EUR/CHF Bearish By 3% In The Last 21 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 3.46% for the last 21 sessions. At 08:06 EST on Wednesday, 7 August, EUR/CHF (EURCHF) is $0.94.

EUR/CHF’s yearly highs and lows, it’s 4.142% up from its 52-week low and 5.297% 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 0.45%, a negative 0.18%, and a positive 0.27%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.47% (last week), 0.32% (last month), and 0.27% (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

  • According to FXStreet on Monday, 5 August, "On the upside, the USD/JPY pair might encounter resistance around the nine-day Exponential Moving Average (EMA) at 150.13. "
  • Usd/jpy price forecast: consolidates around 144.00 after over 1.60 % loss. According to FXStreet on Monday, 5 August, "Conversely, if USD/JPY extends its losses below 144.00, the next support would be the January 9 pivot low at 143.42, ahead of the August 5 bottom at 141.69.", "This witnessed the USD/JPY drop over 4.90% during the Asian session to a low of 141.69 before trimming some losses and regaining the 144.00 mark. "
  • Usd/jpy: cautious of getting carried away – OCBC. According to FXStreet on Monday, 5 August, "We also noted how the recent decline in USD/JPY saw a recoupling of the FX to UST-JGB yield differentials. ", "Back during May - Jul, USD/JPY had earlier traded much higher while UST yields and UST-JGB yield differentials went the other way lower."
  • According to FXStreet on Monday, 5 August, "This does seem to be the case with the one-year USD/JPY risk reversal going very bid for JPY calls.", "It is hard to argue with USD/JPY extending this correction to the 140 area, ING’s FX strategist Chris Turner notes."
  • According to FXStreet on Monday, 5 August, "For the time being, however, expect the focus to remain on the likes of USD/JPY and USD/CHF – both of which could drop further. "

More news about EUR/CHF (EURCHF).

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