(VIANEWS) – USD/CNH (USDCNH) has been up by 0.97% for the last 10 sessions. At 08:06 EST on Tuesday, 2 May, USD/CNH (USDCNH) is $6.95.
USD/CNH’s yearly highs and lows, it’s 0.107% up from its 52-week low and 0.24% 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
- Usd/jpy price analysis: surges past 137.00, with buyers eyeing a new YTD high around 138.00. According to FXStreet on Monday, 1 May, "Additionally, the USD/JPY left behind the 200-day EMA at 133.79, cheered by buyers, who remain hopeful of lifting prices towards the last year’s high at 151.94.", "Once cleared, the USD/JPY following support would be the April 28 high at 136.56. "
- Usd/jpy stalls intraday positive move near 200 dma, still well bid above mid-136.00s. According to FXStreet on Monday, 1 May, "The USD/JPY pair builds on Friday’s blowout rally and gains strong follow-through traction on the first day of a new week. ", "Furthermore, worries about economic headwinds stemming from rising borrowing costs could lend some support to the safe-haven JPY and contribute to keeping a lid on the USD/JPY pair, at least for the time being. "
- Usd/jpy extends boj-inspired rally to refresh seven-week top near 137.00 despite sluggish yields. According to FXStreet on Monday, 1 May, "That said, the BoJ dropped its forward guidance for interest rates and launched a review of its policies that will take more than a year, which in turn might have also fuelled the USD/JPY prices of late.", "Moving on, a light calendar on Monday and holidays in multiple markets, together with a technical breakout, may allow the USD/JPY bulls to keep the reins with eyes on the US ISM Manufacturing PMI for April for intraday directions."
- Breaking: usd/jpy rallies sharply to fresh highs, eyes on 137.00. According to FXStreet on Monday, 1 May, "There was a positive tone to markets on Friday The S&P 500 was up 0.8% and the Nikkei has rallied in the open and USD/JPY has followed suit, rising 0.34% so far to fresh highs for April of 136.77."
More news about USD/CNH (USDCNH).
