USDCNH - SHORTUSDCNH currency pair will look to break under the 7 mark this week.Shortby MotlatsiQhena5
USDCNH approaching support, potential for a bounce! USDCNH is expected to drop to 1st support at 10.67524 where it could potentially react off and up to 1st resistance at 10.74484. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Longby Tickmill7
USDCNH bounced from support, potential for a further rise! USDCNH bounced off 7.05036 where it could potentially rise further to 7.10789. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Longby Tickmill8
USD/CNH: Revisit short in USDCNHWith US and China likely to have found a temporary truce in their Trade War till the APEC meeting in Nov, and USDCNH trading into the daily Ichimoku cloud, the time to re-visit a short in USDCNH may soon be at hand!Shortby TrackRecordTrading3
its a buy acording to my analysis because it forms a H and Sthere is a pennent on h4 and a shoulder head and shoulders patter givin us a valid reason to go long Longby kaloxa10
USDCNH HEAD & SHOULDER USDCNH form Head & Shoulder Bearish pattern Nick Line already broken but some up correction wave push price up , now price fulling down to continue bearish direction Volume Profile show all areas could hold price a while by MMFXSignals2
Tradeagreement? This chart tells a different storyReportedly China and the US have agreed on phase 1 of a trade agreement. China agreed to not further devalue its currency and buy more soy beans from the US. However this agreement has not been signed so far. Looking at the USD/CHN chart it looks like this story will be a different one. CNH has significantly weakened and broken out to the upside a 3 wave pullback ABC should now be in play with the trade talks. However after it looks like as we have formed a valid and significant break to the upside which should resume the direction to the upside once the abc pullback has finished, meaning the CNH will further devalue compared to the Dollar. by JonasBenjaminFriedrich2
USDCNH Short Head and Shoulders + DivergenceAfter the pairs highest notation ever on 3rd of September, the USDCHN has come down a bit and lost momentum. If we look at the RSI we can see a divergence, suggesting that the momentum is lost and it will come down further. It has also formed a very nice Head-and-Shoulders pattern and is about to break the neckline, with a target of 6.95000 - a nice even number coinciding with previous structure and is about the length of Head-to-Neckline.Shortby SejdrUpdated 0