Symbol | Exchange | Currency |
|---|
Economists at CreditSuisse continue to look for USD/CNH to trade in a 6.65-7.15 range over the next three months. PBoC’s “red line” for USD/CNY is at
USD/CNH takes the bids to renew intraday high around 6.7600 as the US dollar pares recent gains during the sluggish Asian session. Also supporting the
USD/CNH’s uptrend seems to be running out of steam, commented Lee Sue Ann and Quek Ser Leang, FX Strategists at UOB Group. Key Quotes 24-hour view: “U
Yuan Surges On Speculation China's Covid Lockdowns Will End SoonThree weeks ago, when looking at the pattern in China's covid data, we said that China's covid panic is almost...
The trade-weighted renminbi has now fallen 6% from its highs seen in March. One cannot but think that this is a policy adjustment by Chinese authorities as they search to stimulate...
USD/CNH justifies strong-than-expected China inflation data by reversing from the intraday high during Wednesday’s Asian session. That said, the quote
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Strong Sell | Sell | Sell | Buy | Strong Buy |
| Technical Indicators | Strong Sell | Neutral | Strong Buy | Strong Buy | Strong Buy |
| Summary | Strong Sell | Neutral | Neutral | Strong Buy | Strong Buy |
Pattern | Timeframe | Reliability | Candles Ago | Candle Time | |
|---|---|---|---|---|---|
| Completed Patterns | |||||
| Evening Star | 1M | 31 | Oct 19 | ||
Time | Cur. | Imp. | Event | Actual | Forecast | Previous |
|---|---|---|---|---|---|---|
| Wed, 18 May 2022 | ||||||
| 24:00 | USD | 2.00% | 1.90% | 1.80% | ||
| 24:00 | USD | 69.00 | 75.00 | 77.00 | ||
| 24:00 | USD | 2.50% | 2.30% | 1.40% | ||
| 04:00 | USD | |||||
| 04:30 | USD | |||||
| 06:00 | USD | |||||
| 06:30 | USD | -2.445M | 1.533M | 1.618M | ||
| 08:45 | USD | |||||
| 21:00 | USD | 5.53% | ||||
| 21:00 | USD | 2.00% | ||||
| 21:00 | USD | 255.40 | ||||
| 21:00 | USD | 358.90 | ||||
| 21:00 | USD | 913.60 | ||||
| 22:30 | USD | 0.30% | ||||
| 22:30 | USD | 1.812M | 1.87M | |||
| 22:30 | USD | 0.30% | ||||
| 22:30 | USD | 1.765M | 1.793M | |||
| Thu, 19 May 2022 | ||||||
| 24:30 | USD | 1.383M | 8.487M | |||
| 24:30 | USD | 0.23M | ||||
| 24:30 | USD | 0.632M | ||||
| 24:30 | USD | -0.587M | ||||
| 24:30 | USD | 0.163M | ||||
| 24:30 | USD | -0.80M | -0.913M | |||
| 24:30 | USD | 0.027M | ||||
| 24:30 | USD | -0.719M | ||||
| 24:30 | USD | 0.60% | 1.60% | |||
| 24:30 | USD | -1.333M | -3.607M | |||
| 01:30 | USD | 1.87% | ||||
| 03:00 | USD | 3.095% | ||||
| 22:30 | USD | 1,320.00K | 1,343.00K | |||
| 22:30 | USD | 200.00K | 203.00K | |||
| 22:30 | USD | 192.75K | ||||
| 22:30 | USD | 16.00 | 17.60 | |||
| 22:30 | USD | 8.20 | ||||
| 22:30 | USD | 19.90 | ||||
| 22:30 | USD | 41.40 | ||||
| 22:30 | USD | 17.80 | ||||
| 22:30 | USD | 84.60 | ||||