CNH

What happened last time...: Clearly, we hit a very strong support... What's this? It's a Bird...It's a Plane... NO! It's the Chinese Renminbi making a double bottom on the monthly chart! And a higher LOW! WOW! The US are turning socialist and the FED have DESTROYED the us dollar. It...

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Looks like China's on the move by devaluing their currency against the dollar. This looks to me to be further escalation. Bloody Friday in US equity markets tomorrow?

The pair is in a consolidation, which looks like a triangle. It will shoot up and could reach 7 handle.

price looks like its bottomed out on the weekly. An ema bust would definitely confirm bull trend again. Looks good for at least a measured move up. Could be more but can't tell yet.

Everything is in the chart

With large account deficits, disinflation and widening interest rate differentials there are many reasons to not be bullish China. Whilst on the political side there is a desperate need to keep CNY stable and stronger because China needs to attract capital inflows for the second half of 2019. Why? Because they are trying to facilitate the process of...

Here we are getting very close to the moves and trading the initial breakup in this final 5th wave on the large timeframes (see attached: "Adding upside exposure on a correction" for more details on this count). Dollar strength is coming to our screens, time to position. Best of luck

No Target

Here we are coming to the end of the corrective wave within the underlying bull trend. The time has come to start getting to work on the top-side here again, this is a move we have been tracking for some months (see attached). We are going to be exploring the speed limit of the dollar over the next few months so buckle up and get ready for some very large moves...

CHFJPY is approaching our first resistance at 112.707(horizontal swing high resistance , 76.4% Fibonacci retracement , 61.8% Fibonacci extension ) where we might see a drop in price to our first support at 108.082 (horizontal swing low support, 61.8% Fibonacci retracement. 100% Fabonacci extension ). Trading CFDs on margin carries high risk. Losses can exceed...

According to the elliot wave theory, FX:NZDCAD. is at its correction phase, and using the fib extension we get T1 for the small ABC wave and T2 for the bigger wave; T1 is short term while T2 is mid/long term Another thing to keep in mind, is that China is expected to report on Monday that economic growth cooled to its slowest in 28 years and this means that CNH...

USDCNH Sell FX:USDCNH Sell

USDCNH reached historical max values and start the descendant channel approaching. Traget price @6.63.

Stop loss, entry price and targets are mentioned on graph.

Correction became complex and transformed into double three...at least. 50-61.8% Fib and the upside of the channel are targeted.

And wait for moon. Here's the quarterly chart: Wow.