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

(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.72% for the last 10 sessions. At 15:07 EST on Sunday, 28 July, EUR/CHF (EURCHF) is $0.96.

EUR/CHF’s yearly highs and lows, it’s 6.224% up from its 52-week low and 3.404% 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 0.22%, a negative 0.02%, and a positive 0.25%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.28% (last week), 0.26% (last month), and 0.25% (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 appreciates to near 1.0850 ahead of US PCE inflation. According to FXStreet on Friday, 26 July, "This upside of the EUR/USD pair is attributed to the weakening of the US Dollar (USD) ahead of the release of the US Personal Consumption Expenditures (PCE) Price Index for June."
  • According to FXStreet on Friday, 26 July, "Bednarik adds: "At this point, EUR/USD would need to reconquer the 1.0870 region to give bulls a chance. ", "From a technical perspective, Valeria Bednarik, Chief Analyst at FXStreet, notes: "The EUR/USD pair is at the brink of turning bearish. "
  • Eur/usd finds thin Friday gains but still trapped below 1.09. According to FXStreet on Friday, 26 July, "Overall trend odds lean in favor of buyers as price action continues to hold above the 200-day Exponential Moving Average (EMA) at 1.0795, but upside chances are evaporating as EUR/USD slides back from recent peaks that failed to capture the 1.0950 level.", "With the pair’s last major swing low priced in around the 1.0700, it’s bidders’ game to lose as short pressure continues to build up and try to drag EUR/USD back into the low side."

More news about EUR/CHF (EURCHF).

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