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CHINESE YUAN / U.S. DOLLAR

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CNYUSD trade ideas

The Dragon, The Eagle And The Elephant Investors seem to have started shifting their focus from equities and rates onto the US dollar. We believe that if this dollar rally accelerates it will be a major headache for emerging markets i.e. China, India, and Russia. In part 1 of this report I would like to talk about the Dragon the Eagle and The Elephant, first let’s start with the dragon; China.Over the first few months of 2018, we observed that the PMI’s (leading economic indicator) of China had peaked resulting in a slowdown in the Chinese economy as an economy slows down the prices of commodities tends to follow to the downside. Read more at www.patreon.com
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by couragepharm
USDCNY - Weekly - Very interesting...What other better currency pair to observe during these unnecessary tensions, between the world's two largest economies, then USDCNY. We are close to the August 2015 important area at around 6.20, when China devalued its currency, which led to a huge spike higher, moving the pair from around 6.20 to 6.96 area against the US Dollar. This move higher took almost one and half years to complete. Since January 2017 the pair was gradually declining and it is almost back at the same level, where it was before August 2015. Currently, USDCNY is within a small range, but that could change soon, due to the political unrest between the two countries. Watch the levels carefully, take a position you think is best and don't forget your stops!
by JFD_Research
I'll be short! C'mon the USANice short opportunity where, we have seen our big bull run last year and have now been in a downward trend for quite some time. You will see on chart the ascending triangle is formed and we are nearly 2 thirds of the way through trading this triangle where indicators are telling us we will break low and continue on a downward trend. This has huge upside and minimal risk, short break of ascending triangle and target at 5.70. This trade will take a few days to develop we are entering into the break zone now and will of course break before the apex. This has amazing upside potential anywhere from 10-12% within a 30 day duration. Cash Is King, we all know it so let's trade. Follow for your daily signals
Short
by Cash-is-King
appl and the dollar yuanNoticing something, apple costs in China will skyrocket if this pair dips much lower, and that is the Trump design, get that dollar lower against other currencies, so it makes more sense to manufacture at home in the usa. China is the big one, and this pair is key, and all those who profited from Chinese lower manufacturing costs, will now have to take the hit. So Dow30 and other S&P big chips gonna feel it in the EPS, unless, and they will, buy back stock with all that repatrioted cash coming back, to support stock price for a while.
Short
by claydoctor
1