EUR/CHF Bullish Momentum: 0.91% Up In The Last 10 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 0.91% for the last 10 sessions. At 01:06 EST on Tuesday, 20 June, EUR/CHF (EURCHF) is $0.98.

EUR/CHF’s yearly highs and lows, it’s 3.86% up from its 52-week low and 4.131% down from its 52-week high.

Volatility

EUR/CHF’s last week, last month’s, and last quarter’s current intraday variation average was 0.01%, 0.01%, and 0.25%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.12% (last week), 0.21% (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 price analysis: bearish spinning top, overbought RSI direct euro sellers toward 1.0900. According to FXStreet on Monday, 19 June, "It’s worth noting that the Juneteenth holiday in the US also joins the bearish spinning top candlestick on the daily chart of the EUR/USD pair and the overbought RSI (14) line to please the Euro bears of late.", "However, the bullish MACD signals and the 50-DMA support of around 1.0880 can challenge the EUR/USD bears afterward."
  • Eur/usd consolidates around 1.0940 due to mixed responses about fed’s rate guidance. According to FXStreet on Monday, 19 June, "The EUR/USD pair is oscillating in a narrow range around 1.0940 in the late Asian session. "
  • Eur/usd: short-term support levels at 1.0910/30 should hold to maintain last week's bullish momentum – ING. According to FXStreet on Monday, 19 June, "If EUR/USD is to maintain last week’s bullish momentum, short-term support levels at 1.0910/30 should hold."
  • Eur/usd: weekly forecast 18th June – 24th June – 18 June 2023. According to DailyForex on Sunday, 18 June, "The rapid move higher in the EUR/USD was certainly welcomed by bullish speculators of the currency pair who had been anticipating a renewal of the upwards momentum seen earlier this year. ", "The EUR/USD was able to trade near a high of around 1.10920 in late April and early May, and there is no doubt some traders are eyeing these values as targets. "

More news about EUR/CHF (EURCHF).

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