(VIANEWS) – USD/CNH (USDCNH) is currently on bearish momentum. At 17:06 EST on Sunday, 22 May, USD/CNH (USDCNH) is at 6.6885, 0.6063% down since the last session’s close.


About USD/CNH’s daily highs and lows, it’s 0.458% down from its trailing 24 hours low of $6.72 and 0.552% down from its trailing 24 hours high of $6.73.

USD/CNH’s yearly highs and lows, it’s 0% down from its 52-week low and 0.1% 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 EUR/USD

  • Eur/usd skids to near 1.0550 as risk-on impulse fades, eurozone consumer confidence eyed. According to FXStreet on Friday, 20 May, "The EUR/USD pair has witnessed a minor fall after breaching the early Asian session’s consolidation formed in a narrow range of 1.0579-1.0588 as the risk-off impulse rebounded. "
  • Eur/usd surges towards 1.0580 as bulls ignore a risk-off mood, post-ecb minutes. According to FXStreet on Thursday, 19 May, "On the flip side, a slide of the EUR/USD below the 20-DMA at 1.0532 would see the 1.0500 figure as the first support. ", "The EUR/USD finally reclaimed the 20-day moving average (DMA), a level last conquered at the beginning of April. "
  • Eur/usd forex signal: weakly bullish above $1.0457 – 19 May 2022. According to DailyForex on Thursday, 19 May, "My previous EUR/USD signal on 12th May might have produced a losing long trade from the bullish inside bar which rejected the support level I had identified at $1.0427."
  • Eur/usd extends gains to the 1.0600 area, now supported by wall street. According to FXStreet on Thursday, 19 May, "The EUR/USD has constantly been rising since early European session and recently printed a fresh daily high at 1.0598. ", "The outlook for the EUR/USD is improving even with the current environment of volatility and cautious markets. "
  • Eur/usd bulls knock 1.0500 on softer usd, ECB meeting accounts eyed. According to FXStreet on Thursday, 19 May, "Moving on, ECB Meeting Accounts will be closely observed for clear hints over the time and pace of the rate hike as markets cheer the July move, which in turn could propel the EUR/USD prices in case meeting expectations.", "A sustained bounce off the previous resistance line from March 31, around 1.0450 by the press time, directs EUR/USD buyers towards the 21-DMA hurdle surrounding 1.0560. "

More news about USD/CNH (USDCNH).


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