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USD/CHF Bearish By 3% In The Last 21 Sessions

(VIANEWS) – USD/CHF (USDCHF) has been up by 3.06% for the last 21 sessions. At 23:09 EST on Thursday, 8 August, USD/CHF (USDCHF) is $0.87.

USD/CHF’s yearly highs and lows, it’s 4.034% up from its 52-week low and 6.243% 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 0.10%, a negative 0.14%, and a positive 0.35%, respectively.

USD/CHF’s highest amplitude of average volatility was 0.81% (last week), 0.44% (last month), and 0.35% (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 Thursday, 8 August, "However, the USD/JPY pair received support following thecomments from Bank of Japan (BoJ) Deputy Governor Shinichi Uchida, who said on Wednesday, "We won’t raise rates when markets are unstable," according to Reuters.", "In terms of resistance, the USD/JPY pair tests the upper boundary of the descending channel, aligned with the nine-day Exponential Moving Average (EMA) around the 148.15 level. "
  • According to FXStreet on Wednesday, 7 August, "In terms of resistance, the USD/JPY pair might face a barrier at the nine-day Exponential Moving Average (EMA) around 149.22. ", "The upside potential for the USD/JPY pair may be limited as the US Dollar faces challenges, with markets anticipating a more substantial rate cut beginning in September. "
  • According to FXStreet on Wednesday, 7 August, "The Japanese Yen trims gains following these above comments, as USD/JPY reverses sharply from near 148.00 toward 147.00. "
  • According to FXStreet on Wednesday, 7 August, "The USD/JPY pair saw a significant 2% surge throughout the day, contributing to the DXY index’s hold above the 103.00 point. "
  • Usd/jpy price forecast: soars over 1.50% on boj dovish stance. According to FXStreet on Wednesday, 7 August, "The USD/JPY soared late in the North American session, up by more than 1.50% or 240 plus pips, after a Bank of Japan official stated that they would not raise rates in an unstable market environment. ", "If USD/JPY extends its gains past the 148.00 figure, this could exacerbate a test of the Tenkan-Sen at 148.45. "

More news about USD/CHF (USDCHF).

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