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

(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.06% for the last 10 sessions. At 14:06 EST on Sunday, 11 February, EUR/CHF (EURCHF) is $0.94.

EUR/CHF’s yearly highs and lows, it’s 4.43% up from its 52-week low and 6.085% down from its 52-week high.

Volatility

EUR/CHF’s last week, last month’s, and last quarter’s current intraday variation average was 0.25%, 0.05%, and 0.24%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.25% (last week), 0.23% (last month), and 0.24% (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 oversold (<=20).

News about

  • Eur/usd to fall on fed’s talks of a rate hike – socgen. According to FXStreet on Friday, 9 February, "If we were to see talk of a Fed rate hike (which is not in our forecasts at all) EUR/USD would fall.", "Kit Juckes, Chief Global FX Strategist at Société Générale, analyzes EUR/USD outlook."
  • Eur/usd to end the second quarter somewhere near 1.1000 – ING. According to FXStreet on Friday, 9 February, "We still forecast EUR/USD ending the second quarter somewhere near 1.1000 and ending the year at 1.1500."
  • Eur/usd finds thin gains on Friday, remains capped below 1.0800. According to FXStreet on Friday, 9 February, "The EUR/USD remains pinned on the south side of the 200-hour Simple Moving Average (SMA) just beneath 1.0800. ", "Despite posting three straight days of gains and on pace for a fourth, the EUR/USD remains on the bearish side of the 200-day SMA at 1.0833. "
  • Eur/usd price analysis: seems vulnerable while below 100-day sma, 1.0800 mark. According to FXStreet on Friday, 9 February, "This is closely followed by the 1.0700 round figure, which if broken decisively will be seen as a fresh trigger for bearish traders and make the EUR/USD pair vulnerable to accelerate the slide further towards the 1.0665-1.0660 support. ", "The EUR/USD pair continues with its struggle to make it through the 100-day Simple Moving Average (SMA) barrier and meets with some supply during the Asian session on Friday. "
  • Eur/usd stalls the recent recovery from multi-month low despite subdued USD demand. According to FXStreet on Friday, 9 February, "This is closely followed by the 1.0700 mark, which if broken decisively will be seen as a fresh trigger for bearish traders and make the EUR/USD pair vulnerable. ", "A sustained strength beyond, however, might shift the near-term bias in favor of bullish traders and lift the EUR/USD pair to the 1.0900 round figure. "

More news about EUR/CHF (EURCHF).

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