EUR/CHF Bearish Momentum With A 1% Fall In The Last 10 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.26% for the last 10 sessions. At 10:07 EST on Monday, 17 July, EUR/CHF (EURCHF) is $0.97.

EUR/CHF’s yearly highs and lows, it’s 2.418% up from its 52-week low and 4.358% 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 ticks down to mid-138.00s, holds above two-month low touched on Friday. According to FXStreet on Monday, 17 July, "In the meantime, speculations that the Bank of Japan (BoJ) could adjust its Yield Curve Control (YCC) policy as soon as this month might continue to underpin the Japanese Yen (JPY) and act as a headwind for the USD/JPY pair. ", "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. "
  • 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."
  • Usd/jpy trades with modest losses below mid-138.00s amid softer risk tone, fresh USD selling. According to FXStreet on Monday, 17 July, "The data might influence the USD price dynamics and provide some impetus to the USD/JPY pair. ", "Moreover, speculations that the Bank of Japan (BoJ) could adjust its Yield Curve Control (YCC) policy as soon as this month further underpin the JPY and exert some downward pressure on the USD/JPY pair."

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