Daily Pivots: (S1) 1.0395; (P) 1.0423; (R1) 1.0471; More…. Intraday bias in EUR/CHF is turned neutral with current recovery. Further fall is still expected as long as 1.0511 resistance holds. On the downside, break of 1.0365 will resume larger down trend to 161.8% projection of 1.1149 to 1.0694 from 1.0936 at 1.0200 next. Nevertheless, firm…
EURCHF Outlook
Daily Pivots: (S1) 1.0369; (P) 1.0389; (R1) 1.0401; More…. Intraday bias in EUR/CHF remains on the downside at this point. Current down trend from 1.1149 should target 161.8% projection of 1.1149 to 1.0694 from 1.0936 at 1.0200 next. On the upside, break of 1.0511 resistance is needed to indicate short term bottoming. Otherwise, outlook will…
EUR/CHF’s down trend extended last week and hit as low as 1.3074. Initial bias remains on the downside this week. Current fall from 1.1149 would target 161.8% projection of 1.1149 to 1.0694 from 1.0936 at 1.0200 next. On the upside, break of 1.0511 resistance is needed to indicate short term bottoming. Otherwise, outlook will stay…
Daily Pivots: (S1) 1.0388; (P) 1.0412; (R1) 1.0424; More…. Further decline is expected in EUR/CHF with 1.0511 resistance intact. Current down trend from 1.1149 should target 161.8% projection of 1.1149 to 1.0694 from 1.0936 at 1.0200 next. On the upside, though, break of 1.0511 resistance will now indicate short term bottoming, and turn bias back…
Daily Pivots: (S1) 1.0405; (P) 1.0420; (R1) 1.0434; More…. With 1.0511 resistance intact, further decline is expected in EUR/CHF. Current down trend from 1.1149 should target 161.8% projection of 1.1149 to 1.0694 from 1.0936 at 1.0200 next. On the upside, though, break of 1.0511 resistance will now indicate short term bottoming, and turn bias back…
Daily Pivots: (S1) 1.0388; (P) 1.0416; (R1) 1.0442; More…. No change in EUR/CHF’s outlook as down trend from 1.1149 is in progress. Intraday bias stays on the downside for 161.8% projection of 1.1149 to 1.0694 from 1.0936 at 1.0200 next. On the upside, though, break of 1.0511 resistance will now indicate short term bottoming, and…
Daily Pivots: (S1) 1.0406; (P) 1.0430; (R1) 1.0445; More…. EUR/CHF’s down trend is still in progress and intraday bias stays on the downside, for 161.8% projection of 1.1149 to 1.0694 from 1.0936 at 1.0200 next. On the upside, though, break of 1.0511 resistance will now indicate short term bottoming, and turn bias back to the…