(VIANEWS) – USD/CNH (USDCNH) is currently on bullish momentum. At 18:06 EST on Sunday, 25 September, USD/CNH (USDCNH) is at 7.1369, 0.7791% up since the last session’s close.

USD/CNH (USDCNH) Range

Concerning USD/CNH’s daily highs and lows, it’s 0.852% up from its trailing 24 hours low of $7.08 and 0.762% up from its trailing 24 hours high of $7.08.

USD/CNH’s yearly highs and lows, it’s 0.09% up from its 52-week low and 0.001% 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 likely to continue moving lower, targeting 0.95 in 12 months – danske bank. According to FXStreet on Friday, 23 September, "They forecast the EUR/USD pair at 0.96 in a trhee months period and at 0.95 in a year.", "The key risk to shift EUR/USD towards 1.15 is seeing global inflation pressures fade and industrial production increase. "
  • Eur/usd plummets to two-decade lows, at around 0.9700 on risk aversion. According to FXStreet on Friday, 23 September, "The EUR/USD nosedives below the 0.9800 figure, extending its losses towards the 0.9700 figure, below its opening price by 1.32%, triggered by traders’ worries that Fed’s aggression would tip the US economy into a recession, while the UK announced a plan aimed to lift stimulate the economy.", "The EUR/USD is falling off the cliff after reaching a daily high of 0.9851, but the aforementioned factors shifted sentiment sour. "
  • Eur/usd could fall as low as 0.90 in the months ahead – nordea. According to FXStreet on Friday, 23 September, "In their view, the EUR/USD pair could plunge towards the 0.90 level on the back of risk-off.", "We see EUR/USD down to 0.95 towards year-end, but cannot exclude moves as low as 0.90 in the months ahead."

More news about USD/CNH (USDCNH).

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