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EUR/CHF Bearish Momentum: 0.88% Down In The Last 5 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 0.88% for the last 5 sessions. At 00:07 EST on Friday, 5 May, EUR/CHF (EURCHF) is $0.98.

EUR/CHF’s yearly highs and lows, it’s 3.542% up from its 52-week low and 7.143% down from its 52-week high.

Volatility

EUR/CHF’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.53%, a negative 0.15%, and a positive 0.30%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.53% (last week), 0.26% (last month), and 0.30% (last quarter), respectively.

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

  • Eur/usd price analysis: tests trendline breakout above 1.1000 ahead of fed/ecb policy. According to FXStreet on Wednesday, 3 May, "The EUR/USD pair has shown a marginal correction after facing fragile barricades around 1.1030 in the early European session. "
  • Eur/usd rebounds after hitting weekly low, ahead of fed and ECB policy decisions. According to FXStreet on Wednesday, 3 May, "The EUR/USD extends its gains after hitting a weekly low of 1.0942 on Tuesday, as traders brace for the Federal Reserve (Fed) and the European Central Bank (ECB) monetary policy decisions today and on May 4. ", "At the time of writing, the EUR/USD is trading around 1.1050, above its opening price by 0.44%."
  • Fed preview: no talk of eventual rate cuts not enough to feed the eur/usd bull story – ING. According to FXStreet on Wednesday, 3 May, "That again could prove mildly bearish for EUR/USD given we favour just a 25 bps hike.", "Our base case assumes that a 25 bps Fed hike and remarks that further hikes ‘may yet be required’ will not be enough to feed the EUR/USD bull story. "
  • Eur/usd could move back to 1.06 in the second half of this year – rabobank. According to FXStreet on Wednesday, 3 May, "Economists at Rabobank see risk of a move lower in EUR/USD in the latter half of this year.", "This implies that the upside momentum in EUR/USD that has persisted since Q4 last year, may be nearing a peak."

More news about EUR/CHF (EURCHF).

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