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

(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.35% for the last 10 sessions. At 05:06 EST on Wednesday, 3 January, EUR/CHF (EURCHF) is $0.93.

EUR/CHF’s yearly highs and lows, it’s 3.134% up from its 52-week low and 7.765% 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 0.40%, a negative 0.14%, and a positive 0.27%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.44% (last week), 0.29% (last month), and 0.27% (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 stays near 1.1030, focus on US ISM manufacturing pmi, FOMC minutes. According to FXStreet on Tuesday, 2 January, "In the year 2023, the EUR/USD pair closed at 1.1036, up by 3.16% after two consecutive years of decline. "
  • Eur/usd holds below the mid-1.0900s ahead of US pmi, FOMC minutes. According to FXStreet on Tuesday, 2 January, "The EUR/USD pair remains under pressure during the early Asian session on Wednesday. "
  • Eur/usd forecast: January 2024 – 01 January 2024. According to DailyForex on Monday, 1 January, "S inflation data came in weaker than expected, which set off more buying of the EUR/USD and a test of the 1.10400 ratio on the 22nd of December.", "The mid-term outlook for the USD has become weaker, and many financial institutions likely believe the EUR/USD may be undervalued if it is trading below the 1.10000 level."
  • Eur/usd price analysis: the key support level is seen at 1.1000. According to FXStreet on Tuesday, 2 January, "The EUR/USD pair loses momentum for the fourth consecutive day during the early European session on Tuesday. ", " From the technical perspective, EUR/USD keeps the negative outlook unchanged on the four-hour chart as the major pair holds below the key 100-hour Exponential Moving Averages (EMA). "

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