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EUR/CHF Bearish Momentum: 0.845% Down In The Last 24 Hours

ViaNews Editorial Team

December 29, 2023

EUR/CHF Bearish Momentum: 0.845% Down In The Last 24 Hours

(VIANEWS) - EUR/CHF (EURCHF) has been up by 0.8448% for the last session's close. At 08:06 EST on Friday, 29 December, EUR/CHF (EURCHF) is $0.93.

EUR/CHF (EURCHF) Range

Regarding EUR/CHF's daily highs and lows, it's 0.043% up from its trailing 24 hours low of $0.93 and 1.047% down from its trailing 24 hours high of $0.94.

EUR/CHF's yearly highs and lows, it's 2.558% up from its 52-week low and 8.28% 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 0.18%, a negative 0.15%, and a positive 0.26%, respectively.

EUR/CHF's highest amplitude of average volatility was 0.23% (last week), 0.31% (last month), and 0.26% (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).

Previous days news about EUR/CHF (EURCHF)

  • Eur/chf seen at 0.94 in 6-12m – danske bank. According to FXStreet on Wednesday, 27 December, "We forecast a modest move lower in EUR/CHF on the back of fundamentals, continued tight financial conditions and a global growth slowdown."
  • Eur/chf set to return to above parity gradually – socgen. According to FXStreet on Thursday, 28 December, "Economists at Société Générale analyze EUR/CHF outlook.", "As we expect EUR/USD to grind beyond 1.15 next year, EUR/CHF looks set to return above parity."

More news about EUR/CHF (EURCHF).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.