(VIANEWS) – EUR/CHF (EURCHF) has been up by 0.91% for the last 10 sessions. At 14:06 EST on Tuesday, 10 October, EUR/CHF (EURCHF) is $0.96.
EUR/CHF’s yearly highs and lows, it’s 0.82% up from its 52-week low and 5.001% 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 0.10%, a positive 0.04%, and a positive 0.23%, respectively.
EUR/CHF’s highest amplitude of average volatility was 0.18% (last week), 0.24% (last month), and 0.23% (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
- According to FXStreet on Monday, 9 October, "The continuation of selling pressure on EUR/USD might result in a review of the 2023 low at 1.0448 seen on October 3, with a challenge of the crucial round mark of 1.0400. ", "As long as the EUR/USD remains below the 200-day SMA, additional negative pressure is possible."
- Eur/usd price analysis: hovers above 1.0550 major level, MACD suggests momentum shift. According to FXStreet on Tuesday, 10 October, "On the upside, the EUR/USD pair could faceresistance near the major level at 1.0600 lined up with the 21-day Exponential Moving Average (EMA) at 1.0605.", "However, the prevailing bullish momentum in the EUR/USD pair indicates a bearish bias, as the 14-day Relative Strength Index (RSI) remains below the 50 level."
- Eur/usd trades with a mild positive bias on subdued USD demand, remains below 1.0600 mark. According to FXStreet on Tuesday, 10 October, "This, along with the US bond yields and the broader risk sentiment, will drive the USD demand and contribute to producing short-term trading opportunities around the EUR/USD pair in the absence of any relevant economic data.", "This points to a well-established short-term bearish trend and makes it prudent to wait for a strong follow-through buying before confirming that the EUR/USD pair has formed a near-term bottom around the 1.0450-1.0445 area, or the YTD trough set last week. "
- Eur/usd trades higher around 1.0570 amid palestine-Israel military conflict. According to FXStreet on Monday, 9 October, "The renewed geopolitical tensions could impact the recent surge of the EUR/USD pair. "
- Eur/usd technical analysis: new exciting trading week – 09 October 2023. According to DailyForex on Monday, 9 October, "Expectations for the euro against the dollar today:According to the performance on the daily chart below, the price of the EUR/USD currency pair has not yet broken the general downward trend."
More news about EUR/CHF (EURCHF).
