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EUR/CHF Bullish Momentum: 1% Up In The Last 10 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 1% for the last 10 sessions. At 18:06 EST on Sunday, 24 September, EUR/CHF (EURCHF) is $0.97.

EUR/CHF’s yearly highs and lows, it’s 2.376% up from its 52-week low and 4.397% down from its 52-week high.

Volatility

EUR/CHF’s last week, last month’s, and last quarter’s current intraday variation average was 0.24%, 0.02%, and 0.21%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.30% (last week), 0.22% (last month), and 0.21% (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

  • Usd/jpy to break above 150 given the drift higher in US yields – TDS. According to FXStreet on Friday, 22 September, "As such the task lies with MoF officials to cap JPY weakness and there is little resistance for USD/JPY to break above 150 given the drift higher in US yields."
  • Usd/jpy heading topside for Friday, aiming for 148.50. According to FXStreet on Friday, 22 September, "Thursday’s backslide saw the USD/JPY fall to the 200-hour Simple Moving Average (SMA) before giving a rebound through early Friday trading.", "On the daily candlesticks the USD/JPY is decidedly bullish, up nearly 8% from July’s bottom near 137.20. "
  • Usd/jpy: yen weakness to remain in focus after boj update – MUFG. According to FXStreet on Friday, 22 September, "However, the move higher in USD/JPY will continue to be dampened by the heightened risk of intervention from Japan to support the Yen."
  • Usd/jpy reclaims 148.00 in reaction to boj's decision to maintain status quo. According to FXStreet on Friday, 22 September, "That said, the possibility of the Japanese government intervening in foreign exchange markets might hold back bullish traders from placing fresh bets around the USD/JPY pair.", "The USD/JPY pair regains positive traction during the Asian session on Friday and the buying interest picks up pace after the Bank of Japan (BoJ) announced its policy decision. "
  • According to FXStreet on Friday, 22 September, "As the Japanese Yen comes under renewed selling pressure, with the USD/JPY pair re-approaching the 148.00 level, Japan’s Finance Minister Shunichi Suzuki is out with some usual verbal intervention."

More news about EUR/CHF (EURCHF).

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