(VIANEWS) – USD/CNH (USDCNH) has been up by 2.3% for the last 21 sessions. At 09:13 EST on Wednesday, 24 May, USD/CNH (USDCNH) is $7.05.
USD/CNH’s yearly highs and lows, it’s 0.152% up from its 52-week low and 0.378% 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).
Previous days news about USD/CNH (USDCNH)
- Usd/cnh price analysis: approaches five-month high around 7.0750. According to FXStreet on Tuesday, 23 May, "The USD/CNH pair has turned sideways after a decent upside move above 7.0620 in the Asian session. "
- Usd/cnh: upside momentum appears to struggle – UOB. According to FXStreet on Tuesday, 23 May, "The likelihood of a probable test of 7.0960 in USD/CNH now appears somewhat dwindled according to Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group."
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