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FX.co ★ Daily Forex Analytics. USDCNY

If you want to achieve success in trading, you definitely need high-quality analytics. Unfortunately, experience has proven that not every trader is able to analyze the market situation. The Forex Analysis section contains reviews of experts who research various financial events and have a wealth of experience in Forex trading. Analytical reviews and forecasts are published on a daily basis so that you do not trade blindfolded but have a significant layer of information at hand.
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USDCNY

Asian market in the red

Strengthening of the dollar and heavy news background strikes the Asian markets. Investors are devastating the region, pulling cash from safe-haven currencies. The main currencies of Asia...
iconRelevance until2022-10-10
Analytical expert:
2022-09-26T11:17:20

USD/CNY analysis for September 07, 2022 - Strong potential growth

Technical analysis: USD/CNY has been trading upside as I expected and the USD/CNY is heading towards major upside long term objective. I still see potential for further bigger growth. Trading...
iconRelevance until2022-09-08
Analytical expert:
2022-09-07T08:01:09

USD/CNY analysis for September 06, 2022 - Breakout of the symmetrical triangle

Technical analysis: USD/CNY has been trading upside as I expected. The momentum is very strong to the upside and I see no sign for the reversal. There is potential...
iconRelevance until2022-09-07
Analytical expert:
2022-09-06T08:17:20

USD/CNY analysis for September 05, 2022 - Breakout of the triangle pattern

Technical analysis: USD/CNY has been trading upside today and I saw the breakout of the symmetrical triangle pattern on the 4H time-frame. Trading recommendation: Due to the breakout...
iconRelevance until2022-09-06
Analytical expert:
2022-09-05T12:28:08

USD/CNY analysis for August 29, 2022 - First upside target has been reached, second target in the playt at 73080

Technical analysis: USD/CNY has been trading upside as I expected. The price reached my first upside objective at 6.910 and is heading towards second upside target. Trading recommendation...
iconRelevance until2022-08-30
Analytical expert:
2022-08-29T11:51:14

USD/CNY analysis for August 26, 2022 - Upside breeakout of the triangle pattern

Technical analysis: USD/CNY has been trading upside as I expected. There is the breakout of the symmetrical triangle pattern in the background, which is good sign for further rally. Trading...
iconRelevance until2022-08-27
Analytical expert:
2022-08-26T12:12:41

USD/CNY analysis for August 23, 2022 - Upside breakout of triangle and potential for bigger growth

Technical analysis: USD/CNY has been trading upside as I expected. The CNY is approaching first upside objective and the momentum is still strong to the upside. Trading recommendation...
iconRelevance until2022-08-24
Analytical expert:
2022-08-23T08:16:26

USD/CNY analysis for August 22, 2022 - Upside breakout and potential for bigger growth

Technical analysis: USD/CNY has been trading upside as I expected. There is strong upside momentum and breakout of the multi week triangle in the background, which is sign that buyers...
iconRelevance until2022-08-23
Analytical expert:
2022-08-22T08:23:27

Traders are losing their heads over good inflation news

More recently, the US government has reported a good achievement in the fight against inflation. The latter fell by 0.6% from the June level, which was a pleasant surprise...
iconRelevance until2022-09-15
Analytical expert:
2022-08-18T21:45:11

USD/CNY analysis for August 18, 2022 - Upside breakout and potential for bigger growth

Technical analysis: USD/CNY has been trading upside and there is the breakout of the bigger sideways base, which is strong sign for further rise. Trading recommendation: Due to the breakout...
iconRelevance until2022-08-19
Analytical expert:
2022-08-18T08:33:11