CHINESE YUAN / U.S. DOLLAR CNYUSD

RizeSenpai Premium

We have a huge Void below us and the Yuan has Rallied away from this Void before, but it appears to now be making a Lower High with Hidden Bearish Divergence on Both the RSI and MACD; If the Yuan Breaks Below the B point of this Potential Crab BAMM which also happens to be The Confirmation Line of what would then also be a 3 Falling Peaks Pattern, we will very...

Cyning7 Premium

If you can understand this picture, you will know what assets to hold in 2022

richardthick Premium

With DXY rising and China in lockdowns this looks like a good short set up.

csabazsigray

Depreciation of the yuan after almost 4-year highs. Not financial advice just my opinion.

BillionaireLau

China lever: controlling the yield spread between yuan and US dollar. In the last 10 years, everytime China central banks (1) holds down the yield spread rate, (2) holds the yield spread underwater 1.25%, then that would be a strong indication of the near future the CNY will be weakened. Currency: In this chart we predict the CNY will goes devaluate in the next...

RowaynaAhmed Updated 

The currency pair of the Chinese Yuan against the US Dollar has started to rise by 3 points between the support line 0.1551 and the resistance line 0.1554, and this is an identical reaction to the continuation pattern of the ascending triangle. On the other hand, the Chinese Yuan may reverse its trend and start decline against the rise of the US Dollar; due to the...

zapper96

Hit a double bottom and broke out of a descending triangle. Was expecting a triple bottom at least. Did not anticipate this move happening so soon as you can see by my purple arrow. expecting 7% gains.

ngordon Premium

CNY has broken a major long term trendline against the US dollar. I believe there is more upside ahead for the Chinese Yuan. The Chinese gov will try to talk down the Yuan to dollar but that will not work without some major government intervention. Just today, they announced a hike in reserve ratio requirements for the first time since May 2007. This move didn't...

OubiaAmine Pro+

Enjoy!

SubZero

There is a clear shift in economic powers. Further trade wars between US/China are likely to continue, which can put pressure on the PBC to weaken the Renminbi in order to be able to result in attractive export prices. At the same time the commodities link going to provide a downside buffer as the inflation expectations are on the rise worldwide due to central...

thenetwillappear

A Chinese Educational Company METX announces Blockchain Integration for Elementary Students. MetX will be using DOGE Coin as the Crypto of choice for their educational program. Children and teachers are incentivized to use DOGE Coin as rewards system based on performance extracurricular activities. "Meten EdtechX Education Group Ltd. (NASDAQ:METX) ("Meten...

BullsOfHymir

China has finished buying commodities and have a shortage of Dollars. Must print to buy Dollars. All of things that has happened in Q3 and 4 2020 and Q1 2021 will be reversed.

rezmeplx Pro

Divergence + critical level + overbought Note that this chart is "weekly" timeframe

Rykin_Capital Pro+ Updated 

And the first one up on the CNY series now, CNYUSD is definitely bullish to the nth degree. looking for a move up now and probably a few more after that. One thing at a time, so I'll be concentrating on the most immediate goals. I always say this, and I will say it again, nothing I say is financial advice. Think for yourselves! Fibonacci goals in green or purple,...

acsedward

In this analysis, we started taking on the majors against the U.S. Dollar (USD), beginning with the Chinese Yuan Renminbi (CNY). Despite its still lower status in comparison with the traditional majors (USD, GBP, EUR, CHF, JPY, CAD, AUD & NZD) and also its lower liquidity and overall current non-relevance in the wider FX market, it nonetheless scored the highest...

lofihenny Pro

the world better hope they dont

ghotby

chinese yuan daily technical analysis ( CNYUSD )