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EUR/CHF Bearish Momentum: 0.96% Down In The Last 10 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 0.96% for the last 10 sessions. At 05:06 EST on Tuesday, 11 July, EUR/CHF (EURCHF) is $0.97.

EUR/CHF’s yearly highs and lows, it’s 2.853% up from its 52-week low and 3.952% 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 0.05%, a positive 0.01%, and a positive 0.20%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.05% (last week), 0.15% (last month), and 0.20% (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

  • Eur/usd forex signal: bullish breakout nears a key hurdle – 10 July 2023. According to DailyForex on Monday, 10 July, "The EUR/USD price erased all the losses made on Thursday after the soft US jobs report. ", "The EUR/USD exchange rate drifted upwards after the US published relatively weak jobs numbers on Friday. "
  • Eur/usd: weekly forecast 9th July – 15th July – 09 July 2023. According to DailyForex on Sunday, 9 July, "However, technical traders may laugh at this and simply say, the EUR/USD had been oversold recently and the movement upwards was a reaction to this dynamic. ", "While the Non-Farm Employment Change figures came in weaker than anticipated and might lead some analysts to claim the higher move in the EUR/USD happened because of this result, the fact is the Average Hourly Earnings from the States came in stronger than anticipated. "
  • Eur/usd: greater risk of some pull-back towards 1.08 rather than trading sustainably above 1.10 – ING. According to FXStreet on Monday, 10 July, "We expect mostly USD-driven moves in EUR/USD this week, and see a greater risk of some pull-back towards 1.0800 rather than trading sustainably above 1.1000 - which could however be possible should US CPI surprise on the soft side."

More news about EUR/CHF (EURCHF).

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