Daily Pivots: (S1) 1.0914; (P) 1.0954; (R1) 1.0979; More…

Intraday bias in EUR/CHF remains on the downside at this point. Rise form 1.0863 should have completed at 1.1027. Deeper fall should be seen back to 1.0811/63 support zone. Decisive break there will indicate larger down trend resumption. On the upside, above 1.0973 minor resistance will turn intraday bias neutral first. 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).

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.

Daily Pivots: (S1) 1.0967; (P) 1.0998; (R1) 1.1013; More…

EUR/CHF’s break of 1.0967 minor support suggests rise rise from 1.0863 has completed. Intraday bias is turned back to the downside for 1.0811/63 support zone. Decisive break there will indicate larger down trend resumption. 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).

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.

Daily Pivots: (S1) 1.0967; (P) 1.0998; (R1) 1.1013; More…

Intraday bias in EUR/CHF remains neutral first. Consolidation from 1.0811 could extend. but 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, break of 1.0967 minor support will turn bias back 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.

Daily Pivots: (S1) 1.0998; (P) 1.1010; (R1) 1.1030; More…

No change in EUR/CHF as it’s bounded in consolidation from 1.0811. 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) to bring larger down trend resumption. On the downside, break of 1.0967 minor support will turn bias back 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’s rise from 1.0863 extended higher last week but outlook is 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. On the downside, break of 1.0967 minor support will turn bias back 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.

Daily Pivots: (S1) 1.0986; (P) 1.0995; (R1) 1.1004; More…

Intraday bias in EUR/CHF remains neutral as consolidation pattern from 1.0811 is extending. While further rise cannot be ruled out, we’d expect strong resistance from 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to limit upside. On the downside, break of 1.0863 will target 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.

Daily Pivots: (S1) 1.0982; (P) 1.0992; (R1) 1.1003; More…

Outlook in EUR/CHF remains unchanged and intraday bias stays neutral for the moment. Consolidation pattern form 1.0811 could extend further. While further rise cannot be ruled out, we’d expect strong resistance from 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to limit upside. On the downside, break of 1.0863 will target 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.

Daily Pivots: (S1) 1.0977; (P) 1.0988; (R1) 1.1006; More…

Near term outlook in EUR/CHF remains unchanged. Consolidation pattern form 1.0811 could extend further. While further rise cannot be ruled out, we’d expect strong resistance from 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to limit upside. On the downside, break of 1.0863 will target 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.

Daily Pivots: (S1) 1.0962; (P) 1.0981; (R1) 1.0996; More…

No change in EUR/CHF’s outlook as price actions from 1.0811 low are seen as a consolidation pattern. While further rise cannot be ruled out, we’d expect strong resistance from 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to limit upside. On the downside, break of 1.0863 will target 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.

Daily Pivots: (S1) 1.0976; (P) 1.0993; (R1) 1.1006; More…

Intraday bias in EUR/CHF remains neutral and outlook is unchanged. Price actions from 1.0811 low are seen as a consolidation pattern. While further rise cannot be ruled out, we’d expect strong resistance from 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to limit upside. On the downside, break of 1.0863 will target 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 recovered further last week started to lose upside momentum as seen in 4 hour MACD. Outlook remains unchanged that price actions from 1.0811 low are seen as a consolidation pattern. While further rise cannot be ruled out, we’d expect strong resistance from 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to limit upside. On the downside, break of 1.0863 will target 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.

Daily Pivots: (S1) 1.0958; (P) 1.0981; (R1) 1.1006; More…

No change in EUR/CHF’s outlook and intraday bias remains neutral. Price actions from 1.0811 is seen as a consolidation pattern that’s extending. Further rise cannot be ruled out. But we’d expect strong resistance from 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to limit upside. On the downside, break of 1.0863 will target 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.

Daily Pivots: (S1) 1.0950; (P) 1.0975; (R1) 1.0999; More…

Intraday bias in EUR/CHF remains neutral at this point. Price actions from 1.0811 is seen as a consolidation pattern that’s extending. Further rise cannot be ruled out. But we’d expect strong resistance from 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to limit upside. On the downside, break of 1.0863 will target 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.

Daily Pivots: (S1) 1.0952; (P) 1.0970; (R1) 1.0990; More…

Intraday bias in EUR/CHF remains neutral for the moment. Consolidation from 1.0811 is extending and further rise cannot be ruled out. But we’d expect strong resistance from 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to limit upside. On the downside, break of 1.0863 will target 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.

Daily Pivots: (S1) 1.0937; (P) 1.0950; (R1) 1.0968; More…

Outlook is EUR/CHF remains unchanged. Price actions from 1.0811 are seen as a consolidation pattern, that’s extending. Further rise could be seen. But we’d still expect strong resistance from 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to limit upside. On the downside, break of 1.0863 will target 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.

Daily Pivots: (S1) 1.0903; (P) 1.0924; (R1) 1.0960; More…

Stronger recovery could be seen in EUR/CHF but outlook is unchanged. Price actions from 1.0811 are seen as a consolidation pattern, that’s extending. We’d still expect strong resistance from 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to limit upside. On the downside, break of 1.0863 will target 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 dropped to 1.0863 last week but formed a bottom ahead of 1.0811 low and rebounded strongly. Consolidation pattern from 1.0811 is likely extending with another rising leg. Initial bias is mildly on the upside for further rise. But we’d still expect strong resistance from 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to limit upside. On the downside, break of 1.0863 will target 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.

Daily Pivots: (S1) 1.0869; (P) 1.0886; (R1) 1.0910; More…

A temporary low is formed at 1.0863 in EUR/CHF and intraday bias is turned neutral first. Upside of recovery should be limited by 1.0937 resistance to bring another decline. On the downside, break of 1.0863 will extend the fall from 1.1059 to retest 1.0811 low. On the upside, above 1.0937 minor resistance will bring stronger recovery, but we’d still expect strong resistance from 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to limit upside.

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.

Daily Pivots: (S1) 1.0870; (P) 1.0904; (R1) 1.0930; More…

Intraday bias in EUR/CHF remains on the downside at this point. As noted before, corrective rise from 1.0811 should have completed at 1.1059 already. Further fall should be seen back to retest 1.0811 low. On the upside, above 1.0937 minor resistance will turn intraday bias neutral first. In case of another rise, we’d still expect strong resistance from 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to limit upside.

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.

Daily Pivots: (S1) 1.0913; (P) 1.0946; (R1) 1.0966; More…

EUR/CHF’s decline accelerates to as low as 1.0909 so far and intraday bias remains on the downside. As noted before, corrective rise from 1.0811 should have completed at 1.1059 already. Further fall should be seen back to retest 1.0811 low. On the upside, above 1.0957 minor resistance will turn intraday bias neutral first. In case of another rise, we’d still expect strong resistance from 1.1062 cluster resistance (38.2% retracement of 1.1476 to 1.0811 at 1.1065) to limit upside.

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.