(VIANEWS) – EUR/CHF (EURCHF) has been up by 2.03% for the last 10 sessions. At 07:06 EST on Monday, 1 July, EUR/CHF (EURCHF) is $0.97.
EUR/CHF’s yearly highs and lows, it’s 7.287% up from its 52-week low and 2.437% down from its 52-week high.
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 trades with positive bias near 161.00, just below its highest level since 1986. According to FXStreet on Monday, 1 July, "This might hold back the USD bulls from placing aggressive bets and cap the upside for the USD/JPY pair. ", "This, along with the wide interest rate differential between the United States and Japan, might continue to act as a tailwind for the USD/JPY pair."
- According to FXStreet on Monday, 1 July, "Surpassing the upper boundary of the ascending channel pattern around 161.50 will reinforce the bullish sentiment, potentially driving the USD/JPY pair toward the psychological level of 162.00.", "A breach below this level could intensify downward pressure on the USD/JPY pair, potentially driving it toward the lower boundary of the ascending channel around 158.20. "
More news about EUR/CHF (EURCHF).
