All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase)
Status : TARGET REACHED
Simple chart
Riding the Trend: USDCNH Shows Dollar Strength Set to
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All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase)
Status : TARGET REACHED
Simple chart
The bullish trend is currently very strong on USD/CNH. As long as the price remains above the support at 7.28580 CNH, you
Status : TARGET REACHED
Simple chart
Dollar-yuan’s momentum decreases after better Chinese
Much stronger GDP and exports from China gave some support to the offshore yuan in the last few days but not enough to
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Buyers are still in Control on Renminbi (USDCNH)
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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
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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
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
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
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Renminbi (USDCNH) Bullish Corrective Sequence is still
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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