Chart USD/CNH Update: Extending pullback from the 7.1500 resistance

October 21, 2024 5:21 AM UTC

Leaning lower in consolidation from the 7.1500 resistance

Chart USD/CNH Update: Lower in consolidation from the 7.1500 resistance

October 18, 2024 5:49 AM UTC

Settled back in consolidation below the 7.1500 resistance 

Chart USD/CNH Update: Consolidating, but room to extend gains

October 17, 2024 5:44 AM UTC

 Extending consolidation below the 7.1410 Fibonacci level 

Chart USD/CNH Update: Extending gains

October 16, 2024 5:47 AM UTC

Break of the pennant pattern at the 7.1000 resistance has seen sharp run-up to extend gains from the September YTD low 

Chart USD/CNH Update: Extending gains, scope to 7.1410 Fibonacci retracement

October 15, 2024 4:48 AM UTC

Consolidation below the 7.1000 resistance has given way to sharp break higher to extend gains from the September YTD low

Chart USD/CNH Update: Extend consolidation below 7.1000 resistance

October 14, 2024 4:50 AM UTC

Little change, as prices remains in consolidation below the 7.1000 resistance

Chart USD/CNH Update: Extend consolidation within the 7.1000/7.0500 range

October 11, 2024 3:57 AM UTC

Little change, as prices extend consolidation within the 7.1000/7.0500 range

Chart USD/CNH Update: Back to pressure the 7.1000 figure

October 10, 2024 5:34 AM UTC

Bounce at the 7.0500 level see pressure returning to the upside to retest the 7.1000 resistance

Chart USD/CNH Update: Leaning lower from test of 7.1000 figure

October 8, 2024 4:20 AM UTC

Leaning lower from test of the 7.1000 resistance to retest Friday's range low at 7.0500 level

Chart USD/CNH Update: Consolidating test of 7.1000 level

October 7, 2024 5:21 AM UTC

Break above strong resistance at the 7.0700/7.0840 lows of August has seen extension to the 7.1000 figure

Chart USD/CNH Update: Extending gains - strong resistance at 7.0700/7.0840 area

October 4, 2024 6:26 AM UTC

 Extending gains from the low of last week towards strong resistance at the 7.0700/7.0840, lows of August

Chart USD/CNH Update: Extending gains

October 3, 2024 5:57 AM UTC

Break above the 7.0385 resistance further extend gains from the low of last week to reach the 7.0500 level

Chart USD/CNH Update: Extending corrective gains

October 2, 2024 5:43 AM UTC

Extending bounce from the 6.9710 low and regaining the 7.0000 level see room for stronger retracement of the September losses from 7.1365 high

Chart USD/CNH Update: Extending corrective bounce from 6.9710 low

October 1, 2024 6:08 AM UTC

Extending bounce from the 6.9710 to retrace the September losses from 7.1365 high

Chart USD/CNH Update: Range-bound in consolidation above 6.9710 low

September 30, 2024 5:02 AM UTC

Edged off fresh low at 6.9710 as prices consolidate losses from the 7.0700 high of last week

Chart USD/CNH Update: Consolidating losses to 6.9710 fresh year low

September 27, 2024 5:57 AM UTC

Staging rebound from the 6.9710 fresh year low

Chart USD/CNH Update: Consolidating test of the 7.0000 figure

September 26, 2024 4:25 AM UTC

Turned up from test of the 7.0000 figure as prices unwind the deep oversold intraday and daily studies

Chart USD/CNH Update: Down to tag the 7.0000 figure

September 25, 2024 6:57 AM UTC

Breakdown from the 7.0500/7.035 support further extend losses to tag the 7.0000 figure

Chart USD/CNH Update: Under pressure, extending losses

September 24, 2024 5:09 AM UTC

Bounce attempt has seen rejection from the 7.0700/7.0840 resistance 

Chart USD/CNH Update: Room for further losses

September 23, 2024 6:00 AM UTC

Steadied at the 7.0385 low as prices consolidate losses last week following break of support at the 7.1000 level

Chartbook: Chart USD/CNH: Retracing the strong 2023 rally

September 20, 2024 9:02 AM UTC

Topped out at the 7.3100 high at the start of Q3 and steep drop from there has since retraced all of the gains from the January low

Chart USD/CNH Update: Extending gains

December 11, 2023 6:03 AM UTC

06:00 GMT - Consolidation below the 7.1770 high has given way to break higher to extend gains from the Nov low to approach the 7.2000 level. Clearance here will see room for continuation higher to retrace losses from the Oct high towards resistance at 7.2245 and 7.2400 level. Corrective gains are ex