EUR/CHF Weekly Outlook

EUR/CHF rebounded strongly last week, after hitting 55 day EMA. But upside was limited well below 1.1116 resistance and it retreated. Initial bias remains neutral this week first. Consolidation pattern from 1.1149 could extend further. But in case of another fall, we’d continue to expect strong support from 1.0954 to bring rebound, and then rally resumption. On the upside, break of 1.1116 will argue that larger rise from 1.0504 is ready to resume through 1.1149 high.

In the bigger picture, whole down trend from 1.2004 (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.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.1022; (P) 1.1043; (R1) 1.1056; More….

Intraday bias in EUR/CHF remains neutral as consolidation from 1.1149 could extend further. But in case of another fall, we’d continue to expect strong support from 1.0954 to bring rebound, and then rally resumption. On the upside, break of 1.1116 will argue that larger rise from 1.0504 is ready to resume through 1.1149 high.

In the bigger picture, whole down trend from 1.2004 (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.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.1014; (P) 1.1037; (R1) 1.1079; More….

EUR/CHF rebounded after hitting 1.0973, ahead of 1.0954 support. Upside is limited below 1.1116 resistance so far. Intraday bias stays neutral first as consolidation pattern from 1.1149 might still extend. But in case of another fall, we’d continue to expect strong support from 1.0954 to bring rebound, and then rally resumption. On the upside, break of 1.1116 will argue that larger rise from 1.0504 is ready to resume through 1.1149 high.

In the bigger picture, whole down trend from 1.2004 (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.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.0986; (P) 1.0999; (R1) 1.1015; More….

Intraday bias in EUR/CHF stays neutral as consolidation from 1.1159 is still in progress. We’d continue to expect strong support from 1.0954 to bring rebound, and then rally resumption. On the upside, firm break of 1.1149 will resume larger rise from 1.0504.

In the bigger picture, whole down trend from 1.2004 (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.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.0968; (P) 1.0992; (R1) 1.1009; More….

No change in EUR/CHF’s outlook as consolidation form 1.1149 is extending. While deeper fall cannot be ruled out, we’d we’d expect strong support from 1.0954 to bring rebound, and then rally resumption. On the upside, firm break of 1.1149 will resume larger rise from 1.0504.

In the bigger picture, whole down trend from 1.2004 (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.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.0991; (P) 1.1005; (R1) 1.1017; More….

EUR/CHF is staying in consolidation from 1.1149 and intraday bias remains neutral. In case of deeper fall, we’d expect strong support from 1.0954 to bring rebound, and then rally resumption. On the upside, firm break of 1.1149 will resume larger rise from 1.0504.

In the bigger picture, whole down trend from 1.2004 (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.

EUR/CHF Weekly Outlook

EUR/CHF’s consolidation pattern from 1.1149 continued last week with another fall. But overall outlook remains unchanged. Initial bias stays neutral this week first. We’d expect strong support from 1.0954 to bring rebound, and then rally resumption. On the upside, firm break of 1.1149 will resume larger rise from 1.0504.

In the bigger picture, whole down trend from 1.2004 (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.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.0998; (P) 1.1019; (R1) 1.1033; More….

EUR/CHF is staying in consolidation from 1.1149 and intraday bias remains neutral first. Deeper fall could be seen, but downside should be contained by 1.0954 support to bring rally resumption. On the upside, firm break of 1.1149 will resume the rise from 1.0504 and target 161.8% projection of 1.0503 to 1.0915 from 1.0737 at 1.1404.

In the bigger picture, whole down trend from 1.2004 (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.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.1016; (P) 1.1041; (R1) 1.1058; More….

Range trading continues in EUR/CHF and intraday bias remains neutral first. Deeper fall could be seen, but downside should be contained by 1.0954 support to bring rally resumption. On the upside, firm break of 1.1149 will resume the rise from 1.0504 and target 161.8% projection of 1.0503 to 1.0915 from 1.0737 at 1.1404.

In the bigger picture, whole down trend from 1.2004 (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.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.1035; (P) 1.1062; (R1) 1.1078; More….

Outlook in EUR/CHF remains unchanged as consolidation from 1.1149 is still in progress. Deeper fall could be seen, but downside should be contained by 1.0954 support to bring rally resumption. On the upside, firm break of 1.1149 will resume the rise from 1.0504 and target 161.8% projection of 1.0503 to 1.0915 from 1.0737 at 1.1404.

In the bigger picture, whole down trend from 1.2004 (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.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.1042; (P) 1.1068; (R1) 1.1087; More….

Intraday bias in EUR/CHF remains neutral as consolidation from 1.1149 is extending. Another fall cannot be ruled out, but downside should be contained by 1.0954 support to bring rally resumption. On the upside, firm break of 1.1149 will resume the rise from 1.0504 and target 161.8% projection of 1.0503 to 1.0915 from 1.0737 at 1.1404.

In the bigger picture, whole down trend from 1.2004 (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.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.1073; (P) 1.1086; (R1) 1.1098; More….

EUR/CHF is still bounded in consolidation from 1.1149 and intraday bias remains neutral. Another fall cannot be ruled out, but downside should be contained by 1.0954 support to bring rally resumption. On the upside, firm break of 1.1149 will resume the rise from 1.0504 and target 161.8% projection of 1.0503 to 1.0915 from 1.0737 at 1.1404.

In the bigger picture, whole down trend from 1.2004 (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.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.1026; (P) 1.1047; (R1) 1.1060; More….

Consolidation continues in EUR/CHF and intraday bias remains neutral first. Another fall cannot be ruled out, but downside should be contained by 1.0954 support to bring rally resumption. On the upside, firm break of 1.1149 will resume the rise from 1.0504 and target 161.8% projection of 1.0503 to 1.0915 from 1.0737 at 1.1404.

In the bigger picture, whole down trend from 1.2004 (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.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.1033; (P) 1.1055; (R1) 1.1074; More….

EUR/CHF is still bounded in the consolidation pattern from 1.1149 and intraday bias remains neutral. Another fall cannot be ruled out, but downside should be contained by 1.0954 support to bring rally resumption. On the upside, firm break of 1.1149 will resume the rise from 1.0504 and target 161.8% projection of 1.0503 to 1.0915 from 1.0737 at 1.1404.

In the bigger picture, whole down trend from 1.2004 (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.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.1053; (P) 1.1074; (R1) 1.1093; More….

Intraday bias in EUR/CHF remains neutral as consolidation from 1.1149 is extending. Another fall cannot be ruled out, but downside should be contained by 1.0954 support to bring rally resumption. On the upside, firm break of 1.1149 will resume the rise from 1.0504 and target 161.8% projection of 1.0503 to 1.0915 from 1.0737 at 1.1404.

In the bigger picture, whole down trend from 1.2004 (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.

EUR/CHF Weekly Outlook

EUR/CHF stayed in consolidation pattern from 1.1149 and outlook is unchanged. Initial bias stays neutral this week. Another fall cannot be ruled out as the consolidation extends. But downside should be contained by 1.0954 support to bring rally resumption. On the upside, firm break of 1.1149 will resume the rise from 1.0504 and target 161.8% projection of 1.0503 to 1.0915 from 1.0737 at 1.1404.

In the bigger picture, whole down trend from 1.2004 (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.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.1045; (P) 1.1059; (R1) 1.1076; More….

Intraday bias in EUR/CHF remains neutral as consolidation from 1.1149 is extending. In case of deeper pull back, downside should be contained by 1.0954 support to bring rebound. On the upside, firm break of 1.1149 will resume the rise from 1.0504 and target 161.8% projection of 1.0503 to 1.0915 from 1.0737 at 1.1404.

In the bigger picture, current development suggests that whole down trend from 1.2004 (2018 high) has 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.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.1042; (P) 1.1059; (R1) 1.1069; More….

EUR/CHF is still staying in consolidation from 1.1149 and intraday bias remains neutral first. In case of deeper pull back, downside should be contained by 1.0954 support to bring rebound. On the upside, firm break of 1.1149 will resume the rise from 1.0504 and target 161.8% projection of 1.0503 to 1.0915 from 1.0737 at 1.1404.

In the bigger picture, current development suggests that whole down trend from 1.2004 (2018 high) has 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.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.1027; (P) 1.1054; (R1) 1.1092; More….

Intraday bias in EUR/CHF remains neutral first. Consolidation from 1.1149 is still in progress and could extend. But in case of deeper pull back, downside should be contained by 1.0954 support to bring rebound. On the upside, firm break of 1.1149 will resume the rise from 1.0504 and target 161.8% projection of 1.0503 to 1.0915 from 1.0737 at 1.1404.

In the bigger picture, current development suggests that whole down trend from 1.2004 (2018 high) has 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.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.0996; (P) 1.1030; (R1) 1.1052; More….

EUR/CHF is staying in consolidation from 1.1149 and intraday bias remains neutral. Deeper pull back cannot be ruled out. But downside should be contained by 1.0954 support to bring rally resumption. On the upside, firm break of 1.1149 will resume the rise from 1.0504 and target 161.8% projection of 1.0503 to 1.0915 from 1.0737 at 1.1404.

In the bigger picture, current development suggests that whole down trend from 1.2004 (2018 high) has 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.