OFFSHORE CHINESE YUAN / U.S. DOLLAR forum
USDCNH global conflict map showing activity between China and Japan. Who do you think the USA would back? My bet is the underdog in the fight.
USDCNH I have been watching sentiment on this for a VERY VERY long time.. years and years I have never seen it this biased in so so long ago I am shorting this like a summamma beetch!
USDCNH is anyone even looking at this pair?
USDCNH Since last analysis, the quotes have grown by an insignificant 0.5% and now an observation has been occurred Idea:Just a quick note on the outlo…
USDCNH Reflections based on CME Exchange data, just click Idea:Just a quick note on the outlo…
USDCNH ren looks stuffed medium term. inflation has collapsed in China. rates are getting cut. The banks are being ordered to support the ren. At some point this house of cards is going to get kicked in the butt. How long can the ren stave off devaluation? The "fundamentals" are screaming at it to go down. The only question is how far is China willing to go to defend it? Will we see another 2015 style situation?
USDCNH Going long and targeting $7.34. I see the dollar getting stronger here and this pair testing ATH #Bullish
USDCNH Have been following since my post below and here we are, price at my next area of value and what do we have - seemingly a bullflag in a downtrend?? OK - follow price. US PMI tomorrow should get things going. Personally I would like to see a bad PMI, price moves down and then immediately gets pulled back up, telling me that bulllish interest is here. We shall see...
USDCNH My 4H short idea before was the correct call but I was a tad early. Got stopped by just a couple of pips before we saw the drop - gutted. I'm now left to watch from the sidelines until price comes to the next area of value
