(VIANEWS) – USD/CNH (USDCNH) has been up by 1.85% for the last 10 sessions. At 16:06 EST on Monday, 22 January, USD/CNH (USDCNH) is $7.19.
USD/CNH’s yearly highs and lows, it’s 0.054% up from its 52-week low and 0.212% down from its 52-week high.
News about
- Eur/usd forex signal – possible minor support $1.0900 – 22 January 2024. According to DailyForex on Monday, 22 January, "My previous EUR/USD signal on 15thJanuarywas not triggered as there was insufficiently bullish price action when the support level at $1.0936 was first reached that day.", "In my previous analysis ofthe EUR/USD currency pairone week ago, I wrote that the Consolidation between $1.0900 and $1.1000 was likely to continue, although I expected an eventual bullish breakout in the coming days or weeks beyond $1.1000. "
- Eur/usd price analysis: hovers above 1.0900 followed by the 23.6% fibonacci level. According to FXStreet on Monday, 22 January, "The EUR/USD pair receives upward support on an improved risk appetite sentiment ahead of the European Central Bank’s (ECB) January monetary policy meeting scheduled to be released on Thursday.", "Additionally, the trend-following momentum indicator suggests a confirmation of the bearish trend in the EUR/USD pair as the "Moving Average Convergence Divergence (MACD)" line lies below the centreline and shows a divergence below the signal line."
- Eur/usd slightly dips below 1.0900 ahead of ecb’s decision. According to FXStreet on Monday, 22 January, "Although the EUR/USD headed south, it found support at the 200-day moving average (DMA) for two consecutive days in January 17 and 18, forming a ‘tweezers bottom’ chart pattern, that could open the door for further upside. "
- Eur/usd: further downside potential based on the poor economic performance of the eurozone – rabobank. According to FXStreet on Monday, 22 January, "We continue to see risk of EUR/USD pushing lower to 1.0500 on a three-month view."
- Eur/usd posts modest gains under the 1.0900 barrier on the softer US dollar. According to FXStreet on Monday, 22 January, "The EUR/USD pair posts modest gains under the 1.0900 barrier during the early Asian trading hours on Monday. "
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