Recent upbeat data from China standing in contrast to the sluggish US statistics, the Bears once again are gradually regaining control as Sellers bombard 6.9900 level, down 0.15% on the last day of last week. With a meagre 45pips since my last publication on this pair (see link below for reference purposes), my Bearish bias still persists as price action has been...
The Yuan has been on the rise since the beginning of June 2020 and it does not appear that there will be a "slow-down" in the following week as the Greenback continues to depreciate. Tendency: Downtrend ( Bearish ) Structure: Breakdown | Descending Triangle | Support & Resistance Observation: i. A structure depicted by drawing one trend line that connects a...
Hi subscribers! The price of the Dollar has been in a very long fall for a long time. The level of support not only restrained this decline, but also resumed growth. The price will rise to two targets. The dollar will increase. Good luck to you! If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.
Hello dear subscribers! The price of this currency pair is constantly changing. In the previous chart about this pair, there was a classic cup and a handle pattern and it worked! The price hit the resistance level and turned in the opposite direction. The price will continue to fall to the target. Good luck to you. If you liked this idea, please like and...
Hi subscribers! The price of the Dollar wins over the Chinese national currency. The price will rise to the level of resistance. Good luck to you! If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.
Hello dear subscribers! The economic battle between the Great Powers continues. The price of the Dollar shook at the beginning of May, but as soon as the price of oil began to rise, the American currency strengthened in the world market, and this is facilitated by the currency printing press, which operates at full capacity. So the price will develop...
Hello dear subscribers! The price of the American dollar will rise, because America is selling the securities of Chinese companies, we are talking about 50 billion dollars that were invested in the fund in 2017. This money will be withdrawn from these assets, thereby undermining the economy This means that the price of the Dollar will rise and reach the...
Hello dear subscribers! The price of the Dollar is changing, this is because the figure on the chart is: “Round bottom”. This means that the price trend is changing. However, there is an important condition. You can buy if the price breaks an important mark near a key level (7.08000.) Good luck. If you liked this idea, please like and subscribe to my...
Hi dear friends, The price of the American currency will fall, because every day the Chinese economy is stabilizing and recovering from such a terrible pandemic. Although this is not a decisive factor, But against this background, the Dollar will significantly lose. If you liked this idea, please like and subscribe to my profile. This idea does not provide...
HI, TRADERS MY NAME IS KD TODAY I HAVE A GOOD STRATEGY PUBLISH TO ALL OF YOU :) YOU CAN CLOSE YOUR TRADE ANYTIME AFTER YOU SEE PROFIT. THERE IS NO OBLIGATION TO CLOSE AT TARGET TP. RISK MANAGEMENT IS VERY IMPORTANT :) HAPPY TRADING~ _________________________________________________ WANT TO LEARN MORE OR RECEIVE ACCURATE AND IMMEDIATE SIGNAL? Telegram: KDEZ00
Hello dear subscribers! China is rejoicing! No new cases of coronavirus infection have been reported. This means that China is opening its provinces, the process of production and trade is getting better, the Chinese yuan is growing, but in America the opposite is the case, the number of infected people is increasing every day by hundreds or thousands of...
Dates in the future with the greatest probability for a price high or price low
USDCNH is approaching its resistance at 6.9419 where it is could reverse down to its support at 6.8416. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
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.