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

(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.51% for the last 21 sessions. At 22:06 EST on Thursday, 28 March, EUR/CHF (EURCHF) is $0.97.

EUR/CHF’s yearly highs and lows, it’s 7.663% up from its 52-week low and 2.683% 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 0.03%, a positive 0.10%, and a positive 0.23%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.40% (last week), 0.24% (last month), and 0.23% (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

  • Usd/jpy: another leg higher needed for actual FX intervention to be deployed – ING. According to FXStreet on Wednesday, 27 March, "This may still be only a ‘verbal intervention’ range, with another USD/JPY leg higher needed for actual FX intervention to be deployed (perhaps closer to 155.00). "
  • Usd/jpy: the next major technical resistance after the 151.95-152.00 zone is not before 160.00 – BBH. According to FXStreet on Wednesday, 27 March, "In our view, it’s only a matter of time before USD/JPY breaks higher because we anticipate a gradual BoJ tightening process and a more muted than currently priced-in Fed easing cycle.", "The next major technical resistance for USD/JPY after the 151.95-152.00 zone is not before 160.00 (April 1990 high)."
  • According to FXStreet on Wednesday, 27 March, "The Japanese Yen (JPY) continued to weaken against the US Dollar (USD), with USD/JPY reaching its highest level since 1990 near 152.00 early Wednesday. ", "After coming within a few pips of 152.00, USD/JPY edged slightly lower but stabilized above 151.50."
  • According to FXStreet on Thursday, 28 March, "This further contributes to keeping a lid on any meaningful appreciating move for the USD/JPY pair ahead of the release of the US Personal Consumption Expenditures (PCE) Price Index on Friday. ", "This is closely followed by the 150.00 psychological mark, which, if broken decisively, could make the USD/JPY pair vulnerable to accelerate the corrective decline further towards the 149.35-149.30 region en route to the 149.00 round figure."
  • Usd/jpy analysis: strong move ahead – 27 March 2024. According to DailyForex on Wednesday, 27 March, "Overall, according to economic calendar data, USD/JPY could take cues from medium-to-high US data, including the core PCE inflation index due later in the week. ", "There is no change in our technical view, as the overall trend for the USD/JPY currency pair remains bullish, and there will be no trend break without moving towards support levels at 149.80 and 148.00 respectively. "

More news about EUR/CHF (EURCHF).

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