Daily Pivots: (S1) 0.7946; (P) 0.7955; (R1) 0.7970; More…

No change in USD/CHF’s outlook and intraday bias stays neutral. Corrective pattern from 0.7828 is still extending. On the downside, below 0.7923 will target 0.7877 support. On the upside, though, break of 0.7990 support turned resistance will bring stronger rebound towards 0.8084.

In the bigger picture, outlook will stay bearish as long as 0.8332 support turned resistance holds (2023 low). Long term down trend from 1.0342 (2017 high) is still in progress. Next target is 100% projection of 1.0146 (2022 high) to 0.8332 from 0.9200 at 0.7382.

Daily Pivots: (S1) 0.7946; (P) 0.7955; (R1) 0.7970; More…

Intraday bias in USD/CHF remains neutral for the moment. Overall outlook is unchanged that corrective pattern from 0.7828 is still extending. On the downside, below 0.7923 will target 0.7877 support. On the upside, though, break of 0.7990 support turned resistance will bring stronger rebound towards 0.8084.

In the bigger picture, outlook will stay bearish as long as 0.8332 support turned resistance holds (2023 low). Long term down trend from 1.0342 (2017 high) is still in progress. Next target is 100% projection of 1.0146 (2022 high) to 0.8332 from 0.9200 at 0.7382.

USD/CHF fell to 0.7923 last week as range trading continued, but recovered since then. Initial bias is turned neutral this week first. Overall outlook is unchanged that corrective pattern from 0.7828 is still extending. On the downside, below 0.7923 will target 0.7877 support. On the upside, though, break of 0.7990 support turned resistance will bring stronger rebound towards 0.8084.

In the bigger picture, outlook will stay bearish as long as 0.8332 support turned resistance holds (2023 low). Long term down trend from 1.0342 (2017 high) is still in progress. Next target is 100% projection of 1.0146 (2022 high) to 0.8332 from 0.9200 at 0.7382.

In the long term picture, price action from 0.7065 (2011 low) are seen as a corrective pattern to the multi-decade down trend from 1.8305 (2000 high). It’s uncertain if the fall from 1.0342 is the second leg of the pattern, or resumption of the downtrend. But in either case, outlook will stay bearish as long as 0.8756 support turned resistance holds (2021 low). Retest of 0.7065 should be seen next.

Daily Pivots: (S1) 0.7917; (P) 0.7961; (R1) 0.7998; More…

Intraday bias in USD/CHF stays on the downside for 0.7877 support. Firm break there will argue that large down trend is ready to resume through 0.7828 low. ON the upside, though above 0.7990 support turned resistance will turn intraday bias neutral again first. Overall, price actions from 0.7828 are seen as a corrective pattern that might still extend further.

In the bigger picture, outlook will stay bearish as long as 0.8332 support turned resistance holds (2023 low). Long term down trend from 1.0342 (2017 high) is still in progress. Next target is 100% projection of 1.0146 (2022 high) to 0.8332 from 0.9200 at 0.7382.

Daily Pivots: (S1) 0.7917; (P) 0.7961; (R1) 0.7998; More…

Intraday bias in USD/CHF remains on the downside for 0.7877 support. Firm break there will argue that large down trend is ready to resume through 0.7828 low. ON the upside, though above 0.7990 support turned resistance will turn intraday bias neutral again first. Overall, price actions from 0.7828 are seen as a corrective pattern that might still extend further.

In the bigger picture, outlook will stay bearish as long as 0.8332 support turned resistance holds (2023 low). Long term down trend from 1.0342 (2017 high) is still in progress. Next target is 100% projection of 1.0146 (2022 high) to 0.8332 from 0.9200 at 0.7382.

Daily Pivots: (S1) 0.7970; (P) 0.8022; (R1) 0.8053; More…

USD/CHF’s fall from 0.8101 resumes through 0.7990 and intraday bias is back on the downside. Further fall should be seen to 0.7877 support. Overall, price actions from 0.7828 are seen as a corrective pattern and might extend. Nevertheless, firm break of 0.7877 will argue that larger down trend might be ready to resume through 0.7828 low.

In the bigger picture, outlook will stay bearish as long as 0.8332 support turned resistance holds (2023 low). Long term down trend from 1.0342 (2017 high) is still in progress. Next target is 100% projection of 1.0146 (2022 high) to 0.8332 from 0.9200 at 0.7382.

Daily Pivots: (S1) 0.7970; (P) 0.8022; (R1) 0.8053; More…

Overall outlook is unchanged in USD/CHF, as correction pattern from 0.7828 could extend further. On the upside, break of 0.8123 will target 138.2% projection of 0.7828 to 0.8075 from 0.7877 at 0.7812. However, firm break of 0.7990 support will turn bias back to the downside for 0.7877 support.

In the bigger picture, outlook will stay bearish as long as 0.8332 support turned resistance holds (2023 low). Long term down trend from 1.0342 (2017 high) is still in progress. Next target is 100% projection of 1.0146 (2022 high) to 0.8332 from 0.9200 at 0.7382.

Daily Pivots: (S1) 0.8047; (P) 0.8065; (R1) 0.8080; More…

Intraday bias in USD/CHF remains neutral for the moment. Overall outlook is unchanged that price actions from 0.7828 are developing into a corrective pattern. Risk is mildly on the upside as long as 0.7990 support holds. Firm break of 0.8123 will target 138.2% projection of 0.7828 to 0.8075 from 0.7877 at 0.7812. However, break of 0.7990 support will turn bias back to the downside for 0.7877 support.

In the bigger picture, outlook will stay bearish as long as 0.8332 support turned resistance holds (2023 low). Long term down trend from 1.0342 (2017 high) is still in progress. Next target is 100% projection of 1.0146 (2022 high) to 0.8332 from 0.9200 at 0.7382.

Daily Pivots: (S1) 0.8047; (P) 0.8065; (R1) 0.8080; More…

Intraday bias in USD/CHF is turned neutral again with current dip. Overall outlook is unchanged that price actions from 0.7828 are developing into a corrective pattern. Risk is mildly on the upside as long as 0.7990 support holds. Firm break of 0.8123 will target 138.2% projection of 0.7828 to 0.8075 from 0.7877 at 0.7812. However, break of 0.7990 support will turn bias back to the downside for 0.7877 support.

In the bigger picture, outlook will stay bearish as long as 0.8332 support turned resistance holds (2023 low). Long term down trend from 1.0342 (2017 high) is still in progress. Next target is 100% projection of 1.0146 (2022 high) to 0.8332 from 0.9200 at 0.7382.

Daily Pivots: (S1) 0.8035; (P) 0.8061; (R1) 0.8093; More…

Intraday bias in USD/CHF stays mildly on the upside for 0.8101 and then 0.8123 resistance. As noted before, price actions from 0.7828 are developing into a corrective pattern. Firm break of 0.8123 will target 138.2% projection of 0.7828 to 0.8075 from 0.7877 at 0.7812. For now, risk will stay on the upside as long as 0.7990 support holds, in case of retreat.

In the bigger picture, outlook will stay bearish as long as 0.8332 support turned resistance holds (2023 low). Long term down trend from 1.0342 (2017 high) is still in progress. Next target is 100% projection of 1.0146 (2022 high) to 0.8332 from 0.9200 at 0.7382.

Daily Pivots: (S1) 0.8035; (P) 0.8061; (R1) 0.8093; More…

Intraday bias in USD/CHF remains mildly on the upside for 0.8101 and then 0.8123 resistance. . As noted before, price actions from 0.7828 are developing into a corrective pattern. Firm break of 0.8123 will target 138.2% projection of 0.7828 to 0.8075 from 0.7877 at 0.7812. For now, risk will stay on the upside as long as 0.7990 support holds, in case of retreat.

In the bigger picture, outlook will stay bearish as long as 0.8332 support turned resistance holds (2023 low). Long term down trend from 1.0342 (2017 high) is still in progress. Next target is 100% projection of 1.0146 (2022 high) to 0.8332 from 0.9200 at 0.7382.

Daily Pivots: (S1) 0.8014; (P) 0.8034; (R1) 0.8067; More…

USD/CHF’s break of 0.8052 resistance suggests that pullback from 0.8101 has completed at 0.7990. Intraday bias is back on the upside for 0.8101 and then 0.8123. As noted before, price actions from 0.7828 are developing into a corrective pattern. Firm break of 0.8123 will target 138.2% projection of 0.7828 to 0.8075 from 0.7877 at 0.7812. For now, risk will stay on the upside as long as 0.7990 support holds, in case of retreat.

In the bigger picture, outlook will stay bearish as long as 0.8332 support turned resistance holds (2023 low). Long term down trend from 1.0342 (2017 high) is still in progress. Next target is 100% projection of 1.0146 (2022 high) to 0.8332 from 0.9200 at 0.7382.

Daily Pivots: (S1) 0.8014; (P) 0.8034; (R1) 0.8067; More…

Intraday bias in USD/CHF remains neutral for the moment. Overall outlook is unchanged that price actions from 0.7828 are developing into a corrective pattern. On the upside, break of 0.8052 will bring stronger rise to 0.8101, and then 0.8123 resistance. On the downside, though, break of 0.7990 will extend the fall from 0.8101 towards 0.7877 support instead.

In the bigger picture, long term down trend from 1.0342 (2017 high) is still in progress. Next target is 100% projection of 1.0146 (2022 high) to 0.8332 from 0.9200 at 0.7382. In any case, outlook will stay bearish as long as 0.8332 support turned resistance holds (2023 low).

USD/CHF retreated to 0.7990 last week but recovered since then. Initial bias stays neutral this week first. Overall outlook is unchanged that price actions from 0.7828 are developing into a corrective pattern. On the upside, break of 0.8052 will bring stronger rise to 0.8101, and then 0.8123 resistance. On the downside, though, break of 0.7990 will extend the fall from 0.8101 towards 0.7877 support instead.

In the bigger picture, long term down trend from 1.0342 (2017 high) is still in progress. Next target is 100% projection of 1.0146 (2022 high) to 0.8332 from 0.9200 at 0.7382. In any case, outlook will stay bearish as long as 0.8332 support turned resistance holds (2023 low).

In the long term picture, price action from 0.7065 (2011 low) are seen as a corrective pattern to the multi-decade down trend from 1.8305 (2000 high). It’s uncertain if the fall from 1.0342 is the second leg of the pattern, or resumption of the downtrend. But in either case, outlook will stay bearish as long as 0.8756 support turned resistance holds (2021 low). Retest of 0.7065 should be seen next.

Daily Pivots: (S1) 0.8006; (P) 0.8023; (R1) 0.8055; More…

No change in USD/CHF’s outlook and intraday bias stays neutral at this point. Price actions from 0.7828 low is seen are a corrective pattern. On the upside, above 0.8052 resistance will indicate that pattern is still extending, and turn bias back to the upside for 0.8123 and above. On the downside, below 0.7990 will bring deeper fall back towards 0.7877 support.

In the bigger picture, long term down trend from 1.0342 (2017 high) is still in progress. Next target is 100% projection of 1.0146 (2022 high) to 0.8332 from 0.9200 at 0.7382. In any case, outlook will stay bearish as long as 0.8332 support turned resistance holds (2023 low).

Daily Pivots: (S1) 0.8006; (P) 0.8023; (R1) 0.8055; More…

Intraday bias in USD/CHF remains neutral for the moment. Price actions from 0.7828 low is seen are a corrective pattern. On the upside, above 0.8052 resistance will indicate that pattern is still extending, and turn bias back to the upside for 0.8123 and above. On the downside, below 0.7990 will bring deeper fall back towards 0.7877 support.

In the bigger picture, long term down trend from 1.0342 (2017 high) is still in progress. Next target is 100% projection of 1.0146 (2022 high) to 0.8332 from 0.9200 at 0.7382. In any case, outlook will stay bearish as long as 0.8332 support turned resistance holds (2023 low).

Daily Pivots: (S1) 0.7978; (P) 0.8010; (R1) 0.8028; More…

No change in USD/CHF’s outlook and intraday bias stays neutral. Price actions from 0.7828 low is seen are a corrective pattern. On the upside, above 0.8070 will indicate that pattern is still extending, and turn bias back to the upside for 0.8123 and above. On the downside, below 0.7995 will bring deeper fall back towards 0.7877 support.

In the bigger picture, long term down trend from 1.0342 (2017 high) is still in progress. Next target is 100% projection of 1.0146 (2022 high) to 0.8332 from 0.9200 at 0.7382. In any case, outlook will stay bearish as long as 0.8332 support turned resistance holds (2023 low).

Daily Pivots: (S1) 0.7978; (P) 0.8010; (R1) 0.8028; More…

Intraday bias in USD/CHF remains neutral at this point. Outlook is unchanged that price actions from 0.7828 low is seen as a corrective pattern. On the upside, above 0.8070 will indicate that pattern is still extending, and turn bias back to the upside for 0.8123 and above. On the downside, below 0.7995 will bring deeper fall back towards 0.7877 support.

In the bigger picture, long term down trend from 1.0342 (2017 high) is still in progress. Next target is 100% projection of 1.0146 (2022 high) to 0.8332 from 0.9200 at 0.7382. In any case, outlook will stay bearish as long as 0.8332 support turned resistance holds (2023 low).

Daily Pivots: (S1) 0.8020; (P) 0.8036; (R1) 0.8046; More…

Intraday bias in USD/CHF stays neutral first. Outlook is unchanged that price actions from 0.7828 low is seen as a corrective pattern. On the upside, above 0.8070 will indicate that pattern is still extending, and turn bias back to the upside for 0.8123 and above. On the downside, below 0.7995 will bring deeper fall back towards 0.7877 support.

In the bigger picture, long term down trend from 1.0342 (2017 high) is still in progress. Next target is 100% projection of 1.0146 (2022 high) to 0.8332 from 0.9200 at 0.7382. In any case, outlook will stay bearish as long as 0.8332 support turned resistance holds (2023 low).

Daily Pivots: (S1) 0.8020; (P) 0.8036; (R1) 0.8046; More…

Intraday bias in USD/CHF remains neutral for the moment. Outlook is unchanged that price actions from 0.7828 low is seen as a corrective pattern. On the upside, above 0.8070 will indicate that pattern is still extending, and turn bias back to the upside for 0.8123 and above. On the downside, below 0.7995 will bring deeper fall back towards 0.7877 support.

In the bigger picture, long term down trend from 1.0342 (2017 high) is still in progress. Next target is 100% projection of 1.0146 (2022 high) to 0.8332 from 0.9200 at 0.7382. In any case, outlook will stay bearish as long as 0.8332 support turned resistance holds (2023 low).