Daily Pivots: (S1) 0.8363; (P) 0.8409; (R1) 0.8462; More….

Intraday bias in USD/CHF remains neutral for consolidation above 0.8332. While stronger recovery cannot be ruled out, outlook will stay bearish as long as 0.8665 support turned resistance holds. Break of 0.8332 will resume larger fall from 0.9243 to 138.2% projection of 0.9111 to 0.8665 from 0.8819 at 0.8203 next.

In the bigger picture, break of 0.8551 support indicates resumption of whole decline from 1.0146 (2022 high). Next target is 61.8% retracement of 1.0146 to 0.8551 from 0.9243 at 0.8257. Sustained break there could prompt downside acceleration to 100% projection at 0.7648. This will now remain the favored case as long as 0.8819 resistance holds.

Daily Pivots: (S1) 0.8363; (P) 0.8409; (R1) 0.8462; More….

USD/CHF is staying in consolidation from 0.8332 and intraday bias remains neutral at this point. Stronger recovery cannot be ruled out, but outlook will stay bearish as long as 0.8665 support turned resistance holds. Break of 0.8332 will resume larger fall from 0.9243 to 138.2% projection of 0.9111 to 0.8665 from 0.8819 at 0.8203 next.

In the bigger picture, break of 0.8551 support indicates resumption of whole decline from 1.0146 (2022 high). Next target is 61.8% retracement of 1.0146 to 0.8551 from 0.9243 at 0.8257. Sustained break there could prompt downside acceleration to 100% projection at 0.7648. This will now remain the favored case as long as 0.8819 resistance holds.

Daily Pivots: (S1) 0.8370; (P) 0.8412; (R1) 0.8490; More….

Intraday bias in USD/CHF is turned neutral with current recovery, and some consolidations would be seen above 0.8332 temporary low. Outlook will stay bearish as long as 0.8665 support turned resistance holds. Break of 0.8332 will resume larger fall from 0.9243 to 138.2% projection of 0.9111 to 0.8665 from 0.8819 at 0.8203 next.

In the bigger picture, break of 0.8551 support indicates resumption of whole decline from 1.0146 (2022 high). Next target is 61.8% retracement of 1.0146 to 0.8551 from 0.9243 at 0.8257. Sustained break there could prompt downside acceleration to 100% projection at 0.7648. This will now remain the favored case as long as 0.8819 resistance holds.

Daily Pivots: (S1) 0.8377; (P) 0.8463; (R1) 0.8517; More….

Intraday bias in USD/CHF remains on the downside for the moment. Current fall from 0.9243 should target 138.2% projection of 0.9111 to 0.8665 from 0.8819 at 0.8203 next. On the upside, above 0.8438 minor resistance will turn intraday bias neutral first. But outlook will stay bearish as long as 0.8665 support turned resistance holds, in case of recovery.

In the bigger picture, break of 0.8551 support indicates resumption of whole decline from 1.0146 (2022 high). Next target is 61.8% retracement of 1.0146 to 0.8551 from 0.9243 at 0.8257. Sustained break there could prompt downside acceleration to 100% projection at 0.7648. This will now remain the favored case as long as 0.8819 resistance holds.

Daily Pivots: (S1) 0.8377; (P) 0.8463; (R1) 0.8517; More….

USD/CHF’s decline accelerates lower and intraday bias stays on the downside. Sustained break of 100% projection of 0.9111 to 0.8665 from 0.8819 at 0.8373 will pave the way to 138.2% projection at 0.8203. On the upside, above 0.8513 minor resistance will turn intraday bias neutral first. But outlook will stay bearish as long as 0.8665 support turned resistance holds, in case of recovery.

In the bigger picture, break of 0.8551 support indicates resumption of whole decline from 1.0146 (2022 high). Next target is 61.8% retracement of 1.0146 to 0.8551 from 0.9243 at 0.8257. Sustained break there could prompt downside acceleration to 100% projection at 0.7648. This will now remain the favored case as long as 0.8819 resistance holds.

Daily Pivots: (S1) 0.8518; (P) 0.8550; (R1) 0.8569; More….

USD/CHF’s decline resumes by breaching 0.8513 temporary low and intraday bias is back on the downside. Current fall should target 100% projection of 0.9111 to 0.8665 from 0.8819 at 0.8373 next. On the upside, above 0.8578 minor resistance will turn intraday bias neutral again. But outlook will stay bearish as long as 0.8665 support turned resistance holds, in case of recovery.

In the bigger picture, break of 0.8551 support indicates resumption of whole decline from 1.0146 (2022 high). Next target is 61.8% retracement of 1.0146 to 0.8551 from 0.9243 at 0.8257. Sustained break there could prompt downside acceleration to 100% projection at 0.7648. This will now remain the favored case as long as 0.8819 resistance holds.

Daily Pivots: (S1) 0.8518; (P) 0.8550; (R1) 0.8569; More….

Intraday bias in USD/CHF is turned neutral with current recovery, and some consolidations should be seen first. But outlook will stay bearish as long as 0.8665 support turned resistance holds. Below 0.8513 will resume larger down trend to 100% projection of 0.9111 to 0.8665 from 0.8819 at 0.8373 next.

In the bigger picture, break of 0.8551 support indicates resumption of whole decline from 1.0146 (2022 high). Next target is 61.8% retracement of 1.0146 to 0.8551 from 0.9243 at 0.8257. Sustained break there could prompt downside acceleration to 100% projection at 0.7648. This will now remain the favored case as long as 0.8819 resistance holds.

Daily Pivots: (S1) 0.8536; (P) 0.8587; (R1) 0.8614; More….

USD/CHF’s decline continues today and falls through 0.8551 support without noticeable recovery. Longer term down trend is resuming. Intraday bias remains on the downside for 100% projection of 0.9111 to 0.8665 from 0.8819 at 0.8373 next. On the upside, above 0.8572 minor resistance will turn bias neutral and bring consolidations first. But risk will stay on the downside as long as 0.8665 support turned resistance holds.

In the bigger picture, break of 0.8551 support indicates resumption of whole decline from 1.0146 (2022 high). Next target is 61.8% retracement of 1.0146 to 0.8551 from 0.9243 at 0.8257. Sustained break there could prompt downside acceleration to 100% projection at 0.7648. This will now remain the favored case as long as 0.8819 resistance holds.

Daily Pivots: (S1) 0.8536; (P) 0.8587; (R1) 0.8614; More….

Immediate focus is now on 0.8551 support in USD/CHF. Strong support could be seen there to bring rebound. Break of 0.8650 minor resistance will indicate short term bottoming, and turn bias back to the upside for 0.8819 resistance. However, sustained break of 0.8551 could trigger downside acceleration to 100% projection of 0.9111 to 0.8665 from 0.8819 at 0.8373.

In the bigger picture, price actions from 0.8551 are currently seen as a corrective pattern to the decline from 1.0146 (2022 high). Fall from 0.9243 is seen as the second leg for now. Strong support should be seen 0.8551 to bring rebound. Meanwhile, break of 0.8819 resistance will argue that the third leg has started already, and target 0.9243. However, firm break of 0.8551 will confirm resumption of larger down trend from 1.0146 instead.

Daily Pivots: (S1) 0.8599; (P) 0.8625; (R1) 0.8654; More….

Intraday bias in USD/CHF stays on the downside for 0.8551 support. Strong support could be seen there to bring rebound. Break of 0.8650 minor resistance will indicate short term bottoming, and turn bias back to the upside for 0.8819 resistance. However, sustained break of 0.8551 could trigger downside acceleration to 100% projection of 0.9111 to 0.8665 from 0.8819 at 0.8373.

In the bigger picture, price actions from 0.8551 are currently seen as a corrective pattern to the decline from 1.0146 (2022 high). Fall from 0.9243 is seen as the second leg for now. Strong support should be seen 0.8551 to bring rebound. Meanwhile, break of 0.8819 resistance will argue that the third leg has started already, and target 0.9243. However, firm break of 0.8551 will confirm resumption of larger down trend from 1.0146 instead.

Daily Pivots: (S1) 0.8599; (P) 0.8625; (R1) 0.8654; More….

Further decline is expected in USD/CHF as long as 0.8710 resistance holds. Current fall from 0.9243 is in progress for retesting 0.8551 key support next. On the upside, however, break of 0.8710 will indicate short term bottoming, and turn bias back to the upside for stronger rebound.

In the bigger picture, price actions from 0.8551 are currently seen as a corrective pattern to the decline from 1.0146 (2022 high). Fall from 0.9243 is seen as the second leg for now. Strong support should be seen 0.8551 to bring rebound. Meanwhile, break of 0.9111 resistance will argue that the third leg has started already, and target 0.9243.

Daily Pivots: (S1) 0.8573; (P) 0.8630; (R1) 0.8667; More….

Intraday bias in USD/CHF stays on the downside and outlook is unchanged. Current fall from 0.9243 is in progress for retesting 0.8551 key support next. On the upside, above 0.8710 minor resistance will turn intraday bias neutral again first. But outlook will remain bearish as long as 0.8819 resistance holds.

In the bigger picture, price actions from 0.8551 are currently seen as a corrective pattern to the decline from 1.0146 (2022 high). Fall from 0.9243 is seen as the second leg for now. Strong support should be seen 0.8551 to bring rebound. Meanwhile, break of 0.9111 resistance will argue that the third leg has started already, and target 0.9243.

Daily Pivots: (S1) 0.8573; (P) 0.8630; (R1) 0.8667; More….

Intraday bias in USD/CHF remains on the downside for the moment. Current fall from 0.9243 should target 0.8551 key support next. On the upside, above 0.8710 minor resistance will turn intraday bias neutral again first. But outlook will remain bearish as long as 0.8819 resistance holds.

In the bigger picture, price actions from 0.8551 are currently seen as a corrective pattern to the decline from 1.0146 (2022 high). Fall from 0.9243 is seen as the second leg for now. Strong support should be seen 0.8551 to bring rebound. Meanwhile, break of 0.9111 resistance will argue that the third leg has started already, and target 0.9243.

Daily Pivots: (S1) 0.8655; (P) 0.8683; (R1) 0.8700; More….

Break of 0.8629 support suggests that USD/CHF’s decline is resuming. Intraday bias is back on the downside. Current fall from 0.9243 should target 0.8551 key support next. On the upside, above 0.8710 minor resistance will turn intraday bias neutral again first. But outlook will remain bearish as long as 0.8819 resistance holds.

In the bigger picture, price actions from 0.8551 are currently seen as a corrective pattern to the decline from 1.0146 (2022 high). Fall from 0.9243 is seen as the second leg for now. Strong support should be seen 0.8551 to bring rebound. Meanwhile, break of 0.9111 resistance will argue that the third leg has started already, and target 0.9243.

Daily Pivots: (S1) 0.8655; (P) 0.8683; (R1) 0.8700; More….

Outlook in USD/CHF is unchanged. Intraday bias stays neutral as consolidation from 0.8629 might extend further. But further decline is expected with 0.8819 resistance intact. On the downside, break of 0.8629 will resume larger fall from 0.9243 to retest 0.8551 key support next. On the upside, however, firm break of 0.8819 will turn bias back to the upside for stronger rebound.

In the bigger picture, price actions from 0.8551 are currently seen as a corrective pattern to the decline from 1.0146 (2022 high). Fall from 0.9243 is seen as the second leg for now. Strong support should be seen 0.8551 to bring rebound. Meanwhile, break of 0.9111 resistance will argue that the third leg has started already, and target 0.9243.

Daily Pivots: (S1) 0.8665; (P) 0.8689; (R1) 0.8726; More….

Intraday bias in USD/CHF remains neutral as consolidation from 0.8629 is in progress. Outlook remains bearish with 0.8819 resistance intact. On the downside, break of 0.8629 will resume larger fall from 0.9243 to retest 0.8551 key support next. On the upside, however, firm break of 0.8819 will turn bias back to the upside for stronger rebound.

In the bigger picture, price actions from 0.8551 are currently seen as a corrective pattern to the decline from 1.0146 (2022 high). Fall from 0.9243 is seen as the second leg for now. Strong support should be seen 0.8551 to bring rebound. Meanwhile, break of 0.9111 resistance will argue that the third leg has started already, and target 0.9243.

Daily Pivots: (S1) 0.8665; (P) 0.8689; (R1) 0.8726; More….

USD/CHF is extending the consolidation pattern from 0.8629 for now, and intraday bias stays neutral. Outlook remains bearish with 0.8819 resistance intact. On the downside, break of 0.8629 will resume larger fall from 0.9243 to retest 0.8551 key support next. On the upside, however, firm break of 0.8819 will turn bias back to the upside for stronger rebound.

In the bigger picture, price actions from 0.8551 are currently seen as a corrective pattern to the decline from 1.0146 (2022 high). Fall from 0.9243 is seen as the second leg for now. Strong support should be seen 0.8551 to bring rebound. Meanwhile, break of 0.9111 resistance will argue that the third leg has started already, and target 0.9243.

USD/CHF’s fall from 0.9111 continued last week and edged lower to 0.8629 last week. Nevertheless, with subsequent recovery, initial bias is neutral this week for consolidations first. Break of 0.8629 will resume the decline to retest 0.8551 key support level. However, break of 0.8819 will turn bias back to the upside for stronger rebound.

In the bigger picture, price actions from 0.8551 are currently seen as a corrective pattern to the decline from 1.0146 (2022 high). Fall from 0.9243 is seen as the second leg for now. Strong support should be seen 0.8551 to bring rebound. Meanwhile, break of 0.9111 resistance will argue that the third leg has started already, and target 0.9243.

In the long term picture, there is no clear sign that down trend from 1.8305 (2000 high) has completed. With 38.2% retracement of 1.8305 to 0.7065 at 1.1359 intact, outlook is neutral at best.

Daily Pivots: (S1) 0.8627; (P) 0.8680; (R1) 0.8728; More….

Intraday bias in USD/CHF remains mildly on the downside for the moment. Current decline from 0.9243 should extend to target 0.8551 key support level. For now, near term outlook will stay bearish as long as 0.8819 resistance holds, in case of recovery.

In the bigger picture, price actions from 0.8551 are currently seen as part of a corrective pattern to the decline from 1.0146 (2022 high). Fall from 0.9243 is seen as the second leg for now. Deeper decline could be seen to 0.8551 low but strong support should be seen there to bring rebound. Meanwhile, break of 0.9111 resistance will argue that the third leg has started already, and target 0.9243 and above.

Daily Pivots: (S1) 0.8627; (P) 0.8680; (R1) 0.8728; More….

USD/CHF’s break of 0.8665 support confirm resumption of whole decline from 0.9243. Intraday bias is back on the downside and deeper fall should be seen to 0.8551 key support level. For now, near term outlook will stay bearish as long as 0.8819 resistance holds, in case of recovery.

In the bigger picture, price actions from 0.8551 are currently seen as part of a corrective pattern to the decline from 1.0146 (2022 high). Fall from 0.9243 is seen as the second leg for now. Deeper decline could be seen to 0.8551 low but strong support should be seen there to bring rebound. Meanwhile, break of 0.9111 resistance will argue that the third leg has started already, and target 0.9243 and above.