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Sep 17 15:32 GMT

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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 | Sep 17 14 03:48 GMT
With 1.2071 minor support intact, further rise is still expected in EUR/CHF. The rebound from 1.2044 short term bottom would extend to 1.2133 resistance. Break will target 1.2177 and above. On the downside, below 1.2071 minor support will turn bias back to the downside for 1.2044 and below. But in that case, we'd continue to expect strong support from SNB's 1.2 floor to contain downside and bring reversal.
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EUR/CHF Daily Outlook Print E-mail
EURCHF Outlook | Written by ActionForex.com | Sep 16 14 07:32 GMT
With 1.2071 minor support intact, further rise is still expected in EUR/CHF. The rebound from 1.2044 short term bottom would extend to 1.2133 resistance. Break will target 1.2177 and above. On the downside, below 1.2071 minor support will turn bias back to the downside for 1.2044 and below. But in that case, we'd continue to expect strong support from SNB's 1.2 floor to contain downside and bring reversal.
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EUR/CHF Daily Outlook Print E-mail
EURCHF Outlook | Written by ActionForex.com | Sep 15 14 08:40 GMT
With 1.2071 minor support intact, further rise is still expected in EUR/CHF. The rebound from 1.2044 short term bottom would extend to 1.2133 resistance. Break will target 1.2177 and above. On the downside, below 1.2071 minor support will turn bias back to the downside for 1.2044 and below. But in that case, we'd continue to expect strong support from SNB's 1.2 floor to contain downside and bring reversal.
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EUR/CHF Weekly Outlook Print E-mail
EURCHF Outlook | Written by ActionForex.com | Sep 13 14 09:50 GMT
EUR/CHF rebounded last week and reached as high as 1.2111 before retreating. A short term bottom is formed at 1.0244 on bullish convergence condition in 4 hours MACD. Further rise is in favor to 1.2133 support turned resistance. Break will target 1.2177 and above. On the downside, below 1.2071 minor support will turn bias back to the downside for 1.2044 and below. But in that case, we'd continue to expect strong support from SNB's 1.2 floor to contain downside and bring reversal.
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EUR/CHF Daily Outlook Print E-mail
EURCHF Outlook | Written by ActionForex.com | Sep 12 14 07:44 GMT
A short term bottom is in place at 1.2044 and further rally is in favor in EUR/CHF to 1.2133 support turned resistance. On the downside, in case of another fall, we'd continue to expect strong support from SNB's 1.2 floor to contain downside and bring reversal.
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EUR/CHF Daily Outlook Print E-mail
EURCHF Outlook | Written by ActionForex.com | Sep 11 14 08:52 GMT
EUR/CHF rebounded strongly to as high as 1.2117 and the break of 1.2090 resistance suggests short term bottoming at 1.2044. Intraday bias is mildly on the upside for 1.2133 support turned resistance. On the downside, in case of another fall, we'd continue to expect strong support from SNB's 1.2 floor to contain downside and bring reversal.
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EUR/CHF Daily Outlook Print E-mail
EURCHF Outlook | Written by ActionForex.com | Sep 11 14 08:48 GMT
EUR/CHF rebounded strongly to as high as 1.2117 and the break of 1.2090 resistance suggests short term bottoming at 1.2044. Intraday bias is mildly on the upside for 1.2133 support turned resistance. On the downside, in case of another fall, we'd continue to expect strong support from SNB's 1.2 floor to contain downside and bring reversal.
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EUR/CHF Daily Outlook Print E-mail
EURCHF Outlook | Written by ActionForex.com | Sep 10 14 06:01 GMT
Overall outlook is unchanged in EUR/CHF. While another fall cannot be ruled out, we'd continue to expect strong support from SNB's 1.2 floor to contain downside and bring reversal. Above 1.2090 minor resistance will turn bias back to the upside for 1.2133 support turned resistance.
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EUR/CHF Daily Outlook Print E-mail
EURCHF Outlook | Written by ActionForex.com | Sep 09 14 07:00 GMT
Overall outlook is unchanged in EUR/CHF. While another fall cannot be ruled out, we'd continue to expect strong support from SNB's 1.2 floor to contain downside and bring reversal. Above 1.2090 minor resistance will turn bias back to the upside for 1.2133 support turned resistance.
Read more...
 
EUR/CHF Daily Outlook Print E-mail
EURCHF Outlook | Written by ActionForex.com | Sep 08 14 02:51 GMT
Overall outlook is unchanged in EUR/CHF. While another fall cannot be ruled out, we'd continue to expect strong support from SNB's 1.2 floor to contain downside and bring reversal. Above 1.2090 minor resistance will turn bias back to the upside for 1.2133 support turned resistance.
Read more...
 
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