USD/CNH Is 1% Up In The Last 5 Sessions

(VIANEWS) – USD/CNH (USDCNH) has been up by 1.61% for the last 5 sessions. At 08:06 EST on Thursday, 28 March, USD/CNH (USDCNH) is $7.26.

USD/CNH’s yearly highs and lows, it’s 0.282% up from its 52-week low and 0.044% down from its 52-week high.

News about

  • Eur/usd forex signal: weakly bullish above $1.0832 – 26 March 2024. According to DailyForex on Tuesday, 26 March, "My previous EUR/USD signal on 12thMarchwas not triggered as the bullish price action took place below the support level which I had identified at $1.0914.", "In my previous analysis ofthe EUR/USD currency pairtwo weeks ago, I wrote that the real question seemed to be whether the $1.0900 area would hold now. "
  • Eur/usd price analysis: the potential support level is located near 1.0800. According to FXStreet on Wednesday, 27 March, "The EUR/USD pair trades in negative territory for two straight days near 1.0830 on Wednesday during the early European trading hours. ", "The encouraging US economic data and the high-for-longer rate narrative from the Federal Reserve (Fed) provide some support to the US Dollar (USD) and drag the EUR/USD lower. "
  • Eur/usd analysis: dollar remains strong – 26 March 2024. According to DailyForex on Tuesday, 26 March, "The Jefferies LLC forex research team sees it this way, "The EUR/USD pair has broken through the moving averages to the 1.0815 area. ", "Commenting on the performance, Scotiabank analyst Shaun Osborne says the short-term technical for EUR/USD are "bearish… losses near the top of the euro’s recent trading range have brought the spot price back to near the bottom end of the recent trading range."
  • Eur/usd struggles for a firm intraday direction, stuck in a range below mid-1.0800s. According to FXStreet on Tuesday, 26 March, "This, along with the US bond yield and the broader risk sentiment, will drive demand for the safe-haven buck and provide some impetus to the EUR/USD pair. ", "The EUR/USD pair struggles to capitalize on the previous day’s goodish rebound from the 1.0800 mark, or a three-week low and oscillates in a narrow range during the Asian session on Tuesday. "

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