usdcny longit seems USD getting stronger specially after trump reelection. if you want to go long on it, it is better to wait for a breakout above 7.3400
USDCNY Bearish Leg confirmed after this 1D MA50 failure.The USDCNY pair has technically topped as it broke below its 1D MA50 (blue trend-line) and upon a re-test, it got rejected. This test-and-fail pattern is seen during both previous Bearish Legs in the past 15 months.
Even the 1D RSI is identical among all three fractals and they both ended up declin
Can the Yuan Dance to a New Tune?In the intricate ballet of global finance, the Chinese yuan performs a delicate maneuver. As Donald Trump's presidency introduces new variables with potential tariff hikes, the yuan faces depreciation pressures against a strengthening U.S. dollar. This dynamic challenges Beijing's economic strategis
usdcny 7.27 levelFX_IDC:USDCNY
note: don't trade with this suggestion, please trade with your own responsibility.
Cycles on the 322 continued0: Apr 20 2020 :: Covid
1: Mar 08 2021 :: Bull Market Shock
2: Jan 24 2022 :: __Hikes__
3: Dec 12 2022 :: FX Blowup - Gilts/Evergrand
4: Oct 30 2023 :: Bond peak
5: Sep 16 2024 :: __Cuts__
6: Aug 04 2025 ::
7: Jun 22 2026 ::
USDCNH : Potential 3 of 3Following up on the development, if the count is valid, the exuberant downside thrust should occur fulfilling its fifth way down in its primary degree.
USDCNY, DailyBeyond recent changes in monetary policy, the yuan has received some support from news that major Chinese banks have been actively selling dollars to try to support the currency. The market is waiting for further details on the fiscal stimulus announced last month.
The 38.2% weekly Fibonacci retrac
USDCNY Brace for a cyclical 1-year sell-off.The USDCNY pair is almost on a 3-month decline after a Lower Highs rejection early in July. Having broken below its 1W MA50 (blue trend-line) the same month, which was the long-term Support, this Lower Highs is a standard cyclical top formation that has shown up both on the May 2020 and 2017 tops.
YUAN - USD, Correlation with BitcoinA part from 2019 when monetary conditions were actually similar to today (FED first cut), the chinese Yuan and USD chart has been a good indicator for BTC/Crypto price action.
Pray that this time things are going in the right direction, with the USD losing purchasing power, China printing, and Cryp
CNY/USD Trend since 06 2007. Channel. Reversal zone.Logarithm. Time frame 1 week. At the moment, the currency is stronger than the dollar.
The main trend is a descending channel. The price is in it now.
Secondary trend — breakout of the descending trend line. Price growth to the median of the channel, and in case of its breakthrough, to the res
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Displays a symbol's price movements over previous years to identify recurring trends.