29.06.2025 #USDCNHBUY 7.16250 | STOP 7.14850 | TAKE 7.17950 | The US dollar is likely to rise against the yuan amid political factors and the publication of data on business activity in the non-manufacturing sector (PMI) in China. Technically, the pair has approached and is consolidating around medium-term support le
About US Dollar vs Chinese Yuan
The U.S. Dollar vs. the offshore Chinese Renminbi. The Renminbi (CNH) is the designation used when the currency is traded offshore. It often referred as the Yuan and uses the letters CNY when traded inside China. China is the world’s second largest economy behind the U.S. but is the world’s largest exporter.
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USD/CNH coiling for a breakdown?Over the past several days, the USD/CNH has been coiling inside a tight range, awaiting direction from the oil market. Well oil prices collapsed, and down went the dollar and up went risk assets. The net impact on the yuan was positive. The USD/CNH pair has weakened a little bit more today. If it ca
USD/CNH: The Trade War Pressure Point
USD/CNH is at the centre of the tariff war. A three-year resistance zone near 7.35/7.32 has failed once again. This repeated failure shows strategic resistance by Chinese policymakers or macro selling pressure.
Support Levels: 7.27 and 7.25 must hold. A drop through these levels could spark a move
US-China Trade War: Impacts on Financial Markets
The trade war between the United States and China has reached unprecedented levels, with the imposition of reciprocal tariffs that are upsetting the global economic balance. China has recently increased tariffs on American products up to 50%, while President Trump has temporarily suspended tariffs
USDCNH - 30 months ASCENDING TRIANGLE══════════════════════════════
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Time ot use Forward or Option to buy USDCNHThe offshore Chinese yuan (USDCNH) has tested the 7.37 level for the fourth time since October 2022, signaling a potential breakout. Historically, such scenarios often lead to interest rate hikes, as seen with currencies like the Turkish lira, Russian ruble, and Argentine peso during periods of spec
USDCNH Tests Key Pattern Resistance on PBOC’s Loose Yuan FixThe trade war between China and the U.S. is escalating, and the Chinese yuan is starting to feel the pressure. After the U.S. raised tariffs to a total of 54%, China responded with a 34% increase of its own. Now, Trump has threatened an additional 50% tariff hike if China doesn’t withdraw its retali
China: 34% Tariffs Against US, Impact on Forex Market
Hello, I am Forex Trader Andrea Russo and today I want to talk to you about China's response to US Tariffs. China's recent decision to impose 34% counter-tariffs on US products represents a significant development in trade tensions between the world's two largest economies. This move, which will t
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The value of the USDCNH pair is quoted as 1 USD per x CNH. For example, if the pair is trading at 1.50, it means it takes 1.5 CNH to buy 1 USD.
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