EUR/CHF Bearish Momentum: 0.81% Down In The Last 5 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 0.81% for the last 5 sessions. At 05:06 EST on Thursday, 3 October, EUR/CHF (EURCHF) is $0.94.

EUR/CHF’s yearly highs and lows, it’s 3.976% up from its 52-week low and 5.448% 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 0.32%, a negative 0.04%, and a positive 0.31%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.37% (last week), 0.29% (last month), and 0.31% (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

  • According to FXStreet on Wednesday, 2 October, "The USD/JPY pair may encounter resistance near the upper boundary of the ascending channel at 146.80, followed by the five-week high of 147.21, last reached on September 3.", "A break below this level could push the USD/JPY pair toward the 139.58 level, marking the lowest since June 2023."
  • According to FXStreet on Thursday, 3 October, "At the time of writing, USD/JPY is trading just below 147.00, adding 0.30% on the day. "
  • According to FXStreet on Tuesday, 1 October, "Ultimately, our view on the BoJ remains more hawkish than the market’s pricing for 13bp of tightening over the next three meetings, so even if the tactical picture is turning more skewed to the upside for USD/JPY - not least because of risks of correction higher in USD rates - we are not ready to call for a sustained, multi-month JPY underperformance."
  • Usd/jpy strives to reclaim 145.00 as traders pare fed large rate cut bets. According to FXStreet on Tuesday, 1 October, "The USD/JPY pair gathers strength to extend its upside towards the crucial resistance of 145.00 in Tuesday’s European session. "

More news about EUR/CHF (EURCHF).

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