(VIANEWS) – USD/CNH (USDCNH) has been up by 2.23% for the last 21 sessions. At 19:10 EST on Tuesday, 20 August, USD/CNH (USDCNH) is $7.12.
USD/CNH’s yearly highs and lows, it’s 0.013% up from its 52-week low and 0.018% 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 overbought (>=80).
News about
- Usd/jpy edges lower near 146.00 on the weaker US dollar, hawkish boj. According to FXStreet on Tuesday, 20 August, "The USD/JPY pair trades in negative territory for the third consecutive day near 146.05 during the Asian trading hours on Tuesday. "
- According to FXStreet on Monday, 19 August, "For support levels, the USD/JPY pair may test the area around its seven-month low of 141.69, reached on August 5. ", "On the upside, the USD/JPY pair could face an immediate barrier around the nine-day Exponential Moving Average (EMA) at 147.60. "
- Usd/jpy retreats over 50 pips from asian session peak, slides below mid-147.00s. According to FXStreet on Monday, 19 August, "The aforementioned fundamental backdrop suggests that the path of least resistance for the USD/JPY pair is to the downside. ", "The prevalent risk-on mood, bolstered by signs of easing fears of a recession in the US, undermines the safe-haven Japanese Yen (JPY) and lends some support to the USD/JPY pair amid a modest US Dollar (USD) uptick. "
- According to FXStreet on Tuesday, 20 August, "This resulted in a sharp unwind of yen carry trades, bringing USD/JPY down to as low as 142.", "Japan had intervened to support the JPY in April-May as well as July this year, and risks of intervention are heightened if USD/JPY is to trade above 150 again."
- According to FXStreet on Tuesday, 20 August, "For support levels, the USD/JPY pair might test the seven-month low of 141.69, which was reached on August 5. ", "On the upside, the USD/JPY pair could encounter immediate resistance around the nine-day Exponential Moving Average (EMA) at 147.41. "
More news about USD/CNH (USDCNH).
