Daily Pivots: (S1) 1.0924; (P) 1.0938; (R1) 1.0951; More…

EUR/CHF is staying in consolidation below 1.0986 short term top and intraday bias remains neutral. More consolidative trading would be seen with risk of another dip. But downside should be contained by 1.0791/0872 support zone to bring rise resumption. Outlook is unchanged that corrective pattern from 1.1198 has completed already after defending 1.0653 fibonacci level. Firm break of 1.0999 resistance will pave the way for a retest on 1.1198 high.

In the bigger picture, the price actions from 1.1198 are seen as a corrective move. Current strong rebound is raising the chance that it’s completed after defending 38.2% retracement of 0.9771 to 1.1198 at 1.0653. Decisive break of 1.0999 resistance will target a test on 1.1198 high. For now, this will be the preferred case as long as 1.0791 support holds.

Daily Pivots: (S1) 1.0912; (P) 1.0949; (R1) 1.0978; More…

Intraday bias in EUR/CHF remains neutral for consolidation first. Outlook is unchanged that corrective pattern from 1.1198 has completed already after defending 1.0653 fibonacci level. Downside of the current consolidation should be contained by 1.0791/0872 support zone to bring rise resumption. Firm break of 1.0999 resistance will pave the way for a retest on 1.1198 high.

In the bigger picture, the price actions from 1.1198 are seen as a corrective move. Current strong rebound is raising the chance that it’s completed after defending 38.2% retracement of 0.9771 to 1.1198 at 1.0653. Decisive break of 1.0999 resistance will target a test on 1.1198 high. For now, this will be the preferred case as long as 1.0791 support holds.

EUR/CHF’s strong rally last week affirmed our view of trend reversal. That is, corrective pattern from 1.1198 has completed already after defending 1.0653 fibonacci level. Nonetheless, as the cross lost momentum ahead of 1.0999 resistance, we’d expect some more consolidation in near term before another rally.

Initial bias in EUR/CHF stays neutral this week for consolidation. Deeper pull back could be seen but downside is expected to be contained by 1.0791/0872 support zone to bring rise resumption. As noted before, the consolidative pattern from 1.1198 should be completed. Firm break of 1.0999 resistance will pave the way for a retest on 1.1198 high.

In the bigger picture, the price actions from 1.1198 are seen as a corrective move. Current strong rebound is raising the chance that it’s completed after defending 38.2% retracement of 0.9771 to 1.1198 at 1.0653. Decisive break of 1.0999 resistance will target a test on 1.1198 high. For now, this will be the preferred case as long as 1.0791 support holds.

Daily Pivots: (S1) 1.0925; (P) 1.0949; (R1) 1.0969; More…

A temporary top is in place at 1.0977 in EUR/CHF and intraday bias is turned neutral for the moment. Some consolidations could be seen but downside of retreat should be contained by 1.0791/0872 support zone to bring rise resumption. As noted before, the consolidative pattern from 1.1198 should be completed. Firm break of 1.0999 resistance will pave the way for a retest on 1.1198 high.

In the bigger picture, the price actions from 1.1198 are seen as a corrective move. Current strong rebound is raising the chance that it’s completed after defending 38.2% retracement of 0.9771 to 1.1198 at 1.0653. Decisive break of 1.0999 resistance will target a test on 1.1198 high. For now, this will be the preferred case as long as 1.0791 support holds.

Daily Pivots: (S1) 1.0942; (P) 1.0958; (R1) 1.0978; More…

Intraday bias in EUR/CHF remains on the upside for 1.0999 resistance first. As noted before, the consolidative pattern from 1.1198 should be completed. Break of 1.0999 will pave the way for a retest on 1.1198 high. On the downside, below 1.0917 minor support will turn bias neutral and bring consolidation. But retreat should be contained by 1.0791/0872 support zone to bring rise resumption.

In the bigger picture, the price actions from 1.1198 are seen as a corrective move. Current strong rebound is raising the chance that it’s completed after defending 38.2% retracement of 0.9771 to 1.1198 at 1.0653. Decisive break of 1.0999 resistance will target a test on 1.1198 high. For now, this will be the preferred case as long as 1.0791 support holds.

Daily Pivots: (S1) 1.0907; (P) 1.0942; (R1) 1.0990; More…

Intraday bias in EUR/CHF remains on the upside for 1.0999 resistance first. As noted before, the consolidative pattern from 1.1198 should be completed. Break of 1.0999 will pave the way for a retest on 1.1198 high. On the downside, below 1.0872 minor support will turn bias neutral and bring consolidation. But retreat should be contained by 1.0791 support to bring another rally.

In the bigger picture, the price actions from 1.1198 are seen as a corrective move. Current strong rebound is raising the chance that it’s completed after defending 38.2% retracement of 0.9771 to 1.1198 at 1.0653. Decisive break of 1.0999 resistance will target a test on 1.1198 high. For now, this will be the preferred case as long as 1.0791 support holds.

Daily Pivots: (S1) 1.0867; (P) 1.0892; (R1) 1.0936; More…

EUR/CHF’s rally extends to as high as 1.0917 so far. The firm break of 1.0897 resistance as well as the medium term falling trend line affirmed our view of trend reversal. That is, whole correction from 1.1198 is completed. This is also supported by upside acceleration as seen in daily MACD. Intraday bias bias remains on the upside for 1.0999 resistance next. Break there will pave the way for a retest on 1.1198 high. On the downside, below 1.0872 minor support will turn bias neutral and bring consolidation. But retreat should be contained by 1.0791 support to bring another rally.

In the bigger picture, the price actions from 1.1198 are seen as a corrective move. Current strong rebound is raising the chance that it’s completed after defending 38.2% retracement of 0.9771 to 1.1198 at 1.0653. Decisive break of 1.0999 resistance will target a test on 1.1198 high. For now, this will be the preferred case as long as 1.0791 support holds.

Daily Pivots: (S1) 1.0831; (P) 1.0848; (R1) 1.0870; More…

Breach of 1.0872 suggests rise resumption in EUR/CHF. Intraday bias is turned back to the upside for 1.0897 resistance. Decisive break there should confirm our bullish view of reversal and will target 1.0999 resistance next. However, break of 1.0791 support will indicate short term topping and turn bias back to the downside for 55 day EMA (now at 1.0739).

In the bigger picture, the price actions from 1.1198 are seen as a corrective move. Current strong rebound is raising the chance that it’s completed after defending 38.2% retracement of 0.9771 to 1.1198 at 1.0653. Decisive break of 1.0999 resistance will target a test on 1.1198 high. For now, this will be the preferred case as long as 1.0652 support holds.

EUR/CHF engaged in sideway trading last week and outlook is unchanged. We’re holding on to the bullish view of trend reversal. Upside break out is expected after the consolidation completes.

Initial bias in EUR/CHF is neutral this week first. Further rally is expected as long s 1.0791 support holds. Break of 1.0872 will extend current rise to 1.0897 resistance. Decisive break there should confirm our bullish view of reversal and will target 1.0999 resistance next However, break of 1.0791 support will indicate short term topping and turn bias back to the downside for 55 day EMA (now at 1.0739).

In the bigger picture, the price actions from 1.1198 are seen as a corrective move. Current strong rebound is raising the chance that it’s completed after defending 38.2% retracement of 0.9771 to 1.1198 at 1.0653. Decisive break of 1.0999 resistance will target a test on 1.1198 high. For now, this will be the preferred case as long as 1.0652 support holds.

Daily Pivots: (S1) 1.0815; (P) 1.0834; (R1) 1.0852; More…

Intraday bias in EUR/CHF remains neutral for the moment. Further rise is expected with 1.0791 support intact. Above 1.0872 will target 1.0897 resistance. Decisive break there should confirm our bullish view of reversal and will target 1.0999 resistance next Nonetheless, break of 1.0798 support will indicate short term topping and turn focus back to 55 day EMA (now at 1.0738).

In the bigger picture, the price actions from 1.1198 are seen as a corrective move. Current strong rebound is raising the chance that it’s completed after defending 38.2% retracement of 0.9771 to 1.1198 at 1.0653. Decisive break of 1.0999 resistance will target a test on 1.1198 high. For now, this will be the preferred case as long as 1.0652 support holds.

Daily Pivots: (S1) 1.0798; (P) 1.0819; (R1) 1.0845; More…

Despite dipping to 1.0791, EUR/CHF quickly recovered and intraday bias remains neutral first. At this point, further rally is still expected and break of 1.0872 should target 1.0897 resistance. Decisive break there should confirm our bullish view of reversal and will target 1.0999 resistance next Nonetheless, break of 1.0798 support will indicate short term topping and turn focus back to 55 day EMA (now at 1.0735).

In the bigger picture, the price actions from 1.1198 are seen as a corrective move. Current strong rebound is raising the chance that it’s completed after defending 38.2% retracement of 0.9771 to 1.1198 at 1.0653. Decisive break of 1.0999 resistance will target a test on 1.1198 high. For now, this will be the preferred case as long as 1.0652 support holds.

Daily Pivots: (S1) 1.0811; (P) 1.0842; (R1) 1.0869; More…

Despite edging higher to 1.0872, EUR/CHF quickly retreated. Intraday bias is turned neutral again. At this point, further rally is still expected and break of 1.0872 should target 1.0897 resistance. Decisive break there should confirm our bullish view of reversal and will target 1.0999 resistance next Nonetheless, break of 1.0798 support will indicate short term topping and turn focus back to 55 day EMA (now at 1.0731).

In the bigger picture, the price actions from 1.1198 are seen as a corrective move. Current strong rebound is raising the chance that it’s completed after defending 38.2% retracement of 0.9771 to 1.1198 at 1.0653. Decisive break of 1.0999 resistance will target a test on 1.1198 high. For now, this will be the preferred case as long as 1.0652 support holds.

Daily Pivots: (S1) 1.0837; (P) 1.0849; (R1) 1.0871; More…

Break of 1.0869 temporary top suggests resumption of recent rebound from 1.0629. Intraday bias is back on the upside for 1.0897 resistance first. t. Decisive break there should confirm our bullish view of reversal and will target 1.0999 resistance next. On the downside, break of 1.0798 support will is needed to indicate short term topping. Otherwise, outlook will remain cautiously bullish in cas of retreat.

In the bigger picture, the price actions from 1.1198 are seen as a corrective move. Current strong rebound is raising the chance that it’s completed after defending 38.2% retracement of 0.9771 to 1.1198 at 1.0653. Decisive break of 1.0999 resistance will target a test on 1.1198 high. For now, this will be the preferred case as long as 1.0652 support holds.

Daily Pivots: (S1) 1.0807; (P) 1.0826; (R1) 1.0853; More…

Intraday bias in EUR/CHF remains neutral for consolidation below 1.0869 temporary top. Downside of retreat should be contained by 1.0781 support and bring another rally. Above 1.0869 will target 1.0897 resistance next. Decisive break there should confirm our bullish view of reversal. However, break of 1.0781 will bring deeper fall back towards 1.0652 support instead.

In the bigger picture, the price actions from 1.1198 are seen as a corrective move. Current strong rebound is raising the chance that it’s completed after defending 38.2% retracement of 0.9771 to 1.1198 at 1.0653. Decisive break of 1.0999 resistance will target a test on 1.1198 high. For now, this will be the preferred case as long as 1.0652 support holds.

EUR/CHF surged to as high as 1.0869 last week and formed a temporary top there. It then turned into sideway consolidation. The firm break of 1.0823 is taken as a signal of larger reversal. Hence, further rally is expected in near term to 1.0897 resistance next.

Initial bias in EUR/CHF is neutral this week for consolidation first. Downside of retreat should be contained by 1.0781 minor support and bring another rise. Above 1.0869 will target 1.0897 resistance next. Decisive break there should confirm our bullish view of reversal. However, break of 1.0781 will bring deeper fall back towards 1.0652 support instead.

In the bigger picture, the price actions from 1.1198 are seen as a corrective move. Current strong rebound is raising the chance that it’s completed after defending 38.2% retracement of 0.9771 to 1.1198 at 1.0653. Decisive break of 1.0999 resistance will target a test on 1.1198 high. For now, this will be the preferred case as long as 1.0652 support holds.

Daily Pivots: (S1) 1.0791; (P) 1.0819; (R1) 1.0838; More…

Intraday bias in EUR/CHF remains neutral for consolidation below 1.0869 temporary top. We’d expect downside of retreat to be contained by 1.0781 minor support and bring another rally. Above 1.0869 will target 1.0897 resistance next. Break there will confirm trend reversal. Nonetheless, break of 1.0781 will bring deeper fall back towards 1.0652 support instead.

In the bigger picture, the price actions from 1.1198 are seen as a corrective move. Current strong rebound is raising the chance that it’s completed after defending 38.2% retracement of 0.9771 to 1.1198 at 1.0653. Decisive break of 1.0823 resistance will affirm this bullish case. Further break of 1.0999 will target a test on 1.1198 high. For now, this will be the preferred case as long as 1.0652 support holds.

Daily Pivots: (S1) 1.0807; (P) 1.0838; (R1) 1.0860; More…

A temporary top is in place at 1.0869 and intraday bias in EUR/CHF is turned neutral for the moment. Some consolidations could be seen but downside should be contained by 1.0781 and bring another rise. Above 1.0869 will target 1.0897 resistance next. Break there will confirm trend reversal. Nonetheless, break of 1.0781 will bring deeper fall back towards 1.0652 support instead.

In the bigger picture, the price actions from 1.1198 are seen as a corrective move. Current strong rebound is raising the chance that it’s completed after defending 38.2% retracement of 0.9771 to 1.1198 at 1.0653. Decisive break of 1.0823 resistance will affirm this bullish case. Further break of 1.0999 will target a test on 1.1198 high. For now, this will be the preferred case as long as 1.0652 support holds.

Daily Pivots: (S1) 1.0822; (P) 1.0846; (R1) 1.0878; More…

Intraday bias in EUR/CHF remains on the upside for the moment. The break of 1.0823 resistance indicates resumption of rise from 1.0629 and carries larger bullish implication. Further rise should now be seen to 1.0897 resistance next. On the downside, below 1.0813 minor support will turn intraday bias neutral and bring retreat first, before staging another rally.

In the bigger picture, the price actions from 1.1198 are seen as a corrective move. Current strong rebound is raising the chance that it’s completed after defending 38.2% retracement of 0.9771 to 1.1198 at 1.0653. Decisive break of 1.0823 resistance will affirm this bullish case. Further break of 1.0999 will target a test on 1.1198 high. For now, this will be the preferred case as long as 1.0652 support holds.

Daily Pivots: (S1) 1.0788; (P) 1.0812; (R1) 1.0844; More…

Intraday bias in EUR/CHF remains on the upside for the moment. The break of 1.0823 resistance indicates resumption of rise from 1.0629 and carries larger bullish implication. Further rise should now be seen to 1.0897 resistance next. On the downside, below 1.0781 minor support will turn intraday bias neutral and bring retreat first, before staging another rally.

In the bigger picture, the price actions from 1.1198 are seen as a corrective move. Current strong rebound is raising the chance that it’s completed after defending 38.2% retracement of 0.9771 to 1.1198 at 1.0653. Decisive break of 1.0823 resistance will affirm this bullish case. Further break of 1.0999 will target a test on 1.1198 high. For now, this will be the preferred case as long as 1.0652 support holds.

Daily Pivots: (S1) 1.0662; (P) 1.0686; (R1) 1.0701; More…

EUR/CHF surges sharply to as high as 1.0815 and the development argues that whole rise from 1.0629 is resuming. Intraday bias is back on the upside for 1.0823 resistance first. Decisive break there will carry larger bullish implications and will target 1.0897 resistance next. On the downside, break of 1.0718 support is needed to indicate short term reversal. Otherwise, outlook will remain bullish in case of retreat.

In the bigger picture, the price actions from 1.1198 are seen as a corrective move. Current strong rebound is raising the chance that it’s completed after defending 38.2% retracement of 0.9771 to 1.1198 at 1.0653. Decisive break of 1.0823 resistance will affirm this bullish case. Further break of 1.0999 will target a test on 1.1198 high. For now, this will be the preferred case as long as 1.0652 support holds.