USD/CNH Bearish Momentum: 0.81% Down In The Last 5 Sessions

(VIANEWS) – USD/CNH (USDCNH) has been up by 0.81% for the last 5 sessions. At 18:06 EST on Sunday, 22 September, USD/CNH (USDCNH) is $7.04.

USD/CNH’s yearly highs and lows, it’s 0.007% up from its 52-week low and 0.084% 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

  • Eur/usd price forecast: the constructive outlook prevails above 1.1150. According to FXStreet on Friday, 20 September, "The EUR/USD pair trades in positive for the third consecutive day near 1.1165 during the Asian trading hours on Friday. ", " The bullish outlook of EUR/USD remains intact as the major pair is well supported above the key 100-period Exponential Moving Averages (EMA) on the 4-hourchart. "
  • According to FXStreet on Friday, 20 September, "A 1.1150-1.1200 EUR/USD range may well be seen today, though we retain an upside bias.", "At this stage in the US cycle, we believe an upside EUR/USD breakout is entirely possible."

More news about USD/CNH (USDCNH).

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