(VIANEWS) – EUR/CHF (EURCHF) has been up by 2.06% for the last 21 sessions. At 16:06 EST on Wednesday, 6 December, EUR/CHF (EURCHF) is $0.94.
EUR/CHF’s yearly highs and lows, it’s 0.117% up from its 52-week low and 6.626% 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 price analysis: loses ground below 1.0900, further downside cannot be ruled out. According to FXStreet on Monday, 4 December, " According to the four-hour chart, the bullish outlook of EUR/USD looks vulnerable as the major pair hovers around the key 100-hour Exponential Moving Averages (EMA). "
- Eur/usd trying to hold above 1.0800, sees limited recovery after Monday backslide. According to FXStreet on Monday, 4 December, "The near-term ceiling on daily candlesticks sits just north of the 1.1000 handle that the EUR/USD saw a clean rejection from last week, while an extended breakdown from here will see bears taking a run at the 50-day SMA turning bullish just below the 1.0700 handle.", "The EUR/USD shed half a percent as broader markets tossed aside sentiment and flipped risk averse to kick off the new trading week. "
- According to FXStreet on Monday, 4 December, "The Euro (EUR) remains under selling pressure against the US Dollar (USD) on Monday, motivating EUR/USD to revisit the mid-1.0800s at the beginning of a new trading week.", "If the EUR/USD continues to experience further losses, it could potentially face the mentioned200-day SMAas an initial point of support. "
- 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 pair has been in a strong downtrend after Europe published encouraging consumer inflation data. ", "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."
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