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

(VIANEWS) – EUR/CHF (EURCHF) has been up by 2.5% for the last 21 sessions. At 20:06 EST on Wednesday, 27 March, EUR/CHF (EURCHF) is $0.98.

EUR/CHF’s yearly highs and lows, it’s 8.483% up from its 52-week low and 1.942% down from its 52-week high.

Volatility

EUR/CHF’s last week, last month’s, and last quarter’s current intraday variation average was 0.08%, 0.07%, and 0.24%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.51% (last week), 0.23% (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).

News about

  • Usd/jpy: the next major technical resistance after the 151.95-152.00 zone is not before 160.00 – BBH. According to FXStreet on Wednesday, 27 March, "In our view, it’s only a matter of time before USD/JPY breaks higher because we anticipate a gradual BoJ tightening process and a more muted than currently priced-in Fed easing cycle.", "The next major technical resistance for USD/JPY after the 151.95-152.00 zone is not before 160.00 (April 1990 high)."
  • According to FXStreet on Tuesday, 26 March, "The declining FX volatility may keep the Japanese Yen pressured by funding demand for carry trades, making USD/JPY even more reliant on a move in USD rates, economists at ING say.", "Our call remains bearish on USD/JPY moving forward, but in the very short term, the pair may retest the 152.00+ ‘verbal intervention’ area."
  • According to FXStreet on Wednesday, 27 March, "His reaction comes in response to the USD/JPY pair climbing to a fresh 34-year high of 151.97.", "Following his comments, USD/JPY corrected sharply to near 151.70, still up 0.11% on the day."
  • According to FXStreet on Wednesday, 27 March, "Given that oscillators on the daily chart are holding comfortably in the positive territory, the USD/JPY pair might then prolong its well-established uptrend witnessed since January 2023 and climb further towards the 153.00 round figure.", "This is closely followed by the 150.00 psychological mark, which, if broken decisively, could make the USD/JPY pair vulnerable to accelerate the corrective decline further towards the 149.35-149.30 region en route to the 149.00 mark."
  • According to FXStreet on Wednesday, 27 March, "The Japanese Yen (JPY) continued to weaken against the US Dollar (USD), with USD/JPY reaching its highest level since 1990 near 152.00 early Wednesday. ", "After coming within a few pips of 152.00, USD/JPY edged slightly lower but stabilized above 151.50."

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