EUR/CHF Bullish Momentum With A 2% Jump In The Last 21 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 2.5% for the last 21 sessions. At 08:06 EST on Thursday, 4 April, EUR/CHF (EURCHF) is $0.98.

EUR/CHF’s yearly highs and lows, it’s 9.048% up from its 52-week low and 0.435% 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 negative 0.04%, a positive 0.06%, and a positive 0.23%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.40% (last week), 0.27% (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

  • Eur/usd price analysis: the next contention level is seen at 1.0720, oversold RSI condition eyed. According to FXStreet on Tuesday, 2 April, "The upbeat US ISM Manufacturing PMI for March lifts the US Dollar (USD) and drags the EUR/USD pair lower. ", "The EUR/USD pair extends its downside to 1.0730, the weekly low during the early European session on Tuesday. "
  • Eur/usd forex signal: bearish sentiment ahead of key fed speakers – 02 April 2024. According to DailyForex on Tuesday, 2 April, "The EUR/USD pair has been in a strong downward trend after peaking at 1.0980 in March. ", "The EUR/USD pair retreated ahead of crucial statements by key Federal Reserve officials. "
  • Eur/usd price analysis: hovers near 1.0780 followed by 23.6% fibonacci retracement. According to FXStreet on Wednesday, 3 April, "A break below this level could lead the EUR/USD pair to revisit the weekly low of 1.0724, followed by psychological support at the 1.0700 level.", "A breakthrough above this level could exert upward support for the EUR/USD pair to explore the region around the nine-day Exponential Moving Average (EMA) at 1.0798, aligned with the psychological resistance of 1.0800. "
  • Eur/usd attracts some sellers near 1.0730, eyes on fedspeaks. According to FXStreet on Tuesday, 2 April, "The EUR/USD pair remains under selling pressure, reaching nearly weekly lows of 1.0730 on Tuesday during the early Asian trading hours. ", "The dovish comments from the ECB policymakers exert some selling pressure on the Euro (EUR) and act as a headwind for the EUR/USD pair. "

More news about EUR/CHF (EURCHF).

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