(VIANEWS) – USD/CHF fell in Asia trading hours Tuesday. Although the pair opened higher, it could not maintain its momentum.
USD/CHF (USDCHF) is currently on bearish momentum. At 11:07 EST on Tuesday, 27 July, USD/CHF (USDCHF) is at 0.9139, 0.92% down since the last session’s close.
USD/CHF (USDCHF) Range
Regarding USD/CHF’s daily highs and lows, it’s 0.098% down from its trailing 7 days low of $0.91 and 0.836% down from its trailing 7 days high of $0.92.
USD/CHF’s yearly highs and lows, it’s 4.386% up from its 52-week low and 3.505% down from its 52-week high.
USD/CHF’s last week, last month’s, and last quarter’s current volatility was a positive 0.04%, a negative 0.04%, and a positive 0.51%, respectively.
USD/CHF’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.19% (last week), 0.35% (last month), and 0.51% (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 overbought (>=80).
Last news about USD/CHF (USDCHF)
Usd/chf consolidates in a range below 0.9200 mark. According to FXStreet on Monday, 26 July, “This, in turn, kept the US dollar bulls on the defensive and collaborated to cap the upside for the USD/CHF pair. “, “This was evident from a generally weaker tone around the equity markets, which benefitted the safe-haven Swiss franc and acted as a headwind for the USD/CHF pair.”
Usd/chf price analysis: bears take in control below 0.9150. According to FXStreet on Tuesday, 27 July, “Alternatively, if the pair reverses direction, the first target for USD/CHF bulls could be the 0.9175 horizontal resistance level.”, “A daily close below 0.9100 would prompt USD/CHF bears to retest the low of June 17 at 0.9075.”
Usd/chf clings to gains near 0.9170-75 area amid notable USD strength. According to FXStreet on Tuesday, 27 July, “Following the previous day’s rejection slide from the 0.9200 mark, the USD/CHF pair caught some fresh bids on Tuesday and was supported by resurgent US dollar demand. “, “Apart from this, the risk-off impulse in the markets benefitted the safe-haven Swiss franc and further collaborated towards capping any meaningful upside for the USD/CHF pair, at least for now.”
News about EUR/USD
Eur/usd stays sluggish around 1.1800, US durable goods orders eyed. According to FXStreet on Tuesday, 27 July, “Looking forward, US CB Consumer Confidence, Housing Price Index and Durable Goods Orders will be the key for EUR/USD traders ahead of Wednesday’s Federal Open Market Committee (FOMC) meeting. “, “Despite struggling of late, a clear break of a monthly resistance line, now support, keeps EUR/USD bulls hopeful until the quote stays beyond 1.1790. ”
Eur/usd on a firmer footing, approaches 1.1800. According to FXStreet on Monday, 26 July, “After two consecutive daily pullbacks, EUR/USD now regains the smile and looks to retake the area further north of the 1.1800 mark in a context favourable to the risk-associated universe.”, “The downward path in EUR/USD appears unabated so far, although the mid-1.1700s offer quite a decent support for the time being. ”
Eur/usd holds gains above 1.1750 amid risk on mood, USD slips. According to FXStreet on Monday, 26 July, “At the time of writing, the EUR/USD pair is trading at 1.1772, up 0.01% for the day.”
More news about USD/CHF (USDCHF).