USD/CNH Rises By 1% In The Last 5 Sessions

(VIANEWS) – USD/CNH (USDCNH) has been up by 1.58% for the last 5 sessions. At 23:06 EST on Monday, 1 April, USD/CNH (USDCNH) is $7.26.

USD/CNH’s yearly highs and lows, it’s 0.052% up from its 52-week low and 0.063% down from its 52-week high.

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  • Eur/usd dips below 1.0750 on strong US ISM PMI reading. According to FXStreet on Monday, 1 April, "Following the data, the EUR/USD has extended its losses past the psychological 1.0750 figure, which could exacerbate a test of the February 14 swing low of 1.0694.", "The EUR/USD daily chart portrays the pair as aiming toward the 1.0700 figure, ahead of challenging 1.0694, February’s 14 low. "
  • Eur/usd price analysis: maintains position below the psychological level of 1.0800. According to FXStreet on Monday, 1 April, "A break below this level could lead the EUR/USD pair to navigate the area around the psychological level of 1.0700.", "Although a lagging indicator, this alignment indicates a confirmation of the bearish momentum for the EUR/USD pair."
  • Eur/usd faces pressure near 1.0800 ahead of data-packed week. According to FXStreet on Monday, 1 April, "The EUR/USD pair falls after a pullback move to near the round-level resistance of 1.0800 in the late London session. "
  • Eur/usd forex signal: outlook ahead of NFP and powell speech – 01 April 2024. According to DailyForex on Monday, 1 April, "The EUR/USD pair drifted upwards as investors reacted to the Federal Reserve’s favorite inflation gauge. ", "The EUR/USD pair has been in a strong bearish trend after peaking at 1.0982 in March. "
  • Eur/usd monthly forecast: April 2024 – 31 March 2024. According to DailyForex on Sunday, 31 March, "S will take on added significance and have an effect on the EUR/USD which is likely to create a rather wide price range being demonstrated. ", "Choppy conditions have been stark in the EUR/USD since the middle of December and in March a high of nearly 1.09835 was seen on the 5th briefly. "

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