USD/CNH Bearish By 1% In The Last 10 Sessions

(VIANEWS) – USD/CNH (USDCNH) has been up by 1.44% for the last 10 sessions. At 23:07 EST on Wednesday, 25 September, USD/CNH (USDCNH) is $7.02.

USD/CNH’s yearly highs and lows, it’s 0.051% up from its 52-week low and 0.277% down from its 52-week high.

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  • Usd/jpy price forecast: struggles at 144.00 tumbles after hitting two-week peak. According to FXStreet on Tuesday, 24 September, "The USD/JPY retreats after hitting a two-week high of 144.68, sliding some 0.28%. ", "Conversely, if USD/JPY edged toward the Kijun-Sen at 143.44 and clears that level, the pair could aim to challenge 144.00. "
  • According to FXStreet on Wednesday, 25 September, "The strong recovery in the US Dollar and US yields across the board motivated USD/JPY to leave behind two daily pullbacks in a row and retest the upper-144.00s. "
  • According to FXStreet on Wednesday, 25 September, "On the downside, the USD/JPY pair is currently testing the nine-day EMA at the 143.03 level. ", "The USD/JPY pair received downward pressure as the US Dollar struggled following weaker consumer confidence data from the United States (US) released on Tuesday, which added to dovish expectations for the Federal Reserve (Fed) for its upcoming monetary policy decision."
  • Usd/jpy price forecast: rallies past 144.00 boosted by high US yields. According to FXStreet on Wednesday, 25 September, "With that said, the USD/JPY next resistance would be the 145.00 psychological figure ahead of testing the 50-DMA at 146.73. ", "Conversely, if USD/JPY tumbles below 144.00, this could pave the way to challenge the Kijun-Sen at 143.39, followed by the Senkou Span A at 142.76 and the Tenkan Sen at 142.13."
  • According to FXStreet on Tuesday, 24 September, "The USD/JPY pair may weaken due to increasing expectations for further rate cuts by the US Federal Reserve (Fed) in 2024. ", "On the downside, the USD/JPY pair may test the nine-day EMA at the 143.01 level. "

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