Another lower low? Key zone of USDCNHI am expecting the recent high being taken out but the trend is clearly still down trend. I draw a possible reverse pattern on the chart.. IF the recent high couldn't be penetrated, then the downtrend will continue. The nearest zone that would stop it was way below 6.40. Way down there! Uby JICPTUpdated 1
USDCNH Bear TrendIt's been a while since I checked on this one, USDCNH is bearish towards 6.5444. Attention to entry is required for a bullish rejection, because 6.5800 is not clear at this time. Bearish interests, UC, -2hrly with caution. *Thank you, happy trading and all the best. At this profile page, the shared analysis, ideas and also, the strategy of a chart belong to Khiwe. The technical set-ups are speculative, they are not guaranteed for accuracy or in completeness in the form of any content; -it is not to advice on financial markets. Please apply your own analysis and confirm it with price action. UShortby KhiwePublished 0
#USDCNH short4h time frame: down trend 1h time: forming a ABCD pattern it seems starting a new downtrend.UShortby lzaflobaPublished 1
Another LowThe knife is falling with good momentum and has just reached a new low.UShortby motleifaulUpdated 0
USDCNH D1The US dollar, in anticipation of the presidential elections in the country, has weakened strongly against many world currencies. The Chinese yuan is no exception. Moreover, it was against the Chinese currency that the dollar made one of the strongest devolutions. The exchange rate of these currency pairs is one of the main indicators of the world economy. Because these are the first two economies in the world. Also, the fall in the dollar was influenced by the unstable situation in the country associated with massive protests and huge outbreaks of the Corono virus. America has had some of the highest disease rates. But after the elections, the situation began to stabilize little by little. And the dollar rate began remission. Also, the strengthening of the dollar may be affected by the future stay of OPEC. On which, according to expectations, oil production may continue to decline.ULongby StrongBull777Published 2
USDCNH waiting for the Short position @23NovWaiting time.. no position for now.UShortby lebahsaham69Published 0
SHORT ON USDCNHUSDCNH has been dropping for sometime now. short term trade i am looking at how the area of 6.53623 reacts to the price. a break of this area will see a further push to the downsideShortby Mo_RashidPublished 0
USDCNH - LONG; BUY it up! This one is ready to go.This one is ready to go! Here is the "big picture" view. ... and the 4hr. ULongby Nemo_ConfidatUpdated 224
USDCNH double bottom , channel bottom too USDCNH can bounce here soon IMHO I use it as USD strength meter, when USDCNH up USD is strengthening all around generally ULongby ForexSealsPublished 110
This Is Flaming Dragon II ;) Yuan Is Clearly WinningHere the Euro view on the strength of the Yuan. The Euro is fairing quite a bit better then the US Dollar against the Yuan. Still the flaming dragon is in the air ;)Longby CarpeMomentumUpdated 1
This Is Flaming Dragon ;) Yuan Is Clearly WinningThe Yuan has clearly outpaced the US dollar . Over 8.5% increase in value vs. the USD since the pandemic. The Euro is also gaining on the USD. A lot of central bank games going on so it is very difficult to predict where the Yuan will go and if China will be able to sustain its current track. China in my view will sustain and an 8% in value vs. the US dollar is absolutely possible within the next 6 month.Longby CarpeMomentumPublished 1
SHORT On USDCNH USDCNH has rejected the previous strong S/R zone. it has also rejected the 50 MA acting as resistance too. a break of 6.5862 will see it move further down to the 6.5522 region.Shortby Mo_RashidPublished 0
Chinese Yuan will go UP! USDCNH in in the downtrend But will go UP to retest the resistance of the falling channel The pair is oversold and a correction is required! Buy! Like, comment and subscribe to boost your trading! See other ideas below too! ULongby TopTradingSignalsPublished 223
USDCNH looking for a retest of structure 🦐USDCNH after the break below a weekly support is consolidating over a daily support. The price is on a long bearish wave and never retraced back. IF the price will break and close above the daily structure, we can set a nice long order according to Plancton's strategy. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger. Leave a comment that is helpful or encouraging. Let's master the markets togetherLongby InkyGripPublished 228
View on USD/CNH (10/11)Price fails to break below the support level. However, taking a long set up now would be consider a counter trend trade but provides good R:R I am on the bullish side unless price breaks below 6.586 Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. I am not responsible for any liabilities arising from the result of your market involvement or individual trade activityLongby sonicrmasteryPublished 0
USDCNH - PRZ Convergence Potential Reciprocal AB=CD ( .786 - 1.272 ) , Harmonic Cypher Convergence PRZ. Double Top Measured Target. Triplet Support.ULongby Leo1LukePublished 0
USDCNH: market will open with gap in this zonepay attention because this pair look so good for short in market openUby lilmanchartPublished 0