(VIANEWS) – USD/CNH (USDCNH) has been up by 1.11% for the last 10 sessions. At 07:47 EST on Monday, 1 May, USD/CNH (USDCNH) is $6.95.
USD/CNH’s yearly highs and lows, it’s 0.303% up from its 52-week low and 0.065% 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 drops towards 1.1000 as ECB hawks retreat, first bank roils the mood, US nfp, fed eyed. According to FXStreet on Monday, 1 May, "Moving on, holidays in multiple European markets on Monday may restrict EUR/USD moves even as the US ISM Manufacturing PMI is up for release. ", "The overbought RSI (14) line joins the EUR/USD pair’s repeated failure to provide a daily closing beyond 1.1050 to lure the sellers. "
- Eur/usd drops towards 1.1000 as ECB hawks retreat, first bank roils the mood, US nfp, fed eyed. According to FXStreet on Monday, 1 May, "Moving on, holidays in multiple European markets on Monday may restrict EUR/USD moves even as the US ISM Manufacturing PMI is up for release. ", "The overbought RSI (14) line joins the EUR/USD pair’s repeated failure to provide a daily closing beyond 1.1050 to lure the sellers. "
- Eur/usd price analysis: bears eye 1.0960 as US dollar cheers pre fed, ECB anxiety. According to FXStreet on Monday, 1 May, "However, a two-week-long ascending trend line near 1.0945 could challenge the EUR/USD bears afterward.", "Given the Euro pair’s failure to defend the previous week’s bounce off short-term horizontal support, coupled with the recently impending bearish signals from the MACD indicator, the EUR/USD sellers are likely to keep the reins."
- Eur/usd gauges cushion around 1.1000 as investors anticipate bumper rate hike from ECB. According to FXStreet on Monday, 1 May, "The EUR/USD pair has found an intermediate cushion after a steep correction to near the psychological support of 1.1000. "
- Eur/usd forex signal: to consolidate as focus shifts to ecb, fed decisions – 01 May 2023. According to DailyForex on Monday, 1 May, "The EUR/USD exchange rate moved sideways on Monday morning ahead of the important interest rate decisions by the Federal Reserve and the European Central Bank (ECB). ", "The most important catalysts for the EUR/USD will be the upcoming interest rate decisions by the Fed and the European Central Bank. "
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