USD/CNH Went Up By Over 1% In The Last 5 Sessions

(VIANEWS) – USD/CNH (USDCNH) has been up by 1.05% for the last 5 sessions. At 20:08 EST on Tuesday, 9 April, USD/CNH (USDCNH) is $7.24.

USD/CNH’s yearly highs and lows, it’s 0.036% up from its 52-week low and 0.001% down from its 52-week high.

News about

  • Eur/usd holds above 1.0860, eyes on US cpi, ECB rate decision. According to FXStreet on Monday, 8 April, "The EUR/USD pair posts modest gains around 1.0860 during the early Asian session on Tuesday. "
  • Eur/usd trades with modest losses amid stronger usd, holds above 1.0800 mark. According to FXStreet on Monday, 8 April, "The EUR/USD pair struggles to capitalize on Friday’s goodish rebound of around 50 pips from sub-1.0800 levels and meets with a fresh supply during the Asian session on Monday. ", "This, along with the European Central Bank (ECB) meeting on Thursday, should provide some meaningful impetus to the EUR/USD pair."
  • Eur/usd penned in as traders await US CPI. According to FXStreet on Tuesday, 9 April, "Horvat uses Elliott Wave analysis, a type of cycle theory, and expects EUR/USD to continue its rally up to 1.0920 before the ECB meeting on Thursday.", "US yields are highly correlated to the US Dollar and, therefore, negatively correlated with the EUR/USD pair. "
  • Eur/usd rebounds to 1.0850 as market sentiment improves, US inflation in focus. According to FXStreet on Monday, 8 April, "The EUR/USD pair bounces back to 1.0850 in Monday’s early American session as appeal for risky assets improve. "
  • Eur/usd forex signal: consolidating below $1.0848 – 08 April 2024. According to DailyForex on Monday, 8 April, "My previous EUR/USD signal on 26thMarchproduced a profitable short trade from the resistance level which I had identified at $1.0855.", "In my previous analysis ofthe EUR/USD currency pairalmost two weeks ago, I wrote that although there was a descending trend line above, as there were several support and resistance levels so close by, the price was likely to range and be prone to reversals. "

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