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EUR/CHF Jumps By 1% In The Last 21 Sessions

ViaNews Editorial Team

February 22, 2024

EUR/CHF Jumps By 1% In The Last 21 Sessions

(VIANEWS) - EUR/CHF (EURCHF) has been up by 1.65% for the last 21 sessions. At 09:06 EST on Thursday, 22 February, EUR/CHF (EURCHF) is $0.95.

EUR/CHF's yearly highs and lows, it's 5.515% up from its 52-week low and 5.109% down from its 52-week high.

Volatility

EUR/CHF's last week, last month's, and last quarter's current intraday variation average was 0.09%, 0.02%, and 0.25%, respectively.

EUR/CHF's highest amplitude of average volatility was 0.20% (last week), 0.24% (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 oversold (<=20).

News about

  • Eur/usd extends rally on Tuesday above 1.0800 ahead of fed’s mid-week meeting minutes. According to FXStreet on Tuesday, 20 February, "The EUR/USD came within range of 1.0840 in Tuesday's early recovery before paring back into the 1.0800 zone. "
  • According to FXStreet on Tuesday, 20 February, "The EUR/USD pair is keeping its upswing intact following the data release, adding 0.19% on the day."
  • Eur/usd climbs above 1.0800 as eu’s current account surplus surprises. According to FXStreet on Tuesday, 20 February, "Conversely, if EUR/USD sellers keep the exchange rate below the 200-DMA, that could open the door to push the price below the 1.0800 mark. "
  • Eur/usd price analysis: retreats from the weekly high to near 1.0770. According to FXStreet on Tuesday, 20 February, "A break below the latter could put weight on the EUR/USD pair to navigate the further support region around the psychological level of 1.0700, in conjunction with February's low at 1.0694, which was observed on February 14.", "The EUR/USD pair could find the key resistance zone around the 21-day Exponential Moving Average (EMA) at 1.0798 lined up with the 23.6% Fibonacci retracement at 1.0799 and the psychological level of 1.0800."

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.

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