Daily Pivots: (S1) 1.0930; (P) 1.0943; (R1) 1.0964; More….

Intraday bias in EUR/CHF remains mildly on the upside at this point as rebound from 1.0863 is extending. But outlook will remain bearish as long as 1.1026 resistance holds. On the downside, below 1.0912 minor support will bring retest of 1.0863 first. Break will resume whole fall from 1.1149. however, strong break of 1.1026 will indicate near term reversal and term outlook bullish.

In the bigger picture, current development argues that rebound from 1.0505 might be completed at 1.1149 already. Rejection by 55 month EMA (now at 1.1077) at least keeps medium term bearishness open. Sustained break of 1.0737 support will argue that the down trend from 2004 (2018 high) is ready to resume through 1.0505 low. Sustained trading below 55 week EMA (now at 1.0879) will affirm this bearish case. Nevertheless, strong support from 55 week EMA will revive the case for resuming the rise from 1.0505 at a later stage.

EUR/CHF edged lower to 1.0863 last week but formed a short term bottom there and recovered. Initial bias remains mildly on the upside this week for stronger recovery. But outlook will remain bearish as long as 1.1026 resistance holds. On the downside, below 1.0912 minor support will bring retest of 1.0863 first. Break will resume whole fall from 1.1149.

In the bigger picture, current development argues that rebound from 1.0505 might be completed at 1.1149 already. Rejection by 55 month EMA (now at 1.1077) at least keeps medium term bearishness open. Sustained break of 1.0737 support will argue that the down trend from 2004 (2018 high) is ready to resume through 1.0505 low. Sustained trading below 55 week EMA (now at 1.0879) will affirm this bearish case. Nevertheless, strong support from 55 week EMA will revive the case for resuming the rise from 1.0505 at a later stage.

Daily Pivots: (S1) 1.0901; (P) 1.0917; (R1) 1.0943; More….

EUR/CHF’s break of 1.0925 suggests short term bottoming at 1.0863. Intraday bias is turned to the upside for stronger rebound. But outlook will stay bearish as long as 1.1026 resistance holds. Break of 1.0863 will resume the decline from 1.1149, to next cluster support zone at 1.0737, (61.8% retracement of 1.0505 to 1.1149 at 1.0751).

In the bigger picture, current development argues that rebound from 1.0505 might be completed at 1.1149 already. Rejection by 55 month EMA (now at 1.1077) at least keeps medium term bearishness open. Sustained break of 1.0737 support will argue that the down trend from 2004 (2018 high) is ready to resume through 1.0505 low. Sustained trading below 55 week EMA (now at 1.0879) will affirm this bearish case.

Daily Pivots: (S1) 1.0887; (P) 1.0900; (R1) 1.0914; More….

Intraday bias in EUR/CHF remains neutral first and outlook stays bearish with 1.0925 support turned resistance intact. On the downside, break of 1.0863 will resume the fall from 1.1149 to next cluster support zone at 1.0737, (61.8% retracement of 1.0505 to 1.1149 at 1.0751). Nevertheless, firm break of 1.0925 will indicate short term bottoming, and turn bias back to the upside for 1.1026 resistance.

In the bigger picture, current development argues that rebound from 1.0505 might be completed at 1.1149 already. Rejection by 55 month EMA (now at 1.1077) at least keeps medium term bearishness open. Sustained break of 1.0737 support will argue that the down trend from 2004 (2018 high) is ready to resume through 1.0505 low. Sustained trading below 55 week EMA (now at 1.0879) will affirm this bearish case.

Daily Pivots: (S1) 1.0884; (P) 1.0897; (R1) 1.0906; More….

EUR/CHF is staying in consolidation from 1.0863 and intraday bias remains neutral first. Outlook stays bearish with 1.0925 support turned resistance intact. Below 1.0863 will resume the fall from 1.1149 to next cluster support zone at 1.0737, (61.8% retracement of 1.0505 to 1.1149 at 1.0751). Nevertheless, firm break of 1.0925 will indicate short term bottoming, and turn bias back to the upside for 1.1026 resistance.

In the bigger picture, current development argues that rebound from 1.0505 might be completed at 1.1149 already. Rejection by 55 month EMA (now at 1.1077) at least keeps medium term bearishness open. Sustained break of 1.0737 support will argue that the down trend from 2004 (2018 high) is ready to resume through 1.0505 low. Sustained trading below 55 week EMA (now at 1.0879) will affirm this bearish case.

Daily Pivots: (S1) 1.0881; (P) 1.0895; (R1) 1.0918; More….

Intraday bias in EUR/CHF is turned neutral with current recovery. But outlook stays bearish with 1.0925 support turned resistance intact. Below 1.0863 will resume the fall from 1.1149 to next cluster support zone at 1.0737, (61.8% retracement of 1.0505 to 1.1149 at 1.0751). Nevertheless, firm break of 1.0925 will indicate short term bottoming, and turn bias back to the upside for 1.1026 resistance.

In the bigger picture, current development argues that rebound from 1.0505 might be completed at 1.1149 already. Rejection by 55 month EMA (now at 1.1077) at least keeps medium term bearishness open. Sustained break of 1.0737 support will argue that the down trend from 2004 (2018 high) is ready to resume through 1.0505 low. Sustained trading below 55 week EMA (now at 1.0879) will affirm this bearish case.

Daily Pivots: (S1) 1.0864; (P) 1.0883; (R1) 1.0893; More….

Intraday bias in EUR/CHF remains on the downside at this point. Current fall from 1.1149 should at least be correcting whole up trend from 1.0505, with possibility of trend reversal. Deeper fall should be seen to next cluster support zone at 1.0737, (61.8% retracement of 1.0505 to 1.1149 at 1.0751). On the upside, break of 1.0925 resistance turned support is needed to be the first sign of short term bottoming. Otherwise, outlook will remain bearish in case of recovery.

In the bigger picture, current development argues that rebound from 1.0505 might be completed at 1.1149 already. Rejection by 55 month EMA (now at 1.1077) at least keeps medium term bearishness open. Sustained break of 1.0737 support will argue that the down trend from 2004 (2018 high) is ready to resume through 1.0505 low. Sustained trading below 55 week EMA (now at 1.0879) will affirm this bearish case.

EUR/CHF’s fall from 1.1149 re-accelerated last week and hit as low as 1.0807. The break of 1.0915 resistance turned support now argues that it’s at least correcting whole up trend from 1.0505, with possibility of trend reversal. Intraday bias is now on the downside this week for next cluster support zone at 1.0737, (61.8% retracement of 1.0505 to 1.1149 at 1.0751). On the upside, break of 1.0925 resistance turned support is needed to be the first sign of short term bottoming. Otherwise, outlook will remain bearish in case of recovery.

In the bigger picture, current development argues that rebound from 1.0505 might be completed at 1.1149 already. Rejection by 55 month EMA (now at 1.1077) at least keeps medium term bearishness open. Sustained break of 1.0737 support will argue that the down trend from 2004 (2018 high) is ready to resume through 1.0505 low. Sustained trading below 55 week EMA (now at 1.0879) will affirm this bearish case.

Daily Pivots: (S1) 1.0880; (P) 1.0903; (R1) 1.0915; More….

Intraday bias in EUR/CHF remains on the downside at this point. Sustained trading below 1.0915 resistance turned support will argue that whole rise from 1.0505 has completed at 1.11490. Deeper decline is on track to next support zone at 1.0737, (61.8% retracement of 1.0505 to 1.1149 at 1.0751). On the upside, through, above 1.0925 support turned resistance will turn intraday bias neutral first.

In the bigger picture, whole down trend from 2004 (2018 high) should have completed at 1.0503. Rise from there is starting a medium term up trend. Next target is 61.8% retracement of 1.2004 to 1.0505 at 1.1431 and above. This will now remain the favored case as long as 1.0915 resistance turned support holds. However, sustained break of 1.0915 will argue that rise from 1.0503 might be completed,. Rejection by 55 month EMA would also keep long term outlook bearish.

Daily Pivots: (S1) 1.0902; (P) 1.0914; (R1) 1.0924; More….

EUR/CHF’s decline continues today and intraday bias remains on the downside. Sustained trading below 1.0915 resistance turned support will argue that whole rise from 1.0505 has completed at 1.11490. Deeper decline is on track to next support zone at 1.0737, (61.8% retracement of 1.0505 to 1.1149 at 1.0751). On the upside, through, above 1.0925 support turned resistance will turn intraday bias neutral first.

In the bigger picture, whole down trend from 2004 (2018 high) should have completed at 1.0503. Rise from there is starting a medium term up trend. Next target is 61.8% retracement of 1.2004 to 1.0505 at 1.1431 and above. This will now remain the favored case as long as 1.0915 resistance turned support holds. However, sustained break of 1.0915 will argue that rise from 1.0503 might be completed,. Rejection by 55 month EMA would also keep long term outlook bearish.

Daily Pivots: (S1) 1.0904; (P) 1.0925; (R1) 1.0939; More….

Focus stays on 1.0915 cluster support (38.2% retracement 1.0505 to 1.1149 at 1.0903). As long as this support zone holds, we’re still seeing price actions from 1.1149 as a consolidation pattern. On the upside, break of 1.1026 resistance would argue that larger up trend is ready to resume and bring retest of 1.1149 first. However, on the downside, sustained break of 1.0903/15 will suggest bearish reversal, or at least bring deeper fall to next cluster support zone at 1.0737 support zone (61.8% retracement at 1.0751).

In the bigger picture, whole down trend from 2004 (2018 high) should have completed at 1.0503. Rise from there is starting a medium term up trend. Next target is 61.8% retracement of 1.2004 to 1.0503 at 1.1431 and above. This will now remain the favored case as long as 1.0915 resistance turned support holds. However, sustained break of 1.0915 will argue that rise from 1.0503 might be completed,. Rejection by 55 month EMA would also keep long term outlook bearish.

Daily Pivots: (S1) 1.0932; (P) 1.0941; (R1) 1.0950; More….

No change in EUR/CHF’s outlook and intraday bias remains neutral first. With 1.0915 cluster support (38.2% retracement 1.0505 to 1.1149 at 1.0903) intact, we’re still seeing price actions from 1.1149 as a consolidation pattern. On the upside, break of 1.1026 resistance would argue that larger up trend is ready to resume and bring retest of 1.1149 first. However, on the downside, sustained break of 1.0903/15 will suggest bearish reversal, or at least bring deeper fall to next cluster support zone at 1.0737 support zone (61.8% retracement at 1.0751).

In the bigger picture, whole down trend from 2004 (2018 high) should have completed at 1.0503. Rise from there is starting a medium term up trend. Next target is 61.8% retracement of 1.2004 to 1.0503 at 1.1431 and above. This will now remain the favored case as long as 1.0915 resistance turned support holds. However, sustained break of 1.0915 will argue that rise from 1.0503 might be completed,. Rejection by 55 month EMA would also keep long term outlook bearish.

Daily Pivots: (S1) 1.0927; (P) 1.0947; (R1) 1.0958; More….

Intraday bias in EUR/CHF remains neutral for the moment. With 1.0915 cluster support (38.2% retracement 1.0505 to 1.1149 at 1.0903) intact, we’re still seeing price actions from 1.1149 as a consolidation pattern. On the upside, break of 1.1026 resistance would argue that larger up trend is ready to resume and bring retest of 1.1149 first. However, on the downside, sustained break of 1.0903/15 will suggest bearish reversal, or at least bring deeper fall to next cluster support zone at 1.0737 support zone (61.8% retracement at 1.0751).

In the bigger picture, whole down trend from 2004 (2018 high) should have completed at 1.0503. Rise from there is starting a medium term up trend. Next target is 61.8% retracement of 1.2004 to 1.0503 at 1.1431 and above. This will now remain the favored case as long as 1.0915 resistance turned support holds. However, sustained break of 1.0915 will argue that rise from 1.0503 might be completed,. Rejection by 55 month EMA would also keep long term outlook bearish.

EUR/CHF stayed in established range last week and outlook is unchanged. Initial bias remains neutral this week first. With 1.0915 cluster support (38.2% retracement 1.0505 to 1.1149 at 1.0903) intact, we’re still seeing price actions from 1.1149 as a consolidation pattern. On the upside, break of 1.1026 resistance would argue that larger up trend is ready to resume and bring retest of 1.1149 first. However, on the downside, sustained break of 1.0903/15 will suggest bearish reversal, or at least bring deeper fall to next cluster support zone at 1.0737 support zone (61.8% retracement at 1.0751).

In the bigger picture, whole down trend from 2004 (2018 high) should have completed at 1.0503. Rise from there is starting a medium term up trend. Next target is 61.8% retracement of 1.2004 to 1.0503 at 1.1431 and above. This will now remain the favored case as long as 1.0915 resistance turned support holds. However, sustained break of 1.0915 will argue that rise from 1.0503 might be completed,. Rejection by 55 month EMA would also keep long term outlook bearish.

Daily Pivots: (S1) 1.0950; (P) 1.0965; (R1) 1.0973; More….

Intraday bias in EUR/CHF remains neutral at this point and outlook is unchanged. As long as 1.0915 cluster support (38.2% retracement 1.0505 to 1.1149 at 1.0903) holds, we’d still treat the price actions from 1.1149 as a correction. Break of 1.1026 resistance would argue that larger up trend is resuming. However, sustained break of 1.0903/15 will suggest bearish reversal, or at least bring deeper fall to next cluster support zone at 1.0737 support zone (61.8% retracement at 1.0751).

In the bigger picture, whole down trend from 2004 (2018 high) should have completed at 1.0503. Rise from there is starting a medium term up trend. Next target is 61.8% retracement of 1.2004 to 1.0503 at 1.1431 and above. This will now remain the favored case as long as 1.0915 resistance turned support holds. However, sustained break of 1.0915 will argue that rise from 1.0503 might be completed, and bring deeper fall to 1.0737 support next.

Daily Pivots: (S1) 1.0944; (P) 1.0973; (R1) 1.0991; More….

No change in EUR/CHF’s outlook and intraday bias remains neutral for the moment. As long as 1.0915 cluster support (38.2% retracement 1.0505 to 1.1149 at 1.0903) holds, we’d still treat the price actions from 1.1149 as a correction. Break of 1.1026 resistance would argue that larger up trend is resuming. However, sustained break of 1.0903/15 will suggest bearish reversal, or at least bring deeper fall to next cluster support zone at 1.0737 support zone (61.8% retracement at 1.0751).

In the bigger picture, whole down trend from 2004 (2018 high) should have completed at 1.0503. Rise from there is starting a medium term up trend. Next target is 61.8% retracement of 1.2004 to 1.0503 at 1.1431 and above. This will now remain the favored case as long as 1.0915 resistance turned support holds. However, sustained break of 1.0915 will argue that rise from 1.0503 might be completed, and bring deeper fall to 1.0737 support next.

Daily Pivots: (S1) 1.0944; (P) 1.0973; (R1) 1.0991; More….

Outlook in EUR/CHF remains unchanged and intraday bias stays neutral first. As long as 1.0915 cluster support (38.2% retracement 1.0505 to 1.1149 at 1.0903) holds, we’d still treat the price actions from 1.1149 as a correction. Break of 1.1026 resistance would argue that larger up trend is resuming. However, sustained break of 1.0903/15 will suggest bearish reversal, or at least bring deeper fall to next cluster support zone at 1.0737 support zone (61.8% retracement at 1.0751).

In the bigger picture, whole down trend from 2004 (2018 high) should have completed at 1.0503. Rise from there is starting a medium term up trend. Next target is 61.8% retracement of 1.2004 to 1.0503 at 1.1431 and above. This will now remain the favored case as long as 1.0915 resistance turned support holds. However, sustained break of 1.0915 will argue that rise from 1.0503 might be completed, and bring deeper fall to 1.0737 support next.

Daily Pivots: (S1) 1.0923; (P) 1.0950; (R1) 1.0964; More….

Intraday bias in EUR/CHF remains neutral for the moment, and outlook is unchanged. As long as 1.0915 cluster support (38.2% retracement 1.0505 to 1.1149 at 1.0903) holds, we’d still treat the price actions from 1.1149 as a correction. Break of 1.1026 resistance would argue that larger up trend is resuming. However, sustained break of 1.0903/15 will suggest bearish reversal, or at least bring deeper fall to next cluster support zone at 1.0737 support zone (61.8% retracement at 1.0751).

In the bigger picture, whole down trend from 2004 (2018 high) should have completed at 1.0503. Rise from there is starting a medium term up trend. Next target is 61.8% retracement of 1.2004 to 1.0503 at 1.1431 and above. This will now remain the favored case as long as 1.0915 resistance turned support holds. However, sustained break of 1.0915 will argue that rise from 1.0503 might be completed, and bring deeper fall to 1.0737 support next.

Daily Pivots: (S1) 1.0946; (P) 1.0961; (R1) 1.0990; More….

Range trading continues in EUR/CHF and outlook is unchanged. Intraday bias remains neutral first. With 1.0915 cluster support (38.2% retracement 1.0505 to 1.1149 at 1.0903) intact, we’re still seeing price actions from 1.1149 as a consolidation pattern. On the upside, break of 1.1026 resistance would argue that larger up trend is ready to resume and bring retest of 1.1149 first. However, on the downside, sustained break of 1.0903/15 will suggest bearish reversal, or at least bring deeper fall to next cluster support zone at 1.0737 support zone (61.8% retracement at 1.0751).

In the bigger picture, whole down trend from 2004 (2018 high) should have completed at 1.0503. Rise from there is starting a medium term up trend. Next target is 61.8% retracement of 1.2004 to 1.0503 at 1.1431 and above. This will now remain the favored case as long as 1.0915 resistance turned support holds. However, sustained break of 1.0915 will argue that rise from 1.0503 might be completed,. Rejection by 55 month EMA would also keep long term outlook bearish.

EUR/CHF stays in range of 1.0925 last week and outlook is unchanged. With 1.0915 cluster support (38.2% retracement 1.0505 to 1.1149 at 1.0903) intact, we’re still seeing price actions from 1.1149 as a consolidation pattern. On the upside, break of 1.1026 resistance would argue that larger up trend is ready to resume and bring retest of 1.1149 first. However, on the downside, sustained break of 1.0903/15 will suggest bearish reversal, or at least bring deeper fall to next cluster support zone at 1.0737 support zone (61.8% retracement at 1.0751).

In the bigger picture, whole down trend from 2004 (2018 high) should have completed at 1.0503. Rise from there is starting a medium term up trend. Next target is 61.8% retracement of 1.2004 to 1.0503 at 1.1431 and above. This will now remain the favored case as long as 1.0915 resistance turned support holds. However, sustained break of 1.0915 will argue that rise from 1.0503 might be completed,. Rejection by 55 month EMA would also keep long term outlook bearish.