(VIANEWS) – USD/CNH (USDCNH) has been up by 0.87% for the last 5 sessions. At 19:07 EST on Tuesday, 25 April, USD/CNH (USDCNH) is $6.94.
USD/CNH’s yearly highs and lows, it’s 0.016% up from its 52-week low and 0.032% down from its 52-week high.
Forex Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, USD/CNH’s Forex is considered to be oversold (<=20).
News about
- Eur/usd faces barricades above 1.1060, upside looks likely ahead of US GDP. According to FXStreet on Tuesday, 25 April, "The EUR/USD pair has faced some selling pressure after climbing above 1.1060 in the Asian session. "
- Eur/usd fails to kiss 1.1000 as USD index attempts recovery, US durable goods orders in focus. According to FXStreet on Monday, 24 April, "The EUR/USD pair has failed to test the psychological resistance of 1.1000 in the Tokyo session. "
- Eur/usd price analysis: drops toward 1.1000 amid overbought RSI. According to FXStreet on Tuesday, 25 April, "Overall, EUR/USD pair is likely to decline in the short term but the bullish trend remains intact unless the quote stays beyond 1.0930.", "With this, the EUR/USD sellers are well set to test a two-week-old horizontal support zone of around 1.1000."
- Eur/usd forecast: continues to pressure the upside – 25 April 2023. According to DailyForex on Tuesday, 25 April, "The EUR/USD has been trading in a tight range against the US dollar (USD) in recent sessions, with the psychologically important 1.10 level acting as a key resistance level. ", "If the EUR/USD pair manages to break above the recent high, it could continue to grind upward toward the 1.1250 level and possibly even the 1.15 level. "
- Eur/usd eyes YTD high as US dollar weakens on lower US treasury yields. According to FXStreet on Monday, 24 April, "Data-wise, Germany’s IFO Business Climate Conditions and Expectations improved compared to March’s figures, spurring a jump in the EUR/USD pair towards the 1.1000 area."
More news about USD/CNH (USDCNH).
