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

(VIANEWS) – USD/CHF (USDCHF) has been up by 2.9% for the last 21 sessions. At 06:09 EST on Tuesday, 13 August, USD/CHF (USDCHF) is $0.87.

USD/CHF’s yearly highs and lows, it’s 4.154% up from its 52-week low and 6.134% 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 0.15%, and a positive 0.35%, respectively.

USD/CHF’s highest amplitude of average volatility was 0.42% (last week), 0.45% (last month), and 0.35% (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).

Previous days news about USD/CHF (USDCHF)

  • Usd/chf trades with modest gains above mid-0.8600s, lacks bullish conviction. According to FXStreet on Monday, 12 August, "Apart from this, expectations for bigger interest rate cuts by the Fed might hold back the USD bulls from placing aggressive bets and contribute to capping the upside for the USD/CHF pair. ", "Apart from this, a generally positive tone around the equity markets undermines the safe-haven Swiss Franc (CHF) and lends some support to the USD/CHF pair."
  • Usd/chf rallies over 3.0% since August 5 lows. According to FXStreet on Monday, 12 August, "Falling inflation is likely to weigh on USD/CHF whilst rising inflation could lead to extension of the pair’s recovery."

More news about USD/CHF (USDCHF).

Leave a Reply

Your email address will not be published.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