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EUR/CHF Bullish Momentum With A 1% Rise In The Last 10 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.49% for the last 10 sessions. At 14:06 EST on Friday, 20 September, EUR/CHF (EURCHF) is $0.95.

EUR/CHF’s yearly highs and lows, it’s 5.138% up from its 52-week low and 4.391% 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 positive 0.09%, a negative 0.05%, and a positive 0.29%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.14% (last week), 0.26% (last month), and 0.29% (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

  • Eur: fed cut May drive the next eur/usd move – ING. According to FXStreet on Wednesday, 18 September, "In our base case (dovish 25bp cut), EUR/USD moves back below 1.110, but gradually recovers ground in the coming days. ", "The transmission channels from the Fed cut to EUR/USD are the USD short-term rate impact first, and the equity reaction second. "
  • According to FXStreet on Thursday, 19 September, "The short-term rates picture continues to argue for a consolidation in the EUR/USD above 1.11, with some upside potential. ", "If it wasn’t for the eurozone’s soft growth picture, EUR/USD would probably be trading closer to 1.13, but the short-term call is closer to 1.12 for EUR/USD, ING’s FX strategist Francesco Pesole notes."
  • Eur/usd spikes on immediate reaction to decline in fed rate projections and 50 bps rate cut. According to FXStreet on Wednesday, 18 September, "Despite Wednesday’s Fed-fueled intraday rally, EUR/USD continues to churn near the 1.1100 handle. "
  • Eur/usd gathers strength above 1.1100, eurozone inflation data and fed rate decision in focus. According to FXStreet on Wednesday, 18 September, "The EUR/USD pair trades on a stronger note around 1.1125 during the Asian trading hours on Wednesday. "
  • Eur/usd grApples with higher ground as fed cuts weigh on greenback. According to FXStreet on Thursday, 19 September, "Despite this week’s Fed-fueled rally, EUR/USD continues to churn just north of the 1.1100 handle. ", "However, EUR/USD is still cycling chart paper on the high end of recent momentum, and short pressure will have a difficult time staging a full pullback to the 50-day Exponential Moving Average (EMA) near 1.1000."

More news about EUR/CHF (EURCHF).

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