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EUR/CHF Bearish Momentum With A 1% Slide In The Last 21 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.85% for the last 21 sessions. At 18:06 EST on Wednesday, 3 January, EUR/CHF (EURCHF) is $0.93.

EUR/CHF’s yearly highs and lows, it’s 2.68% up from its 52-week low and 8.171% 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 0.40%, a negative 0.14%, and a positive 0.27%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.44% (last week), 0.29% (last month), and 0.27% (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 forex signal: break and retest pattern is forming – 02 January 2024. According to DailyForex on Tuesday, 2 January, "The EUR/USD exchange rate continued retreating on Tuesday after peaking at 1.1138 last week. ", "The EUR/USD price has pulled back as traders continue watching the ongoing geopolitical risks around the world. "
  • Eur/usd forex signal: bullish trend is still on ahead of FOMC minutes – 03 January 2024. According to DailyForex on Wednesday, 3 January, "The EUR/USD exchange rate dropped as the US dollar index and bond yields bounced back. ", "The EUR/USD pair will be in the spotlight on Wednesday as traders reflect on several economic numbers from the US and Europe. "
  • According to FXStreet on Wednesday, 3 January, "On the upside, buyers could show interest in case EUR/USD returns within the ascending channel by flipping 1.1000 into support. "
  • Eur/usd analysis: amid profit-taking sell-off – 03 January 2024. According to DailyForex on Wednesday, 3 January, "Even dollar bears are also cautious about the European outlook, limiting the potential scope for EUR/USD gains.", "The consensus among analysts was for EUR/USD to trade around 1.11 at the end of 2024, although that may now be revised slightly higher. "
  • Eur/usd forecast: January 2024 – 01 January 2024. According to DailyForex on Monday, 1 January, "Price velocity was fast as the EUR/USD had climbed, and the week of trading that followed until the 21st was full of reversals. ", "On the 14th of December, the EUR/USD was trading near a high of 1.10100 momentarily. "

More news about EUR/CHF (EURCHF).

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