(VIANEWS) - EUR/CHF (EURCHF) has been up by 2.27% for the last 21 sessions. At 10:06 EST on Friday, 12 July, EUR/CHF (EURCHF) is $0.97.
EUR/CHF's yearly highs and lows, it's 7.951% up from its 52-week low and 1.833% 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 oversold (<=20).
News about
- According to FXStreet on Thursday, 11 July, "Once EUR/USD clears this level, it could face next resistance at 1.0900-1.0915 (psychological level, June 4 high) before targeting 1.1000. ", "Eren Sengezer, European Session Lead Analyst at FXStreet, offers a brief technical outlook for EUR/USD and explains: "EUR/USD holds above the 100-day and the 200-day Simple Moving Averages (SMA) following the pullback seen earlier in the week, reflecting sellers' hesitancy. "
- Eur/usd: still faces downside risks – ING. According to FXStreet on Wednesday, 10 July, "We believe any US-macro-driven rally close to 1.10 will offer opportunities for strategic EUR/USD selling this summer."
- Eur/usd price analysis: the first upside barrier emerges near 1.0850. According to FXStreet on Wednesday, 10 July, " The immediate resistance level for EUR/USD will emerge at 1.0843, the upper boundary of the Bollinger Band. "
- Eur/usd price analysis: descending trend line resistance to cap gains ahead of US CPI. According to FXStreet on Thursday, 11 July, "This should help limit the downside for the EUR/USD pair near the 1.0755-1.0750 horizontal zone. ", "Some follow-through buying beyond the 1.0900 mark will reaffirm the constructive outlook and lift the EUR/USD pair to the next relevant resistance near the 1.0960-1.0965 region. "
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