EUR/CHF Bullish Momentum: 0.97% Up In The Last 10 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 0.97% for the last 10 sessions. At 11:06 EST on Wednesday, 29 March, EUR/CHF (EURCHF) is $1.00.

EUR/CHF’s yearly highs and lows, it’s 5.61% up from its 52-week low and 5.288% 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 0.03%, a negative 0.06%, and a positive 0.33%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.39% (last week), 0.38% (last month), and 0.33% (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 forex signal: relief rally to 1.0850 likely – 27 March 2023. According to DailyForex on Monday, 27 March, "The EUR/USD exchange rate pulled back sharply on Friday as concerns about the banking sector resumed. ", "While these numbers are important, their impact on the EUR/USD pair will be limited. "
  • Eur/usd rebounds after two consecutive days of losses, boosted by risk-on impulse, weaker USD. According to FXStreet on Monday, 27 March, "The Relative Strength Index (RSI) favors EUR/USD upside, while the Rate of Chance (RoC) suggests that buying pressure is waning. ", "At the time of writing, the EUR/USD is trading at 1.0789 above its opening price."
  • Eur/usd: A move to 1.10 in the coming weeks remains a very tangible possibility – ING. According to FXStreet on Monday, 27 March, "While our general view favours a higher EUR/USD on the back of monetary policy divergence, last Friday brought a warning not to jump to the conclusion that this banking turmoil is turning into a US-only story - and therefore into a straight-line bullish EUR/USD. ", "For this week, re-testing 1.0900 would already be a very welcome sign for EUR/USD bulls."

More news about EUR/CHF (EURCHF).

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