(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.28% for the last 10 sessions. At 17:06 EST on Tuesday, 17 October, EUR/CHF (EURCHF) is $0.95.
EUR/CHF’s yearly highs and lows, it’s 0.507% up from its 52-week low and 5.754% 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 0.15%, a positive 0.02%, and a positive 0.23%, respectively.
EUR/CHF’s highest amplitude of average volatility was 0.26% (last week), 0.25% (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
- Eur/usd signal: faces downward pressure amidst economic uncertainty – 16 October 2023. According to DailyForex on Monday, 16 October, "Potential signal: I will still be short the EUR/USD pair, and I think we are going to see 1.0250 in the near future. "
- Eur/usd trades with mild positive bias above 1.0500 mark, lacks bullish conviction. According to FXStreet on Monday, 16 October, "The EUR/USD pair kicks off the new week on a positive note and reverses a part of Friday’s losses to a one-week low - levels just below the 1.0500 psychological mark. ", "Furthermore, ECB President Christine Lagarde, speaking at the International Monetary Fund’s annual meeting, said over the weekend that growth could be slower if the effects of monetary policy turn out to be more forceful than expected, or if the world economy weakens further and geopolitical risks intensify, warranting caution for the EUR/USD bulls."
- According to FXStreet on Monday, 16 October, "As long as the EUR/USD remains below the 200-day SMA, there is a potential for sustained downward pressure.", "The Euro (EUR) starts the new trading week on a positive foot against the US Dollar (USD), encouraging EUR/USD to extend the rebound from the 1.0500 neighbourhood and regain the 1.0540 zone on Monday."
- Eur/usd forex signal: more downside as it falls below rising wedge pattern – 16 October 2023. According to DailyForex on Monday, 16 October, "The EUR/USD retreated on Monday as geopolitical risks continued rising and as US bond yields continued retreating. ", "Forex Brokers We Recommend in Your Region See full brokers list 1 Read full review Get Started BrokerGeoLists.push({type:’ReviewsNonPartner’,id:’horizontal-top-5′,size:5,fullReviewText:`Read full review`,getStartedText:`Get Started`,readReviewText:`Review`});Bearish viewSell the EUR/USD pair and set a take-profit at 1.0400."
- Eur/usd price analysis: posts modest gains above 1.0500, upside seems limited. According to FXStreet on Monday, 16 October, " According to the four-hour chart, the EUR/USD pair holds below the 50- and 100-hour Exponential Moving Averages (EMAs) with a downward slope, which means the path of least resistance for the pair is to the downside. ", " That being said, the immediate resistance level for EUR/USD is seen near the 50-hour EMA at 1.0558. "
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