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

ViaNews Editorial Team

August 28, 2024

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

(VIANEWS) - EUR/CHF (EURCHF) has been up by 1.94% for the last 10 sessions. At 10:06 EST on Wednesday, 28 August, EUR/CHF (EURCHF) is $0.94.

EUR/CHF's yearly highs and lows, it's 3.965% up from its 52-week low and 5.458% 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 0.22%, a negative 0.07%, and a positive 0.31%, respectively.

EUR/CHF's highest amplitude of average volatility was 0.26% (last week), 0.38% (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 Tuesday, 27 August, "Technically, we think EUR/USD does resemble a coiled spring and that a move above 1.12 could trigger some strong follow-through buying as the speculative community sniffs out a new trend. ", "And after a strong rallysince early August, it looks like EUR/USD could be due some consolidation. "
  • Eur/usd rises to near 1.1200 due to dovish fed’s powell. According to FXStreet on Monday, 26 August, "This upside of the EUR/USD pair is attributed to the lower US Dollar (USD) following the dovish speech from the US Federal Reserve (Fed) Chairman Jerome Powell at the Jackson Hole Symposium on Friday.", "Additionally, Rabobank's Senior FX Strategist, Jane Foley, remarked on Friday that the EUR/USD pair is expected to trade at 1.1200 on a three-month horizon. "
  • According to FXStreet on Wednesday, 28 August, "But we don't see the conditions for the recent EUR/USD rally to be substantially unwound. ", "That could argue for EUR/USD above 1.12but the softer risk environment is favouring some profit-taking, and there may be some speculation that some rewidening in that rate differential is due."
  • According to FXStreet on Monday, 26 August, "The Greenback's mild rebound seems to have been enough to spark a corrective knee-jerk in EUR/USD to the 1.1150 zone at the beginning of the week. "

More news about EUR/CHF (EURCHF).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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