(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.36% for the last 5 sessions. At 15:06 EST on Sunday, 29 October, EUR/CHF (EURCHF) is $0.95.
EUR/CHF’s yearly highs and lows, it’s 1.179% up from its 52-week low and 5.635% 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 oversold (<=20).
News about
- According to FXStreet on Friday, 27 October, "EUR/CNY has continued to move lower trading with a high correlation to EUR/USD again. "
- Eur/usd price analysis: stages mild recovery above 1.0550, upside potential seems limited. According to FXStreet on Friday, 27 October, " According to the four-hour chart, the EUR/USD pair holds below the 100- and 200-hour Exponential Moving Averages (EMAs), suggesting the path of least resistance is to the downside. ", "The EUR/USD pair recovers some lost ground above the mid-1.0500s during the early European session on Friday. "
- Eur/usd: weekly forecast 29th October – 4th November – 29 October 2023. According to DailyForex on Sunday, 29 October, "The movement of the EUR/USD higher since touching a low of nearly 1.04940 on the 13th of October may have started to look promising for speculators who thought a sustained track higher could potentially touch highs seen in mid-September. ", "Traders who want to continue pursuing lower values with the EUR/USD should remain cautious too, because a strong price velocity lower would likely have to be propelled by additional negative news developing and affecting global financial markets. "
- Eur/usd to fall to 1.02 by year-end – nomura. According to FXStreet on Friday, 27 October, "As the ECB policy decision of "on hold" in October was in line with pre-event market expectations, the decline in EUR/USD after this meeting was fairly limited. ", "We maintain our forecast that EUR/USD will fall to 1.02 by year-end, and keep our trade recommendation of short EUR/CAD, targeting 1.3850 also by year-end."
More news about EUR/CHF (EURCHF).
