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EUR/CHF Bullish Momentum: 0.83% Up In The Last 5 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 0.83% for the last 5 sessions. At 16:07 EST on Thursday, 16 May, EUR/CHF (EURCHF) is $0.98.

EUR/CHF’s yearly highs and lows, it’s 9.037% up from its 52-week low and 0.03% down from its 52-week high.

Volatility

EUR/CHF’s last week, last month’s, and last quarter’s current intraday variation average was 0.11%, 0.04%, and 0.22%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.13% (last week), 0.18% (last month), and 0.22% (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 lurches back over 1.0800 ahead of hectic Wednesday. According to FXStreet on Tuesday, 14 May, "Tuesday’s bullish bid has pushed the pair back over the 200-day Exponential Moving Average (EMA) at 1.0797, but a firm pattern of lower highs is weighing on the EUR/USD with the last swing high failing to capture the 1.0900 level."
  • Eur/usd holds above 1.0800 ahead of eurozone gdp, according to US CPI data. According to FXStreet on Wednesday, 15 May, "The EUR/USD pair trades with a bullish bias around 1.0815 during the early Asian trading hours on Wednesday. "
  • According to FXStreet on Wednesday, 15 May, "Eren Sengezer, European Session Lead Analyst at FXStreet, offers a brief technical outlook for EUR/USD and explains: "The Relative Strength Index (RSI) indicator on the daily chart stays above 50 but EUR/USD needs to flip 1.0800-1.0820 area, where the 200-day and the 100-day Simple Moving Averages (SMA) are located, into support to extend its uptrend. ", "If EUR/USD fails to clear 1.0800-1.0820 area, buyers could get discouraged. "
  • Eur/usd price analysis: tests the upper boundary around the level of 1.0800. According to FXStreet on Tuesday, 14 May, "The EUR/USD pair faces an immediate barrier at the upper boundary of the symmetrical triangle aligned with the psychological level of 1.0800. ", "On the downside, key support for the EUR/USD pair is anticipated around the 14-day Exponential Moving Average (EMA) at 1.0752. "

More news about EUR/CHF (EURCHF).

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