EUR/CHF Bearish Momentum With A 2% Slide In The Last 21 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 2.5% for the last 21 sessions. At 01:06 EST on Thursday, 27 July, EUR/CHF (EURCHF) is $0.95.

EUR/CHF’s yearly highs and lows, it’s 1.198% up from its 52-week low and 5.497% 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 0.14%, a negative 0.12%, and a positive 0.22%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.28% (last week), 0.21% (last month), and 0.22% (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: support at 1.1050 to remain under pressure heading into FOMC meeting – ING. According to FXStreet on Tuesday, 25 July, "We still see some downside risks to EUR/USD from the Dollar side later this week.", "It is possible we see a very narrow range in EUR/USD today, something like 1.1050-1.1100, where the pro-growth China news may be the only factor holding EUR/USD above 1.1050."
  • According to FXStreet on Tuesday, 25 July, "Further downside, the EUR/USD pair should meet immediate contention at theweekly low of 1.1041 ahead of the psychological 1.1000 mark, all seconded by provisional support at the 55-day and 100-day Simple Moving Averages (SMA) at 1.0900 and 1.0890, respectively. ", "The constructive view of EUR/USD appears unchanged as long as the pair trades above the key 200-day SMA."
  • Eur/usd price analysis: finds support near 100-period SMA on h4, bulls seem reluctant. According to FXStreet on Tuesday, 25 July, "The EUR/USD pair edges higher during the Asian session on Tuesday and for now, seems to have snapped a five-day losing streak, stalling its corrective slide from the highest level since February 2022 touched earlier this week. ", "The US Dollar (USD) ticks down following the recent recovery from a 15-month low witnessed over the past five days and turns out to be a key factor lending some support to the EUR/USD pair. "
  • According to FXStreet on Tuesday, 25 July, "However, relative short-term rates (which have been the main driver of the EUR/USD pair this year), don’t support the Euro at all. "

More news about EUR/CHF (EURCHF).

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