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EUR/CHF Bearish Momentum With A 2% Drop In The Last 21 Sessions

ViaNews Editorial Team

December 20, 2023

EUR/CHF Bearish Momentum With A 2% Drop In The Last 21 Sessions

(VIANEWS) - EUR/CHF (EURCHF) has been up by 2.03% for the last 21 sessions. At 04:06 EST on Wednesday, 20 December, EUR/CHF (EURCHF) is $0.94.

EUR/CHF's yearly highs and lows, it's 0.479% up from its 52-week low and 6.428% 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 0.05%, a negative 0.09%, and a positive 0.27%, respectively.

EUR/CHF's highest amplitude of average volatility was 0.40% (last week), 0.30% (last month), and 0.27% (last quarter), respectively.

News about

  • Boj preview: any hawkish surprise in communication to push usd/jpy close to the 140 support – ING. According to FXStreet on Monday, 18 December, "Expect any hawkish surprise in communication to push USD/JPY close to the 140 support, whereas an unchanged message can bring the pair back to 145, where we could see selling interest if the Dollar momentum proves soft."
  • According to FXStreet on Monday, 18 December, "That said, some follow-through buying could trigger a short-covering rally and allow the USD/JPY pair to reclaim the 144.00 mark. ", "This, in turn, assists the USD to preserve the previous day's recovery gains and lifts the USD/JPY pair back closer to mid-142.00s during the Asian session on Monday. "
  • Usd/jpy forecast: looks threatened - 18 December 2023. According to DailyForex on Monday, 18 December, "If the USD/JPY exchange rate manages to breach the 200-Day EMA resistance, there is a strong possibility of a significant upward movement. ", "At the end of the day, the fate of the USD/JPY exchange rate remains uncertain as it hovers around the ¥142 level. "
  • Usd/jpy: boj puts the fate of the yen in the hands of the fed or the dollar – commerzbank. According to FXStreet on Tuesday, 19 December, "In other words, in the end, it will never be about Yen strength, but always about Dollar weakness when USD/JPY falls (for example, because Fed rate cut expectations are rising, as is the case now). "

More news about EUR/CHF (EURCHF).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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