USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9032; (P) 0.9058; (R1) 0.9074; More….

Intraday bias in USD/CHF remains on the downside for retesting 0.8982 low first. Firm break there will resume larger down trend. On the upside, above 0.9093 minor resistance will turn bias back to the upside for 0.9192/9207 resistance zone instead.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 high). There is no clear sign of completion yet. On resumption, next target will be 138.2% projection of 1.0342 to 0.9186 from 1.0237 at 0.8639. Nevertheless, strong break of 0.9304 resistance will be an early sign of trend reversal and turn focus back to 0.9901 key resistance for confirmation.

USD/CHF Weekly Outlook

USD/CHF’s fall from 0.9192 extended slightly lower last week. Initial bias stays on the downside this week for 0.8982 support first. Firm break there will resume larger down trend. On the upside, above 0.9148 minor resistance will turn bias back to the upside for 0.9192/9207 resistance zone instead.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 high). There is no clear sign of completion yet. On resumption, next target will be 138.2% projection of 1.0342 to 0.9186 from 1.0237 at 0.8639. Nevertheless, strong break of 0.9304 resistance will be an early sign of trend reversal and turn focus back to 0.9901 key resistance for confirmation.

In the long term picture, price actions from 0.7065 (2011 low) are currently seen as developing into along term corrective pattern, at least until a firm break of 1.0342 resistance.

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9054; (P) 0.9074; (R1) 0.9087; More….

Intraday bias in USD/CHF stays mildly on the downside at this point. Further fall could be seen to retest 0.8982 low. Decisive break there will resume larger down trend. On the upside, above 0.9148 minor resistance will turn bias back to the upside for 0.9192/9207 resistance zone first.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 high). There is no clear sign of completion yet. On resumption, next target will be 138.2% projection of 1.0342 to 0.9186 from 1.0237 at 0.8639. Nevertheless, strong break of 0.9304 resistance will be an early sign of trend reversal and turn focus back to 0.9901 key resistance for confirmation.

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9054; (P) 0.9074; (R1) 0.9087; More….

Intraday bias in USD/CHF remains mildly on the downside for retesting 0.8982 low. Decisive break there will resume larger down trend. On the upside, above 0.9148 minor resistance will turn bias back to the upside for 0.9192/9207 resistance zone first.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 high). There is no clear sign of completion yet. On resumption, next target will be 138.2% projection of 1.0342 to 0.9186 from 1.0237 at 0.8639. Nevertheless, strong break of 0.9304 resistance will be an early sign of trend reversal and turn focus back to 0.9901 key resistance for confirmation.

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9062; (P) 0.9100; (R1) 0.9123; More….

USD/CHF’s break of 0.9076 suggests resumption of fall from 0.9192. Intraday bias is turned back to the downside for retesting 0.8982 low. Decisive break there will resume larger down trend. On the upside, decisive break of 0.9192 resistance will be the first sign of bullish reversal and bring stronger rise to 0.9304 resistance for confirmation.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 high). There is no clear sign of completion yet. On resumption, next target will be 138.2% projection of 1.0342 to 0.9186 from 1.0237 at 0.8639. Nevertheless, strong break of 0.9304 resistance will be an early sign of trend reversal and turn focus back to 0.9901 key resistance for confirmation.

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9095; (P) 0.9115; (R1) 0.9133; More….

Intraday bias in USD/CHF remains neutral for the moment. On the downside, break of 0.9076 will target a test on 0.8982 low. On the upside, decisive break of 0.9192 resistance will be the first sign of bullish reversal and bring stronger rise to 0.9304 resistance for confirmation.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 high). There is no clear sign of completion yet. On resumption, next target will be 138.2% projection of 1.0342 to 0.9186 from 1.0237 at 0.8639. Nevertheless, strong break of 0.9304 resistance will be an early sign of trend reversal and turn focus back to 0.9901 key resistance for confirmation.

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9095; (P) 0.9115; (R1) 0.9133; More….

Intraday bias in USD/CHF is turned neutral again as rebound from 0.9076 lost momentum quickly. On the upside, decisive break of 0.9192 resistance will be the first sign of bullish reversal and bring stronger rise to 0.9304 resistance for confirmation. On the downside, break of 0.9076 will target a test on 0.8982 low.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 high). There is no clear sign of completion yet. On resumption, next target will be 138.2% projection of 1.0342 to 0.9186 from 1.0237 at 0.8639. Nevertheless, strong break of 0.9304 resistance will be an early sign of trend reversal and turn focus back to 0.9901 key resistance for confirmation.

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9083; (P) 0.9116; (R1) 0.9155; More….

Intraday bias in USD/CHF is mildly on the upside for 0.91921 resistance. Decisive break there will be the first sign of bullish reversal and bring stronger rise to 0.9304 resistance for confirmation. On the downside, break of 0.9076 will target a test on 0.8982 low.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 high). There is no clear sign of completion yet. On resumption, next target will be 138.2% projection of 1.0342 to 0.9186 from 1.0237 at 0.8639. Nevertheless, strong break of 0.9304 resistance will be an early sign of trend reversal and turn focus back to 0.9901 key resistance for confirmation.

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9083; (P) 0.9116; (R1) 0.9155; More….

USD/CHF rebounded strongly after dipping to 0.9076. Intraday bias is turned back to the upside for 0.9192 resistance first. Decisive break there will be the first sign of bullish reversal and bring stronger rise to 0.9304 resistance for confirmation. On the downside,e break of 0.9076 will target a test on 0.8982 low.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 high). There is no clear sign of completion yet. On resumption, next target will be 138.2% projection of 1.0342 to 0.9186 from 1.0237 at 0.8639. Nevertheless, strong break of 0.9304 resistance will be an early sign of trend reversal and turn focus back to 0.9901 key resistance for confirmation.

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9093; (P) 0.9108; (R1) 0.9124; More….

USD/CHF’s fall from 0.9192 resumes by taking out 0.9088 temporary low. Intraday bias is back on the downside for retesting 0.8982 low. Firm break there will resume larger down trend. On the upside, above 0.9139 minor resistance will turn bias back to the upside for 0.9192 resistance intact.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 high). There is no clear sign of completion yet. On resumption, next target will be 138.2% projection of 1.0342 to 0.9186 from 1.0237 at 0.8639. Nevertheless, strong break of 0.9304 resistance will be an early sign of trend reversal and turn focus back to 0.9901 key resistance for confirmation.

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9093; (P) 0.9108; (R1) 0.9124; More….

Intraday bias in USD/CHF remains neutral at this point. Further decline is mildly in favor. On the downside, below 0.9088 will target a test on 0.8982 low. Firm break there will resume larger down trend. On the upside, break of 0.9207 resistance is needed to be the first sign of bullish reversal. Otherwise, outlook will stay bearish in case of stronger rebound.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 high). There is no clear sign of completion yet. On resumption, next target will be 138.2% projection of 1.0342 to 0.9186 from 1.0237 at 0.8639. Nevertheless, strong break of 0.9304 resistance will be an early sign of trend reversal and turn focus back to 0.9901 key resistance for confirmation.

USD/CHF Weekly Outlook

USD/CHF retreated to 0.9088 last week but quickly lost downside momentum. Initial bias is neutral this week first. Further decline is mildly in favor. On the downside, below 0.9088 will target a test on 0.8982 low. Firm break there will resume larger down trend. On the upside, break of 0.9207 resistance is needed to be the first sign of bullish reversal. Otherwise, outlook will stay bearish in case of stronger rebound.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 high). There is no clear sign of completion yet. On resumption, next target will be 138.2% projection of 1.0342 to 0.9186 from 1.0237 at 0.8639. Nevertheless, strong break of 0.9304 resistance will be an early sign of trend reversal and turn focus back to 0.9901 key resistance for confirmation.

In the long term picture, price actions from 0.7065 (2011 low) are currently seen as developing into along term corrective pattern, at least until a firm break of 1.0342 resistance.

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9090; (P) 0.9115; (R1) 0.9130; More….

Intraday bias in USD/CHF stays neutral at this point. Further decline is mildly in favor. On the downside, below 0.9088 will target a test on 0.8982 low. Firm break there will resume larger down trend. On the upside, break of 0.9207 resistance is needed to be the first sign of bullish reversal. Otherwise, outlook will stay bearish in case of stronger rebound.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 high). There is no clear sign of completion yet. On resumption, next target will be 138.2% projection of 1.0342 to 0.9186 from 1.0237 at 0.8639. Nevertheless, strong break of 0.9304 resistance will be an early sign of trend reversal and turn focus back to 0.9901 key resistance for confirmation.

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9090; (P) 0.9115; (R1) 0.9130; More….

Intraday bias in USD/CHF remains neutral and another fall is mildly in favor. On the downside, below 0.9088 will target a test on 0.8982 low. Firm break there will resume larger down trend. On the upside, break of 0.9207 resistance is needed to be the first sign of bullish reversal. Otherwise, outlook will stay bearish in case of stronger rebound.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 high). There is no clear sign of completion yet. On resumption, next target will be 138.2% projection of 1.0342 to 0.9186 from 1.0237 at 0.8639. Nevertheless, strong break of 0.9304 resistance will be an early sign of trend reversal and turn focus back to 0.9901 key resistance for confirmation.

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9094; (P) 0.9108; (R1) 0.9125; More….

Intraday bias in USD/CHF remain neutral first. Another fall is mildly in favor. Below 0.9088 will target a test on 0.8982 low. Firm break there will resume larger down trend. On the upside, break of 0.9207 resistance is needed to be the first sign of bullish reversal. Otherwise, outlook will stay bearish in case of stronger rebound.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 high). There is no clear sign of completion yet. On resumption, next target will be 138.2% projection of 1.0342 to 0.9186 from 1.0237 at 0.8639. Nevertheless, strong break of 0.9304 resistance will be an early sign of trend reversal and turn focus back to 0.9901 key resistance for confirmation.

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9094; (P) 0.9108; (R1) 0.9125; More….

USD/CHF lost downside momentum after hitting 0.9088, as seen in 4 hour MACD. Intraday bias is turned neutral first. Another fall is mildly in favor. Below 0.9088 will target a test on 0.8982 low. Firm break there will resume larger down trend. On the upside, break of 0.9207 resistance is needed to be the first sign of bullish reversal. Otherwise, outlook will stay bearish in case of another rebound.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 high). There is no clear sign of completion yet. On resumption, next target will be 138.2% projection of 1.0342 to 0.9186 from 1.0237 at 0.8639. Nevertheless, strong break of 0.9304 resistance will be an early sign of trend reversal and turn focus back to 0.9901 key resistance for confirmation.

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9093; (P) 0.9111; (R1) 0.9134; More….

Intraday bias in USD/CHF stays mildly on the downside at this point. Fall from 0.9192 would target a test on 0.8982 low. Firm break there will resume larger down trend. On the upside, break of 0.9207 resistance is needed to be the first sign of bullish reversal. Otherwise, outlook will stay bearish in case of another rebound.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 high). There is no clear sign of completion yet. On resumption, next target will be 138.2% projection of 1.0342 to 0.9186 from 1.0237 at 0.8639. Nevertheless, strong break of 0.9304 resistance will be an early sign of trend reversal and turn focus back to 0.9901 key resistance for confirmation.

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9093; (P) 0.9111; (R1) 0.9134; More….

Intraday bias in USD/CHF remains mildly on the downside for retesting 0.8982 low. Firm break there will resume later down trend. On the upside, break of 0.9207 resistance is needed to be the first sign of bullish reversal. Otherwise, outlook will stay bearish in case of another rebound.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 high). There is no clear sign of completion yet. On resumption, next target will be 138.2% projection of 1.0342 to 0.9186 from 1.0237 at 0.8639. Nevertheless, strong break of 0.9304 resistance will be an early sign of trend reversal and turn focus back to 0.9901 key resistance for confirmation.

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9098; (P) 0.9125; (R1) 0.9152; More….

Intraday bias in USD/CHF is back on the downside with break of 0.9097 minor support. Retest of 0.8982 low should be seen. Firm break there will resume later down trend. On the upside, break of 0.9207 resistance is needed to be the first sign of bullish reversal. Otherwise, outlook will stay bearish in case of another rebound.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 high). There is no clear sign of completion yet. On resumption, next target will be 138.2% projection of 1.0342 to 0.9186 from 1.0237 at 0.8639. Nevertheless, strong break of 0.9304 resistance will be an early sign of trend reversal and turn focus back to 0.9901 key resistance for confirmation.

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9098; (P) 0.9125; (R1) 0.9152; More….

Intraday bias in USD/CHF remains neutral for the moment. On the upside, decisive break of 0.9207 would be an early sign of bullish reversal and target 0.9304 resistance for confirmation. On the downside, below 0.9097 minor support will turn bias back to the downside for 0.8982 low instead.

In the bigger picture, decline from 1.0237 is seen as the third leg of the pattern from 1.0342 (2016 high). There is no clear sign of completion yet. On resumption, next target will be 138.2% projection of 1.0342 to 0.9186 from 1.0237 at 0.8639. Nevertheless, strong break of 0.9304 resistance will be an early sign of trend reversal and turn focus back to 0.9901 key resistance for confirmation.