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 14:06 EST on Sunday, 6 October, EUR/CHF (EURCHF) is $0.94.

EUR/CHF’s yearly highs and lows, it’s 4.164% up from its 52-week low and 5.277% 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 0.15%, a negative 0.01%, and a positive 0.31%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.35% (last week), 0.29% (last month), and 0.31% (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

  • Eur/usd extends losing streak toward 1.1000 due to rising odds of an ECB rate cut. According to FXStreet on Friday, 4 October, "The EUR/USD pair depreciates as the US Dollar (USD) receives support from a better-than-expected US ISM Services PMI and ADP Employment Change reports, which challenged dovish expectations for Federal Reserve (Fed) monetary policy."
  • According to FXStreet on Friday, 4 October, "Markets keep a moderate bearish bias on EUR/USD in the near term, even if their baseline expectation for a tick higher in US unemployment should offer a respite today, ING’s FX strategist Francesco Pesole notes.", "Ultimately, the less supportive rate differentials, risk sentiment instability and a turbulent EU budget season mean EUR/USD could stay under pressure. "

More news about EUR/CHF (EURCHF).

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