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

ViaNews Editorial Team

December 12, 2023

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

(VIANEWS) - EUR/CHF (EURCHF) has been up by 1.94% for the last 21 sessions. At 22:06 EST on Monday, 11 December, EUR/CHF (EURCHF) is $0.95.

EUR/CHF's yearly highs and lows, it's 0.553% up from its 52-week low and 6.358% 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 oversold (<=20).

News about

  • Eur/usd: potential to dip back to the 1.05 region over the coming quarter – rabobank. According to FXStreet on Monday, 11 December, "On a 1-to-3-month view, we see the potential for EUR/USD to dip back to the 1.05 region.", "On a long-term horizon, we see greater chance of EUR/USD trading in a 1.04-1.12 range, than managing a return to levels above 1.22."
  • Eur/usd stages a recovery near 1.0760 amid upbeat US dollar. According to FXStreet on Monday, 11 December, "The EUR/USD reboundsfrom its three-week low at 1.0723, which was recorded on Friday. ", "The EUR/USD pair trades higher around 1.0760 during the Asian trading hours on Monday. "
  • Eur/usd forex signal: pressured ahead of US cpi, fomc, ECB decisions - 11 December 2023. According to DailyForex on Monday, 11 December, "The EUR/USD exchange rate wavered ahead of an important week in the financial market. ", "This will be the most important week for the EUR/USD pair in December as the US publishes crucial inflation data and as the Fed and European Central Banks (ECB) makes their final decisions of the year."
  • Eur/usd analysis: cautious anticipation of central bank decisions - 11 December 2023. According to DailyForex on Monday, 11 December, "According to the performance on the daily time frame chart below, the general trend for the EUR/USD currency pair remains bearish. ", "Therefore, stronger than expected US jobs numbers at the end of the week increased the suffering of the EUR/USD pair and it ended the week's trading on a negative note."
  • Eur/usd remain depressed near 1.0750 support with central bancs in focus. According to FXStreet on Monday, 11 December, "On a 1-to-3-month view, we see the potential for EUR/USD to dip back to the 1.05 region."

More news about EUR/CHF (EURCHF).

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ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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