USD/CNH Went Up By Over 2% In The Last 21 Sessions

(VIANEWS) – USD/CNH (USDCNH) has been up by 2.23% for the last 21 sessions. At 05:11 EST on Monday, 22 May, USD/CNH (USDCNH) is $7.04.

USD/CNH’s yearly highs and lows, it’s 0.354% up from its 52-week low and 0.099% down from its 52-week high.

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  • Usd/jpy price analysis: slumps from weekly highs as bearish-engulfing candle pattern looms. According to FXStreet on Saturday, 20 May, "The Relative Strength Index (RSI) indicator remains in bullish territory but aims lower, which could put a lid on the USD/JPY fall. ", "The USD/JPY remains upward biased, but a bearish candlestick formation could open the door for further losses. "
  • Usd/jpy price analysis: sellers attack previous resistance with eyes on 137.10. According to FXStreet on Monday, 22 May, "On the flip side, USD/JPY recovery may initially aim for the latest swing high of near 138.75.", "Should the USD/JPY bulls keep the reins past 140.00, an upward trajectory towards the 61.8% Fibonacci retracement level near 142.50 can’t be ruled out."

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