(VIANEWS) – USD/CNH (USDCNH) has been up by 1.29% for the last 10 sessions. At 08:09 EST on Wednesday, 17 January, USD/CNH (USDCNH) is $7.22.
USD/CNH’s yearly highs and lows, it’s 0.151% up from its 52-week low and 0.154% down from its 52-week high.
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- Usd/jpy analysis: completing the upward bounce – 16 January 2024. According to DailyForex on Tuesday, 16 January, "On the other hand, bullish expectations will be affected if the USD/JPY pair price returns below the support at 144.20. "
- According to FXStreet on Monday, 15 January, "In Japan, the release of Producer Prices should shed extra details on the inflationary scenario in the country, while USD/JPY managed to reverse two sessions of losses and revisit the proximity of the 146.00 barrier on Monday."
- Usd/jpy climbs in light trading and faces resistance at around 146.00. According to FXStreet on Monday, 15 January, "The daily chart portrays the pair at the brisk of shifting bullish, as the USD/JPY spot price is near the bottom of the Ichimoku Cloud (Kumo). ", "The USD/JPY climbed late in the North American session on Monday amid low volume conditions as the United States (US) financial markets remained closed on Martin Luther King Day. "
- Usd/jpy analysis: moving inside an upward channel – 15 January 2024. According to DailyForex on Monday, 15 January, "In the near term, and according to the performance on the hourly chart, it appears that the USD/JPY currency pair is trading within a descending channel. ", "In the long term, and according to the performance on the daily chart, it appears that the USD/JPY currency pair is trading within an upward channel. "
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