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

(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.36% for the last 10 sessions. At 03:07 EST on Monday, 13 March, EUR/CHF (EURCHF) is $0.98.

EUR/CHF’s yearly highs and lows, it’s 4.232% up from its 52-week low and 6.525% 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 traces recovery in yields to bounce off one-month low towards 135.00, US inflation, boj minutes eyed. According to FXStreet on Monday, 13 March, "Although the 200-day Exponential Moving Average (EMA) restricts short-term USD/JPY downside near 134.00, the Yen pair’s latest recovery needs validation from the 100-day EMA level surrounding 135.00.", "Looking forward, Wednesday’s BoJ Minutes will be crucial to confirm the latest hawkish bias for the Japanese central bank’s next move, which in turn can weigh on the USD/JPY prices if matching market forecasts. "
  • Usd/jpy traces recovery in yields to bounce off one-month low towards 135.00, US inflation, boj minutes eyed. According to FXStreet on Monday, 13 March, "Although the 200-day Exponential Moving Average (EMA) restricts short-term USD/JPY downside near 134.00, the Yen pair’s latest recovery needs validation from the 100-day EMA level surrounding 135.00.", "However, firmer prints of the US consumer-centric numbers could renew hawkish Fed bets ahead of the all-important MarchFederal Open Market Committee(FOMC) and may recall the USD/JPY bulls."
  • Usd/jpy price analysis: yen renews one-month low near 134.00 as bears approach 50-dma. According to FXStreet on Monday, 13 March, "A clear U-turn from the 200-DMA, as well as a downside break of the 100-DMA, joins a sustained downside break of a five-week-old bullish channel to favor USD/JPY sellers. ", "In a case where the USD/JPY price remains bearish past the 50-DMA, the 130.00 round figure and the previous monthly low surrounding 128.00 will be in the spotlight."

More news about EUR/CHF (EURCHF).

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