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EUR/CHF Bearish Momentum: 0.98% Down In The Last 10 Sessions

EUR/CHF Bearish Momentum: 0.98% Down In The Last 10 Sessions

(VIANEWS) - EUR/CHF (EURCHF) has been up by 0.98% for the last 10 sessions. At 09:06 EST on Tuesday, 11 April, EUR/CHF (EURCHF) is $0.99.

EUR/CHF's yearly highs and lows, it's 4.773% up from its 52-week low and 6.04% 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 0.16%, a negative 0.01%, and a positive 0.34%, respectively.

EUR/CHF's highest amplitude of average volatility was 0.18% (last week), 0.32% (last month), and 0.34% (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: moderately bullish ahead of US CPI data - 10 April 2023. According to DailyForex on Monday, 10 April, "The EUR/USD has been calm since Friday as European and American countries celebrate the Easter holiday. ", "The EUR/USD pair rose to a high of 1.0973 on Wednesday and then pulled back to a low of 1.0877 on Friday. "
  • Eur/usd drops to one-week low, closer to mid-1.0800s amid notable USD strength. According to FXStreet on Monday, 10 April, "The EUR/USD pair attracts fresh sellers following an early uptick to the 1.0915 region and turns lower for the second successive day on Monday. ", "Furthermore, the growing acceptance of additional rate hikes by the European Central Bank (ECB) should continue to underpin the shared currency and limit the downside for the EUR/USD pair amid relatively light trading volumes. "
  • Eur/usd forecast: overhead selling pressure - 10 April 2023. According to DailyForex on Monday, 10 April, "However, it is worth nothing that the EUR/USD is a great indicator of US dollar strength, and therefore an important signal."
  • Eur/usd stays defensive around 1.0900 despite hawkish ecb, US inflation, fed minutes eyed. According to FXStreet on Sunday, 9 April, "The downbeat US data also propels fears of a recession in the world's largest economy and weigh on the US Dollar, as well as fuels the EUR/USD price. ", "At home, upbeat German inflation clues and PMI data, as well as mostly firmer statistics from the Eurozone, allowed the ECB hawks to keep the reins and suggest further rate increases from the region's central bank, which in turn propel the EUR/USD prices."
  • Eur/usd forex signal: bears prevail ahead of US cpi, bank earnings - 11 April 2023. According to DailyForex on Tuesday, 11 April, "The EUR/USD pair drifted downwards as the US dollar index continued crawling back. "

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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