EUR/CHF Slides By 1% In The Last 21 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.99% for the last 21 sessions. At 23:06 EST on Wednesday, 26 June, EUR/CHF (EURCHF) is $0.96.

EUR/CHF’s yearly highs and lows, it’s 6.19% up from its 52-week low and 3.434% 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 0.19%, a negative 0.16%, and a positive 0.24%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.19% (last week), 0.29% (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

  • Usd/jpy consolidates near two-month top, remains below 160.00 amid risk of intervention. According to FXStreet on Wednesday, 26 June, "The USD/JPY pair oscillates in a narrow trading range during the Asian session on Wednesday and is currently placed, around the 159.70-159.75 region, or just below a nearly two-month peak touched earlier this week. ", "This marks a big divergence in comparison to the Federal Reserve’s (Fed) hawkish stance and suggests that the path of least resistance for the USD/JPY pair is to the upside."
  • Usd/cnh May follow usd/jpy if it breaks above 160 – societe generale. According to FXStreet on Tuesday, 25 June, "If USD/JPY does break through 160 in the coming days the USD/CNH pair may come along, Chief FX Strategist at Societe Generale Kit Juckes argues.", "If USD/JPY does break through 160 in the coming days, preventing further Yuan weakness would be very difficult indeed."
  • According to FXStreet on Tuesday, 25 June, "The USD/JPY pair remains within touching distance of the 160.00 level that recently pushed Japanese authorities to spend billions of dollars in Yen-buying intervention, per Reuters.", "Surpassing the upper threshold of the ascending channel pattern around 159.90 will reinforce the bullish sentiment, potentially driving the USD/JPY pair toward 160.32, the highest level since April and a major resistance point."
  • Usd/jpy price analysis: subdued at around 159.60 amid intervention threats. According to FXStreet on Tuesday, 25 June, "The USD/JPY is upward biased after climbing above the 159.00 figure, spurring fears that Japanese authorities or the Bank of Japan (BoJ) might intervene in the FX markets.", "If USD/JPY clears the psychological 160.00 mark, the next resistance level would be the year-to-date (YTD) high of 160.32. "

More news about EUR/CHF (EURCHF).

Leave a Reply

Your email address will not be published. Required fields are marked *