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USD/CHF Bullish Momentum With A 2% Jump In The Last 21 Sessions

(VIANEWS) – USD/CHF (USDCHF) has been up by 2.76% for the last 21 sessions. At 03:06 EST on Monday, 4 March, USD/CHF (USDCHF) is $0.88.

USD/CHF’s yearly highs and lows, it’s 5.798% up from its 52-week low and 6.622% down from its 52-week high.

Volatility

USD/CHF’s last week, last month’s, and last quarter’s current intraday variation average was 0.09%, 0.15%, and 0.33%, respectively.

USD/CHF’s highest amplitude of average volatility was 0.24% (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

  • Eur/usd gathers strength around the mid-1.0800s on a softer US dollar. According to FXStreet on Monday, 4 March, "The EUR/USD pair kicks off the new week on a positive note during the early Asian trading hours on Monday. ", "The hawkish remarks from the central bank could lift the Euro (EUR) and act as a headwind for the EUR/USD pair. "
  • Eur/usd price analysis: holds positive ground below the mid-1.0800s, a further upside looks favorable. According to FXStreet on Monday, 4 March, "The EUR/USD pair trades in positive territory below the mid-1.0800s during the early European session on Monday. ", " Technically, EUR/USD maintains the bullish outlook unchanged as the major pair is above the key 100-period Exponential Moving Averages (EMA) on the four-hour timeframe. "

More news about USD/CHF (USDCHF).

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