(VIANEWS) – USD/CNH (USDCNH) has been up by 6% for the last 21 sessions. At 06:06 EST on Monday, 27 March, USD/CNH (USDCNH) is $6.88.
USD/CNH’s yearly highs and lows, it’s 0.27% up from its 52-week low and 0.094% 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
- Usd/jpy portrays four-day downtrend near 130.50 with eyes on Japan/us inflation clues. According to FXStreet on Monday, 27 March, "Should the inflation numbers print strong outcomes, the greenback has scope for recovery and can allow the USD/JPY to pare recent losses.", "It should be noted that Friday’s mixed details of the US Durable Goods Orders and Purchasing Managers’ Index for February and March respectively joined the hawkish Fed speak to trigger the USD/JPY pair’s corrective bounce off the multi-day low."
- Usd/jpy: neutral view amidst global banking turmoil – morgan stanley. According to FXStreet on Monday, 27 March, "Analysts at Morgan Stanley shift their view on the USD/JPY pair to neutral from their previous long recommendation.", "With the risk of the market pricing in further policy convergence, we close our long USD/JPY position and turn neutral until things become much clearer."
- Usd/jpy price analysis: bulls find support at 130.00 amid banking support measures. According to FXStreet on Monday, 27 March, "The USD/JPY experienced a sharp rebound after finding support at the 130.00 mark. ", "A strong reversal in price or sudden surge in US Dollar demand could propel the USD/JPY to the March high of 138.00, a key psychological level."
More news about USD/CNH (USDCNH).
