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

(VIANEWS) – EUR/CHF (EURCHF) has been up by 2.8% for the last 21 sessions. At 18:06 EST on Wednesday, 6 March, EUR/CHF (EURCHF) is $0.96.

EUR/CHF’s yearly highs and lows, it’s 6.478% up from its 52-week low and 3.812% down from its 52-week high.

Volatility

EUR/CHF’s last week, last month’s, and last quarter’s current intraday variation average was 0.20%, 0.14%, and 0.24%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.23% (last week), 0.22% (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 oversold (<=20).

Previous days news about EUR/CHF (EURCHF)

  • Eur/chf: bullish momentum intact – socgen. According to FXStreet on Monday, 4 March, "Economists at Société Générale note that the EUR/CHF pair retains bullish momentum after Swiss inflation data came below forecast."
  • Eur/chf: little more upside potential in the short term – commerzbank. According to FXStreet on Tuesday, 5 March, "The Franc has suffered in recent months because expectations for the ECB’s first interest rate move have been pushed back, allowing EUR/CHF to work its way up to 0.9600. ", "However, most of this should have been priced in by now, so I see little more upside potential in EUR/CHF in the short term, especially not so close to the ECB meeting."
  • Eur/chf: scope for pullbacks over the next few weeks – rabobank. According to FXStreet on Tuesday, 5 March, "Last year’s strong performance culminated in EUR/CHF reaching a record low in December. ", "That said, it is highly probable that EUR/CHF has become overextended, suggesting scope for pullbacks over the next few weeks."

More news about EUR/CHF (EURCHF).

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