(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.07% for the last 10 sessions. At 19:06 EST on Thursday, 12 October, EUR/CHF (EURCHF) is $0.96.
EUR/CHF’s yearly highs and lows, it’s 0.505% up from its 52-week low and 5.299% down from its 52-week high.
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 continues to gain near 1.0610, focus on German, US data. According to FXStreet on Wednesday, 11 October, "On the other side, the uptick in German bond yields could limit the advancement of the EUR/USD pair, as market participants anticipate the European Central Bank (ECB) to pause its tightening cycle."
- Eur/usd forex signal: inverted h&s pattern forms – 10 October 2023. According to DailyForex on Tuesday, 10 October, "Forex Brokers We Recommend in Your Region See full brokers list 1 Read full review Get Started BrokerGeoLists.push({type:’ReviewsNonPartner’,id:’horizontal-top-5′,size:5,fullReviewText:`Read full review`,getStartedText:`Get Started`,readReviewText:`Review`});Bullish viewBuy the EUR/USD pair and set a take-profit at 1.0650.", "The next EUR/USD news will be the upcoming Federal Reserve minutes and US consumer price index (CPI) data on Thursday. "
- According to FXStreet on Wednesday, 11 October, "As long as the EUR/USD remains below the 200-day SMA, the potential for sustained downward pressure persists.", "The Euro (EUR) alternates gains with losses against the US Dollar (USD) on Wednesday, motivating EUR/USD to trade without a clear direction around the 1.0600 neighbourhood."
- Eur/usd technical analysis: general trend is still bearish – 10 October 2023. According to DailyForex on Tuesday, 10 October, "But this trade can come back into action at any time and any bullish EUR/USD event should be viewed as a profit taking event in the opposite direction which is required to rebalance the market from previously extended positions.", "This stopped the EUR/USD pair’s recent attempts to move upward towards the 1.0600 level at the end of last week’s trading, and it settled lower around the 1.0530 support level at the time of writing the analysis. "
- Eur/usd finds respite as US yields dip as traders eye US and German inflation data. According to FXStreet on Tuesday, 10 October, "A light economic calendar on both sides of the Atlantic keeps the EUR/USD entertained on US Dollar dynamics and market mood. ", "The drop in German bond yields is capping the EUR/USD advance on the Eurozone front, while the European Central Bank (ECB) is expected to halt its tightening cycle, according to market participants."
More news about EUR/CHF (EURCHF).
