USD/CNH Is 2% Up In The Last 21 Sessions

(VIANEWS) – USD/CNH (USDCNH) has been up by 2.92% for the last 21 sessions. At 20:12 EST on Monday, 19 June, USD/CNH (USDCNH) is $7.16.

USD/CNH’s yearly highs and lows, it’s 0.013% up from its 52-week low and 0.039% 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 Monday, 19 June, "Economists at Commerzbank discuss ECB and Fed rate expectations and how could impact the EUR/USD pair."
  • Eur/usd technical analysis: upward shift continues – 19 June 2023. According to DailyForex on Monday, 19 June, "According to the performance on the daily chart below, the upward shift in the EUR/USD currency pair continues. "
  • Eur/usd: weekly forecast 18th June – 24th June – 18 June 2023. According to DailyForex on Sunday, 18 June, "The EUR/USD was able to trade near a high of around 1.10920 in late April and early May, and there is no doubt some traders are eyeing these values as targets. ", "The value near 1.09725 seen in the second week of May occurred as the EUR/USD was starting to ebb lower."
  • Eur/usd forex signal: bullish pennant points to more gains – 19 June 2023. According to DailyForex on Monday, 19 June, "The other important mover for the EUR/USD was the interest rate decision by the European Central Bank (ECB). ", "The EUR/USD pair will have a muted performance on Monday since US markets will be closed for the Juneteenth holiday. "
  • Eur/usd consolidates around 1.0940 due to mixed responses about fed’s rate guidance. According to FXStreet on Monday, 19 June, "The EUR/USD pair is oscillating in a narrow range around 1.0940 in the late Asian session. "

More news about USD/CNH (USDCNH).

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