(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.15% for the last 10 sessions. At 06:06 EST on Wednesday, 25 September, EUR/CHF (EURCHF) is $0.95.
EUR/CHF’s yearly highs and lows, it’s 5.138% up from its 52-week low and 4.391% 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 overbought (>=80).
News about
- According to FXStreet on Monday, 23 September, "Further EUR/USD consolidation in a 1.11-1.12 range seems likely, ING’s FX strategist Chirs Turner notes.", "This is not a great environment for the Euro, nor for EUR/USD to push above major resistance at 1.12. "
- Eur/usd eases back after misfire in EU PMI figures. According to FXStreet on Monday, 23 September, "Despite intraday weakness, EUR/USD continues to remain overall well-bid, with the pair testing into yearly highs despite an inability to reclaim the 1.1200 handle.", "Tuesday will be a quiet affair on the EUR/USD front; little data is expected from either side of the Atlantic, though Federal Reserve (Fed) Governor Michelle Bowman is expected to make an appearance."
- According to FXStreet on Tuesday, 24 September, "Were it not for the global inflationary environment EUR/USD would look more vulnerable under 1.1100. ", "For the time being, however, we slightly favour this 1.1100-1.1150 range to hold, with the best news for EUR/USD potentially coming with US price data on Friday."
- According to FXStreet on Tuesday, 24 September, "Even if not much remained of yesterday’s EUR-negative shock in the end, the market reaction reminds us that our expectation of rising EUR/USD rates is also based on the euro areanotsliding into a recession. ", "If the situation were to deteriorate significantly, our EUR/USD forecast would be at risk."
- Eur/usd gathers strength to near 1.1200 as risk appetite rebounds. According to FXStreet on Wednesday, 25 September, "The EUR/USD pair extends upside to near 1.1195 on Wednesday during the Asian trading hours. "
More news about EUR/CHF (EURCHF).
