USD/CNH Bearish By 1% In The Last 21 Sessions

(VIANEWS) – USD/CNH (USDCNH) has been up by 1.91% for the last 21 sessions. At 04:17 EST on Monday, 2 September, USD/CNH (USDCNH) is $7.11.

USD/CNH’s yearly highs and lows, it’s 0.329% up from its 52-week low and 0.063% 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, 2 September, "In terms of support, the USD/JPY pair might first test the nine-day Exponential Moving Average (EMA) at around 145.53, followed by the downtrend line near 144.00. ", "On Friday, a rise in Tokyo inflation reinforced the Bank of Japan’s (BoJ) hawkish monetary policy stance, boosting the JPY and capping gains in the USD/JPY pair."

More news about USD/CNH (USDCNH).

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