Daily Pivots: (S1) 1.0785; (P) 1.0831; (R1) 1.0880; More…

Intraday bias in EUR/CHF remains on the upside at this point. Rise from 1.0602 has just resumed and should now target 1.0915 resistance first. Firm break there will resume the rally from 1.0503 to 1.1059 cluster resistance. On the downside, break of 1.0721 support is needed to confirm completion of the rally. Otherwise, outlook will stay cautiously bullish in case of retreat.

In the bigger picture, we’re seeing price actions from 1.0503 as forming a consolidation pattern for the moment. As long as 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) holds, down 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) 1.0761; (P) 1.0775; (R1) 1.0804; More…

EUR/CHF’s rise from 1.0602 resumes through 1.0849 resistance and hits as high as 1.0876 so far. Intraday bias is back on the upside for 1.0915 resistance first. Firm break there will resume the rally from 1.0503 to 1.1059 cluster resistance. On the downside, break of 1.0721 support is needed to confirm completion of the rally. Otherwise, outlook will stay cautiously bullish in case of retreat.

In the bigger picture, we’re seeing price actions from 1.0503 as forming a consolidation pattern for the moment. As long as 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) holds, down 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) 1.0761; (P) 1.0775; (R1) 1.0804; More…

Intraday bias in EUR/CHF remains neutral and outlook is unchanged. As long as 1.0712 support holds, we’d still expect rise from 1.0602 to resume sooner or later. On the upside, break of 1.0849 will target 1.0915 resistance. However, firm break of 1.0712 will indicate completion of the rebound from 1.0602. Intraday bias will be turned back to the downside to retest this low.

In the bigger picture, we’re seeing price actions from 1.0503 as forming a consolidation pattern for the moment. As long as 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) holds, down 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) 1.0746; (P) 1.0757; (R1) 1.0774; More…

Intraday bias in EUR/CHF remains neutral at this point and some more sideway trading could be seen. As long as 1.0712 support holds, we’d still expect rise from 1.0602 to resume sooner or later. On the upside, break of 1.0849 will target 1.0915 resistance. However, firm break of 1.0712 will indicate completion of the rebound from 1.0602. Intraday bias will be turned back to the downside to retest this low.

In the bigger picture, we’re seeing price actions from 1.0503 as forming a consolidation pattern for the moment. As long as 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) holds, down 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 edged lower to 1.0721 last but quick recovery retained near term bullishness. Initial bias remains neutral this week first. As long as 1.0712 support holds, we’d still expect rise from 1.0602 to resume sooner or later. On the upside, break of 1.0849 will target 1.0915 resistance. However, firm break of 1.0712 will indicate completion of the rebound from 1.0602. Intraday bias will be turned back to the downside to retest this low.

In the bigger picture, we’re seeing price actions from 1.0503 as forming a consolidation pattern for the moment. As long as 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) holds, down 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) 1.0726; (P) 1.0743; (R1) 1.0765; More…

EUR/CHF is still gyrating lower but downside momentum is very week as seen in 4 hour MACD. Intraday bias remains neutral first. On the downside, firm break of 1.0712 support will suggest completion of rebound from 1.0602. Intraday bias will be turned back to the downside for retesting this week. On the upside, though, break of 1.0849 will resume the rise towards 1.0915 resistance.

In the bigger picture, as long as 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) holds, price actions from 1.0503 are seen as a consolidation pattern. That is, 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) 1.0733; (P) 1.0746; (R1) 1.0760; More…

Focus stays on 1.0739 support in EUR/CHF. Firm break of 1.0739 will suggest completion of rebound from 1.0602. Intraday bias will be turned back to the downside for retesting this week. On the upside, though, break of 1.0849 will resume the rise towards 1.0915 resistance.

In the bigger picture, as long as 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) holds, price actions from 1.0503 are seen as a consolidation pattern. That is, 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) 1.0727; (P) 1.0747; (R1) 1.0763; More…

EUR/CHF breached 1.0739 support but quickly recovered. Intraday bias remains neutral first. On the downside, firm break of 1.0739 will suggest completion of rebound from 1.0602. Intraday bias will be turned back to the downside for retesting this week. On the upside, though, break of 1.0849 will resume the rise towards 1.0915 resistance.

In the bigger picture, as long as 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) holds, price actions from 1.0503 are seen as a consolidation pattern. That is, 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) 1.0737; (P) 1.0756; (R1) 1.0767; More…

Intraday bias in EUR/CHF remains neutral and focus stays on 1.0739 support. Break there will suggest completion of rebound from 1.0602. Intraday bias will be turned back to the downside for retesting this week. On the upside, though, break of 1.0849 will resume the rise towards 1.0915 resistance.

In the bigger picture, as long as 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) holds, price actions from 1.0503 are seen as a consolidation pattern. That is, 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) 1.0737; (P) 1.0790; (R1) 1.0817; More…

Intraday bias in EUR/CHF remains neutral for the moment, with focus on 1.0739 support. Break there will suggest completion of rebound from 1.0602. Intraday bias will be turned back to the downside for retesting this week. On the upside, though, break of 1.0849 will resume the rise towards 1.0915 resistance.

In the bigger picture, as long as 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) holds, price actions from 1.0503 are seen as a consolidation pattern. That is, 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 jumped to 1.0849 last week but reversed from there. Initial bias is neutral this week with focus on 1.0739 support. Break there will suggest completion of rebound from 1.0602. Intraday bias will be turned back to the downside for retesting this week. On the upside, though, break of 1.0849 will resume the rise towards 1.0915 resistance.

In the bigger picture, as long as 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) holds, price actions from 1.0503 are seen as a consolidation pattern. That is, 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) 1.0737; (P) 1.0790; (R1) 1.0817; More…

Intraday bias in EUR/CHF is turned neutral as it retreated sharply after hitting 1.0849. Further rise is still in favor as long as 1.0739 support holds. Break of 1.0849 will target 1.0915 resistance. However, break of 1.0739 will suggest that rebound from 1.0602 has completed and turn bias back to the downside for this support.

In the bigger picture, as long as 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) holds, price actions from 1.0503 are seen as a consolidation pattern. That is, 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) 1.0787; (P) 1.0818; (R1) 1.0865; More…

EUR/CHF’s breach of 1.0838 resistance suggests that rise from 1.0602 is resuming. Further rise is now in favor as long as 1.0739 support holds, towards 1.0915 resistance. However, break of 1.0739 will suggest that rebound from 1.0602 has completed and turn bias back to the downside for this support.

In the bigger picture, as long as 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) holds, price actions from 1.0503 are seen as a consolidation pattern. That is, 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) 1.0759; (P) 1.0774; (R1) 1.0795; More…

Range trading continues in EUR/CHF and intraday bias remains neural. Further rise is in favor with 1.0712 support intact. On the upside, break of 1.0838 will target 1.0915 resistance next. However, break of 1.0712 will suggest that rebound from 1.0602 has completed and turn bias back to the downside for this support.

In the bigger picture, as long as 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) holds, price actions from 1.0503 are seen as a consolidation pattern. That is, 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) 1.0744; (P) 1.0764; (R1) 1.0783; More…

Intraday bias in EUR/CHF remains neutral for sideway trading. Further rise is in favor with 1.0712 support intact. On the upside, break of 1.0838 will target 1.0915 resistance next. However, break of 1.0712 will suggest that rebound from 1.0602 has completed and turn bias back to the downside for this support.

In the bigger picture, as long as 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) holds, price actions from 1.0503 are seen as a consolidation pattern. That is, 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) 1.0747; (P) 1.0760; (R1) 1.0778; More…

No change in EUR/CHF’s outlook as range trading continues. Intraday bias remains neutral and further rise is in favor with 1.0712 support intact. On the upside, break of 1.0838 will target 1.0915 resistance next. However, break of 1.0712 will suggest that rebound from 1.0602 has completed and turn bias back to the downside for this support.

In the bigger picture, as long as 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) holds, price actions from 1.0503 are seen as a consolidation pattern. That is, 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 was still bounded in sideway consolidation below 1.0838 last week, without sign of breakout yet. Initial bias remains neutral this week and further rise is in favor with 1.0712 support intact. On the upside, break of 1.0838 will target 1.0915 resistance next. However, break of 1.0712 will suggest that rebound from 1.0602 has completed and turn bias back to the downside for this support.

In the bigger picture, as long as 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) holds, price actions from 1.0503 are seen as a consolidation pattern. That is, 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) 1.0730; (P) 1.0761; (R1) 1.0777; More…

Range trading continues in EUR/CHF and intraday bias remains neutral first. . On the upside, above 1.0838 will target 1.0915 resistance first. Break there will resume whole rally from 1.0503. On the downside, break of 1.0712 support will dampen our bullish view. Intraday bias will be turned back to the downside for 1.0602, to extend the corrective pattern from 1.0915 instead.

In the bigger picture, as long as 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) holds, price actions from 1.0503 are seen as a consolidation pattern. That is, 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) 1.0730; (P) 1.0759; (R1) 1.0778; More…

EUR/CHF is staying in consolidation from 1.0838 with no clear sign of breakout yet. Intraday bias remains neutral and with 1.0712 support intact, further rise is expected. On the upside, above 1.0838 will target 1.0915 resistance first. Break there will resume whole rally from 1.0503. On the downside, break of 1.0712 support will dampen our bullish view. Intraday bias will be turned back to the downside for 1.0602, to extend the corrective pattern from 1.0915 instead.

In the bigger picture, as long as 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) holds, price actions from 1.0503 are seen as a consolidation pattern. That is, 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) 1.0737; (P) 1.0764; (R1) 1.0793; More…

Intraday bias in EUR/CHF remains neutral as sideway consolidation continues. With 1.0712 support intact, further rise is expected. On the upside, above 1.0838 will target 1.0915 resistance first. Break there will resume whole rally from 1.0503 to 1.0503. On the downside, break of 1.0712 support will dampen our bullish view. Intraday bias will be turned back to the downside for 1.0602, to extend the corrective pattern from 1.0915 instead.

In the bigger picture, as long as 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) holds, price actions from 1.0503 are seen as a consolidation pattern. That is, 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.