EUR/CHF Over 1% Down In The Last 10 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.86% for the last 10 sessions. At 08:06 EST on Wednesday, 5 June, EUR/CHF (EURCHF) is $0.97.

EUR/CHF’s yearly highs and lows, it’s 7.453% up from its 52-week low and 2.286% 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 0.44%, a negative 0.01%, and a positive 0.24%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.45% (last week), 0.24% (last month), and 0.24% (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/usd edges higher above 1.0850 ahead of US ISM PMI data. According to FXStreet on Monday, 3 June, "The EUR/USD pair extends the upside around 1.0850 on Monday during the early Asian session. ", "Any dovish message from the ECB is likely to weigh on the Euro (EUR) and create a headwind for the EUR/USD pair."
  • Eur/usd price analysis: rises to 1.0850; next barrier at upper boundary of triangle. According to FXStreet on Monday, 3 June, "The EUR/USD pair could retest the upper boundary of the ascending triangle, followed by the psychological level of 1.0900. ", "If the EUR/USD pair breaks below the lower boundary of the ascending triangle, it could face downward pressure, potentially descending toward the vicinity of the notable level of 1.0700. "
  • Eur/usd stands tall near its highest level since March, just above 1.0900 mark. According to FXStreet on Tuesday, 4 June, "The EUR/USD pair attracts some buyers for the fourth straight day and climbs beyond the 1.0900 mark - its highest level since March 21 during the Asian session on Tuesday. ", "Nevertheless, the aforementioned fundamental backdrop suggests that the path of least resistance for the EUR/USD pair is to the upside and any meaningful dip could be seen as a buying opportunity. "
  • According to FXStreet on Wednesday, 5 June, "The EUR/USD pair builds on the overnight bounce from the 1.0860-1.0855 region and ticks higher during the Asian session on Wednesday amid subdued US Dollar (USD) price action. ", "Heading into the key central bank event and US macro data risks, Wednesday’s US economic docket, featuring the ADP report and ISM Services PMI,might produce short-term opportunities around the EUR/USD pair."

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