EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.0803; (P) 1.0814; (R1) 1.0834; More….

Intraday bias in EUR/CHF remains neutral first, as range trading continues. 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.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.0793; (P) 1.0800; (R1) 1.0813; More….

Range trading continues in EUR/CHF and intraday bias remains neutral at this point. 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.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.0787; (P) 1.0804; (R1) 1.0813; More….

Intraday bias in EUR/CHF stays neutral for now. 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.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.0795; (P) 1.0803; (R1) 1.0818; More….

Intraday bias in EUR/CHF remains neutral for the moment. 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.

EUR/CHF Weekly Outlook

EUR/CHF’s rebound stalled at 1.0844 last week and reversed from there. But subsequent decline was contained at 1.0784 and recovered. Initial bias is neutral this week 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.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.0787; (P) 1.0797; (R1) 1.0808; More….

Intraday bias in EUR/CHF is mildly on the downside at this point. Rebound from 1.0737 could have completed at 1.0844 already. Deeper fall would be seen to retest 1.0737 first. Break there will target 1.0658, as another falling leg inside the sideway pattern from 1.0915.

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 Daily Outlook

Daily Pivots: (S1) 1.0777; (P) 1.0798; (R1) 1.0810; More….

EUR/CHF’s break of 1.0794 support suggests that rebound form 1.0737 has completed at 1.0844. Intraday bias is back on the downside for 1.0737 first. Break there will target 1.0658, as another falling leg inside the sideway pattern from 1.0915.

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 Daily Outlook

Daily Pivots: (S1) 1.0801; (P) 1.0818; (R1) 1.0830; More….

Intraday bias in EUR/CHF is turned neutral as it lost momentum after hitting 1.0844. Another rise is still in favor with 1.0794 minor support intact. Above 1.0844 will target 1.0890/0915 resistance zone next. Decisive break there will resume whole rebound from 1.0503. On the downside, though, break of 1.0794 minor support will turn bias to the downside for 1.0737 support instead.

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 Daily Outlook

Daily Pivots: (S1) 1.0821; (P) 1.0834; (R1) 1.0844; More….

With 1.0794 minor support intact, rise from 1.0737 is still in progress for retesting 1.0890/0915 resistance zone next. Decisive break there will resume whole rebound from 1.0503. On the downside, though, break of 1.0794 minor support will turn bias to the downside for 1.0737 support instead.

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 Daily Outlook

Daily Pivots: (S1) 1.0816; (P) 1.0825; (R1) 1.0843; More….

Intraday bias in EUR/CHF remains mildly on the upside at this point. Rise form 1.0737 should target 1.0890/0915 resistance zone next. Decisive break there will resume whole rebound from 1.0503. On the downside, though, break of 1.0794 minor support will turn bias to the downside for 1.0737 support instead.

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 Weekly Outlook

EUR/CHF’s rebound form 1.0737 resumed last week after brief consolidations. Further rally is expected this week as long as 1.0794 minor support holds. Correction from 1.0890 should have completed already. EUR/CHF should target a test on 1.0890/0915 resistance zone next. Decisive break there will resume whole rebound from 1.0503.

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 Daily Outlook

Daily Pivots: (S1) 1.0812; (P) 1.0818; (R1) 1.0824; More….

Intraday bias in EUR/CHF stays neutral first and another rise is in favor with 1.0788 minor support intact. On the upside, break of 1.0831 will target 1.0890/0915 resistance zone. Decisive break there will resume whole rebound from 1.0503. On the downside, though, break of 1.0788 minor support will turn bias to the downside for 1.0737 support instead.

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 Daily Outlook

Daily Pivots: (S1) 1.0803; (P) 1.0812; (R1) 1.0827; More….

Intraday bias in EUR/CHF remains neutral at this point. Another rise is expected as long as 1.0788 minor support holds. Break of 1.0831 will target 1.0890/0915 resistance zone. Decisive break there will resume whole rebound from 1.0503. On the downside, though, break of 1.0788 minor support will turn bias to the downside for 1.0737 support instead.

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 Daily Outlook

Daily Pivots: (S1) 1.0794; (P) 1.0814; (R1) 1.0828; More….

Intraday bias in EUR/CHF is turned neutral with current retreat. Another rise is expected as long as 1.0788 minor support holds. Break of 1.0831 will target 1.0890/0915 resistance zone. Decisive break there will resume whole rebound from 1.0503. On the downside, though, break of 1.0788 minor support will turn bias to the downside for 1.0737 support instead.

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 Daily Outlook

Daily Pivots: (S1) 1.0803; (P) 1.0815; (R1) 1.0832; More….

EUR/CHF’s rebound from 1.0737 is still in progress and intraday bias remains on the upside. Further rise would be seen to retest 1.0890/0915 resistance zone. Decisive break there will resume whole rebound from 1.0503. On the downside, through, break of 1.0788 minor support will turn bias to the downside for 1.0737 support instead.

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 Daily Outlook

Daily Pivots: (S1) 1.0778; (P) 1.0795; (R1) 1.0830; More….

Intraday bias in EUR/CHF remains mildly on the upside at this point. Correction from 1.08990 could have completed at 1.0737. Rebound from there would target a test on 1.0890/0915 resistance zone. Decisive break there will resume whole rebound from 1.0503.

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 Weekly Outlook

EUR/CHF’s rebound from 1.0737 extended to as high as 1.0811 last week. The development suggests that correction from 1.0890 has completed at 1.0737. Initial bias is back on the upside this week for retesting 1.0890/0915 resistance zone. Decisive break there will resume whole rebound from 1.0503.

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 Daily Outlook

Daily Pivots: (S1) 1.0752; (P) 1.0771; (R1) 1.0789; More….

EUR/CHF is staying in range of 1.0737/0798 and intraday bias remains neutral first. On the downside, break of 1.0737 will target 1.0658 support, to extend the consolidation pattern from 1.0915. On the upside, break of 1.0798 minor resistance will argue that the fall from 1.0890 has completed. Intraday bias will be turned back to the upside for 1.0866 resistance.

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 Daily Outlook

Daily Pivots: (S1) 1.0747; (P) 1.0766; (R1) 1.0783; More….

Intraday bias in EUR/CHF stays neutral at this point. On the downside, break of 1.0890 will target 1.0658 support, to extend the consolidation pattern from 1.0915. On the upside, break of 1.0798 minor resistance will argue that the fall from 1.0890 has completed. Intraday bias will be turned back to the upside for 1.0866 resistance.

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 Daily Outlook

Daily Pivots: (S1) 1.0769; (P) 1.0784; (R1) 1.0798; More….

EUR/CHF edged higher to 1.0798 but failed to sustain above 4 hour 55 EMA so far. Intraday bias remains neutral first. On the downside, break of 1.0890 will target 1.0658 support, to extend the consolidation pattern from 1.0915. On the upside, break of 1.0798 minor resistance will argue that the fall from 1.0890 has completed. Intraday bias will be turned back to the upside for 1.0866 resistance.

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.