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

(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.74% for the last 21 sessions. At 00:06 EST on Wednesday, 19 July, EUR/CHF (EURCHF) is $0.96.

EUR/CHF’s yearly highs and lows, it’s 2.142% up from its 52-week low and 4.615% 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 0.09%, a negative 0.10%, and a positive 0.22%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.24% (last week), 0.17% (last month), and 0.22% (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

  • Usd/jpy price analysis: vulnerable to retest 50% fibonacci retracement support near 137.40. According to FXStreet on Monday, 17 July, "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.", "That said, the failure to extend late Friday’s corrective bounce off the multi-day low beyond the previous support line stretched from late March, now immediate resistance around 139.35, recall the USD/JPY sellers."
  • Usd/jpy falls back to near 138.00 as US dollar remains uncertain ahead of retail sales. According to FXStreet on Tuesday, 18 July, "The USD/JPY pair has dropped back to near the crucial support of 138.00 in the European session. "
  • Usd/jpy: 145 could now prove a solid cap – ING. According to FXStreet on Monday, 17 July, "A sustained move lower in USD/JPY will require some follow-up - i.e. either from the BoJ or US data."

More news about EUR/CHF (EURCHF).

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