EUR/CHF Is 2% Up In The Last 21 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 2.91% for the last 21 sessions. At 09:06 EST on Friday, 1 March, EUR/CHF (EURCHF) is $0.96.

EUR/CHF’s yearly highs and lows, it’s 6.279% up from its 52-week low and 3.992% 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 0.01%, a positive 0.12%, and a positive 0.24%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.12% (last week), 0.20% (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 mixed on Wednesday but pointed downward. According to FXStreet on Wednesday, 28 February, "Daily candlesticks remain hamstrung on the 200-day Simple Moving Average (SMA) near 1.0830, and the EUR/USD continues to drift into median bids despite a bullish recovery from the last swing low into 1.0700. "
  • Eur/usd depreciates on risk-off sentiment ahead of eurozone, US data, trades around 1.0840. According to FXStreet on Wednesday, 28 February, "On the other hand, Kit Juckes, Chief Global FX Strategist at Société Générale, highlights the significance of whether the Federal Reserve or the European Central Bank cuts rates first or most aggressively in determining the direction of the EUR/USD pair this year."
  • According to FXStreet on Thursday, 29 February, "The Euro shows little to no reaction to the above report, with EUR/USD flatlining near 1.0835, at the press time."
  • Eur/usd price analysis: depreciates to near 1.0830 followed by 21-day EMA. According to FXStreet on Thursday, 29 February, "The EUR/USD pair could find the immediate support zone around the 21-day Exponential Moving Average (EMA) at 1.0818 followed by the psychological support of 1.0800 level.", "A break below this support zone could prompt the EUR/USD pair to target the further the major level of 1.750 with an aim to navigate the region around the psychological level of 1.0700 aligned with February’s low at 1.0694 level."
  • Eur/usd analysis: beware of renewed selling – 28 February 2024. According to DailyForex on Wednesday, 28 February, "According to the performance on the daily chart attached, the price of the EUR/USD currency pair is in a neutral position, and the general upward trend will not be confirmed without moving towards the psychological resistance level of 1.1000 again. ", "On the other hand, over the same period of time, the EUR/USD pair will return to its broader downward path by moving towards the 1.0730 support level again. "

More news about EUR/CHF (EURCHF).

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