EUR/CHF Bullish Momentum: 1% Up In The Last 5 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 1% for the last 5 sessions. At 15:06 EST on Wednesday, 27 September, EUR/CHF (EURCHF) is $0.97.

EUR/CHF’s yearly highs and lows, it’s 2.577% up from its 52-week low and 4.189% 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 flat-lines below 148.50 amid the FX intervention fear. According to FXStreet on Monday, 25 September, "This, in turn, might cap the upside of the US Dollar (USD) and act as a headwind for the USD/JPY pair. ", "The USD/JPY pair remains flat below the mid-148.00s during the early European session on Monday. "
  • Usd/jpy: there is certainly a chance of a break above the 150 level – MUFG. According to FXStreet on Tuesday, 26 September, "We have a neutral bias for the period ahead for USD/JPY reflecting the potential for an upside move initially but also reflecting the unlikelihood that a break higher would be sustained for long.", "Increased volatility and higher trading ranges are likely if USD/JPY does break higher through the 150 level."
  • Usd/jpy consolidates its gains below 149.00 amid the cautious mood, fear of intervention. According to FXStreet on Monday, 25 September, "Traders will take cues from these figures and find trading opportunities around the USD/JPY pair.", "This, in turn, might cap the upside of the US Dollar (USD) and act as a headwind for the USD/JPY pair. "

More news about EUR/CHF (EURCHF).

Leave a Reply

Your email address will not be published. Required fields are marked *