EUR/CHF Bullish By 1% In The Last 10 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.98% for the last 10 sessions. At 14:06 EST on Friday, 16 August, EUR/CHF (EURCHF) is $0.96.

EUR/CHF’s yearly highs and lows, it’s 5.77% up from its 52-week low and 3.817% 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 0.26%, a negative 0.06%, and a positive 0.31%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.33% (last week), 0.40% (last month), and 0.31% (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 edges higher in a familiar range, retakes 147.00 mark amid risk-on mood. According to FXStreet on Wednesday, 14 August, "Apart from this, expectations that the Bank of Japan (BoJ) will hike rates again in 2024 help limit the JPY losses and might cap the USD/JPY pair.", "This, in turn, will play a key role in influencing the USD demand in the near term and provide some meaningful impetus to the USD/JPY pair. "
  • Usd/jpy consolidates in a familiar rage, holds comfortably above 147.00 mark. According to FXStreet on Thursday, 15 August, "The uncertainty over the likely timing of when the Bank of Japan (BoJ) will hike interest rates again is holding traders back from placing aggressive bets and leading to the USD/JPY pair’s range-bound price action. ", "The USD/JPY pair struggles to capitalize on the previous day’s goodish rebound from the 146.00 round figure, or the weekly low and oscillates in a narrow trading band during the Asian session on Thursday. "
  • According to FXStreet on Thursday, 15 August, "In terms of support levels, the USD/JPY pair may navigate the region arounda seven-month low of 141.69, reached on August 5. ", "However, the USD/JPY pair received support from the improved US Dollar amid higher Treasury yields. "
  • According to FXStreet on Friday, 16 August, "In terms of support levels, the USD/JPY pair may encounter immediate support at the nine-day EMA, around 148.09. ", "On the upside, the USD/JPY pair could aim for the 50-day EMA at 153.08, with the possibility of testing the resistance level at 154.50, which has transitioned from previous throwback support to current pullback resistance."
  • Usd/jpy price analysis: establishes sequence of higher highs and higher lows. According to FXStreet on Friday, 16 August, "However, in the case of USD/JPY the pair failed to decline and instead traded sideways before breaking decisively higher on August 15."

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