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USD/CHF Bullish Momentum With A 2% Jump In The Last 21 Sessions

(VIANEWS) – USD/CHF (USDCHF) has been up by 2.7% for the last 21 sessions. At 13:08 EST on Sunday, 11 February, USD/CHF (USDCHF) is $0.87.

USD/CHF’s yearly highs and lows, it’s 4.922% up from its 52-week low and 7.415% down from its 52-week high.

Volatility

USD/CHF’s last week, last month’s, and last quarter’s current intraday variation average was 0.48%, 0.14%, and 0.34%, respectively.

USD/CHF’s highest amplitude of average volatility was 0.55% (last week), 0.35% (last month), and 0.34% (last quarter), respectively.

Forex Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, USD/CHF’s Forex is considered to be oversold (<=20).

News about

  • According to FXStreet on Friday, 9 February, "This further validates the constructive set-up and suggests that the path of least resistance for the USD/JPY pair is to the upside. ", "The US Dollar (USD), on the other hand, stands tall near its highest level in almost three months touched earlier this week and turns out to be another factor acting as a tailwind for the USD/JPY pair."
  • Usd/jpy should have upside potential – commerzbank. According to FXStreet on Friday, 9 February, "As long as such players have yet to capitulate, USD/JPY should have upside potential."
  • Usd/jpy forecast: dollar continues to rise overall against yen – 09 February 2024. According to DailyForex on Friday, 9 February, "From a technical standpoint, the USD/JPY pair may target the 152 yen level in the near term, representing a key resistance level. ", "Overall, the outlook for the USD/JPY pair remains bullish, driven by fundamental factors such as interest rate differentials and monetary policy dynamics. "

More news about USD/CHF (USDCHF).

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