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

(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.94% for the last 21 sessions. At 02:06 EST on Saturday, 18 May, EUR/CHF (EURCHF) is $0.99.

EUR/CHF’s yearly highs and lows, it’s 9.424% up from its 52-week low and 0% down from its 52-week high.

Volatility

EUR/CHF’s last week, last month’s, and last quarter’s current intraday variation average was 0.19%, 0.06%, and 0.22%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.20% (last week), 0.19% (last month), and 0.22% (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 hovers near 1.0900 with an improved risk appetite. According to FXStreet on Thursday, 16 May, "The US Dollar’s (USD) decline is contributing to pressure on the EUR/USD pair, which could be attributed to the improved risk appetite."
  • Eur/usd price analysis: drops to near 1.0850, further support at nine-day EMA. According to FXStreet on Friday, 17 May, "However, the momentum indicator Moving Average Convergence Divergence (MACD) suggests a bullish sentiment for the EUR/USD pair. ", "Conversely, downside potential for the EUR/USD pair suggests initial support near the significant level of 1.0850, with further support expected around the nine-day Exponential Moving Average (EMA) at 1.0818. "
  • Eur/usd corrects as fed's hawkish gudaince improves US dollar's appeal. According to FXStreet on Friday, 17 May, "Going forward, EUR/USD is expected to extend its upside towards the psychological resistance of 1.1000."

More news about EUR/CHF (EURCHF).

Leave a Reply

Your email address will not be published. Required fields are marked *