(VIANEWS) - EUR/CHF (EURCHF) has been up by 1.62% for the last 10 sessions. At 14:07 EST on Sunday, 12 March, EUR/CHF (EURCHF) is $0.98.
EUR/CHF's yearly highs and lows, it's 3.956% up from its 52-week low and 6.772% 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 overbought (>=80).
News about
- Eur/usd climbs on high inflation data in Germany, as the USD sinks post US NFP. According to FXStreet on Saturday, 11 March, "The EUR/USD rose 0.45% late in the New York session in a volatile trading day, with Wall Street set to register substantial losses blamed on a US bank collapse. "
- Eur/usd bulls poke 1.0600 as mixed US data test fed hawks, US nfp, ecb’s lagarde eyed. According to FXStreet on Friday, 10 March, "However, inflation fears join the geopolitical tension to challenge the EUR/USD buyers.", "Apart from the aforementioned catalysts, the geopolitical fears emanating from US President Joe Biden's budget proposal for 2024 and the US partnership with the UK and Australia for nuclear submarines should also challenge the EUR/USD buyers."
- Eur/usd: further rise to 1.12 until mid-2024 – commerzbank. According to FXStreet on Friday, 10 March, "However, what is more decisive for our EUR/USD projections is that we do not expect any ECB rate cuts until the end of the forecasting horizon in late 2024 anymore, whereas we assume that the US will lower its key rate even further in 2024 than previously projected.", "We have left our EUR/USD projections for 2023 unchanged, but now expect a further rise in EUR/USD to 1.12 until mid-2024."
- Eur/usd price analysis: bulls need validation from 1.0650 and US NFP to keep control. According to FXStreet on Friday, 10 March, "Above all, the EUR/USD bears keep the reins unless the quote stays below the lower line of a one-week-old ascending triangle, the previous support surrounding 1.0650.", "It should be observed that the pair's sustained trading below the 1.0520 mark will need validation from the 1.0500 round figure to convince the EUR/USD sellers."
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