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MarketFX

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

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

(VIANEWS) - EUR/CHF (EURCHF) has been up by 2.39% for the last 21 sessions. At 01:06 EST on Saturday, 2 March, EUR/CHF (EURCHF) is $0.96.

EUR/CHF's yearly highs and lows, it's 6.013% up from its 52-week low and 4.232% 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 negative 0.01%, a positive 0.12%, and a positive 0.24%, respectively.

EUR/CHF's highest amplitude of average volatility was 0.12% (last week), 0.20% (last month), and 0.24% (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 monthly forecast: March 2024. According to DailyForex on Thursday, 29 February, "Technical traders who lean towards bullish momentum in the EUR/USD will want to see durable support start to emerge which offers the hope of a stronger bullish climb.", "If the EUR/USD were to break below the 1.08000 level again and begin to test the 1.07900 to 1.07800 levels, traders may feel emboldened to look for reversals higher. "
  • Eur/usd ticks higher ahead of crucial inflation reports from eurozone and US. According to FXStreet on Thursday, 29 February, "Some follow-through buying beyond the 1.0850 area will reaffirm the constructive outlook and lift the EUR/USD pair to the 1.0900 round figure. ", "That said, acceptance below the said handle could make the EUR/USD pair vulnerable to accelerate the fall back towards retesting sub-1.0700 levels, or a three-month low touched on February 14. "
  • According to FXStreet on Thursday, 29 February, "The EUR/USD pair edged lower with the immediate reaction and was last seen losing 0.12% on the day at 1.0823."
  • Eur/usd needs to regain the upper 1.0800 area to enjoy further gains – scotiabank. According to FXStreet on Thursday, 29 February, "Intraday price moves leave the EUR/USD pair trading more or less mid-way between support at 1.0800 and resistance at 1.0890."

More news about EUR/CHF (EURCHF).

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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.