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

ViaNews Editorial Team

December 7, 2023

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

(VIANEWS) - EUR/CHF (EURCHF) has been up by 1.87% for the last 21 sessions. At 18:06 EST on Thursday, 7 December, EUR/CHF (EURCHF) is $0.94.

EUR/CHF's yearly highs and lows, it's 0.521% up from its 52-week low and 6.418% 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

  • Eur/usd forex signal: euro meltdown has more room to run - 06 December 2023. According to DailyForex on Wednesday, 6 December, "The EUR/USD pair will react to several important economic data from Europe and the US. ", "Forex Brokers We Recommend in Your Region See full brokers list 1 Read full review Get Started BrokerGeoLists.push({type:'ReviewsNonPartner',id:'horizontal-top-5',size:5,fullReviewText:`Read full review`,getStartedText:`Get Started`,readReviewText:`Review`});Bearish viewSell the EUR/USD pair and set a take-profit at 1.0730."
  • Eur/usd slips past 1.0800 on Tuesday amidst broad-market US dollar bid. According to FXStreet on Tuesday, 5 December, "The Euro's backslide sees the EUR/USD slipping through the 200-day Simple Moving Average (SMA) currently treading water near 1.0820.", "Continued bearish pressure will see a technical barrier from the 50-day SMA which has turned bullish and is rising into the 1.0700 handle, while bidders will be looking to stage a recovery back over the 200-day SMA before the EUR/USD slides too deep into retracement territory between 1.0750 and 1.0700."
  • According to FXStreet on Tuesday, 5 December, "If the EUR/USD continues to fall, it may come into contact with the 100-day SMA at 1.0774 as a first point of support. ", "If the EUR/USD continues to fall, it may encounter the initial point of support at the December low of 1.0804 (December 4,5). "
  • Eur/usd forex signal: bears prevail as it flips key support level - 05 December 2023. According to DailyForex on Tuesday, 5 December, "The EUR/USD price retreated and lost the important resistance point at 1.0823, the lowest swing on November 17th. ", "Forex Brokers We Recommend in Your Region See full brokers list 1 Read full review Get Started BrokerGeoLists.push({type:'ReviewsNonPartner',id:'horizontal-top-5',size:5,fullReviewText:`Read full review`,getStartedText:`Get Started`,readReviewText:`Review`});Bearish viewSell the EUR/USD pair and set a take-profit at 1.0735."
  • Eur/usd extends the decline below 1.0800, eurozone retail sales eyed. According to FXStreet on Wednesday, 6 December, "The EUR/USD pair remains under selling pressure below the 1.0800 psychological mark during the early Asian session on Wednesday. "

More news about EUR/CHF (EURCHF).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.