yuan

Do much short on Yuan and it is about to continue unwinding/ I am standing with BEAR. We still have possibility of the pair going 6.6. Trade Safe s0nic

Probable nice CUP O´COFFEE Formation in the Yuan. Devaluation has been happeningin steps of 150pips. so this could be a long and paced devaluation (but pretty safe according to Macros). Macro Astro Mr. Kyle Bass has cited: KYLE BASS: 'We are facing the largest macro imbalance in global history' Rachael Levy 01 Jul 2016 6:58 PM 611 Kyle Bass. "We ...

AUDJPY has been in a downtrend for sometime now. We rejected the .618 fib level of the last leg and broke back thru support/resistance of 83.7. We're now looking for a retest of this level of the 1/4 hour and going to sell into potential new lows. Read my article about making 50% returns below. https://anyhows.com/product/why-you-should-say-f-a-401k/?mref=adrizzle05

The USDCNY decreased 0.0027 or 0.04% to 6.8974 on Friday April 28 from 6.9000 in the previous trading session. Historically, the Chinese Yuan reached an all time high of 8.73 in January of 1994 and a record low of 1.53 in January of 1981.

Target - previuos top 6.987 Invalidation - below 6.8449

Bitfinex laid an egg. Of course, Wells Fargo Bank did all the heavy breathing. And, then the price explodes to an all time high. But... it's not real. In fact, it's price discovery chaos all over bitcoin world. Let's dig a little deeper. I have been reporting for months and months that there is a war going on between the PBoC and the Chinese bitcoin ...

As prices have achieved new highs we have the grounds to declare a possible intermediate top. Divergences continue on RSI and EWO - note the clear divs between 3 of (3) and 5 of (3), and again between (3) of 3 circle and (5) of 3 circle. Change in direction of volume adds evidence to intermediate top as we see volume increase through (3) and steadily decline as ...

Continued divergence on RSI and additional divergence forming on EWO signaling the end of wave. Look for downward break of wedge for confirmation. Box highlights possible price targets. May go lower based on extreme price action of late.

Based on the size and strength of recent price movement it seems that we have completed a wave three of some degree. Additionally, a bear divergence has formed on the RSI signaling the end of a move; the width of the EWO tells us it was most likely a three. Here it has been labeled using (3). Price requirements for (4) have been met, but there is a good chance to ...

Read along while humming ZZ Top. This leg is formed much better than the blow off top leg 2 months ago. The only problem is volume is diminishing and that usually is a sign of the end. There are some contradictory indicators. MACD and RSI are showing this rally to has a little more room to grow. The angle of this leg is unsustainable and the price has ...

USDCNH looks very bearish in my opinion. We had a serious sell-off at the 6.986 handle, and I think we are due bearish continuation. This is a daily chart, so this is a longterm trade. For those that follow bitcoin, it would be very interesting if we saw YUAN strength and BITCOIN weakness at the same time. :)

I am right and it is on track. Now 6.792 will support but sooner or later, the level shall break down. I am still BEAR Trade Safe, s0nic

After 4 weeks, and awesome run. I am still leaning toward BEAR. It shall go below 6.80 level again and even further. DO not LONG just yet.. Trade Safe, s0nic

The Chinese Yuan devaluation is now complete. The Chinese banksters realize the insiders can move money in and out of Bitcoin as a value store. A fake investigation of Chinese based Bitcoin exchanges covers the insiders asses while preserving this avenue for their future devaluation shenanigans. The result: No more margin trading (unless you use some other ...

Following the PBOC's manipulation and the massive drop for two days, price is starting to slow down. I think we will see a bottom here shortly. If we don't hit 6.7696 before Monday's close, we can anticipate a turn here. After the week closes, we'll get more confirmation of the risks in BTC and USDCNH. It could take as long as 3 weeks to confirm upside is viable ...

A chart tracking the correlation between 1/btccny and cnyusd. The theory is that since mid 2015, the devaluation of the yuan has been fueling the bitcoin bullmarket that emerged that year.

In the words of Alan Greenspan, you know the rumpled old geezer that speaks in rhymes, said something about irrational exuberance in the markets, I will invoke those same words. BEWARE OF IRRATIONAL EXUBERANCE in the bitcoin market. What's causing this straight up spike in price? The China devaluation of the Yuan, the India currency confiscation, and here's a ...

And now... what's up :) ?