blog

EUR/CHF Daily Outlook

EUR/CHF DAILY OUTLOOK


Daily Pivots: (S1) 10,532; (S2) 10,519 (S3) 10,505 (P) 10,546; (R1) 10,559 (R2) 10,573; (R3) 10,587

No change in EUR/CHF’s outlook as consolidation from 10,523 is extending.

Intraday bias stays neutral first. Another rise cannot be ruled out but upside outlook will remain bearish as long as 10,655 resistance holds.

On the downside, break of 10,525 will resume larger down trend to overbalance target at 10,394.

However, on the upside, break of 10,655 will indicate short term bottoming.

Stronger rebound would be seen back to 10,800 – 11,050 resistance zone.

Pay-Per-Trade Introduction

Telegram Messenger


Get Started for Free

© 2018 – Born2Trading, All rights reserved.

Trading spot foreign currencies (“forex”), indices, commodities or futures contract is not appropriate for all investors, and the risks of trading can be substantial. You should carefully consider whether trading is right for you in light of your particular circumstances and financial resources. By acknowledging this statement and contracting for the services provided by Born2Trading.com (“B2T”), you acknowledge that you have not sought advice from B2T regarding the appropriateness of trading for you, and B2T has not provided any such advice to you.

You agree and acknowledge further that the trading signals provided to you by B2T (trading signals) are not, and are not intended to be, an offer or solicitation to enter into any trading transaction, or any type of trading or investment advice, recommendation or strategy. You acknowledge that it is solely your decision to determine which, if any, B2T trading signals to use for trading (whether actual or simulated) at a Retail Foreign Exchange Dealer, Futures Commission Merchant or other financial institution (collectively referred to as “Financial Institution”), and whether to send all, some, or none of the B2T trading signals to such Financial Institution for execution.

You understand that past performance associated with any trading signals offered by B2T, whether actual, hypothetical or historically “back-tested” is neither necessarily indicative of nor a guarantee of future performance or success.

Trading B2T signals may result in the total loss of the funds that you deposit at a Financial Institution, and you may incur losses in excess of your deposits. Leverage can work against you as well as for you, and can lead to large losses as well as gains. Moreover, funds held at such Financial Institution are typically not guaranteed or insured against misappropriation or the bankruptcy of the Financial Institution. You should only trade with funds that you can afford to lose.

Based on the foregoing, you agree that you shall not seek to hold B2T responsible for any losses associated with any trading signals provided to you by B2T. In the event that any claims, suits, actions, damages, liabilities, obligations, losses, or expenses (including reasonable attorneys’ fees) arise out of or relate to the relationship between B2T and you, and/or any trading signals provided by B2T to you, you agree to indemnify and hold B2T harmless therefrom.

THIS BRIEF STATEMENT CANNOT DISCLOSE ALL THE RISKS AND OTHER ASPECTS OF THE MARKETS. YOU SHOULD CONSULT WITH YOUR FINANCIAL ADVISOR PRIOR TO TRADING OF ANY MARKETS.