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USD/CHF Bullish By 1% In The Last 21 Sessions

ViaNews Editorial Team

January 22, 2024

USD/CHF Bullish By 1% In The Last 21 Sessions

(VIANEWS) - USD/CHF (USDCHF) has been up by 1.6% for the last 21 sessions. At 14:07 EST on Monday, 22 January, USD/CHF (USDCHF) is $0.87.

USD/CHF's yearly highs and lows, it's 4.298% up from its 52-week low and 7.966% down from its 52-week high.

Volatility

USD/CHF's last week, last month's, and last quarter's current intraday variation average was 0.43%, 0.05%, and 0.33%, respectively.

USD/CHF's highest amplitude of average volatility was 0.43% (last week), 0.33% (last month), and 0.33% (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 should continue to hover around 148 assuming the boj springs no surprise – ING. According to FXStreet on Monday, 22 January, "Assuming the BoJ springs no surprise, USD/JPY should continue to hover around 148."
  • According to FXStreet on Monday, 22 January, "The USD/JPY pair might then aim to conquer the 150.00 psychological mark with some intermediate hurdle near the 149.70-149.75 area.", "The said area could act as a pivotal point, which if broken decisively might prompt aggressive technical selling and drag the USD/JPY pair towards the 147.00 mark en route to the next relevant support near the 146.60-146.55 area."
  • Usd/jpy to steadily decline towards 135.00 on a 12m horizon– danske bank. According to FXStreet on Monday, 22 January, "The recent rally in the Japanese Yen has reversed with USD/JPY trading nearly four figures higher than at year-end. "
  • According to FXStreet on Monday, 22 January, "Previewing the potential impact of the BoJ event on the pair, "if the BoJ makes it clear that it does not intend to change its expansionary course for the time being - which we believe is likely - USD/JPY could rise a little further," said analysts at Commerzbank."

More news about USD/CHF (USDCHF).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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