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USD/CNH Over 1% Down In The Last 10 Sessions

(VIANEWS) – USD/CNH (USDCNH) has been up by 1.44% for the last 10 sessions. At 05:10 EST on Monday, 30 September, USD/CNH (USDCNH) is $6.99.

USD/CNH’s yearly highs and lows, it’s 0.305% up from its 52-week low and 0.131% 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

  • Eur/usd price forecast: flat lines below 1.1200 ahead of German consumer inflation data. According to FXStreet on Monday, 30 September, "On the flip side, weakness below the 1.1125-1.1120 immediate support could drag the EUR/USD pair below the 1.1100 mark, towards testing last week’s swing low, around the 1.1085-1.1080 zone. ", "This makes it prudent to wait for a sustained breakout through the aforementioned short-term trading range before confirming and positioning for the next leg of a directional move for the EUR/USD pair."

More news about USD/CNH (USDCNH).

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