 1.1149 already. The three wave corrective structure argues that the downtrend from 1.2004 (2018 high) is not over yet. Medium term outlook will now stay bearish as long as 1.1149 resistance holds. Break of 1.0505 low would be seen at a later stage.

Daily Pivots: (S1) 1.0735; (P) 1.0751; (R1) 1.0762; More….

Intraday bias in EUR/CHF remains on the downside with focus on 1.0737 cluster support (61.8% retracement of 1.0505 to 1.1149 at 1.0751). Sustained trading below there will extend the fall from 1.1149 to retest 1.0505 low. On the upside, break of 1.0802 support turned resistance is needed to indicate short term bottoming. Otherwise, outlook will stay bearish in case of recovery.

In the bigger picture, rebound from 1.0505 (2020 low) should have completed at 1.1149 already. The three wave corrective structure argues that the downtrend from 1.2004 (2018 high) is not over yet. Medium term outlook will now stay bearish as long as 1.1149 resistance holds. Break of 1.0505 low would be seen at a later stage.

Daily Pivots: (S1) 1.0732; (P) 1.0757; (R1) 1.0771; More….

Intraday bias in EUR/CHF remains on the downside at this point. Sustained trading below 1.0737 cluster support (61.8% retracement of 1.0505 to 1.1149 at 1.0751) will extend the fall from 1.1149 to retest 1.0505 low. On the upside, break of 1.0802 support turned resistance is needed to indicate short term bottoming. Otherwise, outlook will stay bearish in case of recovery.

In the bigger picture, rebound from 1.0505 (2020 low) should have completed at 1.1149 already. The three wave corrective structure argues that the downtrend from 1.2004 (2018 high) is not over yet. Medium term outlook will now stay bearish as long as 1.1149 resistance holds. Break of 1.0505 low would be seen at a later stage.

EUR/CHF’s down trend from 1.1149 resumed last week and reached as low as 1.0740. Initial bias remains on the downside this week. Sustained trading below 1.0737/0751 support zone will pave the way to retest 1.0505 low. On the upside, break of 1.0802 support turned resistance is needed to indicate short term bottoming. Otherwise, outlook will stay bearish in case of recovery.

In the bigger picture, rebound from 1.0505 (2020 low) should have completed at 1.1149 already. The three wave corrective structure argues that the downtrend from 1.2004 (2018 high) is not over yet. Medium term outlook will now stay bearish as long as 1.1149 resistance holds. Break of 1.0505 low would be seen at a later stage.

In the long term picture, rejection by 55 month EMA (now at 1.1068) retains long term bearishness. Break of 1.0505 low will resume down trend to 61.8% projection of 1.2004 to 1.0505 to 1.1149 at 1.0223.