Daily Pivots: (S1) 0.9589; (P) 0.9636; (R1) 0.9721; More…. Intraday bias in EUR/CHF stays neutral first with focus on 0.9712 resistance. Decisive break there will argue that fall from 0.9864 has completed totally at 0.9407, and bring stronger rally back to this résistance. Further break there will carry larger bullish implication. Nevertheless, break of 0.9548
EURCHF Outlook
EUR/CHF rebounded strongly after edging lower to 0.9407 last week. But upside is limited below 0.9712 resistance so far. Initial bias stays neutral this week first. On the upside, break of 0.9712 will argue that fall from 0.9864 has completed totally at 0.9407, and bring stronger rally back to this résistance. Further break there will
Daily Pivots: (S1) 0.9494; (P) 0.9543; (R1) 0.9617; More…. EUR/CHF’s recovery from 0.9407 extends higher but stays well below 0.9712 resistance. Intraday bias stays neutral and outlook remains bearish. Break of 0.9407 will resume larger down trend. Next target is 61.8% projection of 1.0512 to 0.9550 from 0.9864 at 0.9269. In the bigger picture, long
Daily Pivots: (S1) 0.9450; (P) 0.9488; (R1) 0.9540; More…. EUR/CHF is staying in consolidation from 0.9470 and intraday bias remains neutral at this point. Outlook remains bearish with 0.9712 resistance intact. Break of 0.9407 will resume larger down trend. Next target is 61.8% projection of 1.0512 to 0.9550 from 0.9864 at 0.9269. In the bigger
Daily Pivots: (S1) 0.9480; (P) 0.9520; (R1) 0.9556; More…. Intraday bias in EUR/CHF stays neutral for consolidation above 0.9407 temporary low. Outlook remains bearish with 0.9712 resistance intact. Break of 0.9407 will resume larger down trend. Next target is 61.8% projection of 1.0512 to 0.9550 from 0.9864 at 0.9269. In the bigger picture, long term
Daily Pivots: (S1) 0.9465; (P) 0.9543; (R1) 0.9588; More…. Intraday bias in EUR/CHF is turned neutral again with current recovery, but outlook remains bearish with 0.9712 resistance intact. Break of 0.9407 will resume larger down trend. Next target is 61.8% projection of 1.0512 to 0.9550 from 0.9864 at 0.9269. In the bigger picture, long term
Daily Pivots: (S1) 0.9465; (P) 0.9543; (R1) 0.9588; More…. EUR/CHF’s break of 0.9464 indicates down trend resumption. Intraday bias is back on the downside for 61.8% projection of 1.0512 to 0.9550 from 0.9864 at 0.9269. On the upside, break of 0.9712 resistance is needed to indicate short term bottoming. Otherwise, outlook will remain bearish in