(VIANEWS) – USD/CNH (USDCNH) has been up by 1.93% for the last 21 sessions. At 16:11 EST on Sunday, 1 September, USD/CNH (USDCNH) is $7.09.
USD/CNH’s yearly highs and lows, it’s 0.013% up from its 52-week low and 0.047% 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 Friday, 30 August, "The increase in Tokyo inflation strengthens the Bank of Japan’s (BoJ) hawkish monetary policy stance, supporting the JPY and putting downward pressure on the USD/JPY pair.", "The downside for the USD/JPY pair may be capped, as the US Dollar maintains its recent gains following stronger-than-expected economic data released on Thursday. "
- Usd/jpy: enough momentum to break above 145.70– UOB group. According to FXStreet on Friday, 30 August, "There is scope for the USD/JPY pair to advance, but it does not seem to have enough momentum to break the strong resistance at 145.70.", "(This story was corrected on August 30 at12:15GMT to say, in the title and in the first paragraph, that the analysts don’t think the USD/JPY pair has enough momentum to break above 145.70.)"
- Usd/jpy price forecast: soars past 146.00 boosted by US yields. According to FXStreet on Friday, 30 August, "The USD/JPY is downward biased despite surpassing above the Tenkan-Sen lying at 145.39. ", "Conversely, a USD/JPY move below the Tenkan-Sen will expose the latest cycle low, seen at 143.44, the August 26 low. "
More news about USD/CNH (USDCNH).
