(VIANEWS) – USD/CNH (USDCNH) is currently on bearish momentum. At 16:06 EST on Tuesday, 19 October, USD/CNH (USDCNH) is at 6.3748, 0.7822% down since the last session’s close.

USD/CNH (USDCNH) Range

Concerning USD/CNH’s daily highs and lows, it’s 0.729% down from its trailing 24 hours low of $6.42 and 0.828% down from its trailing 24 hours high of $6.43.

USD/CNH’s yearly highs and lows, it’s 0.174% up from its 52-week low and 0.842% 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

  • Usd/jpy to push above the 115.00 level amid the energy crisis – ING. According to FXStreet on Monday, 18 October, "The USD/JPY pair will also find support from US yields, where our rates team still expect a further rise as market tightening expectations move towards those of the Fed.", "Any wider deficit could provide USD/JPY with the nudge through 115.00 as the market sinks its teeth into the energy dependence story."
  • According to DailyForex on Tuesday, 19 October, "The USD/JPY currency pair remains near its 3-year high and looks somewhat likely to hit still higher prices over the coming days. "
  • Usd/jpy break above 114.50 opens the door towards 115.00. According to FXStreet on Monday, 18 October, "According to ING analysts: "the USD/JPY pair will also find support from US yields, where our rates team still expect a further rise as market tightening expectations move towards those of the Fed.", "Any wider deficit could provide USD/JPY with the nudge through 115.00 as the market sinks its teeth into the energy dependence story."

More news about USD/CNH (USDCNH).

LEAVE A REPLY

Please enter your comment!
Please enter your name here