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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).

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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