(VIANEWS) – EUR/CHF (EURCHF) has been up by 2.92% for the last 21 sessions. At 03:07 EST on Friday, 2 August, EUR/CHF (EURCHF) is $0.94.
EUR/CHF’s yearly highs and lows, it’s 4.153% up from its 52-week low and 5.287% 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 0.28%, a negative 0.12%, and a positive 0.27%, respectively.
EUR/CHF’s highest amplitude of average volatility was 0.45% (last week), 0.29% (last month), and 0.27% (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
- Eur/usd price analysis: holds below 1.0850, the path of least resistance is to the downside. According to FXStreet on Wednesday, 31 July, "The EUR/USD pair trades on a stronger note around 1.0825, snapping the two-day losing streak during the Asian session on Wednesday. ", " Technically, the bearish outlook for EUR/USD remains in play as the major pair holds below the key 100-period Exponential Moving Average (EMA) on the 4-hour chart. "
- According to FXStreet on Friday, 2 August, "The Fed’s dovish outlook fuelled a US Dollar (USD) correction across the board while the benchmark 10-year US Treasury bond yields attacked the key 4.0% level, lifting the EUR/USD pair back on the 1.0800 threshold. ", "The EUR/USD pair faced stiff resistance at the 21-day Simple Moving Average (SMA), aligned at 1.0856 and returned to negative territory. "
- According to FXStreet on Thursday, 1 August, "That pricing seems far too aggressive in our view and instead, we think two-year EUR swap differentials will narrow further and provide EUR/USD with a little support.", "It therefore looks like EUR/USD can stay supported in a 1.0790-1.0850 range for the time being, andits best hope will be some much softer than expected US data."
- According to FXStreet on Thursday, 1 August, "The Fiber’s downside performance sent the pair tumbling below the 200-day Exponential Moving Average (EMA) at 1.0805, and dragged bids back under the 1.0800 handle as a bearish turnaround in EUR/USD grows its legs, sinking the Euro into a -1.56% decline against the Greenback."
- Eur/usd price analysis: tests the lower boundary of the descending channel around 1.0800. According to FXStreet on Friday, 2 August, "Additionally, the 14-day Relative Strength Index (RSI), a momentum indicator, remains below the 50 level, confirming the bearish sentiment for the EUR/USD pair. ", "On the downside, a break below the lower boundary of the descending channel around the level of 1.0800 could reinforce the bearish sentiment and exert pressure on the EUR/USD pair to navigate the region around the key level of 1.0670, potentially serving as a throwback support level."
More news about EUR/CHF (EURCHF).
