ActionForex.com
Apr 24 16:35 GMT

Sponsors

Forex Expos

Action Insight: EURCHF Technical Outlook

Action Insight is the most popular section of the site, read by traders around the world. Our team of analysts work around the clock, analyzing the markets from technical and fundamental perspectives in providing the reports in this section to you.



EUR/CHF Daily Outlook Print E-mail
EURCHF Outlook | Written by ActionForex.com | Apr 24 14 03:13 GMT
EUR/CHF lost momentum after hitting 1.2224 and intraday bias is turned neutral first. Rebound from 1.2140 could extend higher but price actions from 1.2103 low are corrective looking and there is no clear sign of reversal yet. And, as long as 1.2249 holds, we'd expect another fall. Below 1.2181 minor support will turn bias to the downside. Break of 1.2140 will likely extend the decline from 1.2393 for a new low below 1.2103. But in that case, we'd expect strong support below 1.21 to handle to bring rebound. Meanwhile, decisive break of 1.2249 will bring stronger rise back towards 1.2393 resistance instead.
Read more...
 
EUR/CHF Daily Outlook Print E-mail
EURCHF Outlook | Written by ActionForex.com | Apr 23 14 02:02 GMT
EUR/CHF's rebound from 1.2140 continues and reaches as high as 1.2219 so far. Intraday bias remains mildly on the upside and current rise could extend to 1.2249 resistance. So far, price actions from 1.2103 low are corrective looking and there is no clear sign of reversal yet. And, as long as 1.2249 holds, we'd expect another fall. Below 1.2181 minor support will turn bias to the downside. Break of 1.2140 will likely extend the decline from 1.2393 for a new low below 1.2103. But in that case, we'd expect strong support below 1.21 to handle to bring rebound. Meanwhile, decisive break of 1.2249 will bring stronger rise back towards 1.2393 resistance instead.
Read more...
 
EUR/CHF Daily Outlook Print E-mail
EURCHF Outlook | Written by ActionForex.com | Apr 22 14 01:35 GMT
EUR/CHF's rebound from 1.2140 extends higher and intraday bias is mildly on the upside for further rally towards 1.2249 resistance. So far, price actions from 1.2103 low are corrective looking and there is no clear sign of reversal yet. And, as long as 1.2249 holds, we'd expect another fall and below 1.2140 will target 1.2103 and below. But in that case, we'd expect strong support below 1.21 to handle to bring rebound. Decisive break of 1.2249 will bring stronger rise back towards 1.2393 resistance instead.
Read more...
 
EUR/CHF Daily Outlook Print E-mail
EURCHF Outlook | Written by ActionForex.com | Apr 17 14 07:22 GMT
The strong rebound from 1.2140 and breach of 1.2196 minor resistance mixes up the near term outlook and turns intraday bias neutral first. On the downside, below 1.2140 will bring deeper decline to 1.2103 and below. But in that case, we'd expect strong support below 1.21 to handle to bring rebound. Meanwhile,, break of 1.2249 resistance is needed to confirm near term reversal. Otherwise, risk of another fall remains.
Read more...
 
EUR/CHF Daily Outlook Print E-mail
EURCHF Outlook | Written by ActionForex.com | Apr 16 14 03:30 GMT
Intraday bias in EUR/CHF remains neutral for consolidations above 1.2140 temporary low. Outlook is unchanged. The corrective rise from 1.2103 has completed with three waves up to 1.2249 already and the decline from 1.2393 is possibly resuming. Recovery from 1.2140 is expected to be limited by 1.2196 resistance and bring another decline. Below 1.2140 will turn bias to the downside for 1.2121 and then 1.2103 and below. But in that case, we'd expect strong support below 1.21 to handle to bring rebound. Above 1.2196 will turn bias back to the upside for 1.2249 resistance instead.
Read more...
 
EUR/CHF Daily Outlook Print E-mail
EURCHF Outlook | Written by ActionForex.com | Apr 15 14 03:36 GMT
A temporary low is formed at 1.2140 in EUR/CHF and intraday bias is turned neutral first. Some consolidations could be seen first. But outlook is unchanged. The corrective rise from 1.2103 has completed with three waves up to 1.2249 already and the decline from 1.2393 is possibly resuming. Recovery from 1.2140 is expected to be limited by 1.2195 resistance and bring another decline. Below 1.2140 will turn bias to the downside for 1.2121 and then 1.2103 and below. But in that case, we'd expect strong support below 1.21 to handle to bring rebound.
Read more...
 
EUR/CHF Daily Outlook Print E-mail
EURCHF Outlook | Written by ActionForex.com | Apr 14 14 07:56 GMT
Intraday bias in EUR/CHF remains on the downside for the moment. As note before, the corrective rise from 1.2103 has completed with three waves up to 1.2249. Also, whole fall from 1.2393 is possibly resuming. Deeper decline is expected to 1.2103 support and below. But in that case, we'd expect strong support below 1.21 to handle to bring rebound. On the upside, above 1.2178 minor resistance will turn bias neutral again.
Read more...
 
EUR/CHF Weekly Outlook Print E-mail
EURCHF Outlook | Written by ActionForex.com | Apr 12 14 02:55 GMT
EUR/CHF's fall from 1.2249 extended lower last week and broke 1.2170 support and the near term rising channel. The development indicates that corrective rise from 1.2103 has completed with three waves up to 1.2249. Also, whole fall from 1.2393 is possibly resuming. Initial bias remains on the downside this week for 1.2103 low and below. But in that case, we'd expect strong support below 1.21 to handle to bring rebound. On the upside, above 1.2196 minor resistance will turn bias neutral again.
Read more...
 
EUR/CHF Daily Outlook Print E-mail
EURCHF Outlook | Written by ActionForex.com | Apr 11 14 02:35 GMT
EUR/CHF's fall from 1.2249 extended lower and the break of 1.2170 support indicates that the recovery from 1.2103 is already completed at 1.2249. Intraday bias is turned back to the downside and deeper fall would be seen to 1.2121 first. Also, the larger decline from 1.2393 is still in progress and could make another low below 1.2103. But we'd expect strong support below 1.21 handle to bring rebound. On the upside, above 1.2196 minor resistance will turn bias neutral again.
Read more...
 
EUR/CHF Daily Outlook Print E-mail
EURCHF Outlook | Written by ActionForex.com | Apr 10 14 04:18 GMT
Intraday bias in EUR/CHF stays neutral with focus back to 1.2170 support. Break there will argue that recovery from 1.2103 is completed and the larger fall from 1.2393 is still in progress. In such case, bias will be flipped back to the downside for 1.2103 and below. But then, we'd expect strong support below 1.21 handle to bring rebound. On the upside, break of 1.2260 resistance will confirm completion of decline from 1.2393 and will target a test on this level next.
Read more...
 
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>

Page 1 of 40

Latest in Technical Outlook

Facebook MySpace Twitter Digg Delicious Google Bookmarks 

Forex Brokers

Action Insight Newsletter
ActionForex.com © 2014 All rights reserved.