USD/CNH Bearish By 1% In The Last 10 Sessions

(VIANEWS) – USD/CNH (USDCNH) has been up by 1.61% for the last 10 sessions. At 19:09 EST on Tuesday, 19 March, USD/CNH (USDCNH) is $7.21.

USD/CNH’s yearly highs and lows, it’s 0.017% up from its 52-week low and 0.015% down from its 52-week high.

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  • Boj preview: four scenarios and their implications for usd/jpy – TDS. According to FXStreet on Monday, 18 March, "Economists at TD Securities discuss the Bank of Japan (BoJ) Interest Rate Decision and their implications for the USD/JPY pair."
  • According to FXStreet on Tuesday, 19 March, "This is followed by the 148.00 round figure, below which the USD/JPY pair could accelerate the downfall towards the 100-day Simple Moving Average (SMA), currently pegged near the 147.65 region. ", "From a technical perspective, the USD/JPY pair is holding above the 61.8% Fibonacci retracement level of the February-March downfall and seems poised to climb further. "
  • According to FXStreet on Monday, 18 March, "This is followed by the 148.00 round figure, below which the USD/JPY pair could accelerate the slide towards the 100-day Simple Moving Average (SMA), currently pegged near the 147.65 region. ", "Given that oscillators on the daily chart have just started gaining positive traction, the USD/JPY pair seems poised to appreciate further towards the 149.75-149.80 horizontal resistance. "
  • Any big hawkish surprise from fed chair powell could push usd/jpy beyond its 2022 high at 151.90 – TDS. According to FXStreet on Tuesday, 19 March, "USD/JPY is now hostage to the FOMC decision on Wednesday and any big hawkish surprise from Powell could push USD/JPY beyond its 2022 high at 151.90 which may invoke some strong verbal interventions from the MoF."

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