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

(VIANEWS) – USD/CNH (USDCNH) has been up by 1.9% for the last 10 sessions. At 02:11 EST on Monday, 29 January, USD/CNH (USDCNH) is $7.19.

USD/CNH’s yearly highs and lows, it’s 0.118% up from its 52-week low and 0.085% down from its 52-week high.

News about

  • Eur/usd weekly forecast: incremental trend lower persists as traders fret – 28 January 2024. According to DailyForex on Sunday, 28 January, "Speculators should not be surprised if the EUR/USD touches the 1.08100 to 1.07950 marks below as lower support levels.", "The EUR/USD went into the weekend near the 1.08530 mark which is slightly above the low it produced on Friday around the 1.08120 ratio."
  • Eur/usd remains under pressure below 1.0850, German GDP data eyed. According to FXStreet on Monday, 29 January, "This, in turn, might exert some selling on the Euro (EUR) and act as a headwind for the EUR/USD pair."
  • Eur/usd price analysis: inches lower to 1.0840 followed by the monthly low. According to FXStreet on Monday, 29 January, "The significant level at 1.0850 may act as immediate resistance for the EUR/USD pair. ", "The 14-day Relative Strength Index (RSI) for the EUR/USD pair lies below the 50 mark, indicating a bearish momentum in the market. "

More news about USD/CNH (USDCNH).

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