(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.78% for the last 10 sessions. At 17:07 EST on Monday, 13 March, EUR/CHF (EURCHF) is $0.98.
EUR/CHF’s yearly highs and lows, it’s 3.786% up from its 52-week low and 6.924% 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 price analysis: bulls attack 200-sma as ECB week begins with risk-on mood. According to FXStreet on Monday, 13 March, "In a case where the EUR/USD pair remains bearish past 1.0585, the odds of witnessing a fresh monthly low, currently around 1.0525, can’t be ruled out.", "Even if the EUR/USD manages to surpass the 1.0710 resistance, the 50% Fibonacci retracement level of its early February-March downside, near 1.0780, will precede the mid-February swing high near 1.0810 to challenge the bulls."
- Eur/usd extends the sharp bounce past 1.0700. According to FXStreet on Monday, 13 March, "The optimism around the European currency remains well in place at the beginning of the week and lifts EUR/USD back above the 1.0700 hurdle, or new 4-week tops."
- Eur/usd forex signal: SVB collapse, US inflation, ECB decision – 13 March 2023. According to DailyForex on Monday, 13 March, "The EUR/USD price retreated slightly on Monday morning as investors wait for an extremely busy week in the market. "
- Eur/usd price analysis: bulls flirt with 1.0730 resistance confluence. According to FXStreet on Monday, 13 March, "Overall, EUR/USD is likely to rise further but a daily closing beyond 1.0730 could fasten the run-up.", "The MACD prints the strongest bullish signal since early January and joins the aforementioned catalysts to keep EUR/USD buyers hopeful."
- Eur/usd bulls cheer svb-led risk-on mood, easing hawkish fed bets to cross 1.0700, US inflation, ECB eyed. According to FXStreet on Monday, 13 March, "That said, the ECB is likely to announce a 0.50% rate hike and can join the latest risk-on mood to propel the EUR/USD price. ", "The EUR/USD pair’s higher highs on price fail to gain support from the Relative Strength Index (RSI) 14 as it forms a lower high, which in turn suggests a lack of enough bullish momentum to cross the immediate key hurdle, namely the 200-SMA level surrounding 1.0710."
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