Daily Pivots: (S1) 0.9116; (P) 0.9137; (R1) 0.9149; More….

USD/CHF dipped to 0.9097 earlier today but quickly recovered back above 0.9115 support. Intraday bias remains neutral first. n 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.

Daily Pivots: (S1) 0.9116; (P) 0.9137; (R1) 0.9149; More….

Intraday bias in USD/CHF stays neutral and further rise is mildly in favor with 0.9115 minor support intact. 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 0.9115 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.

USD/CHF rebounded strongly last week but failed to break through 0.9207 resistance and retreated. Initial bias remains neutral this week first, and further rise is mildly in favor as long as 0.9115 minor support holds. 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 0.9115 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.

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.

Daily Pivots: (S1) 0.9132; (P) 0.9152; (R1) 0.9173; More….

Outlook in USD/CHF remains unchanged and intraday bias stays neutral for consolidations. Further rise is still mildly in favor as long as 0.9115 minor support holds. Decisive break of 0.9207 resistance would be an early sign of bullish reversal and target 0.9304 resistance for confirmation. On the downside, below 0.9115 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.

Daily Pivots: (S1) 0.9132; (P) 0.9152; (R1) 0.9173; More….

Intraday bias in USD/CHF remains neutral for consolidation below 0.9192 temporary top. Further rise is still mildly in favor as long as 0.9115 minor support holds. Decisive break of 0.9207 resistance would be an early sign of bullish reversal and target 0.9304 resistance for confirmation. On the downside, below 0.9115 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.

Daily Pivots: (S1) 0.9142; (P) 0.9167; (R1) 0.9195; More….

Intraday bias in USD/CHF is turned neutral as it lost momentum ahead of 0.9072 resistance. Further rise is still mildly in favor as long as 0.9115 minor support holds. Decisive break of 0.9207 resistance would be an early sign of bullish reversal and target 0.9304 resistance for confirmation. On the downside, below 0.9115 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.

Daily Pivots: (S1) 0.9142; (P) 0.9167; (R1) 0.9195; More….

USD/CHF is losing some upside momentum but further rise is still mildly in favor as long as 0.9115 minor support holds. Decisive break of 0.9207 resistance Decisive break there would be an early sign of bullish reversal and target 0.9304 resistance for confirmation. On the downside, below 0.9115 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.

Daily Pivots: (S1) 0.9119; (P) 0.9147; (R1) 0.9179; More….

Intraday bias in USD/CHF remains on the upside as rebound from 0.8982 is on track to 0.9207 resistance. Decisive break there would be an early sign of bullish reversal and target 0.9304 resistance for confirmation. On the downside, below 0.9115 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.

Daily Pivots: (S1) 0.9035; (P) 0.9089; (R1) 0.9194; More…

Intraday bias in USD/CHF remains on the upside for 0.9207 resistance first. Decisive break there would be an early sign of bullish reversal and target 0.9304 resistance for confirmation. On the downside, below 0.9115 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.

Daily Pivots: (S1) 0.9035; (P) 0.9089; (R1) 0.9194; More…

USD/CHF’s strong break of 0.9082 minor resistance suggests short term bottoming at 0.8982, after breaching 0.8998 support. Intraday bias is turned back to the upside for 0.9027 resistance. Decisive break there would be an early sign of bullish reversal and target 0.9304 resistance for confirmation. On the downside, below 0.9054 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.

Daily Pivots: (S1) 0.8971; (P) 0.9014; (R1) 0.9046; More…

Intraday bias in USD/CHF is turned neutral with today’s strong rebound. Another fall could still be seen with 0.9082 minor resistance intact. Break of 0.8982 will resume larger down trend. Though, firm break of 0.9082 will indicate short term bottoming. Intraday bias will be turned back to the upside for 0.9207 resistance.

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.

Daily Pivots: (S1) 0.8971; (P) 0.9014; (R1) 0.9046; More…

Intraday bias in USD/CHF remains on the downside for the moment. Current down trend should target 100% projection of 0.9304 to 0.9030 from 0.9207 at 0.8933 next. On the upside, break of 0.9101 minor resistance mix up the near term outlook and turn intraday bias neutral again.

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’s break of 0.8998 low last week confirms resumption of medium term down trend. Initial bias remains on the downside this week. Next target is 100% projection of 0.9304 to 0.9030 from 0.9207 at 0.8933. On the upside, break of 0.9101 minor resistance mix up the near term outlook and turn intraday bias neutral again.

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 should confirm medium term bottoming and turn outlook bullish.

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.

Daily Pivots: (S1) 0.9007; (P) 0.9070; (R1) 0.9104; More…

USD/CHF drops to as low as 0.8984 so far today. Break of 0.8998 support indicates resumption of larger down trend. Intraday bias stays on the downside for 100% projection of 0.9304 to 0.9030 from 0.9207 at 0.8933. On the upside, break of 0.9101 minor resistance mix up the near term outlook and turn intraday bias neutral again.

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.

Daily Pivots: (S1) 0.9007; (P) 0.9070; (R1) 0.9104; More…

Intraday bias in USD/CHF remains on the downside for retesting 0.8998 low. Next near term target is 100% projection of 0.9304 to 0.9030 from 0.9207 at 0.8933. On the upside, break of 0.9101 minor resistance will mix up the near term outlook and turn intraday bias neutral again.

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.

Daily Pivots: (S1) 0.9075; (P) 0.9136; (R1) 0.9180; More…

USD/CHF’s break of 0.9089 minor support indicates that fall form 0.9304 is resuming. Intraday bias is back on the downside for 0.8998 low. Firm break there will confirm resumption of larger down trend. Next near term target is 100% projection of 0.9304 to 0.9030 from 0.9207 at 0.8933. For now, near term outlook will stay bearish as long as 0.9207 resistance holds, in case of recovery.

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.

Daily Pivots: (S1) 0.9075; (P) 0.9136; (R1) 0.9180; More…

Intraday bias in USD/CHF remains neutral at this point. Another rise is mildly in favor as long as 0.9089 support holds. Above 0.9207 will target 0.9304 resistance next. Break will target 38.2% retracement of 0.9901 to 0.8998 at 0.9343. On the downside, break of 0.9089 minor support will turn bias back to the downside for 0.9030 support 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.

Daily Pivots: (S1) 0.9094; (P) 0.9143; (R1) 0.9169; More…

USD/CHF is still staying in range of 0.9089/9207 despite much volatility. Intraday bias remains neutral at this point. Another rise is in favor as long as 0.9089 support holds. Above 0.9207 will target 0.9304 resistance next. Break will target 38.2% retracement of 0.9901 to 0.8998 at 0.9343. On the downside, break of 0.9089 minor support will turn bias back to the downside for 0.9030 support 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.

Daily Pivots: (S1) 0.9094; (P) 0.9143; (R1) 0.9169; More…

Intraday bias in USD/CHF remains neutral first and outlook is unchanged. Another rise is in favor as long as 0.9089 support holds. Above 0.9207 will target 0.9304 resistance next. Break will target 38.2% retracement of 0.9901 to 0.8998 at 0.9343. On the downside, break of 0.9089 minor support will turn bias back to the downside for 0.9030 support 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.

Daily Pivots: (S1) 0.9164; (P) 0.9186; (R1) 0.9215; More…

Intraday bias in USD/CHF is turned neutral with today’s retreat. Another rise is in favor as long as 0.9089 support holds. Above 0.9207 will target 0.9304 resistance next. Break will target 38.2% retracement of 0.9901 to 0.8998 at 0.9343. On the downside, break of 0.9089 minor support will turn bias back to the downside for 0.9030 support 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.