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USD/CHF Bearish Momentum With A 3% Drop In The Last 21 Sessions

(VIANEWS) – USD/CHF (USDCHF) has been up by 3.8% for the last 21 sessions. At 15:13 EST on Thursday, 30 November, USD/CHF (USDCHF) is $0.88.

USD/CHF’s yearly highs and lows, it’s 2.327% up from its 52-week low and 7.484% down from its 52-week high.

Forex Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, USD/CHF’s Forex is considered to be overbought (>=80).

Previous days news about USD/CHF (USDCHF)

  • Usd/chf attempts to rebound from three-month lows, trades above 0.8800. According to FXStreet on Tuesday, 28 November, "The USD/CHF pair struggles to halt the losses due to the weaker US Dollar (USD) following the likelihood of the US Federal Reserve (Fed) to conclude its monetary rate hike cycle. "
  • Usd/chf approaches multi-month lows after US GDP revisions, fed begie book. According to FXStreet on Wednesday, 29 November, "The USD/CHF pair has seen further losses in Wednesday’s session, currently trading around 0.8730, its lowest since August. "

More news about USD/CHF (USDCHF).

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