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

(VIANEWS) – USD/CHF (USDCHF) has been up by 2.84% for the last 21 sessions. At 13:12 EST on Wednesday, 29 November, USD/CHF (USDCHF) is $0.88.

USD/CHF’s yearly highs and lows, it’s 2.479% up from its 52-week low and 8.172% 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 struggling to remain on-balance for Monday after a test of 0.8800. According to FXStreet on Monday, 27 November, "The USD/CHF has been sticking close to median prices at the 50-hourSimple Moving Average (SMA), though overall momentum in the pair has remained down ever since the pair lost grip of the 0.9100 handle back in early October.", "On the daily charts, the USD/CHF is seeing a further extension of the recent bearish momentum, dropping away from the 200-day SMA just south of the 0.900 major handle, and the 50-day SMA is set for a downside acceleration and the 50- and 200-day SMAs are looking at a bearish crossover in short order."
  • 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. "

More news about USD/CHF (USDCHF).

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