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 19:06 EST on Thursday, 2 March, EUR/CHF (EURCHF) is $1.00.

EUR/CHF’s yearly highs and lows, it’s 5.854% up from its 52-week low and 5.069% 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 0.06%, a negative 0.10%, and a positive 0.28%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.17% (last week), 0.28% (last month), and 0.28% (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 price analysis: eyes another battle with the key dmas above 136.00. According to FXStreet on Wednesday, 1 March, "On the flip side, a 13-day-long ascending support line, close to 135.35 at the latest, restricts the short-term pullback of the USD/JPY pair.", "Following that, the 140.00 round figure and late November 2022 high of 142.25 could lure the USD/JPY buyers."
  • Usd/jpy climbs back closer to YTD top, bulls await sustained move beyond 100-day SMA. According to FXStreet on Thursday, 2 March, "The USD/JPY pair is seen building on the overnight late rebound from the 135.25 area and steadily climbs back closer to the YTD peak at 136.90 during the early European session on Thursday. ", "That said, the cautious market mood – amid looming recession risks – could benefit the JPY’s safe-haven status and cap the upside for the USD/JPY pair. "
  • Usd/jpy sticks to modest gains below mid-138.00s, remains close to YTD peak set on Tuesday. According to FXStreet on Wednesday, 1 March, "This, along with the US bond yields, will influence the USD price dynamics and provide some impetus to the USD/JPY pair. ", "The aforementioned mixed fundamental backdrop is holding back traders from placing aggressive bets and keeping a lid on any meaningful gains for the USD/JPY pair, at least for the time being. "

More news about EUR/CHF (EURCHF).

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