(VIANEWS) – EUR/CHF (EURCHF) has been up by 2.42% for the last 21 sessions. At 09:06 EST on Wednesday, 12 June, EUR/CHF (EURCHF) is $0.96.
EUR/CHF’s yearly highs and lows, it’s 6.777% up from its 52-week low and 2.9% 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 struggles near three-week low, seems vulnerable below 100-day sma/1.0800. According to FXStreet on Monday, 10 June, "The EUR/USD pair remains under some selling pressure for the second straight day and drops to over a three-week low during the Asian session on Monday. ", "This, in turn, suggests that the path of least resistance for the EUR/USD pair is to the downside, though traders might refrain from placing aggressive directional bets ahead of the crucial FOMC policy decision on Wednesday. "
- Eur/usd price analysis: not out of the woods yet, 100/200-day smas breakdown in play. According to FXStreet on Tuesday, 11 June, "Some follow-through selling will be seen as a fresh trigger for bearish traders and drag the EUR/USD pair to the next relevant support near the 1.0650-1.0640 region. ", "The EUR/USD pair edges higher during the Asian session on Tuesday and currently trades around the 1.0765-1.0770 area, albeit lacks strong follow-through buying. "
- According to FXStreet on Monday, 10 June, "The Euro fails to find any impetus from the ECB official’s comments, keeping EUR/USD 0.38% lower on the day at 1.0758 due to renewed Euro area political tensions."
- Eur/usd looks for balance after off-kilter wobble, US CPI and fed projections loom ahead. According to FXStreet on Monday, 10 June, "A two-day backslide has dragged EUR/USD back below the 200-day Exponential Moving Average (EMA) at 1.0806, and near-term corrections will run aground of descending trendlines from 2024’s peak bids near 1.1140."
- According to FXStreet on Monday, 10 June, "Renewed uncertainty over the political scenario in France undermines the Euro, dragging EUR/USD 0.26% lower on the day to trade near 1.0770."
More news about EUR/CHF (EURCHF).
