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

(VIANEWS) – USD/CHF (USDCHF) has been up by 2.15% for the last 21 sessions. At 17:06 EST on Wednesday, 16 October, USD/CHF (USDCHF) is $0.86.

USD/CHF’s yearly highs and lows, it’s 3.806% up from its 52-week low and 6.235% down from its 52-week high.

Volatility

USD/CHF’s last week, last month’s, and last quarter’s current intraday variation average was 0.11%, 0.11%, and 0.41%, respectively.

USD/CHF’s highest amplitude of average volatility was 0.26% (last week), 0.36% (last month), and 0.41% (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 appreciates to near 0.8600 due to fading likelihood of a bumper fed rate cut. According to FXStreet on Monday, 14 October, "The upside of the USD/CHF pair could be attributed to a solid US Dollar (USD), fueled by expectations that the US Federal Reserve (Fed) will slow the pace of borrowing cost reductions more than previously anticipated."
  • Usd/chf drifts lower amid modest USD pullback, holds above 0.8600 mark. According to FXStreet on Tuesday, 15 October, "The USD/CHF pair struggles to capitalize on the previous day’s strong move up to a nearly two-month high and attracts some intraday sellers during the first half of the European session on Tuesday. ", "Apart from this, the broader risk sentiment might provide some impetus to the USD/CHF pair and allow traders to grab short-term opportunities."

More news about USD/CHF (USDCHF).

Leave a Reply

Your email address will not be published.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