EUR/CHF Bullish Momentum: 0.93% Up In The Last 10 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 0.93% for the last 10 sessions. At 15:06 EST on Friday, 26 April, EUR/CHF (EURCHF) is $0.98.

EUR/CHF’s yearly highs and lows, it’s 8.283% up from its 52-week low and 0.882% 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 price analysis: the first upside target is seen at the 1.0710–1.0715 region. According to FXStreet on Wednesday, 24 April, "The EUR/USD pair trades in positive territory for the fourth consecutive day near 1.0705 on Wednesday during the early European trading hours. ", "In the event that the EUR/USD pair crosses above the key 100-period EMA, it will resume its upside. "
  • Eur/usd stays firm, shy of 1.0700 amid strong US dollar and elevated US yields. According to FXStreet on Wednesday, 24 April, "Even though the EUR/USD seems to have bottomed at around 1.0600, buyers’ failure to achieve a daily close above 1.0700 could pave the way for a re-test of the year-to-date (YTD) low at 1.0601. ", "However, the EUR/USD stands below the 1.0700 threshold posting minimal gains of 0.01%."
  • 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. ", "Apart from this, bets that the European Central Bank (ECB) will start cutting interest rates in June, amid a faster-than-anticipated fall in the Eurozone inflation, suggests that the path of least resistance for the EUR/USD pair is to the downside. "
  • Eur/usd recovers after US economic myth dented. According to FXStreet on Wednesday, 24 April, "It is now less certain EUR/USD is forming a Bear Flag price pattern as had previously been assumed. "
  • Eur/usd price analysis: moves above 1.0700, next barrier at 21-day EMA. According to FXStreet on Thursday, 25 April, "Additionally, the lagging indicator Moving Average Convergence Divergence (MACD) indicates a shift in momentum for the EUR/USD pair, as it is positioned below the centerline but above the signal line. ", "Key support for the EUR/USD pair is likely to be found around the psychological level of 1.0700. "

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