EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9539; (P) 0.9562; (R1) 0.9593; More….

Intraday bias in EUR/CHF remains neutral as consolidations continue below 0.9660. Further rally is expected as long as 0.9489 support holds. Sustained trading above 100% projection of 0.9204 to 0.9516 from 0.9331 at 0.9643 will pave the way to 161.8% projection at 0.9836 next.

In the bigger picture, prior strong break of 55 W EMA (now at 0.9487) is a medium term bullish sign. Sustained break trading above long-term falling channel resistance (at around 0.9620) would suggest that the downtrend from 1.2004 (2018 high) has bottomed at 0.9204. Stronger rally should then be see to 0.9928 key resistance at least.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9533; (P) 0.9577; (R1) 0.9611; More….

EUR/CHF is extending consolidations below 0.9660 and intraday bias remains neutral. Further rally is expected as long as 0.9489 support holds. Sustained trading above 100% projection of 0.9204 to 0.9516 from 0.9331 at 0.9643 will pave the way to 161.8% projection at 0.9836 next.

In the bigger picture, prior strong break of 55 W EMA (now at 0.9487) is a medium term bullish sign. Sustained break trading above long-term falling channel resistance (at around 0.9620) would suggest that the downtrend from 1.2004 (2018 high) has bottomed at 0.9204. Stronger rally should then be see to 0.9928 key resistance at least.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9569; (P) 0.9603; (R1) 0.9630; More….

Intraday bias n EUR/CHF remains neutral and some more consolidations could be seen below 0.9660. However, further rally is expected as long as 0.9489 support holds. Sustained trading above 100% projection of 0.9204 to 0.9516 from 0.9331 at 0.9643 will pave the way to 161.8% projection at 0.9836 next.

In the bigger picture, prior strong break of 55 W EMA (now at 0.9487) is a medium term bullish sign. Sustained break trading above long-term falling channel resistance (at around 0.9620) would suggest that the downtrend from 1.2004 (2018 high) has bottomed at 0.9204. Stronger rally should then be see to 0.9928 key resistance at least.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9607; (P) 0.9622; (R1) 0.9636; More….

No change in EUR/CHF’s outlook and intraday bias stays neutral first. Further rise is expected as long as 0.9489 support holds. Sustained trading above 100% projection of 0.9204 to 0.9516 from 0.9331 at 0.9643 will pave the way to 161.8% projection at 0.9836 next.

In the bigger picture, prior strong break of 55 W EMA (now at 0.9487) is a medium term bullish sign. Sustained break trading above long-term falling channel resistance (at around 0.9620) would suggest that the downtrend from 1.2004 (2018 high) has bottomed at 0.9204. Stronger rally should then be see to 0.9928 key resistance at least.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9580; (P) 0.9621; (R1) 0.9673; More….

Intraday bias in EUR/CHF remains neutral for the moment, and further rise is expected as long as 0.9489 support holds. Sustained trading above 100% projection of 0.9204 to 0.9516 from 0.9331 at 0.9643 will pave the way to 161.8% projection at 0.9836 next.

In the bigger picture, prior strong break of 55 W EMA (now at 0.9487) is a medium term bullish sign. Sustained break trading above long-term falling channel resistance (at around 0.9620) would suggest that the downtrend from 1.2004 (2018 high) has bottomed at 0.9204. Stronger rally should then be see to 0.9928 key resistance at least.

EUR/CHF Weekly Outlook

EUR/CHF gyrated higher last week after brief retreat, but lacked momentum to push through 100% projection of 0.9204 to 0.9516 from 0.9331 at 0.9643 decisively. Initial bias stays neutral this week first. Further rise is expected as long as 0.9489 support holds. Sustained trading above 0.9643 will pave the way to 161.8% projection at 0.9836 next.

In the bigger picture, prior strong break of 55 W EMA (now at 0.9487) is a medium term bullish sign. Sustained break trading above long-term falling channel resistance (at around 0.9620) would suggest that the downtrend from 1.2004 (2018 high) has bottomed at 0.9204. Stronger rally should then be see to 0.9928 key resistance at least.

In the long term picture, bullish signs are emerging. However, the important hurdle at 0.9928 resistance, which is close to 55 M EMA (now at 0.9960), is needed to be taken out decisively before considering long term trend reversal. Otherwise, outlook is neutral at best.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9549; (P) 0.9586; (R1) 0.9607; More….

Intraday bias in EUR/CHF remains neutral for consolidations below 0.9648. Further rally is expected as long as 0.9489 support holds. On the upside, firm break of 100% projection of 0.9204 to 0.9516 from 0.9331 at 0.9643 will pave the way to 161.8% projection at 0.9836 next.

In the bigger picture, the strong break of 55 W EMA (now at 0.9482) is a medium term bullish sign. Sustained break trading above long-term falling channel resistance (at around 0.9620) would suggest that the downtrend from 1.2004 (2018 high) has bottomed at 0.9204. Stronger rally should then be see to 0.9928 key resistance at least.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9582; (P) 0.9617; (R1) 0.9635; More….

Intraday bias in EUR/CHF is turned neutral as it retreated after failing to sustain above 100% projection of 0.9204 to 0.9516 from 0.9331 at 0.9643. Further rally is expected as long as 0.9489 support holds. Firm break of 0.9643 will pave the way to 161.8% projection at 0.9836 next.

In the bigger picture, the strong break of 55 W EMA (now at 0.9482) is a medium term bullish sign. Sustained break trading above long-term falling channel resistance (at around 0.9620) would suggest that the downtrend from 1.2004 (2018 high) has bottomed at 0.9204. Stronger rally should then be see to 0.9928 key resistance at least.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9555; (P) 0.9602; (R1) 0.9686; More….

EUR/CHF’s rally resumed by breaching 0.9634 and intraday bias is back on the upside. Sustained break of 100% projection of 0.9204 to 0.9516 from 0.9331 at 0.9643 will pave the way to 161.8% projection at 0.9836 next. For now, further rise is expected as long as 0.9489 support holds, in case of retreat.

In the bigger picture, the strong break of 55 W EMA (now at 0.9482) is a medium term bullish sign. Sustained break trading above long-term falling channel resistance (at around 0.9620) would suggest that the downtrend from 1.2004 (2018 high) has bottomed at 0.9204. Stronger rally should then be see to 0.9928 key resistance at least.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9505; (P) 0.9531; (R1) 0.9571; More….

EUR/CHF is staying in consolidations below 0.9634 and intraday bias remains neutral. Further rally will be expected as long as 55 4H EMA (now at 0.9485) holds. On the upside, above 0.9634, and sustained trading above 61.8% retracement of 0.9928 to 0.9204 at 0.9651 will pave the way back to 0.9928 key resistance next.

In the bigger picture, the strong break of 55 W EMA (now at 0.9482) is a medium term bullish sign. Sustained break trading above long-term falling channel resistance (at around 0.9620) would suggest that the downtrend from 1.2004 (2018 high) has bottomed at 0.9204. Stronger rally should then be see to 0.9928 key resistance at least.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9484; (P) 0.9560; (R1) 0.9605; More….

Intraday bias in EUR/CHF remains neutral for consolidations below 0.9634. Further rally will be expected as long as 55 4H EMA (now at 0.9472) holds. On the upside, above 0.9634, and sustained trading above 0.9651 fibonacci level will pave the way back to 0.9928 key resistance next.

In the bigger picture, the strong break of 55 W EMA (now at 0.9482) is a medium term bullish sign. Sustained break trading above long-term falling channel resistance (at around 0.9620) would suggest that the downtrend from 1.2004 (2018 high) has bottomed at 0.9204. Stronger rally should then be see to 0.9928 key resistance at least.

EUR/CHF Weekly Outlook

EUR/CHF surged to as high as 0.9634 last week but faced strong resistance from long term falling channel and retreated. Initial bias stays neutral this week first and some more consolidations could be seen. Further rally will be expected as long as 55 4H EMA (now at 0.9467) holds. On the upside, above 0.9634, and sustained trading above 0.9651 fibonacci level will pave the way back to 0.9928 key resistance next.

In the bigger picture, the strong break of 55 W EMA (now at 0.9482) is a medium term bullish sign. Sustained break trading above long-term falling channel resistance (at around 0.9620) would suggest that the downtrend from 1.2004 (2018 high) has bottomed at 0.9204. Stronger rally should then be see to 0.9928 key resistance at least.

In the long term picture, bullish signs are emerging. However, the important hurdle at 0.9928 resistance, which is close to 55 M EMA (now at 0.9960), is needed to be taken out decisively before considering long term trend reversal. Otherwise, outlook is neutral at best.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9484; (P) 0.9560; (R1) 0.9605; More….

EUR/CHF retreated ahead of 100% projection of 0.8204 to 0.9516 from 0.9331 at 0.9643 and intraday bias is turned neural for some consolidations. Further rally is expected as long as 0.9516 resistance turned support holds. ON the upside, firm break of 0.9634 will target 0.9928 key structural resistance. However, sustained trading below 0.9516 will mix up the outlook and turn focus back to 0.9331 support.

In the bigger picture, the strong break of 55 W EMA (now at 0.9484) is a medium term bullish sign. Sustained break trading above long-term falling channel resistance (at around 0.9620) would suggest that the downtrend from 1.2004 (2018 high) has finally bottomed at 0.9204. Further break of 0.9928 will solidify this bullish case, and bring stronger medium term rise even still as a corrective move.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9491; (P) 0.9557; (R1) 0.9677; More….

Intraday bias in EUR/CHF stays on the upside for the moment. Firm break of 100% projection of 0.8204 to 0.9516 from 0.9331 at 0.9643 will extend the rise from 0.9204 to retest 0.9928 key structural resistance. For now, further rally will remain in favor as long as 0.9516 resistance turned support holds, in case of retreat.

In the bigger picture, the strong break of 55 W EMA (now at 0.9484) is a medium term bullish sign. Sustained break trading above long-term falling channel resistance (at around 0.9620) would suggest that the downtrend from 1.2004 (2018 high) has finally bottomed at 0.9204. Further break of 0.9928 will solidify this bullish case, and bring stronger medium term rise even still as a corrective move.

EUR/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9381; (P) 0.9417; (R1) 0.9489; More….

EUR/CHF’s strong break of 0.9516 resistance confirms resumption of whole rally from 0.9204. Intraday bias is back on the upside for 100% projection of 0.8204 to 0.9516 from 0.9331 at 0.9643. On the downside, below 0.9502 minor support will turn intraday bias neutral and bring consolidations first, before staging another rally.

In the bigger picture, sustained trading above 38.2% retracement of 0.9928 to 0.9204 at 0.9481 should now confirm that whole fall from 0.9928 (2024 high) has completed at 0.9204. Further rally should then be seen back to 61.8% retracement at 0.9651 and possibly further this retest 0.9928 key structural resistance (2024 high).

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9381; (P) 0.9417; (R1) 0.9489; More….

Range trading continues in EUR/CHF and intraday bias stays neutral. On the upside, firm break of 0.95167 will resume the rebound from 0.9204 and target 100% projection of 0.8204 to 0.9516 from 0.9331 at 0.9643. Nevertheless, break of 0.9331 will resume the fall from 0.9516 to retest 0.9204 low.

In the bigger picture, sustained trading above 38.2% retracement of 0.9928 to 0.9204 at 0.9481 should confirm that whole fall from 0.9928 (2024 high) has completed at 0.9204. Further rally should then be seen back to 61.8% retracement at 0.9651 and above. However, another rejection by 0.9481 will keep outlook bearish for extending larger down trend through 0.9204 at a later stage.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9369; (P) 0.9403; (R1) 0.9439; More….

Intraday bias in EUR/CHF stays neutral at this point. On the upside, firm break of 0.95167 will resume the rebound from 0.9204 and next fibonacci level at 0.9651. Nevertheless, break of 0.9331 will resume the fall from 0.9516 to retest 0.9204 low.

In the bigger picture, sustained trading above 38.2% retracement of 0.9928 to 0.9204 at 0.9481 should confirm that whole fall from 0.9928 (2024 high) has completed at 0.9204. Further rally should then be seen back to 61.8% retracement at 0.9651 and above. However, another rejection by 0.9481 will keep outlook bearish for extending larger down trend through 0.9204 at a later stage.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9333; (P) 0.9369; (R1) 0.9404; More….

Intraday bias in EUR/CHF remains neutral for the moment, but further decline is expected with 0.9414 resistance intact. Corrective rise from 0.9204 could have completed at 0.9516 already. Below 0.9331 will target a retest on this low. However, break of 0.9414 resistance will mix up the near term outlook again.

In the bigger picture, sustained trading above 38.2% retracement of 0.9928 to 0.9204 at 0.9481 should confirm that whole fall from 0.9928 has completed at 0.9204. Further rally should then be seen back to 61.8% retracement at 0.9651 and above. However, another rejection by 0.9481 will keep outlook bearish for extending larger down trend through 0.9204 at a later stage.

EUR/CHF Weekly Outlook

EUR/CHF’s extended decline and break of 0.9359 support revived the case that corrective rise from 0.9204 has already completed at 0.9516. Further fall is expected this week as long as 0.9414 resistance holds, to retest 0.9204 low. On the upside, though, break of 0.9414 resistance will mix up the outlook again and turn intraday bias neutral.

In the bigger picture, sustained trading above 38.2% retracement of 0.9928 to 0.9204 at 0.9481 should confirm that whole fall from 0.9928 has completed at 0.9204. Further rally should then be seen back to 61.8% retracement at 0.9651 and above. However, another rejection by 0.9481 will keep outlook bearish for extending larger down trend through 0.9204 at a later stage.

In the long term picture, as long as 0.9928 resistance holds, the multi-decade down trend remains intact, with decline from 1.2004 (2018 high) as another falling leg. Decisive break of 0.9252 (2023 low) will confirm long term down trend resumption to 61.8% projection of 1.1149 to 0.9407 from 0.9928 at 0.8851.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9332; (P) 0.9374; (R1) 0.9397; More….

EUR/CHF’s break of 0.9359 support revives the case that corrective rebound from 0.9204 has completed after rejection by 0.9481 fibonacci resistance. Intraday bias is back on the downside for retesting 0.9204 low. On the upside, though, break of 0.9414 resistance will mix up the outlook again and turn intraday bias neutral.

In the bigger picture, sustained trading above 38.2% retracement of 0.9928 to 0.9204 at 0.9481 should confirm that whole fall from 0.9928 has completed at 0.9204. Further rally should then be seen back to 61.8% retracement at 0.9651 and above. However, another rejection by 0.9481 will keep outlook bearish for extending larger down trend through 0.9204 at a later stage.