USD/CNH Is 1% Up In The Last 5 Sessions

(VIANEWS) – USD/CNH (USDCNH) has been up by 1.1% for the last 5 sessions. At 20:06 EST on Thursday, 3 October, USD/CNH (USDCNH) is $7.05.

USD/CNH’s yearly highs and lows, it’s 0.055% 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 oversold (<=20).

News about

  • According to FXStreet on Thursday, 3 October, "At the time of writing, USD/JPY is trading just below 147.00, adding 0.30% on the day. "
  • Usd/jpy price forecast: skyrockets over 200-pips on Japan’s PM comments. According to FXStreet on Wednesday, 2 October, "The USD/JPY has broken key resistance levels and is descending toward the bottom of the Ichimoku Cloud (Kumo).", "For a bearish resumption, the USD/JPY must clear the 50-DMA on the downside, which will expose the 145.00 mark."
  • According to FXStreet on Wednesday, 2 October, "The USD/JPY pair may encounter resistance near the upper boundary of the ascending channel at 146.80, followed by the five-week high of 147.21, last reached on September 3.", "A break below this level could push the USD/JPY pair toward the 139.58 level, marking the lowest since June 2023."
  • Usd/jpy price forecast: climbs above 147.00 as bulls target kumo. According to FXStreet on Thursday, 3 October, "The USD/JPY edges higher on Thursday, climbs above 147.00 for the first time since September, trades at 146.92 and gains 0.31% at the time of writing. ", "The USD/JPY daily chart is neutral to downward biased, as buyers tested the bottom of the Ichimoku Cloud (Kumo) at 147.25. "

More news about USD/CNH (USDCNH).

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