(VIANEWS) – USD/CNH (USDCNH) has been up by 0.83% for the last 5 sessions. At 07:06 EST on Tuesday, 25 April, USD/CNH (USDCNH) is $6.93.
USD/CNH’s yearly highs and lows, it’s 0.617% up from its 52-week low and 0.03% 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 price analysis: absence of a bullish momentum favors a downside bias. According to FXStreet on Monday, 24 April, "The EUR/USD pair has dropped after failing to test the psychological resistance of 1.1000 in the early European session. "
- Eur/usd remains capped by 1.1000 ahead of key data. According to FXStreet on Monday, 24 April, "Sellers appear to have returned to the European currency and drag EUR/USD back to the 1.0980/70 band at the beginning of the week."
- Eur/usd price analysis: drops toward 1.1000 amid overbought RSI. According to FXStreet on Tuesday, 25 April, "With this, the EUR/USD sellers are well set to test a two-week-old horizontal support zone of around 1.1000.", "However, the 200-Hour Moving Average (HMA) and an upward-sloping trend line from April 10, forming part of a bearish triangle formation, respectively near 1.0985 and 1.0960, can challenge the EUR/USD bears afterward."
More news about USD/CNH (USDCNH).
