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Tag: USDCNY

USD/CNH Price Analysis: Pierces 6.7600 key hurdle on China inflation miss
Forex News

USD/CNH Price Analysis: Pierces 6.7600 key hurdle on China inflation miss

August 10, 2022September 1, 2022 - by admin - Leave a Comment

USD/CNH snaps two-day downtrend after softer-than-expected China CPI, PPI for July. Bulls pierced weekly resistance line, 200-HMA after data, sustained break of 6.7600 awaited for further upside. 61.8% Fibonacci retracement …

USD/CNH Price Analysis: Pierces 6.7600 key hurdle on China inflation miss Read More
USD/CNH Price Analysis: Keeps bounce off 21-DMA below 6.7700
Forex News

USD/CNH Price Analysis: Keeps bounce off 21-DMA below 6.7700

August 8, 2022September 1, 2022 - by admin - Leave a Comment

USD/CNH retreats from intraday as bulls take a breather after snapping three-day downtrend on Friday. MACD, RSI suggests continuation of slower grind to the north. One-month-old ascending trend line adds …

USD/CNH Price Analysis: Keeps bounce off 21-DMA below 6.7700 Read More

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