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 00:06 EST on Saturday, 4 March, EUR/CHF (EURCHF) is $1.00.

EUR/CHF’s yearly highs and lows, it’s 5.557% up from its 52-week low and 5.336% 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 positive 0.06%, a negative 0.10%, and a positive 0.28%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.17% (last week), 0.28% (last month), and 0.28% (last quarter), respectively.

News about

  • According to FXStreet on Thursday, 2 March, "The shared currency is a little impressed by the hotter-than-expected Eurozone inflation data, as EUR/USD keeps its range near daily lows of 1.0618. "
  • Eur/usd trims Wednesday’s gains, down below 1.0600. According to FXStreet on Thursday, 2 March, "After rallying toward the weekly high of 1.0691, the EUR/USD plunges, erasing almost its Wednesday gains. ", "Albeit the EUR/USD pair turned south, its bias remains neutral, but a daily close below 1.0600 could pave the way for further downside."
  • Eur/usd price analysis: bulls target 1.0700 amid 50-ema roadblock. According to FXStreet on Thursday, 2 March, "Even if the EUR/USD price breaks the 1.0530 support, lows marked during January 2023 and the 50% Fibonacci retracement level, respectively around 1.0480 and 1.0380, could try defending the pair buyers before welcoming the bears.", "That said, an impending bull cross on the MACD joins the Euro pair’s successful rebound from the convergence of a 200-EMA and 38.2% Fibonacci retracement of the quote’s run-up from November 2022 to February 2023 keeps the EUR/USD buyers hopeful."
  • Eur/usd set to hit the 1.12 level by year-end – barclays. According to FXStreet on Thursday, 2 March, "However, economists at Barclays Research expect the greenback to ease later in the year, lifting the EUR/USD pair to 1.12 by end-2023."

More news about EUR/CHF (EURCHF).

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