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

(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.74% for the last 21 sessions. At 06:06 EST on Monday, 16 September, EUR/CHF (EURCHF) is $0.94.

EUR/CHF’s yearly highs and lows, it’s 4.064% up from its 52-week low and 5.368% 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 0.12%, a negative 0.09%, and a positive 0.30%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.32% (last week), 0.26% (last month), and 0.30% (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 oversold (<=20).

News about

  • Usd/jpy seems vulnerable near YTD low, around mid-140.00s ahead of fed/boj meetings this week. According to FXStreet on Monday, 16 September, "In the meantime, the divergent Fed-BoJ policy expectations led to the recent unwinding of the Japanese Yen (JPY) carry trades and continue to exert some downward pressure on the USD/JPY pair.", "This, in turn, suggests that the path of least resistance for the USD/JPY pair remains to the downside and supports prospects for an extension of a well-established downtrend witnessed over the past two months or so. "
  • Usd/jpy price analysis: tests 14-month lows; next support at 140.00. According to FXStreet on Monday, 16 September, "In terms of support, the USD/JPY pair is testing 140.25, which is the lowest level since July 2023, followed by the psychological level of 140.00. ", "However, the 14-day Relative Strength Index (RSI), a momentum indicator, is positioned below the 30 level, suggesting an oversold situation for the USD/JPY pair and a potential for an upward correction soon."

More news about EUR/CHF (EURCHF).

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