(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.77% for the last 10 sessions. At 21:06 EST on Tuesday, 2 July, EUR/CHF (EURCHF) is $0.97.
EUR/CHF’s yearly highs and lows, it’s 7.564% up from its 52-week low and 2.185% 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 0.25%, a negative 0.04%, and a positive 0.24%, respectively.
EUR/CHF’s highest amplitude of average volatility was 0.28% (last week), 0.28% (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 price analysis: bulls await move beyond 50% fibo. hurdle, around 1.0755-60 area. According to FXStreet on Monday, 1 July, "This, in turn, provides a goodish lift to the shared currency, which, along with some follow-through US Dollar (USD) selling, fueled by rising bets for a September rate cut by the Federal Reserve (Fed), acts as a tailwind for the EUR/USD pair.", "Failure to defend the said support levels might expose last week’s swing low, around the 1.0665 area, below which the EUR/USD pair is more likely to prolong its recent well-established downtrend witnessed over the past four weeks or so."
- Eur/usd rises to near 1.0750 due to heightened expectations of the fed’s rate cuts. According to FXStreet on Monday, 1 July, "Speculation that the US Federal Reserve (Fed) might cut interest rates in 2024 is weighing on the US Dollar (USD), supporting the EUR/USD pair."
- Eur/usd price analysis: hovers around 1.0750 within the consolidative range. According to FXStreet on Tuesday, 2 July, "The EUR/USD pair may test the lower level of the range at 1.0670, which also acts as a throwback support. ", "On the upside, the EUR/USD pair may encounter resistance at the 50-day Exponential Moving Average (EMA) situated at 1.0769. "
More news about EUR/CHF (EURCHF).
