EUR/CHF Bearish Momentum: 0.91% Down In The Last 10 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 0.91% for the last 10 sessions. At 13:07 EST on Friday, 19 May, EUR/CHF (EURCHF) is $0.97.

EUR/CHF’s yearly highs and lows, it’s 3.15% up from its 52-week low and 7.468% 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 negative 0.12%, and a positive 0.27%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.08% (last week), 0.27% (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 oversold (<=20).

News about

  • Usd/jpy prods five-day uptrend above 136.00 on upbeat Japan gdp, receding US default fears. According to FXStreet on Wednesday, 17 May, "Apart from the Japanese GDP, recent hopes of more investment by private firms in Japan also weigh on the USD/JPY pair. ", "Unless dropping back below the early-month top surrounding 135.50, the USD/JPY remains capable of marking another attempt in crossing the 200-DMA hurdle of around 137.10."
  • Usd/jpy forecast: dollar sees value hunting against the yen – 17 May 2023. According to DailyForex on Wednesday, 17 May, "Given the current environment, it is challenging to envision a scenario where the USD/JPY pair deviates from its established trajectory. "
  • Usd/jpy hits two-week high on solid US data, improved US debt ceiling talks. According to FXStreet on Wednesday, 17 May, "The US debt ceiling theme continues to grab USD/JPY traders’ attention, though a negotiation improvement calmed investors’ nerves. ", "Additionally, if surpassed, a six-month-old resistance trendline passes around that area, which could pave the way for the USD/JPY to test the November 30 high at 139.89 before testing 140.00. "

More news about EUR/CHF (EURCHF).

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