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EUR/CHF Bullish Momentum With A 1% Rise In The Last 10 Sessions

ViaNews Editorial Team

January 19, 2024

EUR/CHF Bullish Momentum With A 1% Rise In The Last 10 Sessions

(VIANEWS) - EUR/CHF (EURCHF) has been up by 1.6% for the last 10 sessions. At 11:06 EST on Friday, 19 January, EUR/CHF (EURCHF) is $0.95.

EUR/CHF's yearly highs and lows, it's 4.729% up from its 52-week low and 6.069% 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 0.10%, a negative 0.06%, and a positive 0.26%, respectively.

EUR/CHF's highest amplitude of average volatility was 0.18% (last week), 0.22% (last month), and 0.26% (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).

Previous days news about EUR/CHF (EURCHF)

  • Eur/chf set to correct back up to the 0.9500/0.9600 area – ING. According to FXStreet on Wednesday, 17 January, "If we are right - and given that rate differentials have been a bigger driver over recent months - we see EUR/CHF correcting back up to the 0.9500/0.9600 area."
  • Eur/chf can trade back up to the 0.9600 area over the next three months – ING. According to FXStreet on Thursday, 18 January, "We think the EUR/CHF pair can trade back up to the 0.9600 area over the next three months as ECB easing expectations are further reined in."

More news about EUR/CHF (EURCHF).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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