(VIANEWS) - EUR/CHF (EURCHF) has been up by 2.09% for the last 21 sessions. At 19:06 EST on Tuesday, 11 June, EUR/CHF (EURCHF) is $0.96.
EUR/CHF's yearly highs and lows, it's 6.777% up from its 52-week low and 2.9% 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
- Eur/usd price analysis: not out of the woods yet, 100/200-day smas breakdown in play. According to FXStreet on Tuesday, 11 June, "The EUR/USD pair edges higher during the Asian session on Tuesday and currently trades around the 1.0765-1.0770 area, albeit lacks strong follow-through buying. ", "This, in turn, favors bearish traders and validates the near-term negative outlook for the EUR/USD pair."
- According to FXStreet on Monday, 10 June, "The Euro fails to find any impetus from the ECB official's comments, keeping EUR/USD 0.38% lower on the day at 1.0758 due to renewed Euro area political tensions."
- According to FXStreet on Monday, 10 June, "Renewed uncertainty over the political scenario in France undermines the Euro, dragging EUR/USD 0.26% lower on the day to trade near 1.0770."
- Eur/usd struggles near three-week low, seems vulnerable below 100-day sma/1.0800. According to FXStreet on Monday, 10 June, "This, in turn, suggests that the path of least resistance for the EUR/USD pair is to the downside, though traders might refrain from placing aggressive directional bets ahead of the crucial FOMC policy decision on Wednesday. ", "This, along with the cautious mood around the equity markets, is seen underpinning the safe-haven US Dollar (USD) and turning out to be a key factor exerting some downward pressure on the EUR/USD pair."
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