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EUR/CHF Bearish Momentum: 0.92% Down In The Last 10 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 0.92% for the last 10 sessions. At 17:07 EST on Friday, 14 July, EUR/CHF (EURCHF) is $0.97.

EUR/CHF’s yearly highs and lows, it’s 2.588% up from its 52-week low and 4.199% 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 0.28%, a negative 0.09%, and a positive 0.21%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.28% (last week), 0.16% (last month), and 0.21% (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 Wednesday, 12 July, "The USD/JPY is falling for the fifth consecutive day and is it trading slightly above 140.00, at the lowest level since June 16. "
  • Usd/jpy technical analysis: all eyes on US inflation figures – 12 July 2023. According to DailyForex on Wednesday, 12 July, "For the second week in a row, the price of the USD/JPY currency pair is exposed to profit-taking sales that pushed it towards the support level 139.32. ", "Forecasts of the US dollar against the Japanese yen today:The downward shift of the US dollar currency pair against the Japanese yen USD/JPY requires stability below the support level of 140.00, which is what is happening now."
  • According to FXStreet on Wednesday, 12 July, "Similarly, at around 140, USD/JPY is not yet close enough to the extremes of our expected Q3 range of 135-152 to present a compelling case to buy. "
  • Usd/jpy seen falling to around 124 by next June – UBS. According to FXStreet on Wednesday, 12 July, "We believe the latest bout of dollar weakness is a sign of things to come, and we see the USD/JPY pairing falling to around 124 by next June."
  • Usd/jpy stumbles to a one-month low as US CPI slows, US bond yields dive. According to FXStreet on Wednesday, 12 July, "But the size of the drop, with twice the Average True Range of 100 pips, suggests the USD/JPY price could be overextended. ", "In addition, falling US Treasury bond yields weighed on the USD/JPY pair, which correlates closely to the US 10-year Treasury note yield. "

More news about EUR/CHF (EURCHF).

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