yuan

For many conspiracy theorists familiar with the cover of an edition of The Economist from 1988, the 10/10/2018 is significant for being the date when a new world currency will be ushered in. It seems instead the date that traditional stock markets come tumbling down, with DJI down 1,300 points over the past two days and many other stocks following suit. China's ...

Price is on a continuation pattern to the downside. Wait for the price to form a continuation pattern on a lower time frame and watch strong price action for sell. Don’t take a trade if you don’t see clearly when big guys are in. Forex signals premium channel. Join us! https://t.me/joinchat/AAAAAEefbIAQ1fMH5L0ptg

Price has formed a strong price action at the top of the pattern and now is forming a continuation pattern to the downside. Watch strong price action at the current price for sell. Don’t take a trade if you don’t see clearly when big guys are in. Forex signals premium channel. We made 1048 pips this week. Join us! https://t.me/joinchat/AAAAAEefbIAQ1fMH5L0ptg

Yesterday's risk-off mode was likely driven by the rise in USDCNH after China's return to the markets. Remember that the 6.9000-7.00 zone is the line in the sand. Any trade war jitters, or economic difficulty in China could weaken the Yuan even more, driving up the USD and putting more pressure on Emerging Markets.

All is described in the charts! Happy Trading -S

Wait for the price to complete the continuation pattern that it's forming and watch strong price action for buy. Don't take any trade if you don't see clearly when big guys are in.

Trade wars potentially escalating and this chart shows major buy signals on the Yuan as it is near historical support/resistance levels. Will the Yuan break down or will it reverse and appreciate in value relative to the USD in a stroong way. Only time will tell, but this chart is interesting.

It’s been noted by many market participants over the past few months that the gold-Chinese renminbi – aka the yuan, CNY (onshore yuan), and CNH (offshore yuan) – has tightened into virtual lockstep. This post explains this relationship and why it’s happening. Full story: https://aff.whotrades.com/t/b/2sr7k/

https://www.tradingview.com/x/0t8yEQIk/

Hello everyone :D We have a double top with a hidden bearish divergence on the RSI. What that means is we have a higher high on RSI with a lower high in price. If you are looking for a short try and find a confirming pattern on a lower time frame! Much love!!

After scoring a new high level last week, the USD/CNH currency exchange rate had declined throughout the second half of the week. During that time various patterns were broken. Because of that reason a review of the pair is conducted. The pair has revealed a large scale descending speculative pattern, in the borders of which a medum term channel down pattern was ...

Turkey economy in the news for good portion of the week, end of week got better as US and China agree to meet back at the bargaining table. Dow Jones the leader this week up 1.41% followed by SPX up .59% while Nasdaq lag the trend down -.29%. Small caps RUT eek out a gain up .36% for the week. ...

=> We are expecting profit taking in the pair over the coming sessions. the PBOC are beginning to support a narrative providing some short-term strength into the Yuan after months of preparing for the trade war with US. => This is a very complex environment so its time to stay out if you don't know what you are doing. => A Daily close below the 6.8676 is the only ...

Oil testing bottom of channel - buy SPY testing top of channel - sell DXY pushing breakout higher - buy Yuan taking a break - neutral 10 Year Notes - buy BTC - neutral (wait for close above the high of 9 bar) Gold - almost ready to take a break, not quite done yet. Eurodollar - buy Expand each chart to view notes on each market.

As previously discussed in other post I expected Copper to correct quite a bit. I was expecting the 2.44-2.60 area because of many confluences. However, we have completed an ending diagonal pattern that pushed to 2.86. Now we have come down to my expected support area based on fractals and fib levels, which we are now holding. Also, if you look at the USDOLLAR we ...

this short seems like a very obvious play given the bearish divergence on momentum indicators and a strong bearish shooting star which is a classic reversal pattern, but I feel like theres a catch somewhere here: Either we will see a large consolidation that many will see as a bull flag and long just to get stopped out, or we will have another weak rally with ...

The US Dollar Index has been stuck in a rut. Since mid-May it has moved mainly sideways. Bouncing back and forth in consolidation, like it is bouncing off of the walls of a jail cell. The top of the consolidation is at the November high, a spot it just can’t seem to get over. But the chart below suggests there may be a jailbreak soon. There are several thing to ...

This is what I will be keeping my eye on next week: FX:EURUSD,FX:GBPUSD,FX:USDCNH,FX:USDMXN,FX:USDTRY,FX:EURJPY,FX:EURCHF,FX:EURCAD,FX:GBPJPY,FX:GBPCAD,TVC:GOLD,TVC:SILVER,COMEX:HG1!,BITFINEX:BTCUSD There might be some opportunities, and I want to perfect my trading in FX, so I will ignore stocks unless I have time, my priority is really making my FX trading ...