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USD/CHF Over 2% Down In The Last 21 Sessions

ViaNews Editorial Team

September 5, 2024

USD/CHF Over 2% Down In The Last 21 Sessions

(VIANEWS) - USD/CHF (USDCHF) has been up by 2.5% for the last 21 sessions. At 16:06 EST on Thursday, 5 September, USD/CHF (USDCHF) is $0.84.

USD/CHF's yearly highs and lows, it's 1.405% up from its 52-week low and 8.612% down from its 52-week high.

Volatility

USD/CHF's last week, last month's, and last quarter's current intraday variation average was a positive 0.15%, a negative 0.06%, and a positive 0.37%, respectively.

USD/CHF's highest amplitude of average volatility was 0.35% (last week), 0.41% (last month), and 0.37% (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 overbought (>=80).

News about

  • Eur/usd catches a bullish break, but still trapped below 1.11. According to FXStreet on Wednesday, 4 September, "Despite holding deep in the bull country, EUR/USD still faces a steepening bearish pullback as shorts congregate targets just above the 50-day EMA at 1.0956."
  • According to FXStreet on Thursday, 5 September, "The EUR/USD pair shrugs off these comments, adding 0.16% on the day to test 1.1100, at the press time."
  • According to FXStreet on Tuesday, 3 September, "For now, those like us seeing EUR/USD holding above 1.10 will be happy with some support ahead of key US data later this week. "
  • Eur/usd falls toward 1.1050 as US dollar holds ground ahead of ISM services PMI. According to FXStreet on Thursday, 5 September, "The downside of the EUR/USD pair could be attributed to improved US Dollar (USD) amid rising US Treasury yields."

More news about USD/CHF (USDCHF).

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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