Chart USD/CNH Update: Poised for retest of 7.2850 resistance

April 1, 2025 5:41 AM UTC

Rebound above the 7.2500 support to regain the 7.2700 congestion see pressure returning to the upside

Chart USD/CNH Update: Consolidating test of 7.2850 resistance

March 28, 2025 3:59 AM UTC

Lower in range from test of the 7.2850 resistance as the intraday and daily studies unwind overbought readings

Chart USD/CNH Update: Backed from test of 7.2850 resistance

March 27, 2025 5:23 AM UTC

Break above the 7.2700 congestion has seen gains coming under selling pressure at the 7.2850 resistance

Chart USD/CNH Update: Extending gains, room to 7.2850 resistance

March 26, 2025 4:44 AM UTC

 Extending break above the 7.2700 resistance to open up room for extension to target 7.2850

Chart USD/CNH Update: Extending corrective bounce

March 25, 2025 6:37 AM UTC

Extending bounce from the 7.2155 March YTD low to reach the 7.2500/7.2700 resistance

Chart USD/CNH Update: Higher in consolidation from 7.2155 low

March 24, 2025 7:12 AM UTC

Break above the 7.2500 resistance extending bounce from support at the 1.2175/55, Fibonacci level and 12 March low

Chart USD/CNH Update: Extending bounce from 7.2155 low

March 21, 2025 5:35 AM UTC

Consolidation above the 7.2175/55 lows has given way to bounce as prices unwind the oversold intraday and daily studies

Chartbook: Chart USD/CNH: Room for deeper pullback from 7.3750 high

March 20, 2025 6:09 AM UTC

Stalled on retest of the October 2022 year high at 7.3750 in late-December 2024 and 3 February this year

Chart USD/CNH Update: Extending consolidation above 7.2155 low

March 19, 2025 5:47 AM UTC

Little change, as prices extend consolidation above the 7.2175/55, 38.2% Fibonacci level and low of last week

Chart USD/CNH Update: Under pressure

March 18, 2025 5:40 AM UTC

 Leaning lower to pressure the 7.2175/55, 38.2% Fibonacci level and low of last week

Chart USD/CNH Update: Extend consolidation above 7.2260/7.2175 support

March 17, 2025 5:55 AM UTC

 Little change, as prices extend consolidation above the 7.2260/7.2175 February low and 38.2% Fibonacci level

Chart USD/CNH Update: Edged higher in consolidation from 7.2260/7.2175 support

March 14, 2025 4:23 AM UTC

Turned up from test of the 7.2260/7.2175 low and 38.2% Fibonacci level as prices unwind oversold intraday studies

Chart USD/CNH Update: Consolidating test of 7.2260/7.2175 support

March 13, 2025 6:02 AM UTC

Consolidating test of the 7.2260/7.2175 February low and 38.2% Fibonacci level

Chart USD/CNH Update: Weighing on 7.2260 support

March 12, 2025 6:03 AM UTC

Leaning lower but remains unable to sustain break of the 7.2260 support 

Chart USD/CNH Update: Extend consolidation above 7.2260 low

March 11, 2025 7:01 AM UTC

Bounce from the 7.2260 support has seen gains checked at the 7.2700 resistance

Chart USD/CNH Update: Higher in consolidation above 7.2345/7.2260 lows

March 10, 2025 5:00 AM UTC

Bounce from the 7.2260 support see prices unwinding the oversold intraday studies and consolidating losses from the 7.3070 high

Chart USD/CNH Update: Consolidating above 7.2345/7.2260 lows

March 7, 2025 5:30 AM UTC

Steadied at the 7.2345 support as prices consolidate losses from the 7.3070 high and unwind oversold intraday studies

Chart USD/CNH Update: Focus return to 7.2345/7.2260 lows

March 6, 2025 5:01 AM UTC

Sharply lower through the 7.2500 congestion to expose the 7.2345 and 7.2260, January and February lows to retest

Chart USD/CNH Update: Consolidating at 7.2500 support, lower later

March 5, 2025 5:32 AM UTC

Consolidation at the 7.3000 level has given way to sharp pullback from the 7.3070 high to retrace gains from 7.2260, February low

Chart USD/CNH Update: Settling back from 7.3070 high

March 4, 2025 5:52 AM UTC

No follow-through on break above the 7.3000 congestion as prices settled back from the 7.3070 high and unwind overbought intraday studies

Chart USD/CNH Update: Consolidating at 7.2700 low, lower later

February 7, 2025 3:00 AM UTC

Edged up from the 7.2700 low as prices consolidate losses from the 7.3700 high

Chartbook: Chart USD/CNH: Consolidating retest of 7.3100 current year high, scope for break

December 12, 2024 8:45 AM UTC

Rebound from the 6.9710 low has given way to strong rally to retrace all the losses from the Q3 and current year high at 7.3100

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