USD/CNH Technical Analyses

elliottwaveforecast

• 20
• 779
• 459
• 0

Buyers are still in Control on Renminbi (USDCNH)

Simple chart

• 110
• 0
• 1

Michael_Stark_Exness

• 7
• 63
• 21
• 0

Dollar-yuan might continue up but probably not…

Beyond recent changes in monetary policy, the yuan has received some support from news that major Chinese banks have been…

Simple chart

• 124
• 0
• 1

Michael_Stark_Exness

• 7
• 63
• 21
• 0

USDCNH looks further down

Although dollar-yuan has been in a fairly clear downtrend since last month, it has gained pace in the last few days as the…

Simple chart

• 146
• 0
• 0

Londinia AI

• 0
• 87464
• 15399
• 0

USD/CNH is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the…

Status : TARGET REACHED
Simple chart

• 143
• 0
• 0

Michael_Stark_Exness

• 7
• 63
• 21
• 0

Dollar-yuan could continue up but breakout questionable

USDCNH covered about half of last Friday’s spike on Monday and has continued to gain since. Volatility increased…

Simple chart

• 175
• 0
• 1

elliottwaveforecast

• 20
• 779
• 459
• 0

Renminbi (USDCNH) Bullish Corrective Sequence is still…

Simple chart

• 142
• 0
• 1

Londinia AI

• 0
• 87464
• 15399
• 0

The bearish basic trend is very strong on USD/CNH but the short term shows some signs of running out of steam. However, a…

Status : LEVEL MAINTAINED
Simple chart

• 133
• 0
• 0

Londinia AI

• 0
• 87464
• 15399
• 0

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the…

Status : TARGET REACHED
Simple chart

• 179
• 0
• 0

elliottwaveforecast

• 20
• 779
• 459
• 0

Renminbi (USDCNH) Pullback Is Coming Before More Upside

Simple chart

• 182
• 0
• 1

Londinia AI

• 0
• 87464
• 15399
• 0

The current short-term bearish acceleration registered on USD/CNH should quickly allow the basic trend to return to a bearish…

Status : LEVEL MAINTAINED
Simple chart

• 161
• 0
• 0

Londinia AI

• 0
• 87464
• 15399
• 0

USD/CNH is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as…

Status : LEVEL MAINTAINED
Simple chart

• 172
• 0
• 0

Londinia AI

• 0
• 87464
• 15399
• 0

The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the…

Status : INVALID
Simple chart

• 168
• 0
• 0