Daily Pivots: (S1) 1.0803; (P) 1.0838; (R1) 1.0856; More….

EUR/CHF retreated just ahead of 1.0877 resistance and intraday bias is turned neutral first. Further rise is expected as long as 1.0790 support holds. Consolidation pattern from 1.0915 should have completed with three waves to 1.0661. Break of 1.0877 resistance will resume the whole rebound from 1.0503. On the downside, break of 1.0790 support will dampen this bullish case and might extend the consolidation with another decline.

In the bigger picture, price actions from 1.0503 are still seen as a consolidation pattern. With 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) intact, the down trend from 1.2004 (2018 high) would still extend through 1.0503 low at a later stage. However, sustained break of 1.1059/76 will argue that rise from 1.0503 is starting a new up trend and would target 61.8% retracement at 1.1431 and above.

Daily Pivots: (S1) 1.0808; (P) 1.0829; (R1) 1.0856; More….

Break of 1.0827 resistance indicates resumption of rise from 1.0661 and intraday bias is back on the upside. As noted before, consolidation pattern from 1.0915 should have completed with three waves to 1.0661. Break of 1.0877 resistance will resume the whole rebound from 1.0503. On the downside, break of 1.0790 support will dampen this bullish case and might extend the consolidation with another decline.

In the bigger picture, price actions from 1.0503 are still seen as a consolidation pattern. With 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) intact, the down trend from 1.2004 (2018 high) would still extend through 1.0503 low at a later stage. However, sustained break of 1.1059/76 will argue that rise from 1.0503 is starting a new up trend and would target 61.8% retracement at 1.1431 and above.

Daily Pivots: (S1) 1.0793; (P) 1.0806; (R1) 1.0816; More….

EUR/CHF is still bounded in consolidation from and intraday bias remains neural first. Further rise is in favor with 1.0772 minor support intact. Consolidation pattern from 1.0915 should have completed with three waves to 1.0661. On the upside, break of 1.0827 will target 1.0877 resistance to confirm this bullish case. However, break of 1.0772 support will likely extend the pattern with another falling leg and turn bias to the downside.

In the bigger picture, price actions from 1.0503 are still seen as a consolidation pattern. With 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) intact, the down trend from 1.2004 (2018 high) would still extend through 1.0503 low at a later stage. However, sustained break of 1.1059/76 will argue that rise from 1.0503 is starting a new up trend and would target 61.8% retracement at 1.1431 and above.

Daily Pivots: (S1) 1.0791; (P) 1.0807; (R1) 1.0819; More…

Sideway trading continues below 1.0827 temporary top. Intraday bias in EUR/CHF remains neutral first. Further rise is in favor with 1.0772 minor support intact. Consolidation pattern from 1.0915 should have completed with three waves to 1.0661. On the upside, break of 1.0827 will target 1.0877 resistance to confirm this bullish case. However, break of 1.0772 support will likely extend the pattern with another falling leg and turn bias to the downside.

In the bigger picture, price actions from 1.0503 are still seen as a consolidation pattern. With 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) intact, the down trend from 1.2004 (2018 high) would still extend through 1.0503 low at a later stage. However, sustained break of 1.1059/76 will argue that rise from 1.0503 is starting a new up trend and would target 61.8% retracement at 1.1431 and above.

EUR/CHF stayed in sideway consolidation in tight range last week and outlook is unchanged. Initial bias remains neutral this week first and further rise is in favor with 1.0772 minor support intact. Consolidation pattern from 1.0915 should have completed with three waves to 1.0661. On the upside, break of 1.0827 will target 1.0877 resistance to confirm this bullish case. However, break of 1.0772 support will likely extend the pattern with another falling leg and turn bias to the downside.

In the bigger picture, price actions from 1.0503 are still seen as a consolidation pattern. With 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) intact, the down trend from 1.2004 (2018 high) would still extend through 1.0503 low at a later stage. However, sustained break of 1.1059/76 will argue that rise from 1.0503 is starting a new up trend and would target 61.8% retracement at 1.1431 and above.

Daily Pivots: (S1) 1.0796; (P) 1.0807; (R1) 1.0825; More…

EUR/CHF is still staying in consolidation from 1.0824 and intraday bias remains neutral. Further rise is expected with 1.0772 minor support intact. Consolidation pattern from 1.0915 has completed with three waves to 1.0661. On the upside, break of 1.0824 will target 1.0877 resistance to confirm this bullish case. However, break of 1.0772 support will likely extend the pattern with another falling leg and turn bias to the downside.

In the bigger picture, price actions from 1.0503 are still seen as a consolidation pattern. With 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) intact, the down trend from 1.2004 (2018 high) would still extend through 1.0503 low at a later stage. However, sustained break of 1.1059/76 will argue that rise from 1.0503 is starting a new up trend and would target 61.8% retracement at 1.1431 and above.

Daily Pivots: (S1) 1.0785; (P) 1.0805; (R1) 1.0820; More…

Intraday bias in EUR/CHF remains neutral and outlook is unchanged. Further rise is expected with 1.0772 minor support intact. Consolidation pattern from 1.0915 has completed with three waves to 1.0661. On the upside, break of 1.0824 will target 1.0877 resistance to confirm this bullish case. However, break of 1.0772 support will likely extend the pattern with another falling leg and turn bias to the downside.

In the bigger picture, price actions from 1.0503 are still seen as a consolidation pattern. With 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) intact, the down trend from 1.2004 (2018 high) would still extend through 1.0503 low at a later stage. However, sustained break of 1.1059/76 will argue that rise from 1.0503 is starting a new up trend and would target 61.8% retracement at 1.1431 and above.

Daily Pivots: (S1) 1.0804; (P) 1.0812; (R1) 1.0822; More…

EUR/CHF is staying in consolidation from 1.0824 and intraday bias remains neutral first. Outlook is unchanged that consolidation pattern from 1.0915 has completed with three waves to 1.0661. On the upside, break of 1.0824 will target 1.0877 resistance to confirm this bullish case. However, break of 1.0772 support will likely extend the pattern with another falling leg and turn bias to the downside.

In the bigger picture, price actions from 1.0503 are still seen as a consolidation pattern. With 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) intact, the down trend from 1.2004 (2018 high) would still extend through 1.0503 low at a later stage. However, sustained break of 1.1059/76 will argue that rise from 1.0503 is starting a new up trend and would target 61.8% retracement at 1.1431 and above.

Daily Pivots: (S1) 1.0795; (P) 1.0812; (R1) 1.0834; More…

Intraday bias in EUR/CHF remains neutral as consolidation from 1.0824 temporary top might extend. Outlook is unchanged that consolidation pattern from 1.0915 has completed with three waves to 1.0661. On the upside, break of 1.0824 will target 1.0877 resistance to confirm this bullish case. However, break of 1.0772 support will likely extend the pattern with another falling leg and turn bias to the downside.

In the bigger picture, price actions from 1.0503 are still seen as a consolidation pattern. With 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) intact, the down trend from 1.2004 (2018 high) would still extend through 1.0503 low at a later stage. However, sustained break of 1.1059/76 will argue that rise from 1.0503 is starting a new up trend and would target 61.8% retracement at 1.1431 and above.

Daily Pivots: (S1) 1.0788; (P) 1.0802; (R1) 1.0815; More…

Intraday bias in EUR/CHF remains neutral at this point and further rise remains in favor. Current development suggests that consolidation pattern from 1.0915 has completed with three waves to 1.0661. On the upside, break of 1.0824 will target 1.0877 resistance to confirm this bullish case. However, break of 1.0772 support will likely extend the pattern with another falling leg and turn bias to the downside.

In the bigger picture, price actions from 1.0503 are still seen as a consolidation pattern. With 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) intact, the down trend from 1.2004 (2018 high) would still extend through 1.0503 low at a later stage. However, sustained break of 1.1059/76 will argue that rise from 1.0503 is starting a new up trend and would target 61.8% retracement at 1.1431 and above.

EUR/CHF surges to as high as 1.0824 last week before forming a temporary top there and turned sideway. Current development suggests that Consolidation pattern from 1.0915 has completed with three waves to 1.0661. On the upside, break of 1.0824 will target 1.0877 resistance to confirm this bullish case. However, break of 1.0772 support will likely extend the pattern with another falling leg and turn bias to the downside.

In the bigger picture, price actions from 1.0503 are still seen as a consolidation pattern. With 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) intact, the down trend from 1.2004 (2018 high) would still extend through 1.0503 low at a later stage. However, sustained break of 1.1059/76 will argue that rise from 1.0503 is starting a new up trend and would target 61.8% retracement at 1.1431 and above.

Daily Pivots: (S1) 1.0788; (P) 1.0798; (R1) 1.0814; More…

EUR/CHF is staying in consolidation from 1.0824 temporary top. Intraday bias stays neutral first. We’re favoring the case that consolidation pattern from 1.0915 has completed with three waves to 1.0661. Break of 1.0824 will target 1.0877 resistance for confirmation. Firm break there will resume whole rebound from 1.0503. However, below 1.0772 minor support will dampen the bullish case, and turn bias back to the downside for 1.0661 support instead.

In the bigger picture, price actions from 1.0503 are still seen as a consolidation pattern. With 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) intact, the down trend from 1.2004 (2018 high) would still extend through 1.0503 low at a later stage. However, sustained break of 1.1059/76 will argue that rise from 1.0503 is starting a new up trend and would target 61.8% retracement at 1.1431 and above.

Daily Pivots: (S1) 1.0781; (P) 1.0803; (R1) 1.0824; More…

Intraday bias in EUR/CHF is turned neutral with a temporary top is formed at 1.0824. We’re favoring the case that consolidation pattern from 1.0915 has completed with three waves to 1.0661. Break of 1.0824 will target 1.0877 resistance for confirmation. Firm break there will resume whole rebound from 1.0503. However, below 1.0772 minor support will dampen the bullish case, and turn bias back to the downside for 1.0661 support instead.

In the bigger picture, price actions from 1.0503 are still seen as a consolidation pattern. With 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) intact, the down trend from 1.2004 (2018 high) would still extend through 1.0503 low at a later stage. However, sustained break of 1.1059/76 will argue that rise from 1.0503 is starting a new up trend and would target 61.8% retracement at 1.1431 and above.

Daily Pivots: (S1) 1.0715; (P) 1.0762; (R1) 1.0842; More…

Intraday bias in EUR/CHF stays on the upside as rise from 1.0661 is in progress. Consolidation pattern from 1.0915 might have completed with three waves to 1.0661. Further rise should now be seen to 1.0877 resistance for confirmation. Firm break there will resume whole rebound from 1.0503. However, below 1.0772 minor support will mix up the outlook and turn bias neutral first.

In the bigger picture, price actions from 1.0503 are still seen as a consolidation pattern. With 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) intact, the down trend from 1.2004 (2018 high) would still extend through 1.0503 low at a later stage. However, sustained break of 1.1059/76 will argue that rise from 1.0503 is starting a new up trend and would target 61.8% retracement at 1.1431 and above.

Daily Pivots: (S1) 1.0715; (P) 1.0762; (R1) 1.0842; More…

Intraday bias in EUR/CHF remains on the upside at this point. Consolidation pattern from 1.0915 might have completed with three waves to 1.0661. Further rise should now be seen to 1.0877 resistance for confirmation. Firm break there will resume whole rebound from 1.0503. However, below 1.0752 minor support will mix up the outlook and turn bias neutral first.

In the bigger picture, price actions from 1.0503 are still seen as a consolidation pattern. With 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) intact, the down trend from 1.2004 (2018 high) would still extend through 1.0503 low at a later stage. However, sustained break of 1.1059/76 will argue that rise from 1.0503 is starting a new up trend and would target 61.8% retracement at 1.1431 and above.

Daily Pivots: (S1) 1.0677; (P) 1.0690; (R1) 1.0705; More…

EUR/CHF’s strong rebound and break of 1.0747 resistance indicates short term bottoming at 1.0661. Fall from 1.0877 might have completed at 1.0661. More importantly, consolidation pattern from 1.0915 could have finished with three waves to 1.0661 too. Intraday bias now back on the upside for 1.0877 resistance first. Firm break there will resume whole rebound from 1.0503.

In the bigger picture, price actions from 1.0503 are still seen as a consolidation pattern. With 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) intact, the down trend from 1.2004 (2018 high) would still extend through 1.0503 low at a later stage. However, sustained break of 1.1059/76 will argue that rise from 1.0503 is starting a new up trend and would target 61.8% retracement at 1.1431 and above.

Daily Pivots: (S1) 1.0677; (P) 1.0690; (R1) 1.0705; More…

Intraday bias in EUR/CHF remains neutral as consolidation form 1.0661 might extend further. Still, as long as 1.0747 resistance holds, further decline is expected. Fall from 1.0877 is seen as the third leg of the pattern from 1.0915. Break of 1.0661 will target 1.0602 support next. However, firm break of 1.0747 should confirm short term bottoming, on bullish convergence condition in 4 hour MACD, and turn intraday bias back to the upside for rebound.

In the bigger picture, price actions from 1.0503 are still seen as a consolidation pattern. With 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) intact, the down trend from 1.2004 (2018 high) would still extend through 1.0503 low at a later stage. However, sustained break of 1.1059/76 will argue that rise from 1.0503 is starting a new up trend and would target 61.8% retracement at 1.1431 and above.

EUR/CHF turned into consolidation last week but recovery was limited comfortably below 1.0747 resistance. Initial bias remains neutral this week and outlook stays bearish. Fall from 1.0877 is seen as the third leg of the pattern from 1.0915. On the downside, break of 1.0661 will target 1.0602 support next. On the upside, though, break of 1.0747 resistance will indicate short term bottoming, on bullish convergence condition in 4 hour MACD. Intraday bias will be turned back to the upside for stronger rebound.

In the bigger picture, price actions from 1.0503 are still seen as a consolidation pattern. With 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) intact, the down trend from 1.2004 (2018 high) would still extend through 1.0503 low at a later stage. However, sustained break of 1.1059/76 will argue that rise from 1.0503 is starting a new up trend and would target 61.8% retracement at 1.1431 and above.

Daily Pivots: (S1) 1.0676; (P) 1.0702; (R1) 1.0720; More…

EUR/CHF is staying in consolidation from 1.0661 and intraday bias remains neutral first. As long as 1.0747 resistance holds, further decline is expected. Fall from 1.0877 is seen as the third leg of the pattern from 1.0915. Break of 1.0661 will target 1.0602 support next. However, firm break of 1.0747 should confirm short term bottoming, on bullish convergence condition in 4 hour MACD, and turn intraday bias back to the upside for rebound.

In the bigger picture, price actions from 1.0503 are still seen as a consolidation pattern. With 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) intact, the down trend from 1.2004 (2018 high) would still extend through 1.0503 low at a later stage. However, sustained break of 1.1059/76 will argue that rise from 1.0503 is starting a new up trend and would target 61.8% retracement at 1.1431 and above.

Daily Pivots: (S1) 1.0665; (P) 1.0689; (R1) 1.0718; More…

Intraday bias in EUR/CHF remains neutral for consolidation above 1.0661 temporary low. As long as 1.0747 resistance holds, further decline is expected. Fall from 1.0877 is seen as the third leg of the pattern from 1.0915. Break of 1.0661 will target 1.0602 support next. However, firm break of 1.0747 should confirm short term bottoming, on bullish convergence condition in 4 hour MACD, and turn intraday bias back to the upside for rebound.

In the bigger picture, price actions from 1.0503 are still seen as a consolidation pattern. With 1.1059 cluster resistance (38.2% retracement of 1.2004 to 1.0503 at 1.1076) intact, the down trend from 1.2004 (2018 high) would still extend through 1.0503 low at a later stage. However, sustained break of 1.1059/76 will argue that rise from 1.0503 is starting a new up trend and would target 61.8% retracement at 1.1431 and above.