(VIANEWS) – USD/CNH (USDCNH) has been up by 1.28% for the last 10 sessions. At 17:12 EST on Monday, 30 September, USD/CNH (USDCNH) is $7.01.
USD/CNH’s yearly highs and lows, it’s 0.466% up from its 52-week low and 0.114% 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
- Usd/jpy struggles to capitalize on modest intraday gains, up a little around mid-142.00s. According to FXStreet on Monday, 30 September, "Apart from this, subdued US Dollar (USD) price action contributes to capping the USD/JPY pair.", "The USD/JPY pair attracts some dip-buyers at the start of a new week and reverses a part of Friday’s sharp retracement slide from the 146.50 area or over a three-week high. "
- According to FXStreet on Monday, 30 September, "At press time, USD/JPY is trading 0.14% higher on the day, paring back gains to hover around 142.35."
- According to FXStreet on Monday, 30 September, "In terms of support, the USD/JPY pair may navigate around the 139.58 region, the lowest point since June 2023.", "On the upside, a return to the ascending channel could weaken the bearish case and lead the USD/JPY pair to test the nine-day Exponential Moving Average (EMA) at the 143.10 level. "
- Usd/jpy: bullish momentum on daily chart fades – OCBC. According to FXStreet on Monday, 30 September, "The risk she may win was one of the factors that kept USD/JPY rather supported for most of last week. ", "We still expect the direction of travel for USD/JPY to be down but the BoJ going for a gradual pace of policy normalisation may see pace of USD/JPY decline slow in the short term. "
- According to FXStreet on Monday, 30 September, "Just as hopes were building that some of the recent volatility in USD/JPY was on course to die-back, Japanese political change has proved that the currency pair maintains a nervous disposition, Rabobank’s FX strategist Jane Foley notes.", "Despite the changing political landscape both the Japan and in the US, we would expect central bank policy to remain the primary driver of USD/JPY over the coming months. "
More news about USD/CNH (USDCNH).
