(VIANEWS) – USD/CNH (USDCNH) has been up by 1.81% for the last 21 sessions. At 18:12 EST on Tuesday, 13 August, USD/CNH (USDCNH) is $7.15.
USD/CNH’s yearly highs and lows, it’s 0.006% up from its 52-week low and 0.001% 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: taking a breather? – rabobank. According to FXStreet on Tuesday, 13 August, "In our view this will likely start with a recovery in the value of the USD over the coming days, though we expect that USD/JPY can still trend lower on a 3-to-6-month view’."
- Usd/jpy trades with mild losses near 147.00 ahead of US PPI data. According to FXStreet on Tuesday, 13 August, "The USD/JPY pair weakens to near 147.10 during the early Asian session on Tuesday. "
- According to FXStreet on Tuesday, 13 August, "The USD/JPY pair receives support as the pressure on the US Dollar eases due to decreased expectations for a 50 basis point interest rate cut by the US Federal Reserve (Fed) in September. ", "On the upside, the USD/JPY pair could test the immediate barrier at the nine-day EMA around the 147.72 level. "
- Usd/jpy price forecast: rises, yet struggles at 148.00. According to FXStreet on Monday, 12 August, "Conversely, if USD/JPY clears the Tenkan-Sen at 147.79, this will clear the path to August’s 12 peaks of 148.00. ", "The USD/JPY could extend its losses if the pair slumps past the August 9 low of 146.27. "
- Usd/jpy trims part of modest gains amid geopolitical risks, up a little around 146.75-80 area. According to FXStreet on Monday, 12 August, "The USD/JPY pair attracts some dip-buyers on the first day of a new week, albeit struggles to find acceptance above the 147.00 mark and capitalize on the move up. ", "This comes on top of the recent dovish remarks by BoJ Deputy Governor Shinichi Uchida, saying that the central bank won’t hike rates when markets are unstable, and undermines the Japanese Yen (JPY), lending some support to the USD/JPY pair."
More news about USD/CNH (USDCNH).
