EUR/CHF Went Up By Over 1% In The Last 10 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.29% for the last 10 sessions. At 04:06 EST on Tuesday, 23 January, EUR/CHF (EURCHF) is $0.95.

EUR/CHF’s yearly highs and lows, it’s 4.695% up from its 52-week low and 6.099% 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 0.22%, a negative 0.01%, and a positive 0.25%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.22% (last week), 0.23% (last month), and 0.25% (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

  • According to FXStreet on Tuesday, 23 January, "Furthermore, the recent widening of the US-Japan rate differential undermines the JPY and contributes to limiting the downside for the USD/JPY pair.", "Moreover, oscillators on the daily chart are holding comfortably in the positive territory, suggesting that the path of least resistance for the USD/JPY pair is to the upside. "
  • According to FXStreet on Monday, 22 January, "Scarce volatility in the greenback in combination with the generalized downward bias in US yields sparked the first daily decline in USD/JPY after five consecutive sessions of gains. "
  • According to FXStreet on Monday, 22 January, "The Japanese Yen (JPY) has been on the back foot since March 2022, with the USD/JPY pair soaring to a multi-year high of 151.94 in October 2022. ", "From a technical perspective, Valeria Bednarik, Chief Analyst at FXStreet, notes: "Given expectations of an on-hold BoJ and recent US Dollar strength, USD/JPY could surge following the announcement. "
  • According to FXStreet on Monday, 22 January, "The USD/JPY pair might then aim to conquer the 150.00 psychological mark with some intermediate hurdle near the 149.70-149.75 area.", "The said area could act as a pivotal point, which if broken decisively might prompt aggressive technical selling and drag the USD/JPY pair towards the 147.00 mark en route to the next relevant support near the 146.60-146.55 area."

More news about EUR/CHF (EURCHF).

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