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EUR/CHF Drops By 2% In The Last 21 Sessions

ViaNews Editorial Team

December 6, 2023

EUR/CHF Drops By 2% In The Last 21 Sessions
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(VIANEWS) - EUR/CHF (EURCHF) has been up by 2.02% for the last 21 sessions. At 03:06 EST on Wednesday, 6 December, EUR/CHF (EURCHF) is $0.94.

EUR/CHF's yearly highs and lows, it's 0.276% up from its 52-week low and 6.477% 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

  • According to FXStreet on Sunday, 3 December, "At the time of writing, the USD/JPY pair is trading around 146.43, down 0.32% on the day."
  • Japanese yen remains on the defensive against usd; 100-day SMA caps usd/jpy. According to FXStreet on Tuesday, 5 December, "Apart from this, the risk-off impulse - as depicted by a sea of red across the Asian equity markets - benefits the safe-haven JPY and further contributes to capping the USD/JPY pair near the 100-day Simple Moving. ", "From a technical perspective, the USD/JPY pair on Monday found some support and attracted buyers near the 146.20 region, representing the 38.2% Fibonacci retracement level of the July-October rally. "
  • Usd/jpy analysis: the future of the downward correction - 05 December 2023. According to DailyForex on Tuesday, 5 December, "Before that, the USD/JPY underwent strong selling operations that pushed it toward the 146.22 support level, its lowest in nearly three months. ", "According to the performance on the daily time frame chart, the price of the USD/JPY is still on a downward correction path. "
  • Usd/jpy gains as the US 10-year bond yield climb. According to FXStreet on Monday, 4 December, "The USD/JPY pair remains trading in an uptrend as US Treasury bond yields advance, mainly the 10-year benchmark note, rising close to ten basis points at 4.289%, a tailwind for the major. ", "The daily chart portrays the pair as neutral to downward biased, with the USD/JPY staying below the Kumo. "

More news about EUR/CHF (EURCHF).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.