(VIANEWS) – USD/CNH (USDCNH) has been up by 1.7% for the last 10 sessions. At 14:09 EST on Monday, 14 October, USD/CNH (USDCNH) is $7.10.
USD/CNH’s yearly highs and lows, it’s 0.403% up from its 52-week low and 0.037% 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
- According to FXStreet on Monday, 14 October, "The US Dollar (USD), on the other hand, remains firm near a two-month high amid growing acceptance of a less aggressive policy easing by the Federal Reserve (Fed) and turns out to be another factor acting as a tailwind for the USD/JPY pair. ", "This, along with positive oscillators on the daily chart, suggests that the path of least resistance for the USD/JPY pair remains to the upside. "
- Usd/jpy: trades with a downside bias – DBS. According to FXStreet on Monday, 14 October, "The 2Y and 10Y bond differentials between USTs and JGBs suggest that USD/JPY should be lower around 138-141."
More news about USD/CNH (USDCNH).
