(VIANEWS) - USD/CNH (USDCNH) has been up by 3.94% for the last 21 sessions. At 07:07 EST on Friday, 17 February, USD/CNH (USDCNH) is $6.89.
USD/CNH's yearly highs and lows, it's 0.348% up from its 52-week low and 0.078% down from its 52-week high.
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- Usd/jpy price analysis: bulls flirt with 133.00 inside monthly rising wedge. According to FXStreet on Wednesday, 15 February, "Following that, a convergence of the 21-DMA and the aforementioned wedge's lower line, close to 130.60, appears a tough nut to crack for the USD/JPY bears.", "Even if the quote rises past 133.60, a two-month-old horizontal resistance region near 134.50-70, will precede the 200-DMA level surrounding 136.90 to challenge the USD/JPY bulls."
- Usd/jpy retreats towards 133.50 as Japan trade data, boj concerns battle with fed bets. According to FXStreet on Thursday, 16 February, "A convergence of the one-month-old previous resistance line and the 200-day Exponential Moving Average (EMA), highlights 133.75 as the short-term key support for the USD/JPY traders to watch."
- Usd/jpy holds steady near its highest level since January, just below mid-133.00s. According to FXStreet on Wednesday, 15 February, "That said, a combination of factors seems to underpin the Japanese Yen (JPY) and caps any meaningful upside for the USD/JPY pair, at least for now. ", "The data might influence the USD price dynamics, which, along with the broader risk sentiment, should allow traders to grab short-term opportunities around the USD/JPY pair."
- Usd/jpy price analysis: buyers lurk around 133.60 support confluence. According to FXStreet on Thursday, 16 February, "Overall, USD/JPY remains on the bull's radar despite the latest pullback from the multi-day high.", "On the flip side, a clear break of the 133.60 support confluence can quickly drag the USD/JPY price towards the 200-Simple Moving Average (SMA) support of 130.70."
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