Daily Pivots: (S1) 1.0255; (P) 1.0282; (R1) 1.0316; More…. Intraday bias in EUR/CHF stays neutral at this point. Outlook is unchanged that corrective rebound from 0.9970 should have completed with three waves up to 1.0513, after rejection by 1.0505 key resistance. Below 1.0228 will target 1.0086 support. Firm break there will bring retest of 0.9970…
EURCHF Outlook
Daily Pivots: (S1) 1.0238; (P) 1.0278; (R1) 1.0318; More…. Intraday bias in EUR/CHF remains neutral for the moment. Corrective rebound from 0.9970 should have completed with three waves up to 1.0513, after rejection by 1.0505 key resistance. Below 1.0228 will target 1.0086 support. Firm break there will bring retest of 0.9970 low. However, break of…
Daily Pivots: (S1) 1.0284; (P) 1.0317; (R1) 1.0348; More…. Intraday bias in EUR/CHF remains neutral and outlook is unchanged. Corrective rebound from 0.9970 should have completed with three waves up to 1.0513, after rejection by 1.0505 key resistance. Below 1.0228 will target 1.0086 support. Firm break there will bring retest of 0.9970 low. However, break…
Daily Pivots: (S1) 1.0282; (P) 1.0308; (R1) 1.0352; More…. Intraday bias in EUR/CHF remains neutral and further fall is expected with 1.0359 minor resistance intact. Corrective rebound from 0.9970 should have completed with three waves up to 1.0513, after rejection by 1.0505 key resistance. Below 1.0228 will target 1.0086 support. Firm break there will bring…
Daily Pivots: (S1) 1.0262; (P) 1.0283; (R1) 1.0310; More…. Intraday bias in EUR/CHF is turned neutral with current recovery. But further fall is expected with 1.0359 minor resistance intact. Corrective rebound from 0.9970 should have completed with three waves up to 1.0513, after rejection by 1.0505 key resistance. Below 1.0228 will target 1.0086 support. Firm…
EUR/CHF’s decline last week argues that corrective rebound from 0.9970 has completed with waves up to 1.0513, after rejection by 1.0505 key resistance. Initial bias stays on the downside this week for 1.0186 support first. Break there will target 1.0086 next. On the upside, above 1.0359 minor resistance will turn intraday bias neutral first. But…
Daily Pivots: (S1) 1.0230; (P) 1.0296; (R1) 1.0361; More…. Intraday bias in EUR/CHF remains on the downside at this point. Corrective rebound from 0.9970 could have complete at 1.0513, after rejection by 1.0505 resistance. Deeper fall would be seen to 1.0186 support first. Break will target 1.0086 and below. On the upside, above 1.0359 minor…