EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.0771; (P) 1.0780; (R1) 1.0790; More….

EUR/CHF is staying in consolidation from 1.0737 and intraday bias remains neutral for the moment. 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 1.0790 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) 1.0762; (P) 1.0774; (R1) 1.0784; More….

Intraday bias in EUR/CHF remains neutral and more sideway trading could be seen. 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 1.0790 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 Weekly Outlook

EUR/CHF edged lower to 1.0737 but recovered and turned sideway since then. Initial bias remains neutral this week 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 1.0790 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) 1.0756; (P) 1.0772; (R1) 1.0786; More….

Intraday bias in EUR/CHF remains neutral as range trading continues. On the upside, break of 1.0787 support turned resistance will argue that corrective pull back from 1.0890 has completed. Intraday bias will be turned back to the upside for retesting 1.0890. On the downside, firm break of 1.0737 support will confirm the start of another falling leg inside the pattern from 1.0915. Deeper decline would be seen to 1.0658 support.

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) 1.0760; (P) 1.0777; (R1) 1.0786; More….

EUR/CHF is staying in range of 1.0737.0787 and intraday bias remains neutral. On the upside, break of 1.0787 support turned resistance will argue that corrective pull back from 1.0890 has completed. Intraday bias will be turned back to the upside for retesting 1.0890. On the downside, firm break of 1.0737 support will confirm the start of another falling leg inside the pattern from 1.0915. Deeper decline would be seen to 1.0658 support.

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) 1.0744; (P) 1.0758; (R1) 1.0776; More….

EUR/CHF recovers after hitting 1.0737. With 4 hour MACD crossed above signal line, intraday bias is turned neutral first. On the upside, break of 1.0787 support turned resistance will argue that corrective pull back from 1.0890 has completed. Intraday bias will be turned back to the upside for retesting 1.0890. On the downside, firm break of 1.0737 support will confirm the start of another falling leg inside the pattern from 1.0915. Deeper decline would be seen to 1.0658 support.

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) 1.0745; (P) 1.0771; (R1) 1.0791; More….

Intraday bias in EUR/CHF remains on the downside as fall from 1.0890 is in progress. Decisive break of 1.0737 support will confirm the start of another falling leg inside the pattern from 1.0915. Deeper decline would be seen to 1.0658 support. On the upside, above 1.0813 minor resistance 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.

EUR/CHF Weekly Outlook

EUR/CHF’s decline from 1.0890 resumed last week and reached as low as 1.0748 so far. Initial bias stays on the downside this week for 1.0737 support first. Decisive break there will confirm the start of another falling leg inside the pattern from 1.0915. Deeper decline would be seen to 1.0658 support. On the upside, above 1.0813 minor resistance 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.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.0776; (P) 1.0796; (R1) 1.0815; More….

Intraday bias in EUR/CHF remains on the downside at this point. Fall from 1.0890 would target 1.0737 support. Break there will extend the sideway pattern from 1.0915 with another falling leg, towards 1.0661 support. For now, deeper decline will remain in favor as long as 1.0866 resistance holds, in case of recovery.

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) 1.0775; (P) 1.0800; (R1) 1.0816; More….

Break of 1.0787 support suggests resumption of fall from 1.0890. Intraday bias is back on the downside for 1.0737 support. Break there will extend the sideway pattern from 1.0915 with another falling leg, towards 1.0661 support. For now, deeper decline will remain in favor as long as 1.0866 resistance holds, in case of recovery.

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) 1.0807; (P) 1.0819; (R1) 1.0832; More….

Intraday bias in EUR/CHF remains neutral as consolidation from 1.0890 continues. On the upside, break of 1.8920 resistance will target 1.0915. On the downside, below 1.0787 will target 1.0737 support first. Break there will extend the sideway pattern from 1.0915 with another falling leg, towards 1.0661 support.

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) 1.0808; (P) 1.0824; (R1) 1.0835; More….

Range trading continues in EUR/CHF and intraday bias remains neutral at this point. On the upside, break of 1.8920 resistance will target 1.0915. On the downside, below 1.0787 will target 1.0737 support first. Break there will extend the sideway pattern from 1.0915 with another falling leg, towards 1.0661 support.

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) 1.0804; (P) 1.0834; (R1) 1.0850; More….

Intraday bias in EUR/CHF remains neutral at this point and some more sideway consolidation could be seen. On the upside, break of 1.8920 resistance will target 1.0915. On the downside, below 1.0787 will target 1.0737 support first. Break there will extend the sideway pattern from 1.0915 with another falling leg, towards 1.0661 support.

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 recovered last week but stayed below 1.0890 resistance. Initial bias is neutral this week first and some more consolidative trading could be seen. On the upside, break of 1.8920 resistance will target 1.0915. On the downside, below 1.0787 will target 1.0737 support first. Break there will extend the sideway pattern from 1.0915 with another falling leg, towards 1.0661 support.

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) 1.0837; (P) 1.0853; (R1) 1.0880; More….

Intraday bias in EUR/CHF stays neutral first. On the upside, though, break of 1.8920 resistance will target 1.0915. On the downside, below 1.0787 will target 1.0737 support first. Break there will extend the sideway pattern from 1.0915 with another falling leg, towards 1.0661 support.

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) 1.0806; (P) 1.0822; (R1) 1.0846; More….

Intraday bias in EUR/CHF is turned neutral with current recovery. On the downside, below 1.0787 will target 1.0737 support first. Break there will extend the sideway pattern from 1.0915 with another falling leg, towards 1.0661 support. On the upside, though, break of 1.8920 resistance will target 1.0915 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) 1.0788; (P) 1.0804; (R1) 1.0817; More….

EUR/CHF is losing some downside momentum but further fall is expected with 1.0830 minor resistance intact. Deeper decline could be seen to 1.0735 support. Break there will extend the sideway pattern from 1.0915 with another falling leg, towards 1.0661 support. On the upside, though, break of 1.8920 resistance will target 1.0915 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) 1.0805; (R1) 1.0820; More….

Intraday bias in EUR/CHF is mildly on the downside at this point. Deeper fall could be seen to 1.0735 support. Break there will extend the sideway pattern from 1.0915 with another falling leg, towards 1.0661 support. On the upside, though, break of 1.8920 resistance will target 1.0915 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) 1.0773; (P) 1.0806; (R1) 1.0827; More….

The break of 1.0818 support dampened our bullish view. Intraday bias in EUR/CHF is turned back to the downside for 1.0735 support. Break there will extend the sideway pattern from 1.0915 with another falling leg. On the upside, though, break of 1.8920 resistance will target 1.0915 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) 1.0811; (P) 1.0843; (R1) 1.0864; More….

Intraday bias in EUR/CHF is turned neutral with current retreat. Another rise is in favor with 1.0818 minor support intact. Above 1.0892 will target 1.0915 resistance first. Break there will also confirm resumption of whole rise form 1.0503. Next target is 61.8% projection of 1.0503 to 1.0915 from 1.0735 at 1.0990. On the downside, however, break of 1.0818 will bring deeper fall towards 1.0735 support.

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.