(VIANEWS) – EUR/CHF (EURCHF) is currently on bearish momentum. At 11:06 EST on Wednesday, 18 May, EUR/CHF (EURCHF) is at 1.0395, 0.7723% down since the last session’s close.

EUR/CHF (EURCHF) Range

Regarding EUR/CHF’s daily highs and lows, it’s 0.754% down from its trailing 24 hours low of $1.05 and 0.877% down from its trailing 24 hours high of $1.05.

EUR/CHF’s yearly highs and lows, it’s 4.211% up from its 52-week low and 5.74% down from its 52-week high.

Volatility

EUR/CHF’s last week, last month’s, and last quarter’s current intraday variation average was 0.01%, 0.15%, and 0.41%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.29% (last week), 0.32% (last month), and 0.41% (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).

Last news about EUR/CHF (EURCHF)

  • Eur/usd: the likelihood of eur/usd following eur/chf and usd/chf to parity is increasing – MUFG. According to FXStreet on Monday, 16 May, "A more prolonged conflict and increasing risk of greater energy supply disruption for European economies are increasing the risk of EUR/USD following EUR/CHF and USD/CHF in hitting parity this year."

News about EUR/USD

  • Eur/usd fades bounce off five-year low around 1.0400, EC growth forecasts eyed. According to FXStreet on Monday, 16 May, "Furthermore, the ECB policymakers’ July rate hike chatters also underpinned the Euro strength and helped EUR/USD to rebound from the multi-month low.", "Meanwhile, the 1.0350-40 support zone, comprising the recent low and the year 2017 bottom, puts a strong floor under the EUR/USD prices."
  • Eur/usd: clear break of the 2017 low at 1.0341 to make parity a realistic target – rabobank. According to FXStreet on Monday, 16 May, "Economists at Rabobank see risk of EUR/USD at 1.03 on a one-month and three-month view. ", "We recently revised higher our forecast for the USD across the board and lowered our one and three-month targets for EUR/USD to 1.03."
  • Eur/usd set to reach parity in the coming months – danske bank. According to FXStreet on Monday, 16 May, "The key risk to shift EUR/USD towards 1.15 is seeing global inflation pressures fade and industrial production increase. ", "Economists at Danske Bank lower their current forecast on EUR/USD to 1.00 in 12M."
  • Eur/usd: the likelihood of eur/usd following eur/chf and usd/chf to parity is increasing – MUFG. According to FXStreet on Monday, 16 May, "The probability of EUR/USD touching parity has increased, in the view of economists at MUFG Bank.", "A more prolonged conflict and increasing risk of greater energy supply disruption for European economies are increasing the risk of EUR/USD following EUR/CHF and USD/CHF in hitting parity this year."

More news about EUR/CHF (EURCHF).

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