EUR/CHF Bearish Momentum With A 1% Drop In The Last 21 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.7% for the last 21 sessions. At 16:07 EST on Sunday, 23 July, EUR/CHF (EURCHF) is $0.96.

EUR/CHF’s yearly highs and lows, it’s 2.195% up from its 52-week low and 4.566% 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 positive 0.02%, a negative 0.09%, and a positive 0.22%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.27% (last week), 0.19% (last month), and 0.22% (last quarter), respectively.

News about

  • Usd/jpy trades with modest intraday losses below 140.00, lacks follow-through. According to FXStreet on Friday, 21 July, "A generally weaker tone around the equity markets, along with concerns over slowing growth in China, the worsening US-China relations and geopolitical risks, benefit the safe-haven Japanese Yen (JPY), which, in turn, exert pressure on the USD/JPY pair. ", "The USD/JPY pair edges lower during the Asian session on Friday and moves away from over a one-week high, around the 140.50 region touched the previous day. "
  • Usd/jpy prints four-day winning streak above 140.00 despite upbeat Japan inflation, sluggish yields. According to FXStreet on Friday, 21 July, "Looking ahead, a light calendar may restrict immediate USD/JPY moves before the next week’s monetary policy meetings of the Fed and the BoJ. ", "Although the 200-DMA puts a floor under the USD/JPY prices near 136.90, the Yen pair’s immediate upside appears guarded by the 50-DMA hurdle of 140.60."
  • Usd/jpy rallies to near 142.00 as US dollar jumps and boj policy seems unchanged. According to FXStreet on Friday, 21 July, "The USD/JPY pair is swiftly marching towards the critical resistance of 142.00 in the European session. ", "The rally in USD/JPY is backed by expectations that policy divergence between the Fed and the Bank of Japan (BoJ) would escalate further as the Fed is expected to raise interest rates further while the BoJ will continue maintaining its decade-long ultra-dovish policy stance. "
  • Usd/jpy forecast: shows resilience against Japanese yen – 21 July 2023. According to DailyForex on Friday, 21 July, "If the USD/JPY pair manages to break above the ¥140.50 level, it could pave the way for further gains towards the ¥142.50 level, which has held historical importance.", "Traders are advised to remain cautious and prepare for potential volatility in the USD/JPY pair. "
  • Usd/jpy soars past 141.00 as boj’s would sticks to dovish stance, weakening the JPY. According to FXStreet on Friday, 21 July, "USD/JPY rallied back above the 141.00 figure after rumors the Bank of Japan (BoJ) would not change its Yield Curve Control (YCC) emerged, spurring an upward reaction in the USD/JPY due to Japanese Yen (JPY) softness. ", "The USD/JPY seesawed around 140.00 throughout most of the Asian session before the Reuters report surfaced."

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