USDCNHMULTI TIME-FRAME ANALYSIS DONE. TRADE SHOULD ONLY BE TAKEN IF IT FITS YOUR IDEA OR PLAN. TRADE SMART. Shortby Billion_Pips114
USD/CNH Trading Plan BUY - Riks Reward 1:4 - LongtermUSD/CNH Trading Plan BUY - Riks Reward 1:4 - LongtermLongby ekopurdanaUpdated 115
USDCNH - which one of ABCDE will we get here?Looking for one of the possible ABCDE moves here. On larger time frames I marked area where it would reach, if will turn south (see below). So let's go chasing some other pair and come back to this one later and see what will be plotted. Daily: 4h: Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)Shortby rludvik227
USDCNHWeekly chart we have an expanded falling wedge H1/H4 we have a bullish wedge Breakout and we may see some descent buys up thereLongby Edwine_Okothi113
USDCNH, 1D USDCNH, 1D Entering Channel (Upper Bound: Parallel Channel , Lower Bound: Parallel Channel) shortShortby almashwaly113
USDCNH Bullish Wedge with Long SetupThe Bullish Falling Wedge in the USDCNH pair has broken upwards, but in the overbought Long Signal. Therefore, in order not to forget, I think the stop level should be kept a little wide. Coronavirus is among the conditions that adversely affect the currency. I hope this situation is taken in the name of control without further threatening the health of people. This analysis may be more risk-free under the following parameters: Risk/Reward Ratio : 1.32 Position Size < %1 Stop-Loss : 6.93151 Goal : 7.0551 Regards.Longby NoldoUpdated 1111
USD/CNH will continue to move higher after it broke outThe pair will continue to move higher after it broke out from a downtrend channel resistance line. The US Federal Reserve hold onto its current benchmark interest rate of 1.75%. Fed Chair Jerome Powell said America’s economic outlook had gotten stronger. This was amid the signing of the phase one trade deal between the United States and China. However, the central bank might reassess this claim following the economic threat posed by coronavirus. The COVID-19 began to make headlines in mid-January. The virus originated from Wuhan, China and many analysts warned of its economic implications. The US is a tourist destination for many Chinese nationals. There are 2.84 million Chinese who visited America in 2019 and projection shows it will boom to 3.52 million by 2024. However, the effect on China’s economy will be bigger. The sluggish Chinese economy will further slow with the spread of coronavirus.Longby Financebroker116
Welcome to the trade war! Montly chart of usdchn, we're just in the beginning of a trade war, future is not bright. Follow lines for target point and stop. Longby omurden116
Go Long USDCNHThe price broke the down channel, wait for the price retrace to the support zone and trendline then go Long. Good luck AllLongby QFxTrader114
USDCNH - quick longEntered on breakout (could do better), aiming for 7.05. Just raised SL below previous lows. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)Longby rludvikUpdated 5
The Chinese Yuan Devaluation It appears that the Chinese Yuan is to devalue (much) more. Fundamentally, the Chinese governement is coming up with countermeasures to offset the effects of the SARS-CoV-2 virus outbreak; which has also disrupted global trade activities. Technically, the USDCNH chart is on the verge of a break out, with MACD and OBV poised for support. Target for USDCNH is 7.15 as marked out in the chart. Watch the daily chart for the soon to happen breakout...by AuguraltraderUpdated 113
USDCORONAviruschanneling down due to the virus and the loss usd could have with the cuts of usd GDP by ValonSaliju112
USDCNH waiting for confirmationClose above OB which is also the break of diagonal line, we buy the long retest. Lose that temporary support, we go shortby blackswanhaven115
Is There a Virus?The yuan is strengthening for months already but has lost some ground since January. However there was just a false break above the declining trendline which may mean that the correction is over. Having in mind the coronavirus the strengt of the yuan is impressing.Shortby motleifaulUpdated 227