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 19:06 EST on Thursday, 7 March, EUR/CHF (EURCHF) is $0.96.

EUR/CHF’s yearly highs and lows, it’s 6.401% up from its 52-week low and 3.882% 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%, 0.13%, and 0.23%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.25% (last week), 0.23% (last month), and 0.23% (last quarter), respectively.

News about

  • Usd/jpy price analysis: is another top forming?. According to FXStreet on Wednesday, 6 March, "Over time this has acted as a negative factor for JPY and driven the USD/JPY to new highs.", "As can be seen on the weekly chart above, after peaking at 150.84 last week, USD/JPY has entered the zone of previous major highs in the 151s - possibly a sign it is topping - however, there has so far been insufficient downside price action to definitively say it is rolling over."
  • According to FXStreet on Wednesday, 6 March, "Some follow-through buying beyond the 151.00 mark will reaffirm the positive bias and lift the USD/JPY pair to the 151.45 hurdle. ", "The subsequent downfall could drag the USD/JPY pair to the 148.30 support en route to the 148.00 mark and the 100-day Simple Moving Average (SMA), currently pegged near the 147.75 region."
  • According to FXStreet on Thursday, 7 March, "The USD/JPY pair might then surpass the 150.40-150.50 hurdle and make a fresh attempt to conquer the 151.00 round-figure mark.", "Some follow-through selling below the 23.6% Fibonacci retracement level of the December-February rally, around the 148.40-148.35 region, will reaffirm the bearish setup and drag the USD/JPY pair to the 148.00 mark. "
  • Usd/jpy: more room for losses unless Friday’s US data are strong – socgen. According to FXStreet on Thursday, 7 March, "Yen short covering is helped by lower US yields and unless Friday’s US data are strong, there’s more room for USD/JPY to fall."
  • Usd/jpy plunges to 148.00 as Japanese yen strengthens on hawkish boj bets. According to FXStreet on Thursday, 7 March, "The USD/JPY plummets to 148.00 in Thursday’s European session as expectations for the Bank of Japan (BoJ) lifting negative interest rates have escalated. ", "Meanwhile, weak US Dollar has also resulted in downward pressure on the USD/JPY pair. "

More news about EUR/CHF (EURCHF).

Leave a Reply

Your email address will not be published.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