USD/CNH Over 1% Up In The Last 21 Sessions

(VIANEWS) – USD/CNH (USDCNH) has been up by 1.71% for the last 21 sessions. At 05:28 EST on Monday, 10 July, USD/CNH (USDCNH) is $7.24.

USD/CNH’s yearly highs and lows, it’s 0.269% up from its 52-week low and 0.132% 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

  • According to FXStreet on Saturday, 8 July, "In that sense, the USD/JPY fell to a two-week low following US Nonfarm Payrolls data pressured down by falling American yields while the Japanese rates are rising."
  • Usd/jpy jumps to test 143.00 as US dollar rebounds with yields. According to FXStreet on Monday, 10 July, "The USD/JPY pair gains momentum and sees a rally to near the 143.00 threshold in the Asian session, up 0.57% on the day. ", "Following the softer US data, USD/JPY saw a sharpdrop to a one-week low, rebounding firmly in Monday’s Asian session, tracking the recovery in the US Dollar in tandem with the US Treasury bond yields."
  • According to DailyForex on Monday, 10 July, "Some days agothe USD/JPY currency pairmade a new 7-month high above ¥145, but it is now trading well below that level."
  • Usd/jpy: two scenarios for the yen, levels around 160 can be imaginable – commerzbank. According to FXStreet on Monday, 10 July, "In the second scenario, there is a risk of continued and significant JPY weakness, including USD/JPY levels around 160."
  • Usd/jpy free-falls towards 142.00 following US nfps. According to FXStreet on Saturday, 8 July, "On Friday, the USD/JPY plunged towards the 142.15 area, a two-week low, and is poised to record a weekly gain after three consecutive weeks of losses. "

More news about USD/CNH (USDCNH).

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