EUR/CHF Bearish Momentum: 0.81% Down In The Last 5 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 0.81% for the last 5 sessions. At 13:06 EST on Sunday, 28 January, EUR/CHF (EURCHF) is $0.94.

EUR/CHF’s yearly highs and lows, it’s 3.843% up from its 52-week low and 6.799% 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 0.09%, a negative 0.01%, and a positive 0.25%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.12% (last week), 0.24% (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 overbought (>=80).

News about

  • According to FXStreet on Friday, 26 January, "This, in turn, is seen as another factor acting as a headwind for the USD/JPY pair ahead of the US Personal Consumption Expenditures (PCE) Price Index - the Fed’s preferred inflation gauge. ", "Given that oscillators on the daily chart are holding comfortably in the positive territory, the USD/JPY pair might then aim to surpass an intermediate hurdle near the 149.30-149.35 zone and reclaim the 150.00 psychological mark."
  • Usd/jpy forecast: US dollar continues to consolidate against Japanese yen – 26 January 2024. According to DailyForex on Friday, 26 January, "In general, this is a scenario where there should be plenty of value hunters out there, but even if you are not willing to trade this pair, you could use the USD/JPY pair as a bit of a barometer for Japanese Yen strength or weakness, and trade other yen related pairs based on what you see in this one. ", "For example, the AUD/JPY pair might be what you are looking to trade, but if you see the USD/JPY pair rising, you have yet another indication that the Japanese yen is going to weaken. "
  • Usd/jpy price analysis: hovers around 147.70 with the bullish sentiment. According to FXStreet on Friday, 26 January, "The USD/JPY receives upward support as the Tokyo Consumer Price Index (CPI) in Japan’s national capital decelerated below the Bank of Japan’s (BoJ) 2.0% target for the first time in nearly two years.", "The technical analysis of the Moving Average Convergence Divergence (MACD) for the USD/JPY pair suggests a confirmation of a prevailing bullish sentiment in the market with the MACD line positioning above the centreline and showing a divergence above the signal line."

More news about EUR/CHF (EURCHF).

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