Daily Pivots: (S1) 1.1012; (P) 1.1065; (R1) 1.1097; More….

EUR/CHF’s correction from 1.1149 is extending lower today. Intraday bias remains neutral first. While deeper retreat cannot be ruled out, further rally is expected as long as 1.0954 support holds. On the upside, break of 1.1149 will pave the way to 161.8% projection of 1.0503 to 1.0915 from 1.0737 at 1.1404.

In the bigger picture, current development suggests that whole down trend from 1.2004 (2018 high) has completed at 1.0503. Rise from there is starting a medium term up trend. Next target is 61.8% retracement of 1.2004 to 1.0503 at 1.1431 and above. This will now remain the favored case as long as 1.0915 resistance turned support holds.

Daily Pivots: (S1) 1.1077; (P) 1.1089; (R1) 1.1109; More….

EUR/CHF is staying in consolidation from 1.1149 and intraday bias remains neutral first. Deeper retreat cannot be ruled out. But further rally is expected as long as 1.0954 support holds. On the upside, break of 1.1149 will pave the way to 161.8% projection of 1.0503 to 1.0915 from 1.0737 at 1.1404.

In the bigger picture, current development suggests that whole down trend from 1.2004 (2018 high) has completed at 1.0503. Rise from there is starting a medium term up trend. Next target is 61.8% retracement of 1.2004 to 1.0503 at 1.1431 and above. This will now remain the favored case as long as 1.0915 resistance turned support holds.

Daily Pivots: (S1) 1.1057; (P) 1.1092; (R1) 1.1129; More….

Intraday bias in EUR/CHF stays neutral for consolidation below 1.1149. Deeper retreat cannot be ruled out. But further rally is expected as long as 1.0954 support holds. On the upside, break of 1.1149 will pave the way to 161.8% projection of 1.0503 to 1.0915 from 1.0737 at 1.1404.

In the bigger picture, current development suggests that whole down trend from 1.2004 (2018 high) has completed at 1.0503. Rise from there is starting a medium term up trend. Next target is 61.8% retracement of 1.2004 to 1.0503 at 1.1431 and above. This will now remain the favored case as long as 1.0915 resistance turned support holds.

EUR/CHF’s rise from 1.0503 extended to as high as 1.1149 last week. But it couldn’t sustain above 100% projection of 1.0503 to 1.0915 from 1.0737 at 1.1149 and retreated. Initial bias is turned neutral this week for consolidations first. But further rally is expected as long as 1.0954 support holds. On the upside, break of 1.1149 will pave the way to 161.8% projection at 1.1404.

In the bigger picture, current development suggests that whole down trend from 1.2004 (2018 high) has completed at 1.0503. Rise from there is starting a medium term up trend. Next target is 61.8% retracement of 1.2004 to 1.0503 at 1.1431 and above. This will now remain the favored case as long as 1.0915 resistance turned support holds.

Daily Pivots: (S1) 1.1082; (P) 1.1117; (R1) 1.1158; More….

Intraday bias in EUR/CHF remains on the upside with focus on 100% projection of 1.0503 to 1.0915 from 1.0737 at 1.1149 will pave the way to 161.8% projection at 1.1404. On the downside, below 1.1073 minor support will turn intraday bias neutral first. But outlook will stay bullish as long as 1.0954 support holds, in case of retreat.

In the bigger picture, current development suggests that whole down trend from 1.2004 (2018 high) has completed at 1.0503. Rise from there is starting a medium term up trend. Next target is 61.8% retracement of 1.2004 to 1.0503 at 1.1431 and above. This will now remain the favored case as long as 1.0915 resistance turned support holds.

Daily Pivots: (S1) 1.1068; (P) 1.1084; (R1) 1.1113; More….

EUR/CHF’s break of 1.1096 confirms resumption of whole rebound form 1.0503. Intraday bias is back on the upside for 100% projection of 1.0503 to 1.0915 from 1.0737 at 1.1149. Decisive there will pave the way to 161.8% projection at 1.1404. On the downside, break of 1.0954 support is needed to indicate short term topping. Otherwise, outlook will remain cautiously bullish in case of retreat.

In the bigger picture, the firm break of 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) suggests that whole down trend from 1.2004 (2018 high) has completed at 1.0503. Rise from 1.0503 is now seen as a medium term up trend itself. Further rise should be seen to 61.8% retracement at 1.1431 and above. This will now remain the favored case as long as 1.0915 resistance turned support holds.

Daily Pivots: (S1) 1.1068; (P) 1.1084; (R1) 1.1113; More….

Intraday bias in EUR/CHF stays neutral first with focus on 1.1096 resistance. Decisive break there will extend the whole rebound from 1.0503 to 100% projection of 1.0503 to 1.0915 from 1.0737 at 1.1149. In any case, outlook will stay bullish as long as 1.0915 resistance turned support holds.

In the bigger picture, immediate focus is now on 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076). Sustained break there will argue that whole down trend from 1.2004 (2018 high) has completed at 1.0503. Rise from there is starting an up trend. Further rise should be seen to 61.8% retracement at 1.1431 and above. Though, rejection by 1.1059/76 will remain medium term bearishness first.

Daily Pivots: (S1) 1.1020; (P) 1.1039; (R1) 1.1073; More….

EUR/CHF is still bounded in consolidation from 1.1096. Intraday bias stays neutral for some more sideway trading. Further rally is expected as long as 1.0915 resistance turned support holds. On the upside, break of 1.1096 will target 100% projection of 1.0503 to 1.0915 from 1.0737 at 1.1149. However, firm break of 1.0915 will argue that the rebound might be completed, and bring deeper fall back to 1.0737 support.

In the bigger picture, immediate focus is now on 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076). Sustained break there will argue that whole down trend from 1.2004 (2018 high) has completed at 1.0503. Rise from there is starting an up trend. Further rise should be seen to 61.8% retracement at 1.1431 and above. Though, rejection by 1.1059/76 will remain medium term bearishness first.

Daily Pivots: (S1) 1.0980; (P) 1.1006; (R1) 1.1049; More….

EUR/CHF is staying in consolidation form 1.1096 and intraday bias remains neutral at this point. Further rally is expected as long as 1.0915 resistance turned support holds. On the upside, break of 1.1096 will target 100% projection of 1.0503 to 1.0915 from 1.0737 at 1.1149. However, firm break of 1.0915 will argue that the rebound might be completed, and bring deeper fall back to 1.0737 support.

In the bigger picture, immediate focus is now on 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076). Sustained break there will argue that whole down trend from 1.2004 (2018 high) has completed at 1.0503. Rise from there is starting an up trend. Further rise should be seen to 61.8% retracement at 1.1431 and above. Though, rejection by 1.1059/76 will remain medium term bearishness first.

Daily Pivots: (S1) 1.0943; (P) 1.0984; (R1) 1.1011; More….

Intraday bias in EUR/CHF remains neutral for consolidations at this point. Further rally is expected as long as 1.0915 resistance turned support holds. On the upside, break of 1.1096 will target 100% projection of 1.0503 to 1.0915 from 1.0737 at 1.1149. However, firm break of 1.0915 will argue that the rebound might be completed, and bring deeper fall back to 1.0737 support.

In the bigger picture, immediate focus is now on 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076). Sustained break there will argue that whole down trend from 1.2004 (2018 high) has completed at 1.0503. Rise from there is starting an up trend. Further rise should be seen to 61.8% retracement at 1.1431 and above. Though, rejection by 1.1059/76 will remain medium term bearishness first.

EUR/CHF surged to as high as 1.1096 last week as rebound from 1.0503 resumed. The cross then failed to sustain above 1.1059/76 resistance zone and retreated. Initial bias stays neutral this week for consolidations first. Further rally is expected as long as 1.0915 resistance turned support holds. On the upside, break of 1.1096 will target 100% projection of 1.0503 to 1.0915 from 1.0737 at 1.1149. However, firm break of 1.0915 will argue that the rebound might be completed, and bring deeper fall back to 1.0737 support.

In the bigger picture, immediate focus is now on 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076). Sustained break there will argue that whole down trend from 1.2004 (2018 high) has completed at 1.0503. Rise from there is starting an up trend. Further rise should be seen to 61.8% retracement at 1.1431 and above. Though, rejection by 1.1059/76 will remain medium term bearishness first.

Daily Pivots: (S1) 1.0987; (P) 1.1043; (R1) 1.1071; More….

EUR/CHF surged to as high as 1.1096, but failed to sustain above 1.1059/76 long term cluster resistance. Intraday bias is turned neutral first. Some consolidations could be seen but further rally is in favor as long as 1.0915 resistance turned support holds. Sustained break of 1.1059/76 will carry larger bullish implication. Next target will be 100% projection of 1.0503 to 1.0915 from 1.0737 at 1.1149. However, firm break of 1.0915 will indicate rejection by the cluster resistance and turn outlook bearish again.

In the bigger picture, price actions from 1.0503 are still seen as a consolidation pattern. With 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) intact, the down trend from 1.2004 (2018 high) would still extend through 1.0503 low at a later stage. However, sustained break of 1.1059/76 will argue that rise from 1.0503 is starting a new up trend and would target 61.8% retracement at 1.1431 and above.

Daily Pivots: (S1) 1.0991; (P) 1.1024; (R1) 1.1066; More….

Intraday bias in EUR/CHF remains on the upside at point. Decisive break of 1.1059/76 long term cluster resistance next will carry larger bullish implication. Next target will be 100% projection of 1.0503 to 1.0915 from 1.0737 at 1.1149. On the downside, break of 1.0980 minor support will turn intraday bias neutral first.

In the bigger picture, price actions from 1.0503 are still seen as a consolidation pattern. With 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) intact, the down trend from 1.2004 (2018 high) would still extend through 1.0503 low at a later stage. However, sustained break of 1.1059/76 will argue that rise from 1.0503 is starting a new up trend and would target 61.8% retracement at 1.1431 and above.

Daily Pivots: (S1) 1.0929; (P) 1.0964; (R1) 1.1034; More….

EUR/CHF rises to as high as 1.1051 so far today, and broke 61.8% projection of 1.0503 to 1.0915 from 1.0737 at 1.0992 already. There is no sign of topping so far. Intraday bias stays on the upside for 1.1059/76 long term cluster resistance next. Decisive break there will carry larger bullish implications. On the downside, below 1.0947 minor support will turn intraday bias neutral and bring some consolidations first.

In the bigger picture, price actions from 1.0503 are still seen as a consolidation pattern. With 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) intact, the down trend from 1.2004 (2018 high) would still extend through 1.0503 low at a later stage. However, sustained break of 1.1059/76 will argue that rise from 1.0503 is starting a new up trend and would target 61.8% retracement at 1.1431 and above.

Daily Pivots: (S1) 1.0865; (P) 1.0891; (R1) 1.0921; More….

EUR/CHF’s rally continues today and hits as high as 1.0947 so far today. the break of 1.0915 resistance confirms resumption of larger rebound from 1.0503. Intraday bias stays on the upside for 61.8% projection of 1.0503 to 1.0915 from 1.0737 at 1.0992 next. On the downside, below 1.0874 minor support will turn intraday bias neutral and bring consolidations first.

In the bigger picture, price actions from 1.0503 are still seen as a consolidation pattern. With 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) intact, the down trend from 1.2004 (2018 high) would still extend through 1.0503 low at a later stage. However, sustained break of 1.1059/76 will argue that rise from 1.0503 is starting a new up trend and would target 61.8% retracement at 1.1431 and above.

Daily Pivots: (S1) 1.0865; (P) 1.0891; (R1) 1.0921; More….

Intraday bias in EUR/CHF remains on the upside at this point. Consolidation from 1.0915 should have completed at 1.0747 already. Firm break of 1.0915 will confirm and target 61.8% projection of 1.0503 to 1.0915 from 1.0737 at 1.0992. On the downside, below 1.0854 minor support will turn intraday bias neutral again for some more consolidations.

In the bigger picture, price actions from 1.0503 are still seen as a consolidation pattern. With 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) intact, the down trend from 1.2004 (2018 high) would still extend through 1.0503 low at a later stage. However, sustained break of 1.1059/76 will argue that rise from 1.0503 is starting a new up trend and would target 61.8% retracement at 1.1431 and above.

Daily Pivots: (S1) 1.0841; (P) 1.0856; (R1) 1.0879; More….

EUR/CHF’s strong break of 1.0890 resistance argues that consolidation from 0.915 has completed at 1.0737. Larger rebound from 1.0503 is possibly resuming. Intraday bias stays on the upside. Firm break of 1.0915 will confirm and target 61.8% projection of 1.0503 to 1.0915 from 1.0737 at 1.0992. On the downside, below 1.0854 minor support will turn intraday bias neutral again for some more consolidations.

In the bigger picture, price actions from 1.0503 are still seen as a consolidation pattern. With 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) intact, the down trend from 1.2004 (2018 high) would still extend through 1.0503 low at a later stage. However, sustained break of 1.1059/76 will argue that rise from 1.0503 is starting a new up trend and would target 61.8% retracement at 1.1431 and above.

Daily Pivots: (S1) 1.0841; (P) 1.0856; (R1) 1.0879; More….

Intraday bias in EUR/CHF remains on the upside for 1.0890/0915 resistance zone. Decisive break there will resume larger rebound from 1.0503. Next target is 61.8% projection of 1.0503 to 1.0915 from 1.0737 at 1.0992. On the downside, below 1.0854 minor support will turn intraday bias neutral again for some more consolidations.

In the bigger picture, price actions from 1.0503 are still seen as a consolidation pattern. With 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) intact, the down trend from 1.2004 (2018 high) would still extend through 1.0503 low at a later stage. However, sustained break of 1.1059/76 will argue that rise from 1.0503 is starting a new up trend and would target 61.8% retracement at 1.1431 and above.

EUR/CHF’s rebound from 1.0737 resumed last week and hit as high as 1.0869. Initial bias stays on the upside this week for 1.0890/0915 resistance zone. Decisive break there will resume larger rebound from 1.0602. On the downside, below 1.0845 minor support will turn intraday bias neutral again first.

In the bigger picture, price actions from 1.0503 are still seen as a consolidation pattern. With 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) intact, the down trend from 1.2004 (2018 high) would still extend through 1.0503 low at a later stage. However, sustained break of 1.1059/76 will argue that rise from 1.0503 is starting a new up trend and would target 61.8% retracement at 1.1431 and above.

Daily Pivots: (S1) 1.0822; (P) 1.0830; (R1) 1.0841; More….

EUR/CHF is still bounded in range of 1.0784/0844 and intraday bias remains neutral first. On the upside, above 1.0844 will extend the rebound from 1.0737 towards 1.0890 resistance. On the downside, break of 1.0784 will target 1.0737 support. Overall, sideway trading from 1.0915 is set to extend for a while.

In the bigger picture, price actions from 1.0503 are still seen as a consolidation pattern. With 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) intact, the down trend from 1.2004 (2018 high) would still extend through 1.0503 low at a later stage. However, sustained break of 1.1059/76 will argue that rise from 1.0503 is starting a new up trend and would target 61.8% retracement at 1.1431 and above.