EUR/CHF Falls By 1% In The Last 10 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.58% for the last 10 sessions. At 16:06 EST on Tuesday, 2 January, EUR/CHF (EURCHF) is $0.93.

EUR/CHF’s yearly highs and lows, it’s 3.012% up from its 52-week low and 7.874% 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 0.43%, a negative 0.15%, and a positive 0.28%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.43% (last week), 0.30% (last month), and 0.28% (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 overbought (>=80).

News about

  • According to FXStreet on Tuesday, 2 January, "The latter should act as a key pivotal point, which if broken decisively could make the USD/JPY pair vulnerable to accelerate the fall towards the 139.35 region en route to the 139.00 mark, the 138.75 area and the 138.00 mark (July 28 low).", "From a technical perspective, the recent breakdown and acceptance below the 200-day Simple Moving Average (SMA) was seen as a fresh trigger for the USD/JPY bears. "
  • Usd/jpy analysis: exchange rate and a temporary halt to its losses – 02 January 2024. According to DailyForex on Tuesday, 2 January, "As a result, the USD/JPY exchange rate fell to a low of 140.79 on Friday, its lowest level since August and well below its year-to-date high of 151.80. ", "Therefore, expectations are that the USD/JPY will continue to decline in 2024 as sellers target the key support level at 137.17, its swing low on July 14. "

More news about EUR/CHF (EURCHF).

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