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

(VIANEWS) – USD/CHF (USDCHF) has been up by 1.74% for the last 21 sessions. At 16:08 EST on Tuesday, 23 January, USD/CHF (USDCHF) is $0.87.

USD/CHF’s yearly highs and lows, it’s 4.514% up from its 52-week low and 7.775% down from its 52-week high.

Volatility

USD/CHF’s last week, last month’s, and last quarter’s current intraday variation average was 0.37%, 0.05%, and 0.33%, respectively.

USD/CHF’s highest amplitude of average volatility was 0.37% (last week), 0.31% (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

  • Eur/usd slightly dips below 1.0900 ahead of ecb’s decision. According to FXStreet on Monday, 22 January, "Although the EUR/USD headed south, it found support at the 200-day moving average (DMA) for two consecutive days in January 17 and 18, forming a ‘tweezers bottom’ chart pattern, that could open the door for further upside. "
  • Eur/usd price analysis: hovers above 1.0900 followed by the 23.6% fibonacci level. According to FXStreet on Monday, 22 January, "If the EUR/USD pair surpasses the latter, it could approach the major level at 1.0950 followed by the 38.2% Fibonacci retracement level at 1.0957.", "Additionally, the trend-following momentum indicator suggests a confirmation of the bearish trend in the EUR/USD pair as the "Moving Average Convergence Divergence (MACD)" line lies below the centreline and shows a divergence below the signal line."
  • Eur/usd lacks any firm near-term direction, oscillates in a range below 1.0900. According to FXStreet on Tuesday, 23 January, "This, along with the mixed fundamental backdrop, should help limit the downside for the EUR/USD pair ahead of this week’s key central bank event risk and important macro data. ", "Hence, the market focus will remain glued to the ECB monetary policy meeting on Thursday, which will play a key role in influencing the shared currency and provide some meaningful impetus to the EUR/USD pair."
  • Eur/usd set to trade out something like a 1.0850-1.0960 range near term – ING. According to FXStreet on Monday, 22 January, "Our baseline view sees EUR/USD hanging around these 1.0900 levels as the ECB tries to re-position for a data-dependent approach for future policy."

More news about USD/CHF (USDCHF).

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