Predictindex
Short

USDCNY 100% Will Drop Dec.2016

FX_IDC:USDCNY   U.S. DOLLAR / CHINESE YUAN
84 0 5
Yes, take my words.
Sell when price breaks the purple line, or else price will test upper grey line.
Recommend to short when price fail to stand above 6.90.

Fundamental:
1.USD---Bear will join to bring down the dollar as Trump's action scare out of investors.
1.1. When market is 99% sure of increasing interest rate, take the 1% side, because you will always win as the market manipulation is real.

2.CNY-Demand of CNY             will increase as investors are now able to trade with HK             (Hong Kong) Market.

Technically :AB=CD Finish.

Conclusion: No doubt CNY             will find some buyer on this level and say good buy with the strong $ for a while.
Comment: As Expected
Comment:
snapshot

Trade simple. Price drop 0.81% since this chart posted, and now just teasing the bear
Comment: Tested the purple line as expected, and failed
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out