EUR/CHF continued to stay in sideway consolidation from 1.0665 last week and outlook is unchanged. Initial bias stays neutral this week first and further fall cannot be ruled out. But we’d continue to expect strong support from 1.0629, which is close to 61.8% projection of 1.1476 to 1.0811 from 1.1059 at 1.0648, to contain downside and bring rebound. On the upside, break of 1.0788 will confirm short term bottoming, on bullish convergence condition in 4 hour MACD, and turn bias to the upside.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. While initial support might be seen from 1.0629 on first attempt, outlook will stay bearish as long as 1.1059 resistance holds. Decisive break of 1.0629 will pave the way to parity next.

Daily Pivots: (S1) 1.0691; (P) 1.0708; (R1) 1.0719; More…

Intraday bias in EUR/CHF remains neutral first and consolidation from 1.0065 might extend. Outlook is unchanged that further fall could be seen. But strong support is expected at 1.0629, which is close to 61.8% projection of 1.1476 to 1.0811 from 1.1059 at 1.0648, to bring rebound. On the upside, break of 1.0788 will confirm short term bottoming, on bullish convergence condition in 4 hour MACD, and turn bias to the upside.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and sustained break will put parity back into focus. On the upside, break of 1.1059 resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

Daily Pivots: (S1) 1.0691; (P) 1.0709; (R1) 1.0728; More…

EUR/CHF is staying in consolidation from 1.0065 and intraday bias remains neutral. Outlook is unchanged that further fall could be seen. But strong support is expected at 1.0629, which is close to 61.8% projection of 1.1476 to 1.0811 from 1.1059 at 1.0648, to bring rebound. On the upside, break of 1.0788 will confirm short term bottoming, on bullish convergence condition in 4 hour MACD, and turn bias to the upside.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and sustained break will put parity back into focus. On the upside, break of 1.1059 resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

Daily Pivots: (S1) 1.0687; (P) 1.0702; (R1) 1.0722; More…

Intraday bias in EUR/CHF remains neutral as consolidation from 1.0065 is extending. As long as 1.0788 resistance holds, larger down trend might extend lower. But strong support is expected at 1.0629, which is close to 61.8% projection of 1.1476 to 1.0811 from 1.1059 at 1.0648, to bring rebound. On the upside, break of 1.0788 will confirm short term bottoming, on bullish convergence condition in 4 hour MACD, and turn bias to the upside.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and sustained break will put parity back into focus. On the upside, break of 1.1059 resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

Daily Pivots: (S1) 1.0669; (P) 1.0682; (R1) 1.0699; More…

EUR/CHF is staying in consolidation from 1.0665. Intraday bias remains neutral and outlook is unchanged. As long as 1.0788 resistance holds, larger down trend might extend lower. But strong support is expected at 1.0629, which is close to 61.8% projection of 1.1476 to 1.0811 from 1.1059 at 1.0648, to bring rebound. On the upside, break of 1.0788 will confirm short term bottoming, on bullish convergence condition in 4 hour MACD, and turn bias to the upside.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and sustained break will put parity back into focus. On the upside, break of 1.1059 resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

Daily Pivots: (S1) 1.0675; (P) 1.0691; (R1) 1.0705; More…

Intraday bias in EUR/CHF remains neutral first. As long as 1.0788 resistance holds, larger down trend might extend lower. But strong support is expected at 1.0629, which is close to 61.8% projection of 1.1476 to 1.0811 from 1.1059 at 1.0648, to bring rebound. On the upside, break of 1.0788 will confirm short term bottoming, on bullish convergence condition in 4 hour MACD, and turn bias to the upside.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and sustained break will put parity back into focus. On the upside, break of 1.1059 resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

EUR/CHF edged lower to 1.0665 last week but turned sideway since then. Initial bias remains neutral this week first. As long as 1.0788 resistance holds, larger down trend might extend lower. But strong support is expected at 1.0629, which is close to 61.8% projection of 1.1476 to 1.0811 from 1.1059 at 1.0648, to bring rebound. On the upside, break of 1.0788 will confirm short term bottoming, on bullish convergence condition in 4 hour MACD, and turn bias to the upside.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and sustained break will put parity back into focus. On the upside, break of 1.1059 resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

Daily Pivots: (S1) 1.0677; (P) 1.0700; (R1) 1.0719; More…

Intraday bias in EUR/CHF remains neutral as consolidation from 1.0665 temporary low is extending. Outlook is unchanged that larger down trend could extend lower. But we’d expect strong support from between 1.0665 and 61.8% projection of 1.1476 to 1.0811 from 1.1059 at 1.0648 to contain downside. Break of 1.0788 will indicate short term bottoming on bullish convergence condition in 4 hour MACD. Intraday bias will be turned to the upside for stronger rebound.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and sustained break will put parity back into focus. On the upside, break of 1.1059 resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

Daily Pivots: (S1) 1.0706; (P) 1.0722; (R1) 1.0734; More…

EUR/CHF is staying in consolidation from 1.0665 temporary low and intraday bias remains neutral first. Larger down trend could extend lower. But we’d expect strong support from between 1.0665 and 61.8% projection of 1.1476 to 1.0811 from 1.1059 at 1.0648 to contain downside. Break of 1.0788 will indicate short term bottoming on bullish convergence condition in 4 hour MACD. Intraday bias will be turned to the upside for stronger rebound.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and sustained break will put parity back into focus. On the upside, break of 1.1059 resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

Daily Pivots: (S1) 1.0685; (P) 1.0706; (R1) 1.0747; More…

A temporary is formed at 1.0665 in EUR/CHF and intraday bias is turned neutral first. Larger down trend could extend lower. But we’d expect strong support from between 1.0665 and 61.8% projection of 1.1476 to 1.0811 from 1.1059 at 1.0648 to contain downside. Break of 1.0788 will indicate short term bottoming on bullish convergence condition in 4 hour MACD. Intraday bias will be turned to the upside fro stronger rebound.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and sustained break will put parity back into focus. On the upside, break of 1.1059 resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

Daily Pivots: (S1) 1.0698; (P) 1.0711; (R1) 1.0720; More…

EUR/CHF’s fall is still in progress and intraday bias remains on the downside. Current down trend should target 61.8% projection of 1.1476 to 1.0811 from 1.1059 at 1.0648. As it’s close to 1.0629 long term support, we’d look for bottoming signal around there. However, break of 1.0788 resistance is needed to indicate short term bottoming. Otherwise, outlook will stay bearish in case of recovery.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and sustained break will put parity back into focus. On the upside, break of 1.1059 resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

Daily Pivots: (S1) 1.0698; (P) 1.0711; (R1) 1.0720; More…

Intraday bias in EUR/CHF remains on the downside at this point. Current down trend should target 61.8% projection of 1.1476 to 1.0811 from 1.1059 at 1.0648. As it’s close to 1.0629 long term support, we’d look for bottoming signal around there. However, break of 1.0788 resistance is needed to indicate short term bottoming. Otherwise, outlook will stay bearish in case of recovery.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and sustained break will put parity back into focus. On the upside, break of 1.1059 resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

EUR/CHF’s down trend extended last week and hit as low as 1.0700. Initial bias remains on the downside this week for 61.8% projection of 1.1476 to 1.0811 from 1.1059 at 1.0648. As it’s close to 1.0629 long term support, we’d look for bottoming signal around there. However, break of 1.0788 resistance is needed to indicate short term bottoming. Otherwise, outlook will stay bearish in case of recovery.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and sustained break will put parity back into focus. On the upside, break of 1.1059 resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

Daily Pivots: (S1) 1.0696; (P) 1.0722; (R1) 1.0741; More…

Intraday bias in EUR/CHF remains on the downside at this point. Current down trend is expected to target 61.8% projection of 1.1476 to 1.0811 from 1.1059 at 1.0648. On the upside, break of 1.0788 resistance is needed to indicate short term bottoming. Otherwise, outlook will remain bearish in case of recovery.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and possibly below. On the upside, break of 1.1059 resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

Daily Pivots: (S1) 1.0719; (P) 1.0753; (R1) 1.0774; More…

EUR/CHF’s down trend resumes by takin gout 1.0724 temporary low and hits as low as 1.0709 so far. Intraday bias is back on the downside. Next target is 61.8% projection of 1.1476 to 1.0811 from 1.1059 at 1.0648. On the upside, break of 1.0788 resistance is needed to indicate short term bottoming. Otherwise, outlook will remain bearish in case of recovery.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and possibly below. On the upside, break of 1.1059 resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

Daily Pivots: (S1) 1.0719; (P) 1.0753; (R1) 1.0774; More…

Intraday bias in EUR/CHF remains neutral for consolidation above 1.0724 temporary low. Near term outlook stays bearish as long as 1.0833 resistance holds. Break of 1.0724 will extend larger down trend to 61.8% projection of 1.1476 to 1.0811 from 1.1059 at 1.0648. However, break of 1.0833 will indicate short term bottoming and bring stronger rebound to 55 day EMA (now at 1.0867).

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and possibly below. On the upside, break of 1.1059 resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

Daily Pivots: (S1) 1.0728; (P) 1.0739; (R1) 1.0748; More…

A temporary low is in place at 1.0724 in EUR/CHF and intraday bias is turned neutral for consolidation. But near term outlook stays bearish as long as 1.0833 resistance holds. Break of 1.0724 will extend larger down trend to 61.8% projection of 1.1476 to 1.0811 from 1.1059 at 1.0648. However, break of 1.0833 will indicate short term bottoming and bring stronger rebound to 55 day EMA (now at 1.0873).

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and possibly below. On the upside, break of 1.1059 resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

Daily Pivots: (S1) 1.0734; (P) 1.0742; (R1) 1.0752; More…

Outlook in EUR/CHF remains unchanged. With 1.0833 resistance intact, current down trend is in progress. Next target is 61.8% projection of 1.1476 to 1.0811 from 1.1059 at 1.0648. On the upside, break of 1.0833 resistance is needed to indicate short term bottoming. Otherwise, outlook will remain bearish in case of recovery.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and possibly below. On the upside, break of 1.1059 resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

Daily Pivots: (S1) 1.0724; (P) 1.0740; (R1) 1.0749; More…

With 1.0833 resistance intact, current down trend is in progress. Next target is 61.8% projection of 1.1476 to 1.0811 from 1.1059 at 1.0648. On the upside, break of 1.0833 resistance is needed to indicate short term bottoming. otherwise, outlook will remain bearish in case of recovery.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and possibly below. On the upside, break of 1.1059 resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

EUR/CHF’s down trend continued last week and hit as low as 1.0731. Initial bias is on the downside this week. Next target is 61.8% projection of 1.1476 to 1.0811 from 1.1059 at 1.0648. On the upside, break of 1.0833 resistance is needed to indicate short term bottoming. otherwise, outlook will remain bearish in case of recovery.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and possibly below. On the upside, break of 1.1059 resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.