USD/CHF Bearish Momentum With A 3% Drop In The Last 21 Sessions

(VIANEWS) – USD/CHF (USDCHF) has been up by 3.65% for the last 21 sessions. At 16:07 EST on Sunday, 11 August, USD/CHF (USDCHF) is $0.86.

USD/CHF’s yearly highs and lows, it’s 3.649% up from its 52-week low and 6.589% 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).

Previous days news about USD/CHF (USDCHF)

  • Usd/chf trades with modest losses on softer usd, lacks follow-through amid risk-on mood. According to FXStreet on Friday, 9 August, "This, in turn, drags the USD Index (DXY), which tracks the Greenback against a basket of currencies, away from the weekly high touched on Thursday and turns out to be a key factor weighing on the USD/CHF pair. ", "The crucial data will play a key role in influencing the Fed’s future policy decision, which, in turn, should provide some meaningful impetus to the USD and the USD/CHF pair."

More news about USD/CHF (USDCHF).

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