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EURCHF Outlook |
Written by ActionForex.com |
Mar 19 10 13:30 GMT |
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EUR/CHF dived further to as low as 1.4318 today, just inch above mentioned target of 1.4315 key support next. Intraday bias remains on the downside as long as 1.4406 minor resistance holds and further is still in favor. Sustained break of 1.4315 will target next medium term level at 100% projection of 1.5880 to 1.4557 from 1.5446 at 1.4123. On the upside, above 1.4406 minor resistance will turn intraday bias neutral and bring consolidations. But upside should be limited below 1.4533 resistance and bring fall resumption. |
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EURCHF Outlook |
Written by ActionForex.com |
Mar 19 10 07:53 GMT |
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EUR/CHF's fall accelerated to as low as 1.4354 yesterday before recovering. At this point, intraday bias remains on the downside and further fall should be seen to mentioned target of 1.4315 key support next. On the upside, above 1.4406 minor resistance will turn intraday bias neutral and bring consolidations. But upside should be limited below 1.4557 support turned resistance and bring fall resumption. |
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EURCHF Outlook |
Written by ActionForex.com |
Mar 18 10 06:55 GMT |
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EUR/CHF's down trend resumed after brief consolidation and reaches as low as 1.4458 so far today. Intraday bias is back on the downside and the current decline is expected to continue towards 1.4315 key support next. On the upside, above 1.4488 minor resistance will turn intraday bias neutral again. But recovery should be limited well below 1.4630 resistance and bring fall resumption. |
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EURCHF Outlook |
Written by ActionForex.com |
Mar 17 10 07:40 GMT |
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With 4 hours MACD crossed above signal line, an intraday low is in place at 1.4505 and some consolidations would be seen. Nevertheless, upside of recovery is expected to be limited below 1.4630 resistance and bring fall resumption. Below 1.4505 should target 1.4315 key support next. |
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EURCHF Outlook |
Written by ActionForex.com |
Mar 16 10 07:44 GMT |
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Intraday in EUR/CHF remains on the downside and current fall, which is part of the whole decline from 1.5880, is still expected to continue towards 1.4315 key support next. On the upside, above 1.4536 minor resistance will turn intraday bias neutral first. But upside should be limited below 1.4630 resistance and bring fall resumption. |
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EURCHF Outlook |
Written by ActionForex.com |
Mar 15 10 13:49 GMT |
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EUR/CHF finally broke 1.4557 support today and the fall accelerates to as low as 1.4536 so far in early US session. Whole decline fro 1.5880 should have resumed and current fall is expected to continue to 1.4315 low next. On the upside, above 1.4560 minor resistance will turn intraday bias neutral first. But upside should be limited below 1.4630 resistance and bring fall resumption. |
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EURCHF Outlook |
Written by ActionForex.com |
Mar 15 10 07:39 GMT |
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EUR/CHF dips further to 1.4557 today and is now pressing key support level of 1.4557. Break there will confirm that whole decline from 1.5880 has resumed and should target 1.4315 low next. On the upside, in case of recovery, break of 1.4630 resistance is needed to indicate that EUR/CHF has made a short term bottom. Otherwise, outlook will remains bearish. |
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EURCHF Outlook |
Written by ActionForex.com |
Mar 13 10 13:08 GMT |
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EUR/CHF finally built up some momentum last week and dived to as low as 1.4559 after SNB meeting. Initial bias remains on the downside this week and break of 1.4557 will confirm that whole fall from 1.5880 has resumed and should target 1.4315 low next. On the upside, above 1.4630 will turn intraday bias neutral and bring consolidations. But recovery attempt should be limited by 1.4820 resistance and bring further decline. |
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EURCHF Outlook |
Written by ActionForex.com |
Mar 12 10 12:14 GMT |
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EUR/CHF finally shows some momentum and dives to as low as 1.4579 so far today. Intraday bias remains on the downside as long as 1.4630 minor resistance holds and further fall should be seen to 1.4577 support next. Sustained break there will confirm fall resumption towards next key support at 1.4315. On the upside, above 1.4630 will turn intraday bias neutral again. But another fall would now remain in favor as long as 1.4697 resistance holds. |
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EURCHF Outlook |
Written by ActionForex.com |
Mar 12 10 06:21 GMT |
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No change in EUR/CHF's outlook. More downside is still in favor and we'd expect the cross to crawl towards 1.4557 support next. On the upside above 1.4635 minor support will turn intraday bias neutral again. Further break of 1.4697 will argue that stronger rally might be seen. After all, even in case of strong rebound, we'd expect strong resistance ahead of 1.5 psychological level to limit any rebound attempt. |
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EURCHF Outlook |
Written by ActionForex.com |
Mar 11 10 07:14 GMT |
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EUR/CHF seems to be building more downside momentum for the moment and intraday bias remains cautiously on the downside. We'd expect the cross to crawl towards 1.4557 support next. On the upside above 1.4635 minor support will turn intraday bias neutral again. Further break of 1.4697 will argue that stronger rally might be seen. After all, even in case of strong rebound, we'd expect strong resistance ahead of 1.5 psychological level to limit any rebound attempt. |
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EURCHF Outlook |
Written by ActionForex.com |
Mar 10 10 07:17 GMT |
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At this point, we'd still favor more downside in EUR/CHF and expects the cross to crawl towards 1.4557 support next. On the upside above 1.4697 minor resistance will suggest that there is no clear direction in EUR/CHF yet. After all, even in case of stronger recovery, we'd expect strong resistance ahead of 1.5 psychological level to limit any rebound attempt. |
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EURCHF Outlook |
Written by ActionForex.com |
Mar 09 10 05:57 GMT |
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EUR/CHF continued to trade in extremely tight range and outlook remains unchanged. More downside would be in favor as long as 1.4697 minor resistance holds and would expect EUR/CHF to crawl towards 1.4557 support next. On the upside above 1.4697 minor resistance will suggest that there is no clear direction in EUR/CHF yet. After all, even in case of stronger recovery, we'd expect strong resistance ahead of 1.5 psychological level to limit any rebound attempt. |
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EURCHF Outlook |
Written by ActionForex.com |
Mar 08 10 07:55 GMT |
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EUR/CHF continued to trade in extremely tight range and outlook remains unchanged. More downside would be in favor as long as 1.4697 minor resistance holds and would expect EUR/CHF to crawl towards 1.4557 support next. On the upside above 1.4697 minor resistance will suggest that there is no clear direction in EUR/CHF yet. After all, even in case of stronger recovery, we'd expect strong resistance ahead of 1.5 psychological level to limit any rebound attempt. |
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EURCHF Outlook |
Written by ActionForex.com |
Mar 06 10 14:11 GMT |
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EUR/CHF continued to trade in extremely tight range last week and outlook remains unchanged. More downside would be in favor as long as 1.4697 minor resistance holds and would expect EUR/CHF to crawl towards 1.4557 support next. On the upside above 1.4697 minor resistance will suggest that there is no clear direction in EUR/CHF yet. After all, even in case of stronger recovery, we'd expect strong resistance ahead of 1.5 psychological level to limit any rebound attempt. |
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EURCHF Outlook |
Written by ActionForex.com |
Mar 05 10 05:52 GMT |
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No change in EUR/CHF's outlook. More downside would be in favor as long as 1.4697 minor resistance holds and we'd expect EUR/CHF to crawl towards 1.4557 support next. On the upside above 1.4697 minor resistance will suggest that there is no clear direction in EUR/CHF yet. After all, even in case of stronger recovery, we'd expect strong resistance ahead of 1.5 psychological level to limit any rebound attempt. |
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EURCHF Outlook |
Written by ActionForex.com |
Mar 04 10 06:19 GMT |
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No change in EUR/CHF's outlook. More downside would be in favor as long as 1.4697 minor resistance holds and we'd expect EUR/CHF to crawl towards 1.4557 support next. On the upside above 1.4697 minor resistance will suggest that there is no clear direction in EUR/CHF yet. After all, even in case of stronger recovery, we'd expect strong resistance ahead of 1.5 psychological level to limit any rebound attempt. |
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EURCHF Outlook |
Written by ActionForex.com |
Mar 03 10 06:57 GMT |
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More downside would be in favor as long as 1.4697 minor resistance holds and we'd expect EUR/CHF to crawl towards 1.4557 support next. On the upside above 1.4697 minor resistance will suggest that there is no clear direction in EUR/CHF yet. After all, even in case of stronger recovery, we'd expect strong resistance ahead of 1.5 psychological level to limit any rebound attempt. |
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EURCHF Outlook |
Written by ActionForex.com |
Mar 02 10 05:54 GMT |
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More downside would be in favor as long as 1.4697 minor resistance holds and we'd expect EUR/CHF to crawl towards 1.4557 support next. On the upside above 1.4697 minor resistance will suggest that there is no clear direction in EUR/CHF yet. After all, even in case of stronger recovery, we'd expect strong resistance ahead of 1.5 psychological level to limit any rebound attempt. |
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