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

(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.51% for the last 21 sessions. At 23:06 EST on Tuesday, 21 February, EUR/CHF (EURCHF) is $0.99.

EUR/CHF’s yearly highs and lows, it’s 4.698% up from its 52-week low and 6.106% 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 0.29%, a negative 0.09%, and a positive 0.30%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.44% (last week), 0.38% (last month), and 0.30% (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 aims to recapture 1.0700 as risk appetite recovers, fed minutes in focus. According to FXStreet on Monday, 20 February, "The EUR/USD pair has attempted a recovery after dropping to near 1.0673 in the early European session. "
  • Eur/usd: hawkish set of FOMC minutes required to see a break towards 1.05 – ING. According to FXStreet on Monday, 20 February, "The Dollar rally might have come far enough for the time being and EUR/USD found good demand ahead of 1.06. ", "It will probably require quite a hawkish set of FOMC minutes on Wednesday for EUR/USD to break towards 1.05 - where we expect to see good demand ahead of a EUR/USD rally in the second quarter."
  • Eur/usd to fall back towards support from the 200-dma at around 1.0330 – MUFG. According to FXStreet on Monday, 20 February, "Therefore, economists at MUFG Bank expect the EUR/USD pair to challenge the 200-Day Moving Average (DMA) at around 1.0330.", "We are expecting the EUR/USD pair to fall back towards support from the 200-DMA that comes in at around 1.0330."
  • Eur/usd price analysis: remains pressured towards 1.0630-15 support area. According to FXStreet on Monday, 20 February, "Overall, EUR/USD is likely to decline further, even as the downside room appears limited.", "In a case where EUR/USD remains firmer past 1.0710, the odds of witnessing a north-run towards the monthly high of 1.1033 can’t be ruled out."
  • Eur/usd drops to near 1.0660 as risk-off impulse solidifies ahead of eurozone ZEW survey. According to FXStreet on Tuesday, 21 February, "The EUR/USD pair has slipped to near 1.0660 in the Asian session as the risk appetite of the market participants has trimmed ahead of the global PMI figures. "

More news about EUR/CHF (EURCHF).

Leave a Reply

Your email address will not be published. Required fields are marked *