USD/CNH Bearish Momentum With A 1% Drop In The Last 10 Sessions

(VIANEWS) – USD/CNH (USDCNH) has been up by 1.54% for the last 10 sessions. At 04:13 EST on Tuesday, 13 February, USD/CNH (USDCNH) is $7.22.

USD/CNH’s yearly highs and lows, it’s 0.065% up from its 52-week low and 0.079% down from its 52-week high.

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  • According to FXStreet on Monday, 12 February, "This further contributes to the USD/JPY pair’s subdued range-bound price action during the Asian session on Monday. ", "The latter should act as a key pivotal point, which if broken decisively could drag the USD/JPY pair to the 147.00 mark en route to the 146.35 region and the monthly swing low, around the 145.90 zone."
  • Usd/jpy flatlines above 149.30, investors await US CPI data. According to FXStreet on Tuesday, 13 February, "The USD/JPY pair trades on a flat note during the early Asian session on Tuesday. "
  • Usd/jpy analysis: yen selling pressure renewed – 12 February 2024. According to DailyForex on Monday, 12 February, "In the long term, and according to the performance on the daily chart, USD/JPY appears to trade within an upward channel. ", "The price of the USD/JPY pair has now advanced to trade at a few levels above the 100-hour moving average line. "
  • Usd/jpy signal: continues to look bullish overall – 12 February 2024. According to DailyForex on Monday, 12 February, "Support levels for the USD/JPY pair are identified at 147.50, 147.33, and reinforced by the 50-day Exponential Moving Average (EMA). ", "In the USD/JPY market, the dollar initially experienced a decline against the yen on Friday, but indications suggest a reversal to resume upward momentum. "

More news about USD/CNH (USDCNH).

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