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

ViaNews Editorial Team

October 12, 2023

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

(VIANEWS) - EUR/CHF (EURCHF) has been up by 1.12% for the last 10 sessions. At 06:06 EST on Thursday, 12 October, EUR/CHF (EURCHF) is $0.96.

EUR/CHF's yearly highs and lows, it's 0.452% up from its 52-week low and 5.348% 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

  • Usd/jpy price analysis: struggles to capitalize on modest intraday bounce from one-week low. According to FXStreet on Tuesday, 10 October, "A sustained strength beyond could allow the USD/JPY pair to aim back to conquer the 150.00 psychological mark or the potential intervention level. ", "The latter should act as a key pivotal point, below which the USD/JPY pair is likely to accelerate the fall towards the 147.30 area, or the lowest level since September 14 touched last Tuesday. "
  • Usd/jpy price analysis: bulls await a breakout through one-week-old trading range, US CPI in focus. According to FXStreet on Thursday, 12 October, "The USD/JPY pair oscillates in a narrow trading band during the Asian session on Thursday and is currently placed just above the 149.00 mark, well within the striking distance of the weekly high touched the previous day.", "The momentum could get extended and push the USD/JPY pair closer to the 152.00 mark, or a multi-decade high touched in October 2022."
  • Usd/jpy oscillates at around 148.60 amidst dovish fed remarks, risk-on impulse. According to FXStreet on Tuesday, 10 October, "Nevertheless, the USD/JPY rally was capped by the US Treasury bond yields plunge as the 10-year benchmark note sits at 4.632%, dropping 17 basis points since Monday."

More news about EUR/CHF (EURCHF).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.