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

ViaNews Editorial Team

October 11, 2023

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 04:06 EST on Wednesday, 11 October, EUR/CHF (EURCHF) is $0.96.

EUR/CHF's yearly highs and lows, it's 0.736% up from its 52-week low and 5.081% 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 0.10%, a positive 0.04%, and a positive 0.23%, respectively.

EUR/CHF's highest amplitude of average volatility was 0.18% (last week), 0.24% (last month), and 0.23% (last quarter), respectively.

News about

  • Eur/usd forex signal: inverted h&s pattern forms - 10 October 2023. According to DailyForex on Tuesday, 10 October, "The EUR/USD exchange rate remained in a consolidation phase as traders focused on the ongoing war in Israel and its impacts on the market. ", "Forex Brokers We Recommend in Your Region See full brokers list 1 Read full review Get Started BrokerGeoLists.push({type:'ReviewsNonPartner',id:'horizontal-top-5',size:5,fullReviewText:`Read full review`,getStartedText:`Get Started`,readReviewText:`Review`});Bullish viewBuy the EUR/USD pair and set a take-profit at 1.0650."
  • Eur/usd technical analysis: new exciting trading week - 09 October 2023. According to DailyForex on Monday, 9 October, "Expectations for the euro against the dollar today:According to the performance on the daily chart below, the price of the EUR/USD currency pair has not yet broken the general downward trend."
  • Eur/usd price analysis: seems vulnerable near mid-1.0500s amid geopolitical tensions. According to FXStreet on Monday, 9 October, "A convincing break below the said handle will reaffirm the bearish outlook and make the EUR/USD pair vulnerable to retesting the YTD low, around the 1.0450-1.0445 region touched last week. ", "The latter should act as a key pivotal point, which if cleared decisively will suggest that the EUR/USD pair has formed a near-term bottom and shift the bias in favour of bullish traders."
  • Eur/usd looking to regain high ground towards 1.06 after knocking back on gaza-fueled risk aversion. According to FXStreet on Monday, 9 October, "The Euro is seeing some twisting intraday action with hourly candles cycling the 50-hour Simple Moving Average (SMA) that is rising into 1.0550, and the EUR/USD is currently testing 1.0565, down a scant 0.08% from the day's highs set early in the day at the market open.", "The EUR/USD is testing upwards into 1.0570 after slipping down into 1.0520 to kick off the trading week. "
  • Eur/usd trades higher around 1.0570 amid palestine-Israel military conflict. According to FXStreet on Monday, 9 October, "The renewed geopolitical tensions could impact the recent surge of the EUR/USD pair. "

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.

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