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EUR/CHF Bullish Momentum: 0.87% Up In The Last 5 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 0.87% for the last 5 sessions. At 19:06 EST on Thursday, 12 September, EUR/CHF (EURCHF) is $0.94.

EUR/CHF’s yearly highs and lows, it’s 4.319% up from its 52-week low and 5.136% 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 0.04%, a negative 0.04%, and a positive 0.31%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.30% (last week), 0.28% (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

  • According to FXStreet on Tuesday, 10 September, "Therefore, the market will probably quickly shift its focus to the ECB meeting on Thursday and trade EUR/USD sideways for the time being."
  • According to FXStreet on Wednesday, 11 September, "The next few days will help shape the FX reaction to the debate more clearly, but we have been generally positive on EUR/USD staying supported into the US election and the rising perceived probability of Harris winning is endorsing this view.", "A 25bp rate cut is nearly guaranteed, but as discussed in ourECB Cheat Sheet, there is room for EUR/USD to trade higher on the back of a hawkish repricing in front-end EUR rates."
  • Eur/usd dips as German inflation falls, ECB rate cut looms. According to FXStreet on Tuesday, 10 September, "The EUR/USD retreated on Tuesday after the latest inflation report in Germany, which increased the likelihood of another interest rate cut by the European Central Bank (ECB). ", "At the time of writing, the EUR/USD trades at 1.1021, virtually unchanged, as Wednesday’s Asian session begins."
  • Eur/usd struggles to lure buyers, remains below mid-1.1000s amid modest USD uptick. According to FXStreet on Tuesday, 10 September, "The EUR/USD pair recovers a few pips from a one-week low, around the 1.1030-1.1025 area touched during the Asian session on Tuesday and for now, seems to have snapped a two-day losing streak. ", "This might further contribute to capping the EUR/USD pair, though the downside is likely to remain cushioned ahead of this week’s key data/central bank event risks."
  • Eur/usd trades around 1.1050 after halting a three-day losing streak, US CPI eyed. According to FXStreet on Wednesday, 11 September, "The upside of the EUR/USD pair is attributed to the subdued US Dollar (USD) ahead of the US Consumer Price Index (CPI) data scheduled to be released later in the North American hours. "

More news about EUR/CHF (EURCHF).

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