Londinia Opportunities Analyses - 03/20/2025 (GMT) USD/CNH - 1H
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
- FX/Indices
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 7.24137 CNH
My targets
7.26968 CNH (+0.02015)
7.30540 CNH (+0.05587)
My analysis
The bullish trend is currently very strong on USD/CNH. As long as the price remains above the support at 7.24137 CNH, you could try to benefit from the boom. The first bullish objective is located at 7.26968 CNH. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 7.30540 CNH as an objective. Crossing it would then enable buyers to target 7.36556 CNH. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.9
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Additional analysis
Quotes
The USD/CNH rating is 7.24953 CNH. The price has increased by +0.29% since the last closing and was traded between 7.22632 CNH and 7.24979 CNH over the period. The price is currently at +0.32% from its lowest and +0.00% from its highest.7.22632
7.24979
7.24953
Here is a more detailed summary of the historical variations registered by USD/CNH:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of USD/CNH in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Moving Average bullish crossovers : MA50 & MA100
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 2 (Daily)
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point (Daily)
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 7.22525 | 7.22933 | 7.24137 | 7.24953 | 7.25438 | 7.26968 | 7.27491 |
| Change (%) | -0.33% | -0.28% | -0.11% | - | +0.07% | +0.28% | +0.35% |
| Change | -0.02428 | -0.02020 | -0.00816 | - | +0.00485 | +0.02015 | +0.02538 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.21058 | 7.21923 | 7.22401 | 7.23266 | 7.23744 | 7.24609 | 7.25087 |
| Camarilla | 7.22511 | 7.22634 | 7.22757 | 7.22880 | 7.23003 | 7.23126 | 7.23249 |
| Woodie | 7.20866 | 7.21826 | 7.22209 | 7.23169 | 7.23552 | 7.24512 | 7.24895 |
| Fibonacci | 7.21923 | 7.22436 | 7.22753 | 7.23266 | 7.23779 | 7.24096 | 7.24609 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.15801 | 7.18682 | 7.21207 | 7.24088 | 7.26613 | 7.29494 | 7.32019 |
| Camarilla | 7.22246 | 7.22742 | 7.23238 | 7.23733 | 7.24229 | 7.24724 | 7.25220 |
| Woodie | 7.15624 | 7.18593 | 7.21030 | 7.23999 | 7.26436 | 7.29405 | 7.31842 |
| Fibonacci | 7.18682 | 7.20747 | 7.22023 | 7.24088 | 7.26153 | 7.27429 | 7.29494 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.08178 | 7.15382 | 7.22391 | 7.29595 | 7.36604 | 7.43808 | 7.50817 |
| Camarilla | 7.25490 | 7.26793 | 7.28096 | 7.29399 | 7.30702 | 7.32005 | 7.33308 |
| Woodie | 7.08080 | 7.15333 | 7.22293 | 7.29546 | 7.36506 | 7.43759 | 7.50719 |
| Fibonacci | 7.15382 | 7.20812 | 7.24166 | 7.29595 | 7.35025 | 7.38379 | 7.43808 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 71.48 | |
| MACD (12,26,9): | 0.0038 | |
| Directional Movement: | 20.55242 | |
| AROON (14): | 64.28572 | |
| DEMA (21): | 7.24395 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.24043 | |
| Elder Ray (13): | 0.00605 | |
| Super Trend (3,10): | 7.23731 | |
| Zig ZAG (10): | 7.24814 | |
| VORTEX (21): | 1.1837 | |
| Stochastique (14,3,5): | 91.58 | |
| TEMA (21): | 7.24673 | |
| Williams %R (14): | -7.37 | |
| Chande Momentum Oscillator (20): | 0.02109 | |
| Repulse (5,40,3): | 0.0261 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0043 | |
| Courbe Coppock: | 0.38 |
| MA7: | 7.23701 | |
| MA20: | 7.25288 | |
| MA50: | 7.27864 | |
| MA100: | 7.27002 | |
| MAexp7: | 7.24488 | |
| MAexp20: | 7.23966 | |
| MAexp50: | 7.23625 | |
| MAexp100: | 7.23606 | |
| Price / MA7: | +0.17% | |
| Price / MA20: | -0.05% | |
| Price / MA50: | -0.40% | |
| Price / MA100: | -0.28% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | +0.14% | |
| Price / MAexp50: | +0.18% | |
| Price / MAexp100: | +0.19% |
Quotes :
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Real time data
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Forex
News
The latest news and videos published on USD/CNH at the time of the analysis were as follows:
-
USD/CNH Forecast November 20, 2024
-
USD/CNH Forecast October 30, 2024
-
USD/CNH Forecast October 14, 2024
-
USD/CNH Forecast September 5, 2024
-
USD/CNH Forecast August 30, 2024