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

ViaNews Editorial Team

February 18, 2024

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

(VIANEWS) - USD/CNH (USDCNH) has been up by 1.62% for the last 10 sessions. At 14:06 EST on Sunday, 18 February, USD/CNH (USDCNH) is $7.21.

USD/CNH's yearly highs and lows, it's 0.008% up from its 52-week low and 0% down from its 52-week high.

News about

  • According to FXStreet on Friday, 16 February, "This might continue to weigh on the US Dollar (USD) and further contribute to keeping a lid on the USD/JPY pair, warranting some caution before positioning for any further intraday appreciating move. ", "Given that oscillators on the daily chart are holding in the positive territory and are still away from the overbought zone, the USD/JPY pair might then climb to the 151.45 intermediate hurdle. "
  • Usd/jpy price analysis: holds above 150.00 ahead of the weekend. According to FXStreet on Friday, 16 February, "The USD/JPY is set to finish the day and the week positively, with the major clinging above the 150.00 figure, posting daily gains of 0.16%, exchanging hands at 150.16.", "Conversely, if USD/JPY drops below 150.00, the first support would be the Tenkan-Sen at 149.25. "

More news about USD/CNH (USDCNH).

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ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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