EUR/CHF Up 3 Pips Over Past 4 Hours; Nears 20 and 50 Day Moving Averages
Relative to other instruments in the forex asset class, eur/chf ranked 24th the previous day in terms of percentage price change.
EURCHF
(Last Updated April 8, 2020)
Welcome to the news page for EURCHF. Below you’ll find our daily market updates. Here’s a summary of where things currently stand:
The Latest News On Trends by Moving Averages
Here is what the moving averages are indicating about the trend in the rate of EURCHF:
20 Day Moving Average Direction: bearish
50 Day Moving Average Direction: bearish
100 Day Moving Average Direction: bearish
200 Day Moving Average Direction: bearish
How the Current EURCHF Rate Fares Relative to the Past Year?
The exchange rate for EURCHF closed yesterday at 1.0562. That means that relative to the past year, the rate of EURCHF is now closer to its 52 week low (1.05222) than its 52 week high (currently at 1.12502).To dig deeper and get the latest news on EURCHF, try the links below. You can also visit the MarketWatch or Investing.com pages on EURCHF for more news as well.
EUR/CHF Down 2 Pips On 4 Hour Chart, in a Downtrend Over Past 90 Days; Eyes 20 and 50 Day Averages
The clearest trend exists on the 90 day timeframe, which shows price moving down over that time.
EUR/CHF Up 6 Pips in Last 4 Hours, in a Downtrend Over Past 14 Days; Eyes 20 and 50 Day Averages
The clearest trend exists on the 14 day timeframe, which shows price moving down over that time.
EUR/CHF Down 4 Pips in Last 4 Hours, 3 Day Down Streak Snapped; Eyes 20 and 50 Day Averages
As for the rationale, technical traders seem to be citing the appearance of a trendline technical pattern.
EUR/CHF Up 2 Pips Over Past 4 Hours, 2 Day Down Streak Broken; in a Downtrend Over Past 90 Days
Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving down.
EUR/CHF Up 2 Pips in Last 4 Hours, Came Into Today Up For the 3rd Day In A Row; Pin Bar Pattern Appearing on Chart
For additional context, note that price has gone down 16 out of the past 30 days.
EUR/CHF Down 13 Pips in Last 4 Hours, Moves Up For the 2nd Day In A Row; in an Uptrend Over Past 14 Days
As for the rationale, technical traders seem to be citing the appearance of a channel technical pattern.
EUR/CHF Up 4 Pips On 4 Hour Chart, in a Downtrend Over Past 90 Days; Doji and Pin Bar Patterns Appearing on Chart
The clearest trend exists on the 90 day timeframe, which shows price moving down over that time.
EUR/CHF Up 3 Pips in Last 4 Hours, Breaks Above 50 Day Average; in a Downtrend Over Past 90 Days
Relative to other instruments in the forex asset class, eur/chf ranked 17th yesterday in terms of percentage price change.
EUR/CHF Down 9 Pips in Last 4 Hours, in a Downtrend Over Past 90 Days; Nears 20 and 50 Day Moving Averages
And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well.