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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 00:06 EST on Wednesday, 1 May, EUR/CHF (EURCHF) is $0.98.

EUR/CHF’s yearly highs and lows, it’s 8.616% up from its 52-week low and 0.416% down from its 52-week high.

Volatility

EUR/CHF’s last week, last month’s, and last quarter’s current intraday variation average was 0.10%, 0.03%, and 0.23%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.22% (last week), 0.23% (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 oversold (<=20).

News about

  • Usd/jpy recovers as traders buy the dip. According to FXStreet on Tuesday, 30 April, "USD/JPY peaked at a 34-year high of 160.32 on Monday but then rolled over and fell following a rumored currency intervention by the Japanese authorities who have been warning about the Yen weakening excessively ever since USD/JPY rose above 150.00 in March.", "This in turn is likely to continue pressuring gains in USD/JPY regardless of whether the Japanese authorities intervene. "
  • According to FXStreet on Monday, 29 April, "The USD/JPY pair slid lower from 160.17 to 154.50, a more than 3.50% appreciation of the Japanese Yen against the US Dollar."
  • According to FXStreet on Tuesday, 30 April, "This, in turn, will play a key role in influencing the near-term USD price dynamics and provide some meaningful impetus to the USD/JPY pair.", "This, in turn, provides an additional boost to the USD/JPY pair and remains supportive of the intraday positive move. "

More news about EUR/CHF (EURCHF).

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