EUR/CHF Bearish Momentum: 0.99% Down In The Last 5 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 0.99% for the last 5 sessions. At 05:06 EST on Friday, 31 May, EUR/CHF (EURCHF) is $0.98.

EUR/CHF’s yearly highs and lows, it’s 8.76% up from its 52-week low and 1.098% 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 positive 0.02%, and a positive 0.24%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.40% (last week), 0.24% (last month), and 0.24% (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 price analysis: moves below 1.0850 despite a bullish bias. According to FXStreet on Wednesday, 29 May, "The EUR/USD pair could potentially challenge the upper boundary of the ascending triangle, followed by the psychological resistance level at 1.0900. ", "On the downside, immediate support for the EUR/USD pair could be found at the lower boundary of the ascending triangle, followed by the 21-day Exponential Moving Average (EMA) at 1.0815. "
  • According to FXStreet on Friday, 31 May, "Pablo Piovano, Senior Analyst at FXStreet, notes, "In case the bullish sentiment kicks in, EUR/USD is expected to face initial resistance at monthly peaks near the 1.0900 barrier. "
  • Eur/usd price analysis: the first upside target emerges above 1.0850. According to FXStreet on Friday, 31 May, "The EUR/USD pair weakens to 1.0820 during the early European trading hours on Friday. ", " On the flip side, the first downside target for EUR/USD will emerge at the 1.0800-1.0805 region, portraying the confluence of the 100-day EMA and psychological level. "

More news about EUR/CHF (EURCHF).

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