EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.0841; (P) 1.0860; (R1) 1.0873; More

EUR/CHF recovered after hitting 1.0828 and intraday bias is turned neutral first. Further decline is expected as long as 1.0905 minor resistance holds. Break of 1.0828 will target 1.0811 low. Decisive break there will resume larger down trend. On the upside, break of 1.0905 will turn bias back to the upside for recovery. Overall outlook is unchanged that’s consolidation from 1.0811 might extend. In case of another recovery, upside should be limited by 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to bring larger down trend resumption.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and possibly below. On the upside, break of 1.1162 support turned resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.0837; (P) 1.0870; (R1) 1.0891; More

EUR/CHF’s fall resumed by taking out 1.0856 temporary low. Intraday bias is turned back to the downside for 1.0811 low next. Decisive break there will resume larger down trend. On the upside, break of 1.0905 resistance will turn bias back to the upside for recovery. Overall outlook is unchanged that’s consolidation from 1.0811 might extend. In case of another recovery, upside should be limited by 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to bring larger down trend resumption.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and possibly below. On the upside, break of 1.1162 support turned resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.0874; (P) 1.0890; (R1) 1.0909; More

Intraday bias in EUR/CHF remains neutral for consolidation above 1.0856 temporary low. On the downside, break of 1.0856 will target 1.0811 low. Decisive break there will resume larger down trend. On the upside, break of 1.0926 minor resistance will turn bias back to the upside for recovery. Overall outlook is unchanged that’s consolidation from 1.0811 might extend. In case of another recovery, upside should be limited by 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to bring larger down trend resumption.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and possibly below. On the upside, break of 1.1162 support turned resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.0852; (P) 1.0902; (R1) 1.0942; More

EUR/CHF recovered after hitting 1.0856. A temporary low was formed and intraday bias is turned neutral first. On the downside, break of 1.0856 will target 1.0811 low. Decisive break there will resume larger down trend. On the upside, break of 1.0926 minor resistance will turn bias back to the upside for recovery. Overall outlook is unchanged that’s consolidation from 1.0811 might extend. In case of another recovery, upside should be limited by 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to bring larger down trend resumption.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and possibly below. On the upside, break of 1.1162 support turned resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.0859; (P) 1.0952; (R1) 1.1041; More

With 1.0926 minor resistance intact, further decline is expected in EUR/CHF to retest 1.0811 low. Decisive break there will resume larger down trend. On the upside, above 1.0926 minor resistance will turn intraday bias neutral again. Overall outlook is unchanged that’s consolidation from 1.0811 might extend. In case of another recovery, upside should be limited by 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to bring larger down trend resumption.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and possibly below. On the upside, break of 1.1162 support turned resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.0867; (P) 1.0887; (R1) 1.0903; More

With 1.0926 minor resistance intact, intraday bias in EUR/CHF stays mildly on the downside for 1.0863 support. Break will target 1.0811 low next. On the upside, above 1.0926 minor resistance will turn intraday bias neutral again. Overall outlook is unchanged that’s consolidation from 1.0811 might extend. In case of another recovery, upside should be limited by 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to bring larger down trend resumption.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and possibly below. On the upside, break of 1.1162 support turned resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.0856; (P) 1.0892; (R1) 1.0915; More

Intraday bias in EUR/CHF remains mildly on the downside at this point. Break of 1.0863 support will target 1.0811 low next. On the upside, above 1.0926 minor resistance will turn intraday bias neutral again. Overall outlook is unchanged that’s consolidation from 1.0811 might extend. In case of another recovery, upside should be limited by 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to bring larger down trend resumption.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and possibly below. On the upside, break of 1.1162 support turned resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.0881; (P) 1.0910; (R1) 1.0925; More

Break of 1.0910 turns intraday bias to the downside. EUR/CHF should be targeting a test on 1.0811/63 support zone. Overall outlook is unchanged that’s consolidation from 1.0811 might extend. Above 1.0968 could bring another rise. But upside should be limited by 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to bring larger down trend resumption.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and possibly below. On the upside, break of 1.1162 support turned resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.0912; (P) 1.0940; (R1) 1.0955; More

Intraday bias in EUR/CHF remains neutral and consolidation from 1.0811 could extend further. In case of another rise, upside should be limited by 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to bring larger down trend resumption. On the downside, below 1.0910 will target 1.0811/63 support zone.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and possibly below. On the upside, break of 1.1162 support turned resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.0936; (P) 1.0952; (R1) 1.0965; More

No change in EUR/CHF’s outlook as consolidation form 1.0811 is extending. Upside should be limited by 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to bring larger down trend resumption. On the downside, below 1.0910 will target 1.0811/63 support zone.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and possibly below. On the upside, break of 1.1162 support turned resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.0906; (P) 1.0970; (R1) 1.1006; More

EUR/CHF is staying in sideway consolidation from 1.0811 and outlook is unchanged. Such consolidation might extend further. But upside should be limited by 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to bring larger down trend resumption. On the downside, below 1.0910 will target 1.0811/63 support zone.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and possibly below. On the upside, break of 1.1162 support turned resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

EUR/CHF Weekly Outlook

EUR/CHF breached 1.1027 resistance to 1.1034 last week but quickly reversed from there. Overall outlook is unchanged after all the volatility. Price actions from 1.0811 are seen as a consolidation pattern. upside should be limited by 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to bring larger down trend resumption. On the downside, below 1.0910 will target 1.0811/63 support zone.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and possibly below. On the upside, break of 1.1162 support turned resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.0932; (P) 1.0955; (R1) 1.0986; More

Overall outlook in EUR/CHF remains unchanged. Price actions from 1.0811 are seen as a consolidation pattern. Upside should be limited by 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to bring larger down trend resumption eventually. On the downside, below 1.0910 will target 1.0811/63 support zone.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and possibly below. On the upside, break of 1.1162 support turned resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.0919; (P) 1.0932; (R1) 1.0953; More

Intraday bias in EUR/CHF is turned neutral with a temporary low formed at 1.0910. Overall outlook is unchanged. Consolidation from 1.0811 might extend further. Above 1.0982 minor resistance will bring another rise. But upside should be limited by 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to bring larger down trend resumption eventually. On the downside, below 1.0910 will target 1.0811/63 support zone.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and possibly below. On the upside, break of 1.1162 support turned resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.0909; (P) 1.0923; (R1) 1.0934; More

Intraday bias in EUR/CHF remains on the downside as fall from 1.1027 is in progress. Deeper decline would be seen to 1.0863 and then 1.0811 low. On the upside, above 1.0982 minor resistance will turn intraday bias neutral again. Overall outlook is unchanged. Consolidation from 1.0811 might extend further. Upside should be limited by 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to bring larger down trend resumption eventually.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and possibly below. On the upside, break of 1.1162 support turned resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

EUR/CHF Mid-Day Outlook

Daily Pivots: (S1) 1.0916; (P) 1.0942; (R1) 1.0955; More

EUR/CHF’s fall from 1.1027 resumes by taking out 1.0921 and intraday bias is back on the downside. Further fall should be seen to 1.0863 and then 1.0811 low. On the upside, above 1.0982 minor resistance will turn intraday bias neutral again. Overall outlook is unchanged. Consolidation from 1.0811 might extend further. Upside should be limited by 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to bring larger down trend resumption eventually.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and possibly below. On the upside, break of 1.1162 support turned resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.0916; (P) 1.0942; (R1) 1.0955; More

Intraday bias in EUR/CHF remains neutral first. Outlook is unchanged too. Consolidation from 1.0811 might extend further. In case of another rise, upside should be limited by 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to bring larger down trend resumption. On the downside, below 1.0921 will turn bias to the downside for retesting 1.0811 low.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and possibly below. On the upside, break of 1.1162 support turned resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.0936; (P) 1.0958; (R1) 1.0974; More

Intraday bias in EUR/CHF remains neutral at this point and overall outlook is unchanged. Consolidation from 1.0811 might extend further. In case of another rise, upside should be limited by 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to bring larger down trend resumption. On the downside, below 1.0921 will turn bias to the downside for retesting 1.0811 low.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and possibly below. On the upside, break of 1.1162 support turned resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

EUR/CHF Weekly Outlook

EUR/CHF dropped to 1.0921 last week but recovered quickly. Initial bias remains neutral this week first. Overall outlook is unchanged that it’s bounded in consolidation from 1.0811. In case of another rise, upside should be limited by 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to bring larger down trend resumption. On the downside, below 1.0921 will turn bias to the downside for retesting 1.0811 low.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and possibly below. On the upside, break of 1.1162 support turned resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.

EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.0940; (P) 1.0962; (R1) 1.0982; More

Intraday bias in EUR/CHF is turned neutral after breaching 1.0973 minor resistance. Overall outlook is unchanged that it’s bounded in consolidation from 1.0811, which is extending. In case of further rise, upside should be limited by 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065). On the downside, below 1.0921 will bring retest of 1.0811 low.

In the bigger picture, down trend from 1.2004 is (2018 high) is still in progress. More importantly, it’s likely a long term down trend itself, rather than a correction. Further fall should be seen to 1.0629 support and possibly below. On the upside, break of 1.1162 support turned resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will remain bearish in case of rebound.