EUR/CHF Falls By 1% In The Last 5 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.28% for the last 5 sessions. At 15:06 EST on Monday, 29 January, EUR/CHF (EURCHF) is $0.93.

EUR/CHF’s yearly highs and lows, it’s 3.355% up from its 52-week low and 7.236% 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 0.21%, a negative 0.01%, and a positive 0.25%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.21% (last week), 0.23% (last month), and 0.25% (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

  • Eur/usd signal: broadening wedge forms ahead of fed decision – 29 January 2024. According to DailyForex on Monday, 29 January, "The EUR/USD exchange rate reacted mildly to last week’s ECB decision, US GDP and December’s PCE report. ", "The EUR/USD exchange rate has moved sideways in the past few days as focus now shifts to the upcoming Fed decision. "
  • Eur/usd finds six-week low near 1.0800 as euro broadly underperforms. According to FXStreet on Monday, 29 January, "Monday saw EUR/USD decline over eight-tenths of a percent peak-to-trough from Friday’s near-term peak at 1.0886, and the pair continues to waffle below the 200-hour Simple Moving Average (SMA) descending into 1.0870.", "Technical resistance has piled up in a familiar zone just below the 1.0900 handle, capping off intraday momentum to the top side and chaining EUR/USD into a defensive position as bids test old chart territory."
  • Eur/usd remains under pressure below 1.0850, German GDP data eyed. According to FXStreet on Monday, 29 January, "This, in turn, might exert some selling on the Euro (EUR) and act as a headwind for the EUR/USD pair."
  • According to DailyForex on Monday, 29 January, "Presently, the EUR/USD pair price seems to be caught in a phase of indecision, oscillating within its established range as it accumulates enough momentum for a significant directional move.", "The EUR/USD pair initially showed a decline at the start of Friday’s session but received substantial support at the 200-day Exponential Moving Average. "
  • Eur/usd price analysis: inches lower to 1.0840 followed by the monthly low. According to FXStreet on Monday, 29 January, "The significant level at 1.0850 may act as immediate resistance for the EUR/USD pair. ", "The 14-day Relative Strength Index (RSI) for the EUR/USD pair lies below the 50 mark, indicating a bearish momentum in the market. "

More news about EUR/CHF (EURCHF).

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