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EUR/CHF Jumps By 2% In The Last 10 Sessions

ViaNews Editorial Team

August 16, 2024

EUR/CHF Jumps By 2% In The Last 10 Sessions

(VIANEWS) - EUR/CHF (EURCHF) has been up by 2.16% for the last 10 sessions. At 01:06 EST on Friday, 16 August, EUR/CHF (EURCHF) is $0.96.

EUR/CHF's yearly highs and lows, it's 5.958% up from its 52-week low and 3.646% 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 positive 0.26%, a negative 0.06%, and a positive 0.31%, respectively.

EUR/CHF's highest amplitude of average volatility was 0.33% (last week), 0.40% (last month), and 0.31% (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 edges higher in a familiar range, retakes 147.00 mark amid risk-on mood. According to FXStreet on Wednesday, 14 August, "The USD/JPY pair attracts some dip-buying during the Asia session on Wednesday and climbs back above the 147.00 mark in the last hour, reversing the previous day's modest downfall. ", "This, in turn, will play a key role in influencing the USD demand in the near term and provide some meaningful impetus to the USD/JPY pair. "
  • Usd/jpy consolidates in a familiar rage, holds comfortably above 147.00 mark. According to FXStreet on Thursday, 15 August, "The USD/JPY pair struggles to capitalize on the previous day's goodish rebound from the 146.00 round figure, or the weekly low and oscillates in a narrow trading band during the Asian session on Thursday. ", "Apart from this, the US bond yields will drive the USD, which, along with the broader risk sentiment, should provide some impetus to the USD/JPY pair."
  • According to FXStreet on Thursday, 15 August, "However, the USD/JPY pair received support from the improved US Dollar amid higher Treasury yields. ", "On the upside, the USD/JPY pair may encounter immediate resistance at the nine-day Exponential Moving Average (EMA) around the 147.53 level, followed by the 50-day EMA at 153.40 level, with the potential to test the resistance level at 154.50, where previous support has now turned into resistance."

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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