EUR/CHF Bearish Momentum: 0.94% Down In The Last 10 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 0.94% for the last 10 sessions. At 20:07 EST on Wednesday, 10 May, EUR/CHF (EURCHF) is $0.98.

EUR/CHF’s yearly highs and lows, it’s 3.574% up from its 52-week low and 7.088% 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 0.37%, a negative 0.13%, and a positive 0.29%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.60% (last week), 0.28% (last month), and 0.29% (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

  • Usd/jpy seeks support around 135.00 as US inflation uncertainty improves US dollar’s appeal. According to FXStreet on Tuesday, 9 May, "The USD/JPY pair is looking for a cushion after dropping below the crucial support of 135.00 in the early European session. "
  • According to FXStreet on Tuesday, 9 May, "The news allows USD/JPY to extend the latest gains past 135.00, around 135.20 by the press time as it prints three-day uptrend. "
  • Usd/jpy remains depressed around 135.00 mark, modest USD strength limits losses. According to FXStreet on Tuesday, 9 May, "This might continue to act as a headwind for the USD/JPY pair ahead of the crucial US CPI report.", "This, in turn, will drive the USD demand and help determine the near-term trajectory for the USD/JPY pair. "

More news about EUR/CHF (EURCHF).

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