(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.24% for the last 10 sessions. At 02:06 EST on Thursday, 2 May, EUR/CHF (EURCHF) is $0.98.
EUR/CHF’s yearly highs and lows, it’s 8.671% up from its 52-week low and 0.366% down from its 52-week high.
Volatility
EUR/CHF’s last week, last month’s, and last quarter’s current intraday variation average was 0.08%, 0.01%, and 0.23%, respectively.
EUR/CHF’s highest amplitude of average volatility was 0.20% (last week), 0.21% (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 oversold (<=20).
News about
- According to FXStreet on Tuesday, 30 April, "A convincing breakthrough the latter might expose the 200-hour SMA support, currently pegged near the 155.35 zone, before the USD/JPY pair weakens further below the 155.00 psychological mark and challenges the overnight swing low, around mid-154.00s.", "This, in turn, provides an additional boost to the USD/JPY pair and remains supportive of the intraday positive move. "
- Usd/jpy recovers as traders buy the dip. According to FXStreet on Tuesday, 30 April, "USD/JPY peaked at a 34-year high of 160.32 on Monday but then rolled over and fell following a rumored currency intervention by the Japanese authorities who have been warning about the Yen weakening excessively ever since USD/JPY rose above 150.00 in March.", "This in turn is likely to continue pressuring gains in USD/JPY regardless of whether the Japanese authorities intervene. "
- According to FXStreet on Wednesday, 1 May, "The subsequent move up, along with positive oscillators on hourly charts, suggests that the path of least resistance for the USD/JPY pair is to the upside. ", "This, along with a goodish pickup in the US Dollar (USD) demand, provided an additional lift to the USD/JPY pair and contributed to the strong intraday move up."
- Usd/jpy holds losses after fed decision. According to FXStreet on Wednesday, 1 May, "When analyzing on a wider spectrum, the USD/JPY sits comfortably above the 20-day Simple Moving Average (SMA), signaling a potential short-term upward momentum. ", "On the daily chart, the Relative Strength Index (RSI) for USD/JPY illustrates a downward motion from overbought territory, indicating a potential bearish reversal. "
More news about EUR/CHF (EURCHF).
