(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.63% for the last 10 sessions. At 13:06 EST on Friday, 5 July, EUR/CHF (EURCHF) is $0.97.
EUR/CHF’s yearly highs and lows, it’s 7.586% up from its 52-week low and 2.165% down from its 52-week high.
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
- Usd/jpy: to come back below 160 in the coming weeks – rabobank. According to FXStreet on Wednesday, 3 July, "We have revised higher our forecasts for USD/JPY and see little scope for a sustained recovery for the JPY below USD/JPY160 in the coming weeks."
- Usd/jpy: to intervene or wait? – OCBC. According to FXStreet on Wednesday, 3 July, "For USD/JPY to turn lower, that would require the USD to turn/Fed to cut or for BoJ to signal an intent to normalise urgently (rate hike or increase pace of balance sheet reduction). ", "In the interim, USD/JPY will look to UST yields, US Dollar (USD) for directional cues. "
- Usd/jpy softly lower on Thursday, easing off the gas pedal after edging close to 162.00. According to FXStreet on Thursday, 4 July, "Despite numerous rounds of verbal threats from Japanese policymakers to intervene directly in FX markets, USD/JPY continues to test into nearly four-decade peaks. "
- According to FXStreet on Thursday, 4 July, "The USD/JPY pair retreated from its peak at 161.95, a level not seen since 1986. ", "A break below this level could weaken the bullish outlook, potentially guiding USD/JPY toward the lower boundary of the ascending channel near 158.80. "
More news about EUR/CHF (EURCHF).
