(VIANEWS) – USD/CNH (USDCNH) has been up by 1.61% for the last 21 sessions. At 21:07 EST on Tuesday, 24 September, USD/CNH (USDCNH) is $7.01.
USD/CNH’s yearly highs and lows, it’s 0.172% up from its 52-week low and 0.053% 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
- According to FXStreet on Monday, 23 September, "A breakthrough above this level could support the USD/JPY pair to test the psychological level of the 145.00.", "On the downside, the USD/JPY pair could test the 21-day Exponential Moving Average (EMA) at the 143.76 level, followed by the nine-day EMA at the 143.00 level. "
- Usd/jpy price forecast: slips on soft US pmis, drops below 144.00. According to FXStreet on Monday, 23 September, "Conversely, if USD/JPY buyers move in and push prices above 144.00, further upside lies above the September 20 high of 144.49.", "From a technical standpoint, the USD/JPY is downward biased despite printing a leg-up after bouncing from the September 16 low of 139.58 to the September 20 high of 144.49. "
- According to FXStreet on Tuesday, 24 September, "A breakout above this level could enable the USD/JPY pair to challenge the psychological barrier of 145.00.", "The USD/JPY pair may weaken due to increasing expectations for further rate cuts by the US Federal Reserve (Fed) in 2024. "
- Usd/jpy price forecast: struggles at 144.00 tumbles after hitting two-week peak. According to FXStreet on Tuesday, 24 September, "The USD/JPY retreats after hitting a two-week high of 144.68, sliding some 0.28%. ", "Conversely, if USD/JPY edged toward the Kijun-Sen at 143.44 and clears that level, the pair could aim to challenge 144.00. "
More news about USD/CNH (USDCNH).
