(VIANEWS) – EUR/CHF (EURCHF) has been up by 1% for the last 5 sessions. At 16:07 EST on Sunday, 21 July, EUR/CHF (EURCHF) is $0.97.
EUR/CHF’s yearly highs and lows, it’s 6.999% up from its 52-week low and 2.699% down from its 52-week high.
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 holds losses near 1.0900 due to increased risk aversion. According to FXStreet on Friday, 19 July, "The decline in the EUR/USD pair can be attributed to the strengthening of the US Dollar (USD) amid increased risk aversion."
- According to FXStreet on Friday, 19 July, "The fact that EUR/USD had to give up the 1.0930 area during the press conference cannot seriously be explained by a surprise in Thursday’s ECB communication.", "In any case, for such a bubble to burst, it is enough for EUR/USD not to rise any further and for some trivial event to occur, like an ECB press conference at which Lagarde says pretty much what was expected."
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