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EUR/CHF Bearish Momentum: 0.778% Down In The Last 24 Hours

(VIANEWS) – EUR/CHF (EURCHF) has been up by 0.7779% for the last session’s close. At 22:07 EST on Saturday, 11 March, EUR/CHF (EURCHF) is $0.98.

EUR/CHF’s yearly highs and lows, it’s 3.892% up from its 52-week low and 6.829% down from its 52-week high.

Forex Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, EUR/CHF’s Forex is considered to be overbought (>=80).

News about

  • Usd/jpy marks 100-pip whipsaw on boj status quote, kuroda’s farewell eyed. According to FXStreet on Friday, 10 March, "Unless marking a successful break of 200-DMA, around 137.50 by the press time, the USD/JPY remains on the bear’s radar.", "Moving on, Kuroda’s speech will be crucial for the USD/JPY traders ahead of the US jobs report for February."
  • Usd/jpy falls to test daily lows near 135.80 after NFP. According to FXStreet on Friday, 10 March, "The USD/JPY dropped to levels sub 136.00 following the release of the US employment report. ", "The daily lows area in USD/JPY is being challenged at the moment, and a break lower could trigger an acceleration. "
  • Usd/jpy sticks to boj-inspired gains, remains below 137.00 ahead of US NFP report. According to FXStreet on Friday, 10 March, "The USD/JPY pair shows some resilience below the 100-day Simple Moving Average (SMA) and attracts fresh buying near the 135.80 region, or a multi-day low touched earlier this Friday. ", "This, along with the latest US consumer inflation figures, due next Tuesday, will influence the Fed’s rate-hike path, which will drive the USD and provide a fresh directional impetus to the USD/JPY Pair."
  • Usd/jpy forecast: dollar has a pullback against yen – 10 March 2023. According to DailyForex on Friday, 10 March, "The USD/JPY has shown some weakness against the Japanese yen during Thursday’s trading session, solidifying the idea of the ¥137.50-¥138 level being a significant resistance barrier. "

More news about EUR/CHF (EURCHF).

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