EUR/CHF Bearish By 3% In The Last 21 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 3.91% for the last 21 sessions. At 18:07 EST on Monday, 5 August, EUR/CHF (EURCHF) is $0.93.

EUR/CHF’s yearly highs and lows, it’s 3.411% up from its 52-week low and 5.962% 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 0.47%, a negative 0.17%, and a positive 0.27%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.47% (last week), 0.32% (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: when the dust settles, eur/usd should trade higher – ING. According to FXStreet on Monday, 5 August, "Weaker global growth isnot good for the pro-cyclical Euro (EUR), but the fact that the ‘US exceptionalism’narrative could be coming back to earth with a bump should be EUR/USD supportive, ING’s FX strategist Chris Turner notes.", "Overall we think EUR/USD should be able to press the 1.0950/80 region and break above 1.10 - especially if the Fed starts to acknowledge that action is required."
  • Eur/usd: top of range – rabobank. According to FXStreet on Monday, 5 August, "On the build-up of Fed rate cut speculation, EUR/USD has risen to a 5-month high and towards the top of the trading range that has dominated all year. ", "It follows that US news will create the biggest risk factors as to whether EUR/USD can hold levels above 1.10 before the end of this year."

More news about EUR/CHF (EURCHF).

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