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EUR/CHF Bearish By 1% In The Last 21 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.59% for the last 21 sessions. At 20:06 EST on Wednesday, 8 February, EUR/CHF (EURCHF) is $0.99.

EUR/CHF’s yearly highs and lows, it’s 4.688% up from its 52-week low and 6.974% 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 0.45%, a positive 0.02%, and a positive 0.29%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.45% (last week), 0.34% (last month), and 0.29% (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: long-term trend remains tilted to the upside – socgen. According to FXStreet on Tuesday, 7 February, "The rally in EUR/USD came to a shuddering halt after the dovish market interpretation of the ECB rate decision. ", "The longer-term trend for EUR/USD remains tilted to the upside thanks to the improved terms of trade, the boost in economic growth in China, narrowing of Fed/ECB policy spread and attractive valuation."
  • Eur/usd price analysis: bullish doji, golden cross tease buyers above 1.0700. According to FXStreet on Wednesday, 8 February, "However, the recovery remains elusive unless the EUR/USD pair stays below the previous support line from early November 2022, around 1.0860.", "However, the 100-DMA and the 200-DMA, respectively around 1.0345 and 1.0320, could challenge the EUR/USD bears afterward."
  • Eur/usd extends the decline and pierces 1.0700. According to FXStreet on Tuesday, 7 February, "Sellers remain well in control of the sentiment in the global markets and now drag EUR/USD briefly to the sub-1.0700 region on Tuesday.", "The steep sell-off in EUR/USD post-US NFP remains unabated on Tuesday and drags the pair to briefly test multi-week lows in the sub-1.0700 zone."
  • Eur/usd price analysis: mildly bid between five-week-old horizontal support and 200-sma. According to FXStreet on Tuesday, 7 February, "Meanwhile, multiple levels marked since late December 2022, around 1.0710, challenge the EUR/USD bears. ", "It’s worth noting that the EUR/USD weakness below 1.0650 makes it vulnerable to refreshing the yearly low, currently around 1.0480."

More news about EUR/CHF (EURCHF).

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