(VIANEWS) – EUR/CHF (EURCHF) has been up by 0.8213% for the last session’s close. At 05:06 EST on Friday, 5 May, EUR/CHF (EURCHF) is $0.98.
EUR/CHF (EURCHF) Range
About EUR/CHF’s daily highs and lows, it’s 0.872% up from its trailing 24 hours low of $0.97 and 0.748% up from its trailing 24 hours high of $0.98.
EUR/CHF’s yearly highs and lows, it’s 4.285% up from its 52-week low and 6.477% 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 0.53%, a negative 0.15%, and a positive 0.30%, respectively.
EUR/CHF’s highest amplitude of average volatility was 0.53% (last week), 0.26% (last month), and 0.30% (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
- Risks in eur/usd are pointing to the downside – commerzbank. According to FXStreet on Wednesday, 3 May, "Economists at Commerzbank analyze how the US Dollar and the EUR/USD pair could react to the Fed policy announcement.", "As we consider it to be unlikely that the Fed will signal a rate pause at this stage, the risks in EUR/USD as a result of today’s Fed meeting are therefore rather pointing to the downside."
- Fed preview: no talk of eventual rate cuts not enough to feed the eur/usd bull story – ING. According to FXStreet on Wednesday, 3 May, "Our base case assumes that a 25 bps Fed hike and remarks that further hikes ‘may yet be required’ will not be enough to feed the EUR/USD bull story. ", "On balance, we see EUR/USD correcting back to the 1.10 area on the FOMC event risk - but probably not much lower given the ECB meeting the next day. "
- Eur/usd price analysis: tests trendline breakout above 1.1000 ahead of fed/ecb policy. According to FXStreet on Wednesday, 3 May, "The EUR/USD pair has shown a marginal correction after facing fragile barricades around 1.1030 in the early European session. "
- Eur/usd bulls approach 1.1055 even as banking woes, mixed inflation prod fed, ECB hawks. According to FXStreet on Wednesday, 3 May, "Looking forward, EUR/USD pair traders should pay attention to the risk catalysts and the US ADP Employment Change for April, as well as the ISM Services PMI for the said month, for clear directions. ", "A clear bounce off the 21-DMA support, around 1.0970 by the press time, followed by an upside break of the one-week-old previous resistance line, now nearby support around 1.0990, keeps the EUR/USD pair buyers hopeful. "
- Eur/usd price analysis: euro bulls struggle within small range near 1.1000 amid pre-fed anxiety. According to FXStreet on Wednesday, 3 May, "It’s worth noting that the MACD signals are bearish but the RSI (14) line is firmer, not overbought, which in turn suggests a gradual run-up in the EUR/USD prices.", "However, a one-month-old previous support line, close to 1.1025 at the latest, precedes an upward-sloping resistance line from February 2023, surrounding 1.1075, to challenge the EUR/USD bulls."
More news about EUR/CHF (EURCHF).
