EUR/CHF Down 0 Pips Over Past 4 Hours, Moves Up For the 2nd Day In A Row; is Inching Close to 20 and 50 Day Averages

EUR/CHF 4 Hour Price Update

Updated May 14, 2020 09:05 AM GMT (05:05 AM EST)

The choppiness in the recent four-hour candle price action of EUR/CHF continues; to start the current 4 hour candle, it came in at a price of 1.0516, down 0 pips (0%) since the last 4 hour candle. Compared to its peers in the Forex, EUR/CHF gave its buyers a return that ranked 15th in terms of percentage change since the last 4 hour candle.

EUR/CHF End of Day Recap

Updated 00:30 GMT (04:30 EST)

EUR/CHF is up 1 pips (0.01%) since the previous day (opening today near 1.05179), marking the 2nd day in a row an increase has occurred. Compared to its peers in the Forex, EUR/CHF gave its buyers a return that ranked 24th in terms of percentage change since the previous day. Here is a price chart of EUR/CHF.

EUR/CHF Technical Analysis

Coming into today EUR/CHF is now close to its 20, 50, 100 and 200 day moving averages, which may act as price barrier for the asset. The clearest trend exists on the 90 day timeframe, which shows price moving down over that time. Or to simplify this another way, note that out of the past 10 days EUR/CHF’s price has gone up 5 them. Also, candlestick traders! Note we see pin bar pattern appearing here as well.