EUR/CHF Bullish Momentum: 0.96% Up In The Last 5 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 0.96% for the last 5 sessions. At 21:06 EST on Wednesday, 24 April, EUR/CHF (EURCHF) is $0.98.

EUR/CHF’s yearly highs and lows, it’s 8.372% up from its 52-week low and 0.941% down from its 52-week high.

Volatility

EUR/CHF’s last week, last month’s, and last quarter’s current intraday variation average was 0.08%, 0.03%, and 0.23%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.17% (last week), 0.25% (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 holds above 1.0700 on weaker US dollar, upbeat eurozone PMI. According to FXStreet on Wednesday, 24 April, "The EUR/USD pair holds above the 1.0700 psychological barrier during the early Asian session on Wednesday. "
  • 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 climbs above 1.0700 on soft US dollar on weak US pmis. According to FXStreet on Tuesday, 23 April, "From a technical standpoint, EUR/USD traders, despite reclaiming the 1.0700 figure, further downside is seen. "
  • Eur/usd price analysis: tests the major level of 1.0650; followed by the nine-day EMA. According to FXStreet on Tuesday, 23 April, "Moreover, the lagging indicator, Moving Average Convergence Divergence (MACD), indicates weakness for the EUR/USD pair as it resides below the centerline and the signal line. ", "On the upside, the immediate barrier for the EUR/USD pair could be the nine-day Exponential Moving Average (EMA) at 1.0675. "
  • Eur/usd stays firm, shy of 1.0700 amid strong US dollar and elevated US yields. According to FXStreet on Wednesday, 24 April, "Besides that, EUR/USD traders would be eyeing the release of the Core Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve’s preferred inflation gauge, which is estimated to remain steady at 0.3%. ", "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. "

More news about EUR/CHF (EURCHF).

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