(VIANEWS) – USD/CNH (USDCNH) has been up by 0.93% for the last 10 sessions. At 16:06 EST on Sunday, 24 September, USD/CNH (USDCNH) is $7.29.
USD/CNH’s yearly highs and lows, it’s 0% down from its 52-week low and 0.003% 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 oversold (<=20).
News about
- Eur/usd remains under selling pressure near 1.0650, investors await eurozone, US PMI. According to FXStreet on Friday, 22 September, "This, in turn, boosts the Greenback and acts as a headwind for the EUR/USD pair. ", "Traders will take cues from these figures and find trading opportunities around the EUR/USD pair."
- Eur/usd treading water near 1.0660, hanging near the top of the range. According to FXStreet on Friday, 22 September, "Hourly candles see the EUR/USD trading just south of the 200-hour Simple Moving Average (SMA) near 1.0685.", "The EUR/USD is trading into neutral ground heading into the end of the trading week, testing well-trodded ground near the 1.0660 handle."
- Eur/usd forecast: faces challenging times amidst consolidation and US dollar strength – 22 September 2023. According to DailyForex on Friday, 22 September, "In this environment, the Euro is expected to continue facing difficulties, although short-term rallies may provide opportunities to acquire "cheap US dollars." A decisive break below the session’s low on Thursday could potentially pave the way for the EUR/USD pair to descend towards the 1.05 level. "
More news about USD/CNH (USDCNH).
