USD/CHF Bearish Momentum With A 2% Fall In The Last 21 Sessions

(VIANEWS) – USD/CHF (USDCHF) has been up by 2.27% for the last 21 sessions. At 04:06 EST on Thursday, 5 September, USD/CHF (USDCHF) is $0.85.

USD/CHF’s yearly highs and lows, it’s 1.645% up from its 52-week low and 8.396% 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

  • According to FXStreet on Tuesday, 3 September, "In terms of support, the USD/JPY pair might first test the nine-day Exponential Moving Average (EMA) at around 145.91. ", "On the upside, the USD/JPY pair may test the immediate barrier at the 21-day EMA at 146.97. "
  • Usd/jpy price forecast: tumbles on hawkish boj tone, firm below 146.00. According to FXStreet on Tuesday, 3 September, "The USD/JPY dropped late in the North American session, registering losses of over 0.80% or more than 100 pips. ", "From a technical standpoint, the USD/JPY is downward biased, forming a ‘bearish engulfing’ chart pattern. "
  • According to FXStreet on Wednesday, 4 September, "For the USD/JPY pair, support may be found around the seven-month low of 141.69, recorded on August 5, with the next key support level near 140.25."
  • According to FXStreet on Wednesday, 4 September, "Extra appreciation of the Japanese Yen, lower yields, and the marked pullback in the US Dollar all helped USD/JPY retest the 144.00 region, adding to Tuesday’s decline. "
  • Usd/jpy price forecast: plunges below 144.00 as downtrend resumes. According to FXStreet on Wednesday, 4 September, "The USD/JPY collapsed late during the North American session and fell below 144.00 for the first time since last Wednesday. ", "The USD/JPY resumed its downtrend after registering a leg-up from 143.44 (August 26) to 147.21 (September 3 high), sinking following the US data release, as momentum turned bearish."

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