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MarketFX

USD/CNH Bearish By 2% In The Last 10 Sessions

ViaNews Editorial Team

January 26, 2024

USD/CNH Bearish By 2% In The Last 10 Sessions

(VIANEWS) - USD/CNH (USDCNH) has been up by 2.02% for the last 10 sessions. At 07:10 EST on Friday, 26 January, USD/CNH (USDCNH) is $7.18.

USD/CNH's yearly highs and lows, it's 0.061% up from its 52-week low and 0.16% down from its 52-week high.

News about

  • Eur/usd forex signal: bullish “v” at $1.0822 - 24 January 2024. According to DailyForex on Wednesday, 24 January, "My previous EUR/USD signal on 22ndJanuarywas not triggered as there was insufficiently bullish price action when the support level at $1.0888 was first reached that day.", "In my previous analysis ofthe EUR/USD currency pairtwo days ago, I wrote that the price would probably not move much today, giving little trading opportunities except perhaps for scalpers."
  • Eur/usd climbs sharply despite strong US pmis, ahead of ecb’s decision. According to FXStreet on Wednesday, 24 January, "The EUR/USD dipped and formed a 'bearish engulfing' chart pattern, which is being invalidated by a leg-up that has breached the 50-day moving average at 1.0922 and tests the 61.8% Fibonacci retracement at 1.0931. "
  • Eur/usd analysis: euro under pressure, eyes on ISM data - 24 January 2024. According to DailyForex on Wednesday, 24 January, "Based on the performance on the daily chart, the overall trend for the EUR/USD pair is bearish. ", "Moreover, technical indicators may shift towards strong oversold levels if the EUR/USD price moves towards support levels at 1.0800, 1.0745, and 1.0690 successively. "
  • According to FXStreet on Wednesday, 24 January, "The re-emergence of the appetite for the risk complex weighed on the Dollar and lifted EUR/USD past 1.0900. ", "In Europe, EUR/USD surpassed the 1.0900 hurdle and reached fresh multi-day highs, although the move fizzled out towards the end of the NA session. "

More news about USD/CNH (USDCNH).

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ForexForeign Exchange MarketCurrenciesUSDCNHUSD/CNHPrice DownFOREX Price DownForex Now
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.