Daily Pivots: (S1) 1.0714; (P) 1.0741; (R1) 1.0756; More…

Intraday bias in EUR/CHF remains neutral as consolidation from 1.0797 is still extending. Corrective pull back from 1.0915 should have completed at 1.0602 and further rise is expected as long as 1.0701 minor support holds. on the upside, 1.0797 will target 1.0915 resistance first. Break there will resume the whole rise from 1.0503 and target 100% projection of 1.0503 to 1.0915 from 1.0602 at 1.1014 next. On the downside, though, break of 1.0701 minor support will dampen the bullish case and turn bias back to the downside 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.

EUR/CHF rebounded strongly to as high as 1.0797 last week and retreated after forming a temporary top there. Corrective pull back from 1.0915 should have completed at 1.0602. Initial bias is neutral this week first, and further rise is expected as long as 1.0701 minor support holds. On the upside, above 1.0797 will target 1.0915 resistance next. Break there will resume the whole rise from 1.0503 and target 100% projection of 1.0503 to 1.0915 from 1.0602 at 1.1014 next. On the downside, though, break of 1.0701 minor support will dampen the bullish case and turn bias back to the downside 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) 1.0742; (P) 1.0769; (R1) 1.0791; More…

A temporary top is formed at 1.0797 in EUR/CHF and intraday bias is turned neutral first. Further rise is expected as long as 1.0701 minor support intact. Above 1.0797 will target 1.0915 resistance next. Break there will resume the whole rise from 1.0503 and target 100% projection of 1.0503 to 1.0915 from 1.0602 at 1.1014 next. On the downside, though, break of 1.0701 minor support will dampen the bullish case and turn bias back to the downside 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 1.1049/76 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) 1.0724; (P) 1.0756; (R1) 1.0810; More…

Intraday bias in EUR/CHF remains on the upside. Rebound from 1.0602 should target a test on 1.0915 resistance first. Break there will resume the whole rise from 1.0503 and target 100% projection of 1.0503 to 1.0915 from 1.0602 at 1.1014 next. On the downside, though, break of 1.0701 minor support will dampen the bullish case and turn bias back to the downside 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 1.1049/76 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) 1.0672; (P) 1.0694; (R1) 1.0738; More…

EUR/CHF’s strong break of 1.0698 resistance suggests that corrective pull back from has already completed at 1.0602. Intraday bias is back on the upside for retesting 1.0915 first. Break there will resume whole rebound from 1.0503 and target 100% projection of 1.0503 to 1.0915 from 1.0602 at 1.1014 next. On the downside, though, break of 1.0650 minor support will dampen the bullish case and turn bias back to the downside 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 1.1049/76 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) 1.0641; (P) 1.0672; (R1) 1.0712; More…

EUR/CHF breached 1.0698 resistance but couldn’t sustain above there yet. Intraday bias remains neutral first. On the downside, break of 1.0602 will resume the decline from 1.0915 to retest 1.0503 low. Nevertheless, firm break of 1.0698 resistance will indicate short term bottoming. Intraday bias will be turned back to the upside for stronger rebound.

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 1.1049/76 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) 1.0614; (P) 1.0627; (R1) 1.0647; More…

Intraday bias in EUR/CHF remains neutral for the moment. Further decline is expected as long as 1.0698 resistance holds. On the downside, break of 1.0602 will resume the fall from 1.0915 and target 1.0503 low. On the upside, however, firm break of 1.0698 resistance will indicate short term bottoming. Intraday bias will be turned back to the upside for stronger rebound.

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 1.1049/76 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 gyrated lower last week despite weak downside momentum. Outlook is unchanged and deeper fall is expected this week as long as 1.0698 resistance holds. Decline from 1.0915 should target 1.0503 low. On the upside, however, firm break of 1.0698 resistance will indicate short term bottoming. Intraday bias will be turned back to the upside for stronger rebound.

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 1.1049/76 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) 1.0598; (P) 1.0623; (R1) 1.0635; More…

EUR/CHF gyrated lower with weak downside momentum and outlook is unchanged. With 1.0698 resistance intact, further decline is still expected. Fall from 1.0915 should target a test on 1.0503 low. On the upside, however, firm break of .0698 resistance will indicate short term bottoming. Intraday bias will be turned back to the upside for stronger rebound.

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 1.1049/76 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) 1.0618; (P) 1.0629; (R1) 1.0644; More…

Downside momentum in EUR/CHF is rather unconvincing as seen in 4 hour MACD. But with 1.0698 resistance intact, further decline is still expected. Fall from 1.0915 should target a test on 1.0503 low. On the upside, however, firm break of .0698 resistance will indicate short term bottoming. Intraday bias will be turned back to the upside for stronger rebound.

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 1.1049/76 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) 1.0609; (P) 1.0638; (R1) 1.0653; More…

Further decline is still expected in EUR/CHF as long as 1.0698 resistance holds. Fall from 1.0915 should target a test on 1.0503 low. On the upside, however, firm break of .0698 resistance will indicate short term bottoming. Intraday bias will be turned back to the upside for stronger rebound.

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 1.1049/76 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) 1.0635; (P) 1.0646; (R1) 1.0665; More…

Intraday bias in EUR/CHF remains neutral first. Further decline is expected as long as 1.0698 resistance holds. Decline from 1.0915 would target a test on 1.0503 low. On the upside, however, firm break of .0698 resistance will indicate short term bottoming. Intraday bias will be turned back to the upside for stronger rebound.

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 1.1049/76 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) 1.0619; (P) 1.0629; (R1) 1.0637; More…

No change in EUR/CHF’s outlook. Further decline is expected as long as 1.0698 resistance holds. Decline from 1.0915 would target a test on 1.0503 low. On the upside, however, firm break of .0698 resistance will indicate short term bottoming. Intraday bias will be turned back to the upside for stronger rebound.

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 1.1049/76 will argue that rise from 1.0503 is starting a new up trend and would target 61.8% retracement at 1.1431 and above.

Downside momentum in EUR/CHF was relatively unconvincing. But decline from 1.0915 continued last week nonetheless. Further fall is expected this week as long as 1.0698 resistance holds, to retest 1.0503 low. firm break of 1.0698 resistance will indicate short term bottoming. Intraday bias will be turned back to the upside for stronger rebound.

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 1.1049/76 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) 1.0608; (P) 1.0635; (R1) 1.0652; More…

Further decline in EUR/CHF is still expected as long as 1.0698 resistance holds. Current fall from 1.0915 should target a test on 1.0503 low. Nevertheless, firm break of 1.0698 resistance will indicate short term bottoming. Intraday bias will be turned back to the upside for stronger rebound.

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 1.1049/76 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) 1.0616; (P) 1.0639; (R1) 1.0665; More…

Downside momentum in EUR/CHF remains unconvincing as ass in 4 hour MACD. But further decline is still expected as long as 1.0698 resistance holds. Fall from 1.0915 should target a retest on 1.0503 low. Nevertheless, firm break of 1.0698 resistance will indicate short term bottoming. Intraday bias will be turned back to the upside for stronger rebound.

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 1.1049/76 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) 1.0616; (P) 1.0657; (R1) 1.0684; More…

Intraday bias in EUR/CHF remains neutral at this point and further decline is in favor. On the downside, break of 1.0623 will resume the decline from 1.0915 to retest 1.0503 low. Nevertheless, firm break of 1.0711 will indicate short term bottoming. Intraday bias will be turned back to the upside for stronger rebound.

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 1.1049/76 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) 1.0650; (P) 1.0673; (R1) 1.0716; More…

EUR/CHF is holding below 1.0711 resistance and intraday bias remains neutral first. Further decline remains in favor. On the downside, break of 1.0623 will resume the decline from 1.0915 to retest 1.0503 low. Nevertheless, firm break of 1.0711 will indicate short term bottoming. Intraday bias will be turned back to the upside for stronger rebound.

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 1.1049/76 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) 1.0629; (P) 1.0637; (R1) 1.0646; More…

Intraday bias in EUR/CHF is turned neutral with today’s recovery. But further fall is expected as long as 1.0711 resistance holds. On the downside, break of 1.0623 will resume the decline from 1.0915 to retest 1.0503 low. Nevertheless, firm break of 1.0711 will indicate short term bottoming. Intraday bias will be turned back to the upside for stronger rebound.

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 1.1049/76 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 recovered in the middle of last week but the decline from 1.0915 quickly resumed. Initial bias stays on the downside this week. With 55 day EMA taken out again, deeper fall should be seen to retest 1.0503 low. On the upside, break of 1.0711 resistance is needed to indicate short term bottoming. Otherwise, outlook will remain cautiously bearish in case of recovery.

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 1.1049/76 will argue that rise from 1.0503 is starting a new up trend and would target 61.8% retracement at 1.1431 and above.