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

(VIANEWS) – USD/CHF (USDCHF) has been up by 2.42% for the last 21 sessions. At 11:06 EST on Sunday, 5 March, USD/CHF (USDCHF) is $0.94.

USD/CHF’s yearly highs and lows, it’s 3.223% up from its 52-week low and 7.825% down from its 52-week high.

Volatility

USD/CHF’s last week, last month’s, and last quarter’s current intraday variation average was 0.23%, 0.02%, and 0.44%, respectively.

USD/CHF’s highest amplitude of average volatility was 0.35% (last week), 0.49% (last month), and 0.44% (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: upside potential, 1.12 by end-2023 and 1.16 by end-2024 – ABN amro. According to FXStreet on Friday, 3 March, "Economists at ABN Amro believe that the EUR/USD pair is set to advance nicely over the coming months.", "Our forecast for the end of 2023 for EUR/USD is 1.12 and to 1.16 end of 2024."
  • Eur/usd aims to shift business above 1.0600 amid subdued USD index, US services PMI eyed. According to FXStreet on Friday, 3 March, "The EUR/USD pair has scaled above the round-level resistance of 1.0600 in the Asian session after a recovery move. "
  • Eur/usd could stage a modest recovery in the coming few weeks – HSBC. According to FXStreet on Friday, 3 March, "Barring exceptionally hawkish US data or geopolitical deterioration, we believe EUR/USD could stage a modest recovery in the coming few weeks."
  • Eur/usd pares weekly gains around 1.0600 as ecb, fed officials back higher rates to tame inflation. According to FXStreet on Friday, 3 March, "Looking ahead, EUR/USD traders should pay attention to the second-readings of the Eurozone and German activity numbers ahead of the US ISM Services PMI for February, expected 54.5 versus 55.2. "

More news about USD/CHF (USDCHF).

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