EUR/CHF Bullish Momentum With A 1% Jump In The Last 21 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.75% for the last 21 sessions. At 05:06 EST on Wednesday, 3 April, EUR/CHF (EURCHF) is $0.98.

EUR/CHF’s yearly highs and lows, it’s 8.328% up from its 52-week low and 1.5% 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 negative 0.19%, a positive 0.04%, and a positive 0.23%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.26% (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 overbought (>=80).

News about

  • Usd/jpy price analysis: hold steady below 152.00 amid intervention threats. According to FXStreet on Monday, 1 April, "On the other hand, if the USD/JPY pulls back below the Tenkan-Sen at 151.12, that would send the pair sliding to the Senkou Span A at 150.17, followed by the Kijun-Sen at 149.22. ", "The USD/JPY daily chart depicts the pair consolidating around the 151.00/152.00 region, with intervention threats strengthening the 152.00 mark as a first resistance level. "
  • Usd/jpy: next move depends on the fed, bofa. According to FXStreet on Tuesday, 2 April, "If the Fed cuts rates in line with current expectations it will weigh on USD/JPY since it will reduce the advantage of keeping cash in US Dollars (USD) compared to Japanese Yen (JPY) from the point of view of the amount of interest that can be earned.", "Even if the authorities intervene, however, they won’t have the power to plug the levee forever, and it will eventually break, pushing USD/JPY higher."
  • According to FXStreet on Wednesday, 3 April, "This is closely followed by the 150.00 psychological mark, which if broken decisively might turn the USD/JPY pair vulnerable to accelerate the corrective decline further towards the 149.35-149.30 region before eventually dropping to the 149.00 mark.", "Expectations that the gap between US and Japanese interest rates will stay wide might further hold back the JPY bulls from placing aggressive bets, which, in turn, should help limit the downside for the USD/JPY pair. "
  • Usd/jpy price analysis: hovers around 151.50, almost flat amid intervention threats. According to FXStreet on Tuesday, 2 April, "The USD/JPY remained capped at around 151.50 on Tuesday amid intervention threats from Japanese authorities. ", "The USD/JPY remains capped by the 152.00 figure, though technical support lies at the Tenkan-Sen at 151.12. "
  • Usd/jpy analysis: yen near 34-year low – 02 April 2024. According to DailyForex on Tuesday, 2 April, "Commenting on the performance of the USD/JPY currency pair, Brad Bechtel, a forex analyst at Jefferies, said, "Authorities appear tense about the 152 level – which, on long-term charts, is a good resistance level." "I don’t think they would respond if the yen slowly moved through 152. ", "Ultimately, the general bullish trend of the USD/JPY pair will remain in place until the reaction to the announcement of US job numbers at the end of the week."

More news about EUR/CHF (EURCHF).

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