(VIANEWS) – EUR/CHF (EURCHF) has been up by 0.86% for the last 5 sessions. At 16:07 EST on Friday, 19 July, EUR/CHF (EURCHF) is $0.97.
EUR/CHF’s yearly highs and lows, it’s 7.11% up from its 52-week low and 2.598% 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
- Usd/jpy extends upside near 158.50 despite strong Japan’s tankan index. According to FXStreet on Wednesday, 17 July, "The USD/JPY pair extends gains near 158.40 on the selling pressure around the Japanese currency during the early Asian session on Wednesday. "
- Usd/jpy price analysis: plummets below 157.00 as bears stepped in. According to FXStreet on Wednesday, 17 July, "On the other hand, if buyers stepped in and pushed the USD/JPY above 157.00, look for a re-test of the July 16 peak at 158.85.", "If USD/JPY clears the narrowest part of the Kumo sliding beneath 155.50/60, that would expose the May 16 swing low of 153.61. "
- Usd/jpy price analysis: surges over 0.70% and reclaims 157.00. According to FXStreet on Thursday, 18 July, "On the other hand, if buyers stepped in and pushed the USD/JPY above 157.50, look for a re-test of the July 16 peak at 158.85.", "The US Dollar stages a comeback against the Japanese Yen and pushes the USD/JPY pair higher on Thursday, posting gains of more than 0.70% and reclaiming the 157.00 figure at the time of writing. "
- According to FXStreet on Thursday, 18 July, "In the general weakness of the USD, the USD/JPY movement stood out in particular. ", "If USD/JPY is already sliding due to a bout of general USD weakness, a round of intervention seems promising because in a phase in which the market is searching for a new equilibrium based on new information, interventions change this search process."
- According to FXStreet on Wednesday, 17 July, "Returning to trade within the ascending channel would likely improve sentiment for the USD/JPY pair, with a potential target toward the upper boundary of the channel near 164.00.", "On the downside, the USD/JPY pair could find key support around the psychological level of 158.00. "
More news about EUR/CHF (EURCHF).
