Daily Pivots: (S1) 0.9745; (P) 0.9780; (R1) 0.9801; More…

Intraday bias in USD/CHF remains neutral for the moment. In case of another recovery, upside should be limited by 0.9854 support turned resistance to bring fall resumption. On the downside, break of 0.9695 will resume the fall from 1.0237 to 0.9587 fibonacci level. Nevertheless, break of 0.9854 will indicate short term bottoming and target 1.0014 resistance instead.

In the bigger picture, current development confirms that up trend from 0.9186 (2018 low) has completed at 1.0237 already. With 38.2% retracement of 0.9186 to 1.0237 at 0.9836 taken out, deeper fall should be seen to 61.8% retracement at 0.9587 and below. We’d pay attention to bottoming signal below 0.9587.

Daily Pivots: (S1) 0.9745; (P) 0.9780; (R1) 0.9801; More…

USD/CHF weakens mildly today but stays in range above 0.9695 temporary low. Intraday bias remains neutral for more consolidations. Upside of recovery should be limited by 0.9854 support turned resistance to bring fall resumption. On the downside, break of 0.9695 will resume the fall from 1.0237 to 0.9587 fibonacci level. Nevertheless, break of 0.9854 will indicate short term bottoming and target 1.0014 resistance instead.

In the bigger picture, current development confirms that up trend from 0.9186 (2018 low) has completed at 1.0237 already. With 38.2% retracement of 0.9186 to 1.0237 at 0.9836 taken out, deeper fall should be seen to 61.8% retracement at 0.9587 and below. We’d pay attention to bottoming signal below 0.9587.

Daily Pivots: (S1) 0.9752; (P) 0.9768; (R1) 0.9796; More…

Intraday bias in USD/CHF remains neutral for the moment. With 0.9854 resistance intact, further decline is expected. On the downside, break of 0.9695 will resume the fall from 1.0237 to 0.9587 fibonacci level. Nevertheless, break of 0.9854 will indicate short term bottoming and target 1.0014 resistance instead.

In the bigger picture, current development confirms that up trend from 0.9186 (2018 low) has completed at 1.0237 already. With 38.2% retracement of 0.9186 to 1.0237 at 0.9836 taken out, deeper fall should be seen to 61.8% retracement at 0.9587 and below. We’d pay attention to bottoming signal below 0.9587.

Daily Pivots: (S1) 0.9752; (P) 0.9768; (R1) 0.9796; More…

USD/CHF’s recovery from 0.9695 extends higher today but stays below 0.9854 support turned resistance. Intraday bias stays neutral and outlook remains bearish for another decline. On the downside, break of 0.9695 will resume the fall from 1.0237 to 0.9587 fibonacci level. Nevertheless, break of 0.9854 will indicate short term bottoming and target 1.0014 resistance instead.

In the bigger picture, current development confirms that up trend from 0.9186 (2018 low) has completed at 1.0237 already. With 38.2% retracement of 0.9186 to 1.0237 at 0.9836 taken out, deeper fall should be seen to 61.8% retracement at 0.9587 and below. We’d pay attention to bottoming signal below 0.9587.

Daily Pivots: (S1) 0.9707; (P) 0.9742; (R1) 0.9791; More…

USD/CHF is still bounded in consolidation from 0.9695 temporary low and intraday bias remains neutral. Upside of recovery should be limited by 0.9854 support turned resistance to bring fall resumption. On the downside, below 0.9659 will target 0.9587 fibonacci level. Nevertheless, break of 0.9854 will indicate short term bottoming and target 1.0014 resistance instead.

In the bigger picture, current development confirms that up trend from 0.9186 (2018 low) has completed at 1.0237 already. With 38.2% retracement of 0.9186 to 1.0237 at 0.9836 taken out, deeper fall should be seen to 61.8% retracement at 0.9587 and below. We’d pay attention to bottoming signal below 0.9587.

Daily Pivots: (S1) 0.9707; (P) 0.9742; (R1) 0.9791; More…

Intraday bias in USD/CHF remains neutral for consolidation above 0.9695 temporary low. Upside of recovery should be limited by 0.9854 support turned resistance to bring fall resumption. On the downside, below 0.9659 will target 0.9587 fibonacci level. Nevertheless, break of 0.9854 will indicate short term bottoming and target 1.0014 resistance instead.

In the bigger picture, current development confirms that up trend from 0.9186 (2018 low) has completed at 1.0237 already. With 38.2% retracement of 0.9186 to 1.0237 at 0.9836 taken out, deeper fall should be seen to 61.8% retracement at 0.9587 and below. We’d pay attention to bottoming signal below 0.9587.

Daily Pivots: (S1) 0.9692; (P) 0.9738; (R1) 0.9766; More…

A temporary low is in place at 0.9695 in USD/CHF with current recovery. Intraday bias is turned neutral for some consolidations first. Upside of recovery should be limited by 0.9854 support turned resistance to bring fall resumption. On the downside, below 0.9659 will target 0.9587 fibonacci level. Nevertheless, break of 0.9854 will indicate short term bottoming and target 1.0014 resistance instead.

In the bigger picture, current development confirms that up trend from 0.9186 (2018 low) has completed at 1.0237 already. With 38.2% retracement of 0.9186 to 1.0237 at 0.9836 taken out, deeper fall should be seen to 61.8% retracement at 0.9587 and below. We’d pay attention to bottoming signal below 0.9587.

Daily Pivots: (S1) 0.9692; (P) 0.9738; (R1) 0.9766; More…

Intraday bias in USD/CHF remains on the downside for the moment. With 0.9716 support broken, next target would be 0.9587 fibonacci level. On the upside, above 0.9783 minor resistance will turn intraday bias neutral and bring consolidations first. But recovery should be limited well below 1.0014 resistance to bring fall resumption.

In the bigger picture, current development confirms that up trend from 0.9186 (2018 low) has completed at 1.0237 already. With 38.2% retracement of 0.9186 to 1.0237 at 0.9836 taken out, deeper fall should be seen to 61.8% retracement at 0.9587 and below. We’d pay attention to bottoming signal below 0.9587.

Daily Pivots: (S1) 0.9733; (P) 0.9786; (R1) 0.9816; More…

USD/CHF’s fall is still in progress and intraday bias remains on the downside. Current fall should target 0.9716 support first. Break will target 0.9587 fibonacci level next. On the upside, break of 0.9838 minor resistance will turn intraday bias neutral and bring consolidations. But recovery should be limited well below 1.0014 resistance to bring fall resumption.

In the bigger picture, current development confirms that up trend from 0.9186 (2018 low) has completed at 1.0237 already. With 38.2% retracement of 0.9186 to 1.0237 at 0.9836 taken out, deeper fall should be seen to 61.8% retracement at 0.9587 and below. We’d pay attention to bottoming signal below 0.9587.

Daily Pivots: (S1) 0.9733; (P) 0.9786; (R1) 0.9816; More…

Intraday bias in USD/CHF remains on the downside at this point. Current decline should target 0.9716 support first. Break will target 0.9587 fibonacci level next. On the upside, break of 0.9838 minor resistance will turn intraday bias neutral and bring consolidations. But recovery should be limited well below 1.0014 resistance to bring fall resumption.

In the bigger picture, current development confirms that up trend from 0.9186 (2018 low) has completed at 1.0237 already. With 38.2% retracement of 0.9186 to 1.0237 at 0.9836 taken out, deeper fall should be seen to 61.8% retracement at 0.9587 and below. We’d pay attention to bottoming signal below 0.9587.

USD/CHF’s fall from 1.0237 resumed last week and reached as low as 0.9756. Initial bias remains on the downside this week for 0.9716 support first. Break will target 0.9587 fibonacci level next. On the upside, break of 0.9838 minor resistance will turn intraday bias neutral and bring consolidations. But recovery should be limited well below 1.0014 resistance to bring fall resumption.

In the bigger picture, current development confirms that up trend from 0.9186 (2018 low) has completed at 1.0237 already. With 38.2% retracement of 0.9186 to 1.0237 at 0.9836 taken out, deeper fall should be seen to 61.8% retracement at 0.9587 and below. We’d pay attention to bottoming signal below 0.9587.

In the long term picture, price actions from 0.7065 (2011 low) are not clearly impulsive yet. Thus, we’ll treat it as developing into a corrective pattern, at least, until a firm break of 1.0342 resistance.

Daily Pivots: (S1) 0.9757; (P) 0.9854; (R1) 0.9916; More…

No change in USD/CHF’s outlook. Intraday bias stays on the downside with 0.9861 minor resistance intact. Fall from 1.0237 is still in progress for 0.9716 support. On the upside, break of 0.9861 minor resistance will turn intraday bias neutral and bring consolidations. But recovery should be limited well below 1.0014 resistance to bring fall resumption.

In the bigger picture, USD/CHF’s break of long term trend line support is the first indication of medium term reversal. That is, rise from 0.9186 (2018 low) could have completed at 1.0237 already). Sustained break of 38.2% retracement of 0.9186 to 1.0237 at 0.9836 will confirm and target 61.8% retracement at 0.9587. However, strong rebound from 0.9836 will revive medium term bullishness for 1.0237 and above.

Daily Pivots: (S1) 0.9757; (P) 0.9854; (R1) 0.9916; More…

Intraday bias in USD/CHF remains on the downside as fall from 1.0237 is in progress. Next target is 0.9716 support. On the upside, break of 0.9861 minor resistance will turn intraday bias neutral and bring consolidations. But recovery should be limited well below 1.0014 resistance to bring fall resumption.

In the bigger picture, USD/CHF’s break of long term trend line support is the first indication of medium term reversal. That is, rise from 0.9186 (2018 low) could have completed at 1.0237 already). Sustained break of 38.2% retracement of 0.9186 to 1.0237 at 0.9836 will confirm and target 61.8% retracement at 0.9587. However, strong rebound from 0.9836 will revive medium term bullishness for 1.0237 and above.

Daily Pivots: (S1) 0.9899; (P) 0.9958; (R1) 0.9999; More…

USD/CHF drops to as low as 0.9830 so far today and break of 0.9854 support confirms resumption of fall from 1.0237. Rejection by 55 day was also a clear near term bearish signal. Intraday bias remains on the downside for 0.9716 support next. On the upside, break of 0.9897 minor resistance will turn intraday bias neutral and bring consolidations. But recovery should be limited well below 1.0014 resistance to bring fall resumption.

In the bigger picture, USD/CHF’s break of long term trend line support is the first indication of medium term reversal. That is, rise from 0.9186 (2018 low) could have completed at 1.0237 already). Sustained break of 38.2% retracement of 0.9186 to 1.0237 at 0.9836 will confirm and target 61.8% retracement at 0.9587. However, strong rebound from 0.9836 will revive medium term bullishness for 1.0237 and above.

Daily Pivots: (S1) 0.9899; (P) 0.9958; (R1) 0.9999; More…

USD/CHF’s sharp fall and break of 0.9925 minor support suggests rejection by 1.0008 support turned resistance. Recovery from 0.9854 should have completed at 1.0014 and larger fall from 1.0237 is ready to resume. Intraday bias is turned back to the downside. Break of 0.9854 will confirm this bearish case and target 0.9716 support next. For now, outlook will remain bearish as long as 1.0014 resistance holds, in case of recovery.

In the bigger picture, USD/CHF’s break of long term trend line support is the first indication of medium term reversal. That is, rise from 0.9186 (2018 low) could have completed at 1.0237 already). Sustained break of 38.2% retracement of 0.9186 to 1.0237 at 0.9836 will confirm and target 61.8% retracement at 0.9587. However, strong rebound from 0.9836 will revive medium term bullishness for 1.0237 and above.

Daily Pivots: (S1) 0.9973; (P) 0.9993; (R1) 1.0021; More…

No change in USD/CHF’s outlook and focus remains on 1.0008 support turned resistance. Decisive break will indicate completion of fall from 1.0237 and turn bias to the upside for 1.0098 resistance first. Rejection by 1.0008, followed by break of 0.9925 minor support will turn bias back to the downside for 0.9854 support.

In the bigger picture, USD/CHF’s break of long term trend line support is the first indication of medium term reversal. That is, rise from 0.9186 (2018 low) could have completed at 1.0237 already). Sustained break of 38.2% retracement of 0.9186 to 1.0237 at 0.9836 will confirm and target 61.8% retracement at 0.9587. However, strong rebound from 0.9836 will revive medium term bullishness for 1.0237 and above.

Daily Pivots: (S1) 0.9973; (P) 0.9993; (R1) 1.0021; More…

Focus remains on 1.0008 support turned resistance in USD/CHF. Decisive break will indicate completion of fall from 1.0237 and turn bias to the upside for 1.0098 resistance first. Rejection by 1.0008, followed by break of 0.9925 minor support will turn bias back to the downside for 0.9854 support.

In the bigger picture, USD/CHF’s break of long term trend line support is the first indication of medium term reversal. That is, rise from 0.9186 (2018 low) could have completed at 1.0237 already). Sustained break of 38.2% retracement of 0.9186 to 1.0237 at 0.9836 will confirm and target 61.8% retracement at 0.9587. However, strong rebound from 0.9836 will revive medium term bullishness for 1.0237 and above.

Daily Pivots: (S1) 0.9971; (P) 0.9985; (R1) 1.0004; More…

USD/CHF’s rebound from 0.9854 extends higher today. Focus is now on 1.0008 support turned resistance. Decisive break will indicate completion of fall from 1.0237 and turn bias to the upside for 1.0098 resistance first. Rejection by 1.0008, followed by break of 0.9925 minor support will turn bias back to the downside for 0.9854 support.

In the bigger picture, USD/CHF’s break of long term trend line support is the first indication of medium term reversal. That is, rise from 0.9186 (2018 low) could have completed at 1.0237 already). Sustained break of 38.2% retracement of 0.9186 to 1.0237 at 0.9836 will confirm and target 61.8% retracement at 0.9587. However, strong rebound from 0.9836 will revive medium term bullishness for 1.0237 and above.

Daily Pivots: (S1) 0.9971; (P) 0.9985; (R1) 1.0004; More…

Intraday bias in USD/CHF remains neutral for the moment. With 1.0008 support turned resistance intact, recovery from 0.9854 is still seen as a corrective move. On the downside, break of 0.9918 minor support will turn bias to the downside or 0.9854 first. On the upside, break of 1.0008 will indicate completion of fall from 1.0237 and turn bias to the upside.

In the bigger picture, USD/CHF’s break of long term trend line support is the first indication of medium term reversal. That is, rise from 0.9186 (2018 low) could have completed at 1.0237 already). Sustained break of 38.2% retracement of 0.9186 to 1.0237 at 0.9836 will confirm and target 61.8% retracement at 0.9587. However, strong rebound from 0.9836 will revive medium term bullishness for 1.0237 and above.

Daily Pivots: (S1) 0.9943; (P) 0.9969; (R1) 1.0013; More…

Outlook in USD/CHF remains unchanged. Intraday bias stays neutral with focus on 1.0008 support turned resistance. As long as 1.0008 holds, further decline is still expected. Sustained break of 0.9836 fibonacci level should confirm medium term reversal. However, break of 1.0008 will indicate completion of fall from 1.0237 and turn bias to the upside.

In the bigger picture, USD/CHF’s break of long term trend line support is the first indication of medium term reversal. That is, rise from 0.9186 (2018 low) could have completed at 1.0237 already). Sustained break of 38.2% retracement of 0.9186 to 1.0237 at 0.9836 will confirm and target 61.8% retracement at 0.9587. However, strong rebound from 0.9836 will revive medium term bullishness for 1.0237 and above.