Chart USD/CNH Update: Poised for retest of 7.3680/7.3700 highs

January 10, 2025 5:05 AM UTC

Range-bound in consolidation but pressure building on the upside to approach resistance at the 7.3680/7.3700 highs

Chart USD/CNH Update: Extending consolidation below 7.3680/7.3700 highs

January 8, 2025 6:07 AM UTC

Range-bound in consolidation following retest of the 7.3680, 2023 year high, last week

Chart USD/CNH Update: Leaning lowered from the 7.3680/7.3700 highs

January 7, 2025 6:16 AM UTC

Leaning lower in choppy trade from the 7.3680/7.3700 highs

Chart USD/CNH Update: Poised for retest of 7.3680/7.3699 highs

January 6, 2025 6:11 AM UTC

Bounce to regain the 7.3500 level expose the 7.3680 and 7.3699, 2023 and 2024 year highs to retest

Chart USD/CNH Update: Lower in consolidation from 7.3699 spike high

January 2, 2025 6:17 AM UTC

Edged lower in consolidation from retest of the 2023 year high at 7.3680 and the spike high of 31 December at 7.3699

Chart USD/CNH Update: Spike to fresh year high giving way to consolidation

December 31, 2024 4:56 PM UTC

Cautious trade has given way to a spike to the 7.3680 year high of 8 September 2023

Chart USD/CNH Update: Balanced at year highs

December 30, 2024 5:38 PM UTC

Little change, as prices extend cautious trade, back above congestion support at 7.3000

Chart USD/CNH Update: Consolidating

December 27, 2024 3:30 PM UTC

Still little change, as prices extend cautious trade above congestion support at 7.3000

Chart USD/CNH Update: Extending cautious trade beneath 7.3260/00

December 23, 2024 4:44 PM UTC

Little change, as prices extend cautious trade back above congestion support at 7.3000

Chart USD/CNH Update: Consolidating below 7.3300 level

December 20, 2024 5:21 AM UTC

Further gains has seen extension to fresh year high at 7.3270

Chart USD/CNH Update: Consolidating break to fresh year high

December 19, 2024 6:01 AM UTC

Consolidation below the 7.3000 figure has given way to sharp break higher through the 7.3110/50 high to reach fresh year high at 7.3270

Chart USD/CNH Update: Drifting narrowly below the 7.3000 figure

December 18, 2024 5:49 AM UTC

 Little change, as prices extend consolidation above the 7.2800/7.2730 resistance

Chart USD/CNH Update: Bounce return focus to 7.3110/7.3150 highs

December 17, 2024 4:21 AM UTC

 Break above the 7.2800 congestion extend bounce from the 7.2420 low and see the 7.3000 figure now within reach

Chart USD/CNH Update: Scope to retest 7.3110/7.3150 highs

December 16, 2024 5:13 AM UTC

Break above the 7.2800 congestion has seen extension to the 7.2925 resistance

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

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