(VIANEWS) – USD/CNH (USDCNH) has been up by 0.86% for the last 5 sessions. At 18:07 EST on Thursday, 16 November, USD/CNH (USDCNH) is $7.25.
USD/CNH’s yearly highs and lows, it’s 0.035% up from its 52-week low and 0.294% down from its 52-week high.
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- Usd/jpy steadily climbs to 150.75-80 area, fresh daily high after weaker Japanese GDP. According to FXStreet on Wednesday, 15 November, "This led to the overnight sharp decline in the US Treasury bond yields, which might hold back the USD bulls from placing aggressive bets and keep a lid on any meaningful appreciating move for the USD/JPY pair. ", "The USD/JPY pair regains positive traction during the Asian session on Wednesday and reverses a part of the previous day’s heavy losses to the 150.15 area, or a one-week low. "
- Usd/jpy technical analysis: amid stability around the highest level in A year – 14 November 2023. According to DailyForex on Tuesday, 14 November, "Therefore, if an event occurs that will change the trend of the USD/JPY currency pair to a strong bearish direction in a very short time, wherever, we do not prefer to buy with a risk from those peaks. ", "Therefore, the FAST FX pattern triggered another sell trade for USD/JPY with a stop loss of -1.01% and a take profit level of 147.4537."
- Usd/jpy pushing for 152.00 on thin but foamy Monday. According to FXStreet on Tuesday, 14 November, "The USD/JPY plummeted in Monday’s intraday trading, skidding into 151.20 before recovering on the day.", "A break of this level would see the USD/JPY trading into its highest prices since 1990, a 33-year high."
- Usd/jpy extends losses below the 20-day sma, eyes on Japanese GDP and US PPI. According to FXStreet on Tuesday, 14 November, "The USD/JPY suffered significant setbacks in Tuesday’s session, falling towards the trajectory of the pair being set by soft CPI data from the US. ", "The USD/JPY displays a neutral to bearish technical bias on the daily chart, with signals suggesting that the bears are gaining ground. "
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