Global economic sanction on China should weaken their currency during this time.
Although US dollar currency has been getting extremely weak, the sanctions from multiple countries should impact it to a certain extent.
I HATE COMMUNISTS MORE THAN ANY POLITICAL GROUP ON EARTH! THEIR COUNTRIES ARE POOR, REGRESSIVE AND AUTHORITARIAN!
BUT EVEN IF CHINA WAS RULED BY TIME-TRAVELLING STALIN AND MAO, A GOLD-MONETIZED YUAN WOULD DESTROY THE DOLLAR!
Price 7.1418 swings to 7.0642 for 7.0287 - all three working with 7.1128...Momentum will be good observed here, -perhaps a stochastic. Open day will tell and if price reverses and bulls break above dsl, then, this set-up will be invalid.
I rest, take care.
All our market shared technical set-ups are speculative, they are not guaranteed for accuracy or...
Hi Traders and Investors, Please find above my vision for USD/CNY for the coming days, the price is about to finish the bullish move, at 7.15, it will reverse and go back down, the price action is showing a weekness of bulls who can not make a higher high anymore and the last higher low has taken over the previous one so it's a sign of a reversal as well. Feel...
Both Option can be possible - so, for now just stand aside and check how the price will move before going for one of the below options
Option A: Bullish Market before the current sideways trend that could be interpreted as a paused to the bullish market before resuming it again
Option B: Descending Triangle - Bearish Market
Dec, 31, 1999
"Today, on the last day of the outgoing century, I resign," Mr Yeltsin said.
For more than 20 years, Putin's Bulls Market still is on the run. Possible drop is 90% in case of trend breakdown.
Disclaimer!!! the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
every trade must comply with money...
The Future of Asian Currency is very important and the Exchange Rate Stability with the United States Dollar.
This "currency map" includes all the major currencies in Asia. The currency in Asia can be understood by 3 financial groupings, 10 to 1, 100 to 1, and 1000+ to 1. Here are the groupings without specific finical exchange (numbers) details.
10 to 1 with...
This is a Exponential Global Currency Graph Comparison (with a focus on India and China)
These are all the "major" world currencies going back to about the early 1980's for the larger "population" countries and also a few of the more interesting places like Brazil, Egypt, Turkey, Russia, Philippines, Australia, Japan, and Mexico and more typical larger population...
The History of the Indian Rupee from the 1980's to 2020.
This graph is relative with the other major world currencies with "yellow" indicator lines for major (historical start date) problems in the History of the Indian Currency going back to the 1980's.
The Indian Rupee is has a market-determined exchange rate. However, the RBI trades actively in the USD/INR...
Description in the chart!!
Price had regain the 6.96 critical level !! even PBOC cut rate
but US cut deeper rate and pump CREDITS into the system
Last year REPO CRISIS is a trigger but manage to solved with more CREDITS pump back into the system.
ASSETS price will surge with artificial CREDITS over the real value of the assets.
This world is mad with CREDITS....