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

(VIANEWS) – USD/CHF (USDCHF) has been up by 2.23% for the last 21 sessions. At 09:06 EST on Tuesday, 10 September, USD/CHF (USDCHF) is $0.85.

USD/CHF’s yearly highs and lows, it’s 1.573% up from its 52-week low and 8.46% 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 negative 0.03%, a negative 0.09%, and a positive 0.36%, respectively.

USD/CHF’s highest amplitude of average volatility was 0.28% (last week), 0.37% (last month), and 0.36% (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

  • Usd/jpy rises to near 143.00 following lower-than-expected Japan GDP data. According to FXStreet on Monday, 9 September, "The USD/JPY pair’s recovery can be partly attributed to lower-than-expected Gross Domestic Product (GDP) data from Japan. "
  • Usd/jpy strengthens further beyond 143.00, hits fresh daily peak amid modest USD strength. According to FXStreet on Monday, 9 September, "Hence, it will be prudent to wait for strong follow-through buying beyond the 143.75-143.80 horizontal support breakpoint before confirming that the USD/JPY pair’s recent downfall has run its course and positioning for any further appreciating move.", "The Japanese Yen (JPY) is pressured by a downward revision of the second quarter Gross Domestic Product (GDP) print, which, in turn, is seen as a key factor acting as a tailwind for the USD/JPY pair. "
  • Usd/jpy steadily climbs back closer to mid-143.00s, upside potential seems limited. According to FXStreet on Tuesday, 10 September, "This might hold back bullish traders from placing aggressive bets around the USD/JPY pair and cap gains.", "Apart from this, a generally positive risk tone around the equity markets dents demand for the safe-haven JPY and acts as a tailwind for the USD/JPY pair amid some follow-through US Dollar (USD) buying interest."
  • Usd/jpy price forecast: sticks to modest gains near mid-143.00s, not out of the woods yet. According to FXStreet on Tuesday, 10 September, "In the meantime, a downward revision of the second quarter Gross Domestic Product (GDP) print continues to undermine the Japanese Yen (JPY) and acts as a tailwind for the USD/JPY pair amid a modest US Dollar (USD) uptick. ", "That said, some follow-through buying could trigger a short-covering rally and lift the USD/JPY pair to the next relevant hurdle around the 144.55 region. "
  • Usd/jpy steadies above YTD low as US inflation takes centre stage. According to FXStreet on Tuesday, 10 September, "The USD/JPY pair steadies near 143.00 in Tuesday’s European session, holding gains generated after rebounding from the Year-to-date (YTD) low of 141.70 on Monday. "

More news about USD/CHF (USDCHF).

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