(VIANEWS) – USD/CNH (USDCNH) has been up by 1.87% for the last 21 sessions. At 18:09 EST on Monday, 17 April, USD/CNH (USDCNH) is $6.88.
USD/CNH’s yearly highs and lows, it’s 0% down from its 52-week low and 0.012% 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
- Eur/usd rebound approaches 1.1000 as US dollar fades recovery, ecb’s lagarde, pmis in focus. According to FXStreet on Monday, 17 April, "Even so, the recently firmer US data and hawkish Fed talks challenge the EUR/USD bulls amid a sluggish start to the key week comprising the preliminary readings of PMIs for April.", "Moving on, ECB President Lagarde is scheduled to speak one more time in the day and can entertain EUR/USD traders. "
- Eur/usd stumbles on fed rate hike speculations, slides below 1.1000. According to FXStreet on Monday, 17 April, "The EUR/USD first support would be 1.0900, followed by the 20-day Exponential Moving Average (EMA) at 1.0881. ", "The EUR/USD is still upward biased, though after hitting a new YTD high at 1.1075, it has retreated below 1.1000. "
- Eur/usd faces barricades around 1.1000 as chances for fed’s rate hike remain stubborn. According to FXStreet on Sunday, 16 April, "The EUR/USD pair is struggling to extend its recovery above the psychological resistance of 1.1000 in the early Asian session. "
More news about USD/CNH (USDCNH).
