EUR/CHF Bearish Momentum: 0.99% Down In The Last 10 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 0.99% for the last 10 sessions. At 23:07 EST on Monday, 17 July, EUR/CHF (EURCHF) is $0.97.

EUR/CHF’s yearly highs and lows, it’s 2.482% up from its 52-week low and 4.298% 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 0.06%, and a positive 0.22%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.29% (last week), 0.17% (last month), and 0.22% (last quarter), respectively.

News about

  • Usd/jpy trades with modest losses below mid-138.00s amid softer risk tone, fresh USD selling. According to FXStreet on Monday, 17 July, "This, in turn, prompts fresh selling around the US Dollar (USD), which languishes near its lowest level since April 2022 touched on Friday and contributes to the mildly offered tone surrounding the USD/JPY pair. ", "The USD/JPY pair struggles to capitalize on Friday’s goodish rebound from the vicinity of confluence support, comprising the 100-day and the 200-day Simple Moving Averages (SMAs) and edges lower on the first day of a new week. "
  • Usd/jpy ticks down to mid-138.00s, holds above two-month low touched on Friday. According to FXStreet on Monday, 17 July, "The USD/JPY pair struggles to capitalize on Friday’s goodish rebound from the 137.25 area, or a nearly two-month low and kicks off the new week on a subdued note. ", "Apart from this, a mildly softer tone around the US equity futures further benefits the safe-haven JPY and contributes to capping the upside for the USD/JPY pair. "
  • Usd/jpy: 145 could now prove a solid cap – ING. According to FXStreet on Monday, 17 July, "A sustained move lower in USD/JPY will require some follow-up - i.e. either from the BoJ or US data."
  • Usd/jpy price analysis: vulnerable to retest 50% fibonacci retracement support near 137.40. According to FXStreet on Monday, 17 July, "It’s worth noting that early May’s peak of around 137.80 can act as an immediate support for the USD/JPY bears to watch whereas a sustained downside break of 137.40 will make the pair vulnerable to declining towards the 61.8% Fibonacci retracement level, surrounding 135.50.", "Alternatively, a clear upside break of the support-turned-resistance line of around 139.35 isn’t an open invitation to the USD/JPY bulls as the 140.00 round figure could act as the additional upside filter."

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