(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.82% for the last 10 sessions. At 11:06 EST on Thursday, 4 July, EUR/CHF (EURCHF) is $0.97.
EUR/CHF’s yearly highs and lows, it’s 7.708% up from its 52-week low and 2.054% 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
- Usd/jpy price analysis: rises steadily as buyers eye crucial 162.00 mark. According to FXStreet on Wednesday, 3 July, "The uptrend remains intact in the USD/JPY pair amid increasing risks that Japanese authorities or the Bank of Japan could intervene in the FX markets. ", "On further USD/JPY weakness, the first support would be 161.00, immediately followed by the Tenkan-Sen at 160.35. "
- Usd/jpy: to come back below 160 in the coming weeks – rabobank. According to FXStreet on Wednesday, 3 July, "We have revised higher our forecasts for USD/JPY and see little scope for a sustained recovery for the JPY below USD/JPY160 in the coming weeks."
- According to FXStreet on Wednesday, 3 July, "Market participants focus on the possibility of foreign exchange (FX) intervention from the Bank of Japan (BoJ), which could support the JPY and limit the upside of the USD/JPY pair.", "A breach below this level could weaken the bullish bias, potentially guiding USD/JPY toward the lower boundary of the ascending channel near 158.60. "
- According to FXStreet on Thursday, 4 July, "In the near term, USD/JPY may test resistance near 162.10, the upper boundary of the ascending channel. ", "Rabobank FX strategists pointed out on Wednesday that yield differentials appear crucial to the USD/JPY outlook. "
- Usd/jpy extends gains near 161.50 ahead of US data, FOMC minutes. According to FXStreet on Tuesday, 2 July, "The USD/JPY pair trades on a stronger note near 161.40 after reaching a new high for this move near 161.75 during the early Asian trading hours on Wednesday. ", "This, in turn, might underpin the JPY in the near term and create a headwind for the USD/JPY pair. "
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