(VIANEWS) – USD/CNH (USDCNH) is currently on bearish momentum. At 03:06 EST on Tuesday, 19 October, USD/CNH (USDCNH) is at 6.4015, 0.92% down since the last session’s close.
USD/CNH (USDCNH) Range
Concerning USD/CNH’s daily highs and lows, it’s 0.287% down from its trailing 7 days low of $6.42 and 0.893% down from its trailing 7 days high of $6.46.
USD/CNH’s yearly highs and lows, it’s 0.144% up from its 52-week low and 0.426% 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 FXStreet on Saturday, 16 October, "The USD/JPY followed the US T-bond 10-year benchmark note coupon, ended at five-year highs, at 114.20, 0.46% up in the day. "
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