(VIANEWS) – USD/CNH (USDCNH) has been up by 1.88% for the last 21 sessions. At 07:11 EST on Wednesday, 14 August, USD/CNH (USDCNH) is $7.14.
USD/CNH’s yearly highs and lows, it’s 0.014% up from its 52-week low and 0.25% 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 trims part of modest gains amid geopolitical risks, up a little around 146.75-80 area. According to FXStreet on Monday, 12 August, "This, in turn, contributes to keeping a lid on the USD/JPY pair amid relatively thin liquidity on the back of a holiday in Japan and absent relevant market-moving economic data.", "The USD/JPY pair attracts some dip-buyers on the first day of a new week, albeit struggles to find acceptance above the 147.00 mark and capitalize on the move up. "
- Usd/jpy price forecast: rises, yet struggles at 148.00. According to FXStreet on Monday, 12 August, "The USD/JPY is downward biased despite the uptick that saw the pair clear the 148.00 figure and hit a six-day high at 148.22 before reversing its course and tumbling below the Tenkan-Sen at 147.79.", "The Japanese Yen fails to gain traction late in the North American session versus the Greenback as the USD/JPY rises from last Friday’s daily low of 146.62 and trades at 147.28, up by 0.47%."
- Usd/jpy trades with mild losses near 147.00 ahead of US PPI data. According to FXStreet on Tuesday, 13 August, "The USD/JPY pair weakens to near 147.10 during the early Asian session on Tuesday. "
- According to FXStreet on Monday, 12 August, "A broad-base recovery in the Yen helped to drag USD/JPY down from multi-decade highs, sending the pair plunging below the 200-day Exponential Moving Average (EMA) at 151.84. "
- According to FXStreet on Monday, 12 August, "Further depreciation of the Japanese yen prompted USD/JPY to gather fresh impulse and surpass the 148.00 hurdle, although the pair faded a big chunk of that move towards the end of the day. "
More news about USD/CNH (USDCNH).
