USD/CHF Bullish Momentum: 0.81% Up In The Last 5 Sessions

(VIANEWS) – USD/CHF (USDCHF) has been up by 0.81% for the last 5 sessions. At 08:23 EST on Sunday, 14 May, USD/CHF (USDCHF) is $0.90.

USD/CHF’s yearly highs and lows, it’s 1.848% up from its 52-week low and 11.471% 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 0.19%, a negative 0.09%, and a positive 0.46%, respectively.

USD/CHF’s highest amplitude of average volatility was 0.30% (last week), 0.41% (last month), and 0.46% (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 price analysis: euro bears struggle to justify 1.0970 support break. According to FXStreet on Friday, 12 May, "In addition to the downside break of convergence of the 21-day Exponential Moving Average (EMA) and the bottom line of a one-month-old bullish channel, around 1.0970, the EUR/USD sellers also cheer bearish MACD signals to renew the monthly low on Thursday.", "Should the EUR/USD bears keep the reins past 1.0895, the 38.2% and 50% Fibonacci retracement level of its January-April increase, respectively near 1.0860 and 1.0790, can’t be ruled out."
  • Eur/usd pares weekly loss above 1.0900 amid US debt ceiling woes ahead of inflation cues. According to FXStreet on Friday, 12 May, "Despite the latest corrective bounce, the EUR/USD pair remains well below the 1.0970 resistance confluence comprising the 21-day Exponential Moving Average (EMA) and the bottom line of a one-month-old bullish channel. ", "Also read: EUR/USD Price Analysis: Euro bears struggle to justify 1.0970 support break"
  • Eur/usd forecast: continues to consolidate but has a negative Thursday – 12 May 2023. According to DailyForex on Friday, 12 May, "Volatility in Forex pairs has diminished, and the EUR/USD pair is expected to serve as a reliable gauge for overall movement in the Forex markets. "
  • Eur/usd prints fresh one-month lows near 1.0850. According to FXStreet on Friday, 12 May, "The EUR/USD is falling on Friday, the fourth time in the last five days, extending its weekly losses. "

More news about USD/CHF (USDCHF).

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