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

(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.16% for the last 10 sessions. At 17:06 EST on Tuesday, 23 January, EUR/CHF (EURCHF) is $0.94.

EUR/CHF’s yearly highs and lows, it’s 4.563% up from its 52-week low and 6.218% 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 0.22%, a negative 0.01%, and a positive 0.25%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.22% (last week), 0.23% (last month), and 0.25% (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

  • Eur/usd slightly dips below 1.0900 ahead of ecb’s decision. According to FXStreet on Monday, 22 January, "Although the EUR/USD headed south, it found support at the 200-day moving average (DMA) for two consecutive days in January 17 and 18, forming a ‘tweezers bottom’ chart pattern, that could open the door for further upside. "
  • Eur/usd drifts lower as markets gear up for central bank rate call week. According to FXStreet on Monday, 22 January, "The EUR/USD continues to trade into the south end of the 200-hour Simple Moving Average (SMA), slumping below the 1.0900 handle after a brief test above the barrier early Monday.", "The EUR/USD waffled on Monday, drifting down into the 1.0880 region as markets pivot ahead of a slew of central bank rate calls this week, with the European Central Bank (ECB) in particular focus for their monetary policy statement slated for Thursday."
  • Eur/usd tightens into the midrange as markets gear up for this week’s European pmis, ECB rate call. According to FXStreet on Monday, 22 January, "The EUR/USD continues to trade into a technical midrange between major moving averages as markets reach a shaky equilibrium between rate expectations and economic outlook between the Euro (EUR) and the US Dollar (USD). ", "The EUR/USD is shuffling its feet on Monday as traders take the opportunity to gather themselves up ahead of this week’s hectic showing from multiple central banks across the globe."
  • Eur/usd lacks any firm near-term direction, oscillates in a range below 1.0900. According to FXStreet on Tuesday, 23 January, "The EUR/USD pair struggles to gain any meaningful traction during the Asian session on Tuesday and oscillates in a narrow trading band below the 1.0900 round-figure mark. ", "This, along with the mixed fundamental backdrop, should help limit the downside for the EUR/USD pair ahead of this week’s key central bank event risk and important macro data. "
  • Eur/usd price analysis: hovers above 1.0900 followed by the 23.6% fibonacci level. According to FXStreet on Monday, 22 January, "Additionally, the trend-following momentum indicator suggests a confirmation of the bearish trend in the EUR/USD pair as the "Moving Average Convergence Divergence (MACD)" line lies below the centreline and shows a divergence below the signal line.", "The EUR/USD pair receives upward support on an improved risk appetite sentiment ahead of the European Central Bank’s (ECB) January monetary policy meeting scheduled to be released on Thursday."

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