EUR/CHF Bearish By 2% In The Last 21 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 2.15% for the last 21 sessions. At 10:06 EST on Wednesday, 1 November, EUR/CHF (EURCHF) is $0.96.

EUR/CHF’s yearly highs and lows, it’s 1.678% up from its 52-week low and 5.17% 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 positive 0.30%, a negative 0.07%, and a positive 0.25%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.30% (last week), 0.29% (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 oversold (<=20).

News about

  • Eur/usd attracts some sellers around 1.0550 ahead of the German gdp, CPI data. According to FXStreet on Monday, 30 October, "That being said, the higher for longer rate narratives in the US could lift the USD and act as a headwind for the EUR/USD pair. ", "This event might trigger the volatility in the financial markets and give a clear direction to the EUR/USD pair."
  • Eur/usd: the lower end is the side more vulnerable – commerzbank. According to FXStreet on Monday, 30 October, "Antje Praefcke, FX Analyst at Commerzbank, analyzes EUR/USD outlook ahead of the Interest Rate Decision.", "If I had to decide in favour of one side or the other, I would choose the lower end in EUR/USD as being the more vulnerable, above all if the US labour market report due on Friday once again illustrates the resilience of the US economy. "
  • Eur/usd: 1.0500-1.0600 could well be the range this week – ING. According to FXStreet on Monday, 30 October, "It is going to require some soft US data to turn this EUR/USD bearish trend around."

More news about EUR/CHF (EURCHF).

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