EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9446; (P) 0.9459; (R1) 0.9472; More

Intraday bias in EUR/CHF is turned neutral with current retreat. Some consolidations could be seen but further rally is expected as long as 0.9404 minor support holds. Above 0.9471 will resume the rebound from 0.9252, as a correction to whole decline from 1.0095. Next target will be 38.2% retracement of 1.0095 to 0.9252 at 0.9574. However, break of 0.9404 will turn bias to the downside for deeper fall.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Current fall from 1.2004 (2018 high) is part of the multi-decade down trend. Another decline is in favor after rebound from 0.9252 completes. However, firm break of 0.9683, and sustained trading above 55 W EMA (now at 0.9659) will argue that EUR/CHF is already in a medium term rally, even as a corrective move.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9440; (P) 0.9456; (R1) 0.9475; More

Intraday bias in EUR/CHF stays on the upside for the moment. Rebound from 0.9252 is seen as correcting whole down trend from 1.0095. Further rally should be seen to 38.2% retracement of 1.0095 to 0.9252 at 0.9574. On the downside, below 0.9404 minor support will turn intraday bias neutral first.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Current fall from 1.2004 (2018 high) is part of the multi-decade down trend. Another decline is in favor after rebound from 0.9252 completes. However, firm break of 0.9683, and sustained trading above 55 W EMA (now at 0.9659) will argue that EUR/CHF is already in a medium term rally, even as a corrective move.

EUR/CHF Weekly Outlook

EUR/CHF’s rebound from 0.9252 short term bottom extended higher last week. The break of 55 D EMA (now at 0.9449) argues that it’s correcting whole down trend from 1.0095. Initial bias stays on the upside this week for 38.2% retracement of 1.0095 to 0.9252 at 0.9574. On the downside, below 0.9404 minor support will turn intraday bias neutral first.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Current fall from 1.2004 (2018 high) is part of the multi-decade down trend. Another decline is in favor after rebound from 0.9252 completes. However, firm break of 0.9683, and sustained trading above 55 W EMA (now at 0.9666) will argue that EUR/CHF is already in a medium term rally, even as a corrective move.

In the long term picture, outlook remains bearish as it’s staying well below 55 M EMA (now at 1.0265). Larger down trend from 1.2004 (2018 high) is in progress.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9416; (P) 0.9431; (R1) 0.9456; More

EUR/CHF’s rally from 0.9252 is still in progress and intraday bias stays on the upside. Sustained trading above 55 D EMA (now at 0.9449) will target 38.2% retracement of 1.0095 to 0.9252 at 0.9574. On the downside, though, break of 0.9357 minor support will turn bias back to the downside for retesting 0.9252 low instead.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Current fall from 1.2004 (2018 high) is part of the multi-decade down trend. Another decline is in favor after rebound from 0.9252 completes.

EUR/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9351; (P) 0.9370; (R1) 0.9389; More

Intraday bias in EUR/CHF remains on the upside at this point. Rebound from 0.9252 short term bottom is in progress for 55 D EMA (now at 0.9448). Sustained break there will target 38.2% retracement of 1.0095 to 0.9252 at 0.9574. On the downside, though, break of 0.9349 minor support will turn bias back to the downside for retesting 0.9252 low instead.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Current fall from 1.2004 (2018 high) is part of the multi-decade down trend. Another decline is in favor after rebound from 0.9252 completes.

EUR/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9351; (P) 0.9370; (R1) 0.9389; More

EUR/CHF’s break of 0.9402 support turned resistance suggests that down trend from 1.0095 has completed at 0.9252 already. Rebound from there is tentatively seen as a corrective move first. Intraday bias is now on the upside for 55 D EMA (now at 0.9451). Sustained break there will target 38.2% retracement of 1.0095 to 0.9252 at 0.9574. On the downside, though, break of 0.9349 minor support will turn bias back to the downside for retesting 0.9252 low instead.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Current fall from 1.2004 (2018 high) is part of the multi-decade down trend. Another decline is in favor after rebound from 0.9252 completes.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9351; (P) 0.9370; (R1) 0.9389; More

EUR/CHF is extending the corrective recovery from 0.9252 and intraday bias stays neutral. Outlook remains bearish with 0.9402 support turned resistance intact. On the downside, break of 0.9252 will resume larger down trend to 100% projection of 0.9995 to 0.9416 from 0.9683 at 0.9104 next. However, firm break of 0.9402 will dampen this view, and turn bias back to the upside for 0.9543 resistance instead.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Current fall from 1.2004 (2018 high) is part of the multi-decade down trend. Next target is 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9338; (P) 0.9359; (R1) 0.9391; More

No change in EUR/CHF’s outlook as price actions from 0.9252 are seen as a consolidation pattern only. Intraday bias remains neutral and outlook stays bearish with 0.9402 support turned resistance intact. On the downside, break of 0.9252 will resume larger down trend to 100% projection of 0.9995 to 0.9416 from 0.9683 at 0.9104 next. However, firm break of 0.9402 will dampen this view, and turn bias back to the upside for 0.9543 resistance instead.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Current fall from 1.2004 (2018 high) is part of the multi-decade down trend. Next target is 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9319; (P) 0.9342; (R1) 0.9359; More

No change in EUR/CHF’s outlook as consolidation from 0.9252 is extending. Intraday bias remains neutral and outlook stays bearish with 0.9402 support turned resistance intact. On the downside, break of 0.9252 will resume larger down trend to 100% projection of 0.9995 to 0.9416 from 0.9683 at 0.9104 next.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Current fall from 1.2004 (2018 high) is part of the multi-decade down trend. Next target is 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.

EUR/CHF Weekly Outlook

EUR/CHF’s recovery from 0.9252 short term bottom extended higher last week, but upside was capped below 0.9402 support turned resistance. Initial bias remains neutral this week and outlook staying bearish. On the downside, break of 0.9252 will resume larger down trend to 100% projection of 0.9995 to 0.9416 from 0.9683 at 0.9104 next.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Current fall from 1.2004 (2018 high) is part of the multi-decade down trend. Next target is 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.

In the long term picture, outlook remains bearish as it’s staying well below 55 M EMA (now at 1.0265). Larger down trend from 1.2004 (2018 high) is in progress.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9321; (P) 0.9348; (R1) 0.9375; More

EUR/CHF recovered higher today but outlook is unchanged. Intraday bias stays neutral first and outlook remains bearish with 0.9402 support turned resistance intact. On the downside, break of 0.9252 will resume larger down trend to 100% projection of 0.9995 to 0.9416 from 0.9683 at 0.9104 next.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Current fall from 1.2004 (2018 high) is part of the multi-decade down trend. Next target is 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9317; (P) 0.9331; (R1) 0.9349; More

No change in EUR/CHF’s outlook as consolidation from 0.9252 is still in progress. While stronger recovery cannot be ruled out, outlook will stay bearish as long as 0.9402 support turned resistance holds. On the downside, break of 0.9252 will resume larger down trend to 100% projection of 0.9995 to 0.9416 from 0.9683 at 0.9104 next.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Current fall from 1.2004 (2018 high) is part of the multi-decade down trend. Next target is 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9290; (P) 0.9306; (R1) 0.9332; More

Intraday bias in EUR/CHF stays neutral as consolidation from 0.9252 is still extending. While another recovery cannot be ruled out, outlook will stay bearish as long as 0.9402 support turned resistance holds. On the downside, break of 0.9252 will resume larger down trend to 100% projection of 0.9995 to 0.9416 from 0.9683 at 0.9104 next.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Current fall from 1.2004 (2018 high) is part of the multi-decade down trend. Next target is 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9274; (P) 0.9296; (R1) 0.9309; More

EUR/CHF is still bounded in consolidation above 0.9252 and intraday bias remains neutral for the moment. While another recovery cannot be ruled out, outlook will stay bearish as long as 0.9402 support turned resistance holds. On the downside, break of 0.9252 will resume larger down trend to 100% projection of 0.9995 to 0.9416 from 0.9683 at 0.9104 next.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Current fall from 1.2004 (2018 high) is part of the multi-decade down trend. Next target is 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9284; (P) 0.9308; (R1) 0.9328; More

Intraday bias in EUR/CHF remains neutral as consolidation from 0.9252 is extending. While another recovery cannot be ruled out, outlook will stay bearish as long as 0.9402 support turned resistance holds. On the downside, break of 0.9252 will resume larger down trend to 100% projection of 0.9995 to 0.9416 from 0.9683 at 0.9104 next.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Current fall from 1.2004 (2018 high) is part of the multi-decade down trend. Next target is 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.

EUR/CHF Weekly Outlook

EUR/CHF stayed in consolidation above 0.9252 last week and outlook is unchanged. Initial bias stays neutral this week first. While another recovery cannot be ruled out, outlook will stay bearish as long as 0.9402 support turned resistance holds. On the downside, break of 0.9252 will resume larger down trend to 100% projection of 0.9995 to 0.9416 from 0.9683 at 0.9104 next.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Current fall from 1.2004 (2018 high) is part of the multi-decade down trend. Next target is 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.

In the long term picture, outlook remains bearish as it’s staying well below 55 M EMA (now at 1.264). Larger down trend from 1.2004 (2018 high) is in progress.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9274; (P) 0.9303; (R1) 0.9334; More

EUR/USD is staying in consolidation from 0.9252 and intraday bias remains neutral. While another recovery cannot be ruled out, outlook will stay bearish as long as 0.9402 support turned resistance holds. On the downside, break of 0.9252 will

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Current fall from 1.2004 (2018 high) is part of the multi-decade down trend. Next target is 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9251; (P) 0.9296; (R1) 0.9318; More

Intraday bias in EUR/CHF remains neutral and consolidation from 0.9252 could extend further. Outlook stays bearish as long as 0.9402 support turned resistance holds. On the downside, break of 0.9252 will resume larger down trend. Next target is 100% projection of 0.9995 to 0.9416 from 0.9683 at 0.9104 next.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Current fall from 1.2004 (2018 high) is part of the multi-decade down trend. Next target is 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9121; (P) 0.9455; (R1) 0.9639; More

Intraday bias in EUR/CHF stays neutral for consolidation above 0.9252. While stronger recovery might be seen, further decline is expected as long as 0.9402 support turned resistance holds. On the downside, break of 0.9252 will resume larger down trend. Next target is 100% projection of 0.9995 to 0.9416 from 0.9683 at 0.9104 next.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Current fall from 1.2004 (2018 high) is part of the multi-decade down trend. Next target is 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9245; (P) 0.9298; (R1) 0.9341; More

Intraday bias in EUR/CHF is turned neutral with current recovery, and some more consolidations would be seen above 0.9252. But further decline is expected as long as 0.9402 support turned resistance holds. On the downside, break of 0.9252 will resume larger down trend. Next target is 100% projection of 0.9995 to 0.9416 from 0.9683 at 0.9104 next.

In the bigger picture, medium term outlook remains bearish as long as 0.9683 resistance holds. Current fall from 1.2004 (2018 high) is part of the multi-decade down trend. Next target is 61.8% projection of 1.1149 (2020 high) to 0.9407 from 1.0095 at 0.9018.