USDCNH bounced off 6.9330 where it could potentially rise further to 6.8416. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Traders & Investors! Short, short, short. Chinese viral outbreak fuels the technical fire Chinese equities sought in relation to it's recent selloff. We see this move as only the beginning of larger selloff toward $2,600. We have positioned ourselves accordingly and see SSE as the best vessel for this view. We have also coupled this view via additional put...
FX:USDCNH If a bullish breakout should occur on this falling wedge, we will eventually try to get back on this cross. The first trade closed at a loss at 60% of the initial maximum risk. In this way we had optimized the realized losses reducing as often happens the % at initial risk. We do the same thing when trades follow our direction and also optimize...
Technical looks pretty bearish with LHLL. 6.95 was well supported with heavy volume, we might see a temporary pull back to 7.05 area. Watch that area closely. Target price 6.9. Trade war update plays a huge part on the movement of this pair, so watch closely. As long as 7.15 holds, we should see a further downside.
USDCNH hit 10 years top retrace to wave A-1 fibo 0.764 and start down to A-3, Target at 6.93, RR ratio 1:2.3
Details on the chart---wait for the perfect BO and enter the trade. Pipdify, Tamilkumar OANDA:AUDJPY
Risk overall continues to ebb and flow on US-China trade uncertainty and looks somewhat asymmetric, tilted to the downside, based on our view that the HK Bill if passed through the House of Reps could seriously complicate trade talks and the signing of Phase 1. Stock markets are on the rise, and the risk-on atmosphere is weighing on USD, JPY and gold. Last week...
The US dollar continues to rally against the Chinese Yuan, grinding higher and above the 7.00 CNH level. The market has recently seen the 200 day EMA level as support and bounce quite nicely from there. By doing so, we have attacked the 50 day EMA, but have not broken above it yet. If we can close above there on a daily chart, then it becomes a very bullish sign....
USDCNH Already breakout down trend line and retest it forming 123 bullish pattern Key Level breakout @ 7.0325 confirm the idea Price moving above 100 MA Volume profile shows that price should move more bullish to be attracted for HVN area
Achat sur du USDCNH en H1 à conserver sur cette semaine
We've tapped a supply zone, entering shorts down to support
USDCNH expected to rise up to 1st resistance at 7.0344 where it could potentially react off and drop down to 1st support at 6.9466. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCNH reversed off its resistance at 7.0344 where it could potentially drop further to 6.9466. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCNH reversed off its resistance at 7.0344 where it could potentially drop further to 6.9466. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCNH reversed off its resistance at 7.0195 where it could potentially drop further to 6.9466. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCNH expected to rise up to 1st resistance at 7.0195 where it could potentially react off and drop down to 1st support at 6.9466. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Hello Traders! Witaj! We play with Smartmoney concepts, that means that we focus mostly on price action to determine what will happen in future. As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SmartMoney). They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY...