(VIANEWS) – USD/CNH (USDCNH) has been up by 1.71% for the last 10 sessions. At 03:09 EST on Tuesday, 15 October, USD/CNH (USDCNH) is $7.12.
USD/CNH’s yearly highs and lows, it’s 0.477% up from its 52-week low and 0.146% 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 Monday, 14 October, "The US Dollar (USD), on the other hand, remains firm near a two-month high amid growing acceptance of a less aggressive policy easing by the Federal Reserve (Fed) and turns out to be another factor acting as a tailwind for the USD/JPY pair. ", "This, along with positive oscillators on the daily chart, suggests that the path of least resistance for the USD/JPY pair remains to the upside. "
- Usd/jpy: trades with a downside bias – DBS. According to FXStreet on Monday, 14 October, "The 2Y and 10Y bond differentials between USTs and JGBs suggest that USD/JPY should be lower around 138-141."
- Usd/jpy price forecast: hits two-month peak near 150.00. According to FXStreet on Monday, 14 October, "The USD/JPY extended its gains throughout the North American session, up 0.42%, and trading at 149.75 at the time of writing. ", "If USD/JPY clears the 150.00 figure, this could pave the way for challenging the 100 and 200-day moving averages (DMAs) each at 151.14 and 151.22. "
- According to FXStreet on Tuesday, 15 October, "This might help limit the downside for the USD/JPY pair near the 148.55-148.50 region. ", "Adding to this, a bullish US Dollar (USD) contributes to limiting the downside for the USD/JPY pair."
More news about USD/CNH (USDCNH).
