EUR/CHF Bullish Momentum: 0.92% Up In The Last 10 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 0.92% for the last 10 sessions. At 18:06 EST on Sunday, 28 April, EUR/CHF (EURCHF) is $0.98.

EUR/CHF’s yearly highs and lows, it’s 8.272% up from its 52-week low and 0.892% down from its 52-week high.

Volatility

EUR/CHF’s last week, last month’s, and last quarter’s current intraday variation average was 0.15%, 0.01%, and 0.23%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.16% (last week), 0.24% (last month), and 0.23% (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 trades with negative bias, holds above 1.0700 as traders await US PCE price index. According to FXStreet on Friday, 26 April, "The EUR/USD pair edges lower during the Asian session on Friday and moves away from a two-week high, around the 1.0740 area touched the previous day. ", "In the meantime, growing acceptance that the US central bank will keep interest rates higher for longer lends some support to the Greenback and exerts some downward pressure on the EUR/USD pair."
  • Eur/usd continues slogging higher prior to March US core PCE. According to FXStreet on Friday, 26 April, "The expectation of interest rates staying higher for longer temporarily strengthened the Greenback - but weighed on EUR/USD - because higher interest rates attract more foreign capital inflows.", "A lower-than-forecast reading would bring forward the time the Fed is expected to make its first interest-rate cut, weakening USD and lifting the EUR/USD exchange rate."

More news about EUR/CHF (EURCHF).

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