EUR/CHF Bearish By 1% In The Last 10 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.1% for the last 10 sessions. At 21:06 EST on Monday, 9 October, EUR/CHF (EURCHF) is $0.96.

EUR/CHF’s yearly highs and lows, it’s 0.631% up from its 52-week low and 5.18% 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 0.10%, a positive 0.04%, and a positive 0.23%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.18% (last week), 0.24% (last month), and 0.23% (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 technical analysis: new exciting trading week – 09 October 2023. According to DailyForex on Monday, 9 October, "Expectations for the euro against the dollar today:According to the performance on the daily chart below, the price of the EUR/USD currency pair has not yet broken the general downward trend."
  • Eur/usd looking to regain high ground towards 1.06 after knocking back on gaza-fueled risk aversion. According to FXStreet on Monday, 9 October, "A declining trendline from July’s tops near 1.1275 remains firmly in place, and the Euro’s three-day rebound from 1.0448 still sees the EUR/USD trading near 2023’s lows.", "The EUR/USD is testing upwards into 1.0570 after slipping down into 1.0520 to kick off the trading week. "
  • Eur/usd price analysis: seems vulnerable near mid-1.0500s amid geopolitical tensions. According to FXStreet on Monday, 9 October, "Apart from this, oscillators on the daily chart - though have recovered from lower levels - are still holding in the negative territory and suggest that the path of least resistance for the EUR/USD pair is to the downside.", "The latter should act as a key pivotal point, which if cleared decisively will suggest that the EUR/USD pair has formed a near-term bottom and shift the bias in favour of bullish traders."
  • According to FXStreet on Monday, 9 October, "The continuation of selling pressure on EUR/USD might result in a review of the 2023 low at 1.0448 seen on October 3, with a challenge of the crucial round mark of 1.0400. ", "As long as the EUR/USD remains below the 200-day SMA, additional negative pressure is possible."

More news about EUR/CHF (EURCHF).

Leave a Reply

Your email address will not be published. Required fields are marked *