(VIANEWS) – USD/CNH (USDCNH) has been up by 6.05% for the last 21 sessions. At 13:16 EST on Thursday, 23 March, USD/CNH (USDCNH) is $6.81.
USD/CNH’s yearly highs and lows, it’s 0.109% up from its 52-week low and 0.71% down from its 52-week high.
News about
- Eur/usd forex signal: bullish sentiment if it Zooms past 1.0750 – 21 March 2023. According to DailyForex on Tuesday, 21 March, "The EUR/USD exchange rate bounced back after falling to a low of 1.0522 on March 15. ", "The EUR/USD rose as the US dollar index slumped to $103 and American indices like the Dow Jones and S&P 500 indices jumped by almost 1%. "
- Eur/usd climbs above 1.0700 on risk-on mood, soft US dollar. According to FXStreet on Tuesday, 21 March, "Therefore, the EUR/USD initial target profit would be 1.1000, but the EUR/USD needs to hurdle some resistance levels on its way north.", "At the time of writing, the EUR/USD is trading at 1.0774 after hitting a low of 1.0703."
- Eur/usd price analysis: pair revisits descending trendline at 1.0720 level before FOMC meeting. According to FXStreet on Tuesday, 21 March, "The three-day bullish rally for EUR/USD has led to a retest of the descending trendline that originates from February’s high at the 1.1036 level.", "A convincing break below this point could send EUR/USD down to the multi-month low of 1.0525, the last line of support."
- Eur/usd aptly portrays pre-fed anxiety below 1.0800, ecb’s lagarde eyed too. According to FXStreet on Wednesday, 22 March, "Although a clear upside break of 50-DMA, around 1.0730, keeps EUR/USD buyers hopeful, a three-week-old resistance line, near 1.0800 at the latest, prods the Euro pair’s further upside.", "Looking ahead, ECB President Christine Lagarde’s comments could entertain EUR/USD traders ahead of the all-important Federal Open Market Committee(FOMC) monetary policy meeting."
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