(VIANEWS) – USD/CNH (USDCNH) has been up by 1.55% for the last 21 sessions. At 07:07 EST on Tuesday, 12 September, USD/CNH (USDCNH) is $7.31.
USD/CNH’s yearly highs and lows, it’s 0.269% up from its 52-week low and 0.021% 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 technical analysis: bears’ control awaits ECB – 11 September 2023. According to DailyForex on Monday, 11 September, "During last week’s trades, the bear’s control over the direction of the price of the EUR/USD currency pair increased as it fell to the lowest support level of 1.0686 in three months and closed the week’s trades stable around the 1.0700 level. ", "Expectations of the euro against the dollar today:I expect the downward momentum of the EUR/USD currency pair to continue until the reaction of the markets and investors to the policy decisions of the European Central Bank later this week."
- Eur/usd continues to trade higher around 1.0730, US cpi, ECB decision eyed. According to FXStreet on Monday, 11 September, "This data has the potential to offer additional insights into the country’s inflation situation, which can significantly influence the investors’ decisions regarding placing trading positions on the EUR/USD pair.", "This hawkish stance from the central bank could potentially limit the upside potential for the EUR/USD currency pair."
- According to Business Insider on Monday, 11 September, "The EUR/USD pair which had touched a high of 1.0810 at the commencement of the week, slipped to a low of 1.0686 towards the end of the week. ", " The EUR/USD pair has increased to 1.0744 whereas the GBP/USD pair has jumped to 1.2525. "
- Eur/usd rises above 1.0740 area amid USD weakness. According to FXStreet on Monday, 11 September, "At the start of the week, the EUR/USD soared towards the 1.0755area, seeing more than 0.50% gains and then settled near 1.0745. ", "Based on the daily chart, EUR/USD maintains a neutral to bearish technical perspective, suggesting that despite the bulls gaining momentum, the bears are in control."
- Eur/usd forex signal: ECB decision, US inflation, crude oil price in focus – 11 September 2023. According to DailyForex on Monday, 11 September, "Forex Brokers We Recommend in Your Region See full brokers list 1 Read full review Get Started BrokerGeoLists.push({type:’ReviewsNonPartner’,id:’horizontal-top-5′,size:5,fullReviewText:`Read full review`,getStartedText:`Get Started`,readReviewText:`Review`});Bearish viewSell the EUR/USD pair and set a take-profit at 1.0600.", "The EUR/USD pair sell-off gained steam ahead of a relatively busy week in the market. "
More news about USD/CNH (USDCNH).
