EUR/CHF Went Down By Over 1% In The Last 21 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.92% for the last 21 sessions. At 04:06 EST on Thursday, 20 July, EUR/CHF (EURCHF) is $0.96.

EUR/CHF’s yearly highs and lows, it’s 2.015% up from its 52-week low and 4.734% 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 0.08%, a negative 0.10%, and a positive 0.22%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.22% (last week), 0.18% (last month), and 0.22% (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 overbought (>=80).

News about

  • Usd/jpy clings to mild losses below 139.00, traces sluggish yields ahead of US retail sales. According to FXStreet on Tuesday, 18 July, "Looking ahead, the US Retail Sales for June, expected to rise to 0.5% versus 0.3% prior, will be crucial to watch for clear directions of the USD/JPY pair. ", "A failure to cross the previous support line stretched from late March, around 139.50 by the press time, directs USD/JPY bears toward a convergence of the 100 and 200 SMAs near 137.00."
  • Eur/usd will rise to 1.18 and usd/jpy will fall to 123 by end-2024 – BNP paribas. According to FXStreet on Tuesday, 18 July, "Economists at BNP Paribas believe that the USD is in the early stages of a structural decline and expect EUR/USD to rise to 1.18 and USD/JPY to drop to 123 by end-2024.", "We forecast that EUR/USD will rise to 1.18 and USD/JPY will fall to 123 by the end of 2024."
  • Usd/jpy justifies risk-barometer status above 139.00, ignores softer yields, fed bias. According to FXStreet on Wednesday, 19 July, "A daily closing beyond the four-month-old support-turned-resistance, around 139.60 by the press time, becomes necessary for the USD/JPY bulls to retake control.", "However, the US 10-year and two-year Treasury bond yields stay pressured at 3.76% and 4.74% by the press time and prod the USD/JPY bulls of late."
  • Usd/jpy technical analysis: attempts to compensate for loss – 18 July 2023. According to DailyForex on Tuesday, 18 July, "The shrinking interest rate gap between the US and Japan may not be enough to bring down the USD/JPY exchange rate as easily as it has risen. ", "As such, it is not surprising that the USD/JPY exchange rate rose to 150 in the latter part of 2022 after trading below 110 just a year later. "
  • Usd/jpy steadily climbs closer to 139.00 mark, upside potential seems limited. According to FXStreet on Tuesday, 18 July, "Apart from this, worries about a global economic downturn, fueled by weaker Chinese GDP print on Monday – should limit losses for the safe-haven JPY and contribute to capping gains for the USD/JPY pair. ", "The USD/JPY pair attracts some buying during the Asian session on Tuesday and steadily climbs back closer to the 139.00 mark, albeit lacks follow-through and remains confined well within the previous day’s broader trading range."

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