EUR/CHF Jumps By 2% In The Last 21 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 2.23% for the last 21 sessions. At 15:06 EST on Sunday, 14 July, EUR/CHF (EURCHF) is $0.97.

EUR/CHF’s yearly highs and lows, it’s 7.918% up from its 52-week low and 1.863% 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

  • Eur/usd price analysis: rises toward 1.1000 ahead of three-month highs. According to FXStreet on Friday, 12 July, "Furthermore, the 14-day Relative Strength Index (RSI), a momentum indicator, is above the level of 50, confirming the bullish trend for the EUR/USD pair. ", "On the downside, initial support for EUR/USD lies near the lower boundary of the ascending channel around the 1.0830 level, followed by the nine-day Exponential Moving Average (EMA) at the level of 1.0822."
  • According to FXStreet on Friday, 12 July, "UOB Group FX analysts Quek Ser Leang and Peter Chia suggest the EUR/USD pair is likely to trade within a range of 1.0845 to 1.0900. "
  • According to FXStreet on Friday, 12 July, "For now, lingering downside risks for the dollar mean EUR/USD couldtake another shot at breaking above 1.0900 soon."

More news about EUR/CHF (EURCHF).

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