USD/CNH (USDCNH) is currently on bullish momentum. At 11:08 EST on Tuesday, 27 July, USD/CNH (USDCNH) is at 6.5192, 0.5728% up since the last session’s close.
USD/CNH (USDCNH) Range
Concerning USD/CNH’s daily highs and lows, it’s 0.641% up from its trailing 24 hours low of $6.48 and 0.543% up from its trailing 24 hours high of $6.48.
USD/CNH’s yearly highs and lows, it’s 0.725% up from its 52-week low and 0.049% 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 oversold (<=20).
News about EUR/USD
Eur/usd stays sluggish around 1.1800, US durable goods orders eyed. According to FXStreet on Tuesday, 27 July, "Looking forward, US CB Consumer Confidence, Housing Price Index and Durable Goods Orders will be the key for EUR/USD traders ahead of Wednesday’s Federal Open Market Committee (FOMC) meeting. ", "Despite struggling of late, a clear break of a monthly resistance line, now support, keeps EUR/USD bulls hopeful until the quote stays beyond 1.1790. "
Eur/usd holds gains above 1.1750 amid risk on mood, USD slips. According to FXStreet on Monday, 26 July, "At the time of writing, the EUR/USD pair is trading at 1.1772, up 0.01% for the day."
Eur/usd on a firmer footing, approaches 1.1800. According to FXStreet on Monday, 26 July, "The single currency leaves part of the recent selling pressure behind and now pushes EUR/USD closer to the key 1.1800 neighbourhood on Monday.", "After two consecutive daily pullbacks, EUR/USD now regains the smile and looks to retake the area further north of the 1.1800 mark in a context favourable to the risk-associated universe."
Eur/usd recoups 1.1800 mark amid USD weakness. According to FXStreet on Tuesday, 27 July, "At the time of writing, the EUR/USD pair is trading at 1.1804, up 0.04% for the day."
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