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

(VIANEWS) – EUR/CHF (EURCHF) has been up by 2% for the last 21 sessions. At 16:06 EST on Sunday, 7 April, EUR/CHF (EURCHF) is $0.98.

EUR/CHF’s yearly highs and lows, it’s 8.295% up from its 52-week low and 1.102% down from its 52-week high.

Volatility

EUR/CHF’s last week, last month’s, and last quarter’s current intraday variation average was 0.18%, 0.05%, and 0.23%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.30% (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

  • According to FXStreet on Friday, 5 April, "A sustained strength beyond, however, might trigger a fresh bout of a short-covering move and lift the USD/JPY pair towards the 153.00 round figure.", "The US Dollar (USD), on the other hand, struggles to capitalize on the overnight bounce from a two-week low and contributes to the offered tone surrounding the USD/JPY pair."
  • It’s only a matter of time before usd/jpy rallies – BBH. According to FXStreet on Friday, 5 April, "Verbal defense on the Yen continues as Japanese Finance Minister Suzuki and Prime Minister Kishida both warned against excessive yen moves." "It’s only a matter of time before USD/JPY breaks higher because we anticipate a gradual BOJ tightening process and a more muted than currently priced-in Fed easing cycle."

More news about EUR/CHF (EURCHF).

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