USD/CHF Went Down By Over 2% In The Last 21 Sessions

(VIANEWS) – USD/CHF (USDCHF) has been up by 2.57% for the last 21 sessions. At 23:07 EST on Sunday, 10 December, USD/CHF (USDCHF) is $0.88.

USD/CHF’s yearly highs and lows, it’s 2.888% up from its 52-week low and 6.78% down from its 52-week high.

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

  • According to FXStreet on Friday, 8 December, "This, along with a downward revision to Japan’s third-quarter GDP print, assists the USD/JPY pair in attracting some buyers near the 142.50-142.45 region. ", "This is closely followed by the 200-day SMA, currently near the 142.30 region, below which the USD/JPY pair could slide below the 142.00 mark and retest the multi-month trough, around the 141.60 region touched the previous day. "
  • Usd/jpy climbing back into 145.00, clawing back losses after tumble from 147.00. According to FXStreet on Friday, 8 December, "The USD/JPY is back on the rebound for Friday after posting an extreme backslide on Thursday, climbing four-tenths of a percent from the day’s opening bids and looking to pare back losses. ", "Despite the Dollar-positive NFP release, the USD/JPY remains deep in the red for the trading week after the Yen surged in one of its single best trading days in 13 months, fueled by speculation that the BoJ could finally be ending its negative rate regime as the Japanese central bank moves towards tighter monetary policy."

More news about USD/CHF (USDCHF).

Leave a Reply

Your email address will not be published. Required fields are marked *