EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9222; (P) 0.9244; (R1) 0.9280; More….

EUR/CHF’s extended rebound suggests that a short term bottom was already formed at 0.9178, and lengthier consolidations would be seen. Still, outlook will remain bearish as long as 0.9325 resistance holds. Firm break of 0.9178 will resume larger down trend.

In the bigger picture, outlook remains bearish with EUR/CHF staying well inside long term falling channel after multiple rejection by 55 W EMA (now at 0.9377). Next target is 61.8% projection of 1.1149 to 0.9407 from 0.9928 at 0.8851. Break of 0.9452 resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will stay bearish in case of strong rebound.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9216; (P) 0.9224; (R1) 0.9235; More….

EUR/CHF is staying in consolidations above 0.9178 and intraday bias remains neutral. Upside of recovery should be limited below 0.9325 resistance to bring another fall. Firm break of 0.9178 will extend the larger down trend and target 100% projection of 0.9452 to 0.9208 from 0.9325 at 0.9082.

In the bigger picture, outlook remains bearish with EUR/CHF staying well inside long term falling channel after multiple rejection by 55 W EMA (now at 0.9377). Next target is 61.8% projection of 1.1149 to 0.9407 from 0.9928 at 0.8851. Break of 0.9452 resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will stay bearish in case of strong rebound.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9196; (P) 0.9213; (R1) 0.9247; More….

Intraday bias in EUR/CHF remains neutral and some consolidations could be seen above 0.9178 temporary low. . Recovery should be limited below 0.9325 resistance to bring another fall. Firm break of 0.9178 will extend the larger down trend and target 100% projection of 0.9452 to 0.9208 from 0.9325 at 0.9082.

In the bigger picture, outlook remains bearish with EUR/CHF staying well inside long term falling channel after multiple rejection by 55 W EMA (now at 0.9377). Next target is 61.8% projection of 1.1149 to 0.9407 from 0.9928 at 0.8851. Break of 0.9452 resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will stay bearish in case of strong rebound.

EUR/CHF Weekly Outlook

EUR/CHF’s down trend resumed by breaking through 0.9205 last week, but recovered after dipping to 0.9178. Initial bias is turned neutral this week and some consolidations could be seen. Recovery should be limited below 0.9325 resistance to bring another fall. Firm break of 0.9178 will target 100% projection of 0.9452 to 0.9208 from 0.9325 at 0.9082.

In the bigger picture, outlook remains bearish with EUR/CHF staying well inside long term falling channel after multiple rejection by 55 W EMA (now at 0.9383). Next target is 61.8% projection of 1.1149 to 0.9407 from 0.9928 at 0.8851. Break of 0.9452 resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will stay bearish in case of strong rebound.

In the long term picture, overall long term down trend is still in progress in EUR/CHF. Outlook will continue to stay bearish as long as 55 M EMA (now at 0.9820) holds.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9207; (P) 0.9233; (R1) 0.9252; More….

Intraday bias in EUR/CHF remains on the downside for 0.9204/8 support zone. Break there will confirm larger down trend resumption. Next near term target is 61.8% projection of 0.9452 to 0.9208 from 0.9325 at 0.9175. Decisive break there could prompt downside acceleration to 100% projection at 0.9082. On the upside, above 0.9256 minor resistance will delay the bearish case and turn bias neutral first.

In the bigger picture, outlook remains bearish with EUR/CHF staying well inside long term falling channel after multiple rejection by 55 W EMA (now at 0.9383). Firm break of 0.9204 will resume the whole down trend from 1.2004 (2018 high). Next target is 61.8% projection of 1.1149 to 0.9407 from 0.9928 at 0.8851. However, break of 0.9452 resistance will now be the first sign of medium term bottoming.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9229; (P) 0.9253; (R1) 0.9273; More….

EUR/CHF’s break of 0.9257 support suggests the rebound from 0.9208 has completed as a correction at 0.9325, after rejection by 55 D EMA (now at 0.9302). Intraday bias back on the downside for retesting 0.9204/8 support zone. Decisive break there will confirm larger down trend resumption. For now, risk will stay on the downside as long as 0.9325 resistance holds, in case of recovery.

In the bigger picture, outlook remains bearish with EUR/CHF staying well inside long term falling channel after multiple rejection by 55 W EMA (now at 0.9383). Firm break of 0.9204 will resume the whole down trend from 1.2004 (2018 high). Next target is 61.8% projection of 1.1149 to 0.9407 from 0.9928 at 0.8851. However, break of 0.9452 resistance will now be the first sign of medium term bottoming.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9252; (P) 0.9287; (R1) 0.9309; More….

Intraday bias in EUR/CHF remains neutral at this point. On the downside, break of 0.9257 support will indicate that rebound from 0.9208 has completed as a corrective move. Deeper fall should be seen to retest 0.9204/8 support zone. Decisive break there will confirm larger down trend resumption. On the upside, break of 0.9325 will resume the rebound from 0.9208.

In the bigger picture, outlook remains bearish with EUR/CHF staying well inside long term falling channel after multiple rejection by 55 W EMA (now at 0.9383). Firm break of 0.9204 will resume the whole down trend from 1.2004 (2018 high). Next target is 61.8% projection of 1.1149 to 0.9407 from 0.9928 at 0.8851. However, break of 0.9452 resistance will now be the first sign of medium term bottoming.

EUR/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9295; (P) 0.9311; (R1) 0.9321; More….

EUR/CHF’s fall from 0.9325 accelerates lower today, and focus is back on 0.9257 support. Firm break there will indicate that rebound from 0.9208 has completed. Retest of this low should be seen next. On the upside, break of 0.9325 will resume the rebound from 0.9208.

In the bigger picture, outlook remains bearish with EUR/CHF staying well inside long term falling channel after multiple rejection by 55 W EMA (now at 0.9383). Firm break of 0.9204 will resume the whole down trend from 1.2004 (2018 high). Next target is 61.8% projection of 1.1149 to 0.9407 from 0.9928 at 0.8851. However, break of 0.9452 resistance will now be the first sign of medium term bottoming.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9295; (P) 0.9311; (R1) 0.9321; More….

Intraday bias EUR/CHF remains neutral at this point. More consolidations could be seen below 0.9325 first. On the upside, break of 0.9325 will target 0.9371 resistance. Break there will pave the way back to 0.9452 resistance next. On the downside, however, break of 0.9257 will revive near term bearishness, and bring retest of 0.9204/8 support zone.

In the bigger picture, outlook remains bearish with EUR/CHF staying well inside long term falling channel after multiple rejection by 55 W EMA (now at 0.9383). Firm break of 0.9204 will resume the whole down trend from 1.2004 (2018 high). Next target is 61.8% projection of 1.1149 to 0.9407 from 0.9928 at 0.8851. However, break of 0.9452 resistance will now be the first sign of medium term bottoming.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9302; (P) 0.9315; (R1) 0.9324; More….

Intraday bias in EUR/CHF stays neutral and more consolidations could be seen below 0.9325 temporary top. On the upside, break of 0.9325 will target 0.9371 resistance. Break there will pave the way back to 0.9452 resistance next. On the downside, however, break of 0.9257 will revive near term bearishness, and bring retest of 0.9204/8 support zone.

In the bigger picture, outlook remains bearish with EUR/CHF staying well inside long term falling channel after multiple rejection by 55 W EMA (now at 0.9383). Firm break of 0.9204 will resume the whole down trend from 1.2004 (2018 high). Next target is 61.8% projection of 1.1149 to 0.9407 from 0.9928 at 0.8851. However, break of 0.9452 resistance will now be the first sign of medium term bottoming.

EUR/CHF Weekly Outlook

EUR/CHF’s extended rebound last week argues that fall from 0.9452 has completed at 0.9208. But as a temporary top was formed at 0.9325, initial bias is turned neutral this week first. On the upside, break of 0.9325 will target 0.9371 resistance. Break there will pave the way back to 0.9452 resistance next. On the downside, however, break of 0.9257 will revive near term bearishness, and bring retest of 0.9204/8 support zone.

In the bigger picture, outlook remains bearish with EUR/CHF staying well inside long term falling channel after multiple rejection by 55 W EMA (now at 0.9383). Firm break of 0.9204 will resume the whole down trend from 1.2004 (2018 high). Next target is 61.8% projection of 1.1149 to 0.9407 from 0.9928 at 0.8851. However, break of 0.9452 resistance will now be the first sign of medium term bottoming.

In the long term picture, overall long term down trend is still in progress in EUR/CHF. Outlook will continue to stay bearish as long as 55 M EMA (now at 0.9820) holds.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9302; (P) 0.9311; (R1) 0.9320; More….

Intraday bias in EUR/CHF remains mildly on this point. Rebound from 0.9208 short term bottom would target 0.9371 resistance first. Firm break there will target 0.9452 next. On the downside, below 0.9283 minor support will turn bias neutral again.

In the bigger picture, outlook remains bearish with EUR/CHF staying well inside long term falling channel after multiple rejection by 55 W EMA (now at 0.9386). Firm break of 0.9204 will resume the whole down trend from 1.2004 (2018 high). Next target is 61.8% projection of 1.1149 to 0.9407 from 0.9928 at 0.8851. Break of 0.9452 resistance is needed to be the first sign of medium term bottoming.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9291; (P) 0.9306; (R1) 0.9326; More….

EUR/CHF’s break of 0.9311 support turned resistance argues that fall from 0.9452 has completed at 0.9208, ahead of 0.9204 low. Intraday bias is back on the upside for 0.9371 resistance first. Firm break there will target 0.9452 next. On the downside, below 0.9283 minor support will turn intraday bias neutral again.

In the bigger picture, outlook remains bearish with EUR/CHF staying well inside long term falling channel after multiple rejection by 55 W EMA (now at 0.9386). Firm break of 0.9204 will resume the whole down trend from 1.2004 (2018 high). Next target is 61.8% projection of 1.1149 to 0.9407 from 0.9928 at 0.8851. Break of 0.9452 resistance is needed to be the first sign of medium term bottoming.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9291; (P) 0.9304; (R1) 0.9318; More….

Intraday bias in EUR/CHF remains neutral for the moment. On the upside, decisive break of 0.9311 support turned resistance and 55 D EMA (now at 0.9307) will suggest that whole fall from 0.9660 has completed as a corrective move. Further rise should then be seen to 0.9452 resistance for confirmation. On the downside, though, below 0.9257 minor support will retain near term bearishness and bring deeper fall to retest 0.9204/8 support zone. Firm break there will resume larger down trend.

In the bigger picture, outlook remains bearish with EUR/CHF staying well inside long term falling channel after multiple rejection by 55 W EMA (now at 0.9386). Firm break of 0.9204 will resume the whole down trend from 1.2004 (2018 high). Next target is 61.8% projection of 1.1149 to 0.9407 from 0.9928 at 0.8851. Break of 0.9452 resistance is needed to be the first sign of medium term bottoming.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9279; (P) 0.9295; (R1) 0.9325; More….

Intraday bias in EUR/CHF stays neutral at this point. On the upside, decisive break of 0.9311 support turned resistance and 55 D EMA (now at 0.9307) will suggest that whole fall from 0.9660 has completed as a corrective move. Further rise should then be seen to 0.9452 resistance for confirmation. On the downside, though, below 0.9257 minor support will retain near term bearishness and bring deeper fall to retest 0.9204/8 support zone. Firm break there will resume larger down trend.

In the bigger picture, outlook remains bearish with EUR/CHF staying well inside long term falling channel after multiple rejection by 55 W EMA (now at 0.9386). Firm break of 0.9204 will resume the whole down trend from 1.2004 (2018 high). Next target is 61.8% projection of 1.1149 to 0.9407 from 0.9928 at 0.8851. Break of 0.9452 resistance is needed to be the first sign of medium term bottoming.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9264; (P) 0.9278; (R1) 0.9297; More….

Intraday bias in EUR/CHF remains neutral for the moment. Price action from 0.9208 is seen as a corrective pattern, and upside should be limited by 0.9311 support turned resistance. On the downside, below 0.9236 minor support will bring retest of 0.9204/8 support zone. Firm break there will resume larger down trend to 61.8% projection of 0.9660 to 0.9218 from 0.9452 at 0.9179. However, sustained break of 0.9311 will bring stronger rebound back to 0.9371 resistance instead.

In the bigger picture, outlook remains bearish with EUR/CHF staying well inside long term falling channel after multiple rejection by 55 W EMA (now at 0.9386). Firm break of 0.9204 will resume the whole down trend from 1.2004 (2018 high). Next target is 61.8% projection of 1.1149 to 0.9407 from 0.9928 at 0.8851. Break of 0.9452 resistance is needed to be the first sign of medium term bottoming.

EUR/CHF Weekly Outlook

EUR/CHF recovered last week but outlook is unchanged. Price action from 0.9208 is seen as a corrective pattern, and upside should be limited by 0.9311 support turned resistance. On the downside, below 0.9236 minor support will bring retest of 0.9204/8 support zone. Firm break there will resume larger down trend to 61.8% projection of 0.9660 to 0.9218 from 0.9452 at 0.9179. However, sustained break of 0.9311 will bring stronger rebound back to 0.9371 resistance instead.

In the bigger picture, outlook remains bearish with EUR/CHF staying well inside long term falling channel after multiple rejection by 55 W EMA (now at 0.9386). Firm break of 0.9204 will resume the whole down trend from 1.2004 (2018 high). Next target is 61.8% projection of 1.1149 to 0.9407 from 0.9928 at 0.8851. Break of 0.9452 resistance is needed to be the first sign of medium term bottoming.

In the long term picture, overall long term down trend is still in progress in EUR/CHF. Outlook will continue to stay bearish as long as 55 M EMA (now at 0.9820) holds.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9266; (P) 0.9278; (R1) 0.9286; More….

Intraday in EUR/CHF remains neutral for the moment. While recovery from 0.9208 could extend, upside should be limited below 0.9311 support turned resistance. On the downside, below 0.9236 will bring retest of 0.9208 low first. Decisive break of 0.9204/8 will confirm larger down trend resumption. Next target is 61.8% projection of 0.9660 to 0.9218 from 0.9452 at 0.9179. However, sustained break of 0.9311 will bring stronger rebound back to 0.9452 resistance instead.

In the bigger picture, outlook remains bearish with EUR/CHF staying well inside long term falling channel after multiple rejection by 55 W EMA (now at 0.9385). Firm break of 0.9204 will resume the whole down trend from 1.2004 (2018 high). Next target is 61.8% projection of 1.1149 to 0.9407 from 0.9928 at 0.8851. Break of 0.9452 resistance is needed to be the first sign of medium term bottoming.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9250; (P) 0.9270; (R1) 0.9301; More….

Intraday bias in EUR/CHF remains neutral. While recovery from 0.9208 could extend, upside should be limited below 0.9311 support turned resistance. On the downside, below 0.9236 will bring retest of 0.9208 low first. Decisive break of 0.9204/8 will confirm larger down trend resumption. Next target is 61.8% projection of 0.9660 to 0.9218 from 0.9452 at 0.9179. However, sustained break of 0.9311 will bring stronger rebound back to 0.9452 resistance instead.

In the bigger picture, outlook remains bearish with EUR/CHF staying well inside long term falling channel after multiple rejection by 55 W EMA (now at 0.9385). Firm break of 0.9204 will resume the whole down trend from 1.2004 (2018 high). Next target is 61.8% projection of 1.1149 to 0.9407 from 0.9928 at 0.8851. Break of 0.9452 resistance is needed to be the first sign of medium term bottoming.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9235; (P) 0.9252; (R1) 0.9263; More….

Intraday bias in EUR/CHF remains neutral and more consolidations could still be seen above 0.9208 support. Upside should be limited below 0.9311 support turned resistance. On the downside, break of 0.9204/8 will confirm larger down trend resumption. Next target is 61.8% projection of 0.9660 to 0.9218 from 0.9452 at 0.9179. Firm break there will target 100% projection at 0.9010.

In the bigger picture, outlook remains bearish with EUR/CHF staying well inside long term falling channel after multiple rejection by 55 W EMA (now at 0.9385). Firm break of 0.9204 will resume the whole down trend from 1.2004 (2018 high). Next target is 61.8% projection of 1.1149 to 0.9407 from 0.9928 at 0.8851. Break of 0.9452 resistance is needed to be the first sign of medium term bottoming.