(VIANEWS) – USD/CNH (USDCNH) has been up by 2.02% for the last 21 sessions. At 04:06 EST on Thursday, 7 December, USD/CNH (USDCNH) is $7.17.
USD/CNH’s yearly highs and lows, it’s 0.003% up from its 52-week low and 0.022% down from its 52-week high.
News about
- Japanese yen remains on the defensive against usd; 100-day SMA caps usd/jpy. According to FXStreet on Tuesday, 5 December, "The USD/JPY pair might then accelerate the fall towards the next relevant support near the 145.45-145.40 region en route to the 145.00 psychological mark and the 50% Fibo. ", "From a technical perspective, the USD/JPY pair on Monday found some support and attracted buyers near the 146.20 region, representing the 38.2% Fibonacci retracement level of the July-October rally. "
- Usd/jpy analysis: the future of the downward correction – 05 December 2023. According to DailyForex on Tuesday, 5 December, "Before that, the USD/JPY underwent strong selling operations that pushed it toward the 146.22 support level, its lowest in nearly three months. ", "According to the performance on the daily time frame chart, the price of the USD/JPY is still on a downward correction path. "
- Usd/jpy trades better bid above 147.00 after dovish boj commentary. According to FXStreet on Wednesday, 6 December, "Further, a minor rebound in the US Treasury bond yields is helping the USD/JPY to stay afloat amid a retreat in the US Dollar across the board. ", "The swift US Dollar rebound lifted USD/JPY from daily lows of 146.56, as the pair went on to settle Tuesday almost unchanged at 147.20. "
- Usd/jpy forecast: continues to hang about support against yen – 06 December 2023. According to DailyForex on Wednesday, 6 December, "It’s essential to understand that the USD/JPY currency pair is significantly influenced by U.S. interest rates, especially the 10-year yield. ", "Analyzing USD/JPY Trends Amid SpeculationIn contrast, a downward movement breaking below Monday’s hammer pattern signals a possible drop to the ¥145 level. "
- Usd/jpy: near-term resistance approached and speculative – 06 December 2023. According to DailyForex on Wednesday, 6 December, "Speculators who are placing quick hitting trades and pursuing technical directions likely understand the ups and downs of the USD/JPY quite well and are not immune to placing buying positions on the currency pair even if they continue to think the mid-term outlook is bearish.USD/JPY and the Potential to Change Direction Again", "The USD/JPY appears to be in a rather intriguing value range via its current price realm. "
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