EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9369; (P) 0.9395; (R1) 0.9436; More….

Intraday bias in EUR/CHF remains neutral as sideway trading continues. On the upside, break of 0.9428 will resume the rebound from 0.9218 through 0.9445 resistance. However, break of 0.9291 will bring retest of 0.9218 instead.

In the bigger picture, prior rejection by long-term falling channel resistance (now at 0.9527) retains medium term bearishness. That is, down trend from 1.2004 (2018 high) is still in progress. Firm break of 0.9204 (2024 low) will confirm resumption. This will remain the favored case as long as 0.9660 resistance holds.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9312; (P) 0.9363; (R1) 0.9419; More….

EUR/CHF rebounded further today but stays inside range of 0.9291/9428. Intraday bias remains neutral at this point. On the upside, break of 0.9428 will resume the rebound from 0.9218 through 0.9445 resistance. However, break of 0.9291 will bring retest of 0.9218 instead.

In the bigger picture, prior rejection by long-term falling channel resistance (now at 0.9527) retains medium term bearishness. That is, down trend from 1.2004 (2018 high) is still in progress. Firm break of 0.9204 (2024 low) will confirm resumption. This will remain the favored case as long as 0.9660 resistance holds.

EUR/CHF Weekly Outlook

EUR/CHF rose to 0.9428 last week but reversed from there. Nevertheless, downside is contained above 0.9291 support so far. Initial bias stays neutral this week first. On the upside, break of 0.9428/45 resistance zone will resume the rebound from 0.9218. On the downside, break of 0.9291 will bring retest of 0.9218 low instead.

In the bigger picture, prior rejection by long-term falling channel resistance (now at 0.9523) retains medium term bearishness. That is, down trend from 1.2004 (2018 high) is still in progress. Firm break of 0.9204 (2024 low) will confirm resumption. This will remain the favored case as long as 0.9660 resistance holds.

In the long term picture, overall long term down trend is still in force in EUR/CHF. Outlook will continue to stay bearish as long as 55 M EMA (now at 0.9919) holds.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9372; (P) 0.9402; (R1) 0.9417; More….

EURCHF reversed after hitting 0.9428 but recovered quickly ahead of 0.9291 support Intraday bias is turned neutral first. On the upside, break of 0.9428 will resume the rebound from 0.9218 through 0.9445 resistance. However, break of 0.9291 will bring retest of 0.9218 instead.

In the bigger picture, prior rejection by long-term falling channel resistance (now at 0.9527) retains medium term bearishness. That is, down trend from 1.2004 (2018 high) is still in progress. Firm break of 0.9204 (2024 low) will confirm resumption. This will remain the favored case as long as 0.9660 resistance holds.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9401; (P) 0.9415; (R1) 0.9442; More….

Breach of 0.9419 resistance suggests that EUR/CHF’s rebound from 0.9218 might be resuming. Intraday bias is mildly on the upside for 0.9445 resistance first. Firm break there will target 100% projection of 0.9218 to 0.9445 from 0.9291 at 0.9518. On the downside, though, break of 0.9362 will turn bias back to the downside for 0.9291 support instead.

In the bigger picture, prior rejection by long-term falling channel resistance (now at 0.9527) retains medium term bearishness. That is, down trend from 1.2004 (2018 high) is still in progress. Firm break of 0.9204 (2024 low) will confirm resumption. This will remain the favored case as long as 0.9660 resistance holds.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9375; (P) 0.9390; (R1) 0.9417; More….

Intraday bias in EUR/CHF remains neutral for the moment. On the upside, break of 0.9419 resistance will argue that the rise from 0.9218, either as a correction to fall from 0.9660, or the third leg of the pattern from 0.9204, is ready to resume through 0.9445. Nevertheless, on the downside, firm break of 0.9291 will bring retest of 0.9218 low.

In the bigger picture, prior rejection by long-term falling channel resistance (now at 0.9527) retains medium term bearishness. That is, down trend from 1.2004 (2018 high) is still in progress. Firm break of 0.9204 (2024 low) will confirm resumption. This will remain the favored case as long as 0.9660 resistance holds.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9352; (P) 0.9380; (R1) 0.9396; More….

No change in EUR/CHF’s outlook as range trading continues. Intraday bias stays neutral for the moment. Price actions from 0.9445 are seen as a triangle consolidation pattern, and thus rise from 0.9218 is not finished. Break of 0.9419 will argue that the rise, either as a correction to fall from 0.9660, or the third leg of the pattern from 0.9204, is ready to resume through 0.9445. Nevertheless, on the downside, firm break of 0.9291 will bring retest of 0.9218 low.

In the bigger picture, prior rejection by long-term falling channel resistance (now at 0.9527) retains medium term bearishness. That is, down trend from 1.2004 (2018 high) is still in progress. Firm break of 0.9204 (2024 low) will confirm resumption. This will remain the favored case as long as 0.9660 resistance holds.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9352; (P) 0.9380; (R1) 0.9396; More….

Intraday bias in EUR/CHF stays neutral for the moment. Price actions from 0.9445 are seen as a triangle consolidation pattern, and thus rise from 0.9218 is not finished. Break of 0.9419 will argue that the rise, either as a correction to fall from 0.9660, or the third leg of the pattern from 0.9204, is ready to resume through 0.9445. Nevertheless, on the downside, firm break of 0.9291 will bring retest of 0.9218 low.

In the bigger picture, prior rejection by long-term falling channel resistance (now at 0.9527) retains medium term bearishness. That is, down trend from 1.2004 (2018 high) is still in progress. Firm break of 0.9204 (2024 low) will confirm resumption. This will remain the favored case as long as 0.9660 resistance holds.

EUR/CHF Weekly Outlook

EUR/CHF rebounded last week mildly last week, but failed well ahead of 0.9419 resistance and retreated. Initial bias remains neutral this week first. Price actions from 0.9445 are seen as a triangle consolidation pattern, and thus rise from 0.9218 is not finished. Break of 0.9419 will argue that the rise, either as a correction to fall from 0.9660, or the third leg of the pattern from 0.9204, is ready to resume through 0.9445. Nevertheless, on the downside, firm break of 0.9291 will bring retest of 0.9218 low.

In the bigger picture, prior rejection by long-term falling channel resistance (now at 0.9527) retains medium term bearishness. That is, down trend from 1.2004 (2018 high) is still in progress. Firm break of 0.9204 (2024 low) will confirm resumption. This will remain the favored case as long as 0.9660 resistance holds.

In the long term picture, overall long term down trend is still in force in EUR/CHF. Outlook will continue to stay bearish as long as 55 M EMA (now at 0.9919) holds.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9347; (P) 0.9374; (R1) 0.9408; More….

No change in EUR/CHF’s outlook and intraday bias stays neutral. Rise from 0.9218 might continue, either as a correction to fall from 0.9660, or the third leg of the pattern from 0.9204. On the upside, above 0.9419 will target 0.9445 resistance and above. Nevertheless, on the downside, firm break of 0.9291 will bring retest of 0.9218 low.

In the bigger picture, prior rejection by long-term falling channel resistance (now at 0.9527) retains medium term bearishness. That is, down trend from 1.2004 (2018 high) is still in progress. Firm break of 0.9204 (2024 low) will confirm resumption. This will remain the favored case as long as 0.9660 resistance holds.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9329; (P) 0.9355; (R1) 0.9371; More….

Intraday bias in EUR/CHF remains neutral. Rise from 0.9218 might continue, either as a correction to fall from 0.9660, or the third leg of the pattern from 0.9204. On the upside, above 0.9419 will target 0.9445 resistance and above. Nevertheless, on the downside, firm break of 0.9291 will bring retest of 0.9218 low.

In the bigger picture, prior rejection by long-term falling channel resistance (now at 0.9527) retains medium term bearishness. That is, down trend from 1.2004 (2018 high) is still in progress. Firm break of 0.9204 (2024 low) will confirm resumption. This will remain the favored case as long as 0.9660 resistance holds.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9343; (P) 0.9362; (R1) 0.9392; More….

Intraday bias in EUR/CHF remains neutral as range trading continues. Rise from 0.9218 might continue, either as a correction to fall from 0.9660, or the third leg of the pattern from 0.9204. On the upside, above 0.9419 will target 0.9445 resistance and above. Nevertheless, on the downside, firm break of 0.9291 will bring retest of 0.9218 low.

In the bigger picture, prior rejection by long-term falling channel resistance (now at 0.9527) retains medium term bearishness. That is, down trend from 1.2004 (2018 high) is still in progress. Firm break of 0.9204 (2024 low) will confirm resumption. This will remain the favored case as long as 0.9660 resistance holds.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9333; (P) 0.9343; (R1) 0.9361; More….

Sideway trading continues in EUR/CHF and intraday bias remains neutral. Rise from 0.9218 might continue, either as a correction to fall from 0.9660, or the third leg of the pattern from 0.9204. On the upside, above 0.9419 will target 0.9445 resistance and above. Nevertheless, on the downside, firm break of 0.9291 will bring retest of 0.9218 low.

In the bigger picture, prior rejection by long-term falling channel resistance (now at 0.9527) retains medium term bearishness. That is, down trend from 1.2004 (2018 high) is still in progress. Firm break of 0.9204 (2024 low) will confirm resumption. This will remain the favored case as long as 0.9660 resistance holds.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9318; (P) 0.9339; (R1) 0.9356; More….

Intraday bias in EUR/CHF stays neutral as sideway trading continues. Rise from 0.9218 might continue, either as a correction to fall from 0.9660, or the third leg of the pattern from 0.9204. On the upside, above 0.9419 will target 0.9445 resistance and above. Nevertheless, on the downside, firm break of 0.9291 will bring retest of 0.9218 low.

In the bigger picture, prior rejection by long-term falling channel resistance (now at 0.9527) retains medium term bearishness. That is, down trend from 1.2004 (2018 high) is still in progress. Firm break of 0.9204 (2024 low) will confirm resumption. This will remain the favored case as long as 0.9660 resistance holds.

EUR/CHF Weekly Outlook

EUR/CHF continued to gyrate inside established range last week and outlook is unchanged. Initial bias remains neutral this week first. Rise from 0.9218 might continue, either as a correction to fall from 0.9660, or the third leg of the pattern from 0.9204. On the upside, above 0.9419 will target 0.9445 resistance and above. Nevertheless, on the downside, firm break of 0.9291 will bring retest of 0.9218 low.

In the bigger picture, prior rejection by long-term falling channel resistance (now at 0.9527) retains medium term bearishness. That is, down trend from 1.2004 (2018 high) is still in progress. Firm break of 0.9204 (2024 low) will confirm resumption. This will remain the favored case as long as 0.9660 resistance holds.

In the long term picture, overall long term down trend is still in force in EUR/CHF. Outlook will continue to stay bearish as long as 55 M EMA (now at 0.9919) holds.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9336; (P) 0.9354; (R1) 0.9373; More….

Intraday bias in EUR/CHF remains neutral for the moment as sideway trading is still in progress. Price actions from 0.9218 are seen as either a corrective move or the third leg of the pattern from 0.9204. On the upside, break of 0.9419 will resume the rise from 0.9218 through 0.9445 resistance. However, firm break of 0.9291 support will bring retest of 0.9218 low.

In the bigger picture, prior rejection by long-term falling channel resistance (now at 0.9548) retains medium term bearishness. That is, down trend from 1.2004 (2018 high) is still in progress. Firm break of 0.9204 (2024 low) will confirm resumption. This will remain the favored case as long as 0.9660 resistance holds.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9319; (P) 0.9358; (R1) 0.9379; More….

Sideway trading continues in EUR/CHF and intraday bias remains neutral first. Price actions from 0.9218 are seen as either a corrective move or the third leg of the pattern from 0.9204. On the upside, break of 0.9419 will resume the rise from 0.9218 through 0.9445 resistance. However, firm break of 0.9291 support will bring retest of 0.9218 low.

In the bigger picture, prior rejection by long-term falling channel resistance (now at 0.9548) retains medium term bearishness. That is, down trend from 1.2004 (2018 high) is still in progress. Firm break of 0.9204 (2024 low) will confirm resumption. This will remain the favored case as long as 0.9660 resistance holds.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9344; (P) 0.9367; (R1) 0.9398; More….

Intraday bias in EUR/CHF stays neutral as sideway trading continues. Price actions from 0.9218 are seen as either a corrective move or the third leg of the pattern from 0.9204. On the upside, break of 0.9419 will resume the rise from 0.9218 through 0.9445 resistance. However, firm break of 0.9291 support will bring retest of 0.9218 low.

In the bigger picture, prior rejection by long-term falling channel resistance (now at 0.9548) retains medium term bearishness. That is, down trend from 1.2004 (2018 high) is still in progress. Firm break of 0.9204 (2024 low) will confirm resumption. This will remain the favored case as long as 0.9660 resistance holds.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9326; (P) 0.9347; (R1) 0.9369; More….

Sideway trading continues in EUR/CHF and intraday bias remains neutral. Price actions from 0.9218 are seen as either a corrective move or the third leg of the pattern from 0.9204. On the upside, break of 0.9419 will resume the rise from 0.9218 through 0.9445 resistance. However, firm break of 0.9291 support will bring retest of 0.9218 low.

In the bigger picture, prior rejection by long-term falling channel resistance (now at 0.9548) retains medium term bearishness. That is, down trend from 1.2004 (2018 high) is still in progress. Firm break of 0.9204 (2024 low) will confirm resumption. This will remain the favored case as long as 0.9660 resistance holds.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9290; (P) 0.9335; (R1) 0.9378; More….

Intraday bias in EUR/CHF remains neutral for the moment, and outlook is unchanged. Price actions from 0.9218 are seen as either a corrective move or the third leg of the pattern from 0.9204. On the upside, break of 0.9419 will resume the rise from 0.9218 through 0.9445 resistance. However, firm break of 0.9296 support will bring retest of 0.9218 low.

In the bigger picture, prior rejection by long-term falling channel resistance (now at 0.9548) retains medium term bearishness. That is, down trend from 1.2004 (2018 high) is still in progress. Firm break of 0.9204 (2024 low) will confirm resumption. This will remain the favored case as long as 0.9660 resistance holds.