EUR/CHF Bearish Momentum: 0.83% Down In The Last 5 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 0.83% for the last 5 sessions. At 13:06 EST on Tuesday, 1 October, EUR/CHF (EURCHF) is $0.93.

EUR/CHF’s yearly highs and lows, it’s 3.511% up from its 52-week low and 5.871% 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 0.02%, a positive 0.01%, and a positive 0.31%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.31% (last week), 0.27% (last month), and 0.31% (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, 30 September, "In terms of support, the USD/JPY pair may navigate around the 139.58 region, the lowest point since June 2023.", "On the upside, a return to the ascending channel could weaken the bearish case and lead the USD/JPY pair to test the nine-day Exponential Moving Average (EMA) at the 143.10 level. "
  • According to FXStreet on Monday, 30 September, "Just as hopes were building that some of the recent volatility in USD/JPY was on course to die-back, Japanese political change has proved that the currency pair maintains a nervous disposition, Rabobank’s FX strategist Jane Foley notes.", "Despite the changing political landscape both the Japan and in the US, we would expect central bank policy to remain the primary driver of USD/JPY over the coming months. "
  • Usd/jpy price forecast: jumps towards 144.00 as powell speaks. According to FXStreet on Monday, 30 September, "The USD/JPY remains downward biased despite registering solid gains and climbing above the Tenkan-Sen and Kijun-Sen, each at 143.46 and 143.39, respectively. ", "If USD/JPY breaks above 144.00, the next ceiling level will be 145.00, followed by the 50-day moving average (DMA) at 145.92. "
  • Usd/jpy: bullish momentum on daily chart fades – OCBC. According to FXStreet on Monday, 30 September, "Last Friday, USD/JPY traded up to high of 146.49 after candidate Takaichi managed to get into run-off against Ishiba. ", "We still expect the direction of travel for USD/JPY to be down but the BoJ going for a gradual pace of policy normalisation may see pace of USD/JPY decline slow in the short term. "
  • According to FXStreet on Tuesday, 1 October, "Additionally, the dovish comments from Japan’s upcoming Prime Minister, former Defense Chief Shigeru Ishiba, are putting downward pressure on the JPY and underpinning the USD/JPY pair. ", "A break below this level could lead the USD/JPY pair to navigate around the 139.58 region, the lowest point since June 2023."

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