- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- USD/CNH Price Analysis: Breaks 10-week-old support to renew monthly low around 6.8500
USD/CNH Price Analysis: Breaks 10-week-old support to renew monthly low around 6.8500
- USD/CNH takes offers to renew multi-day low during three-day downtrend.
- Clear break of 2.5-month-long ascending trend line direct offshore Chinese Yuan buyers towards 6.8100.
- Recovery remains elusive below 100-DMA; previous monthly high is the key upside hurdle.
USD/CNH stands on slippery grounds as it breaks the short-term key support while refreshing the lowest levels in two weeks to around 6.8500 during early Friday.
Not only a clear break of the ascending trend line from early February but a downbeat RSI (14), not oversold, joins the quote’s sustained U-turn from the 100-DMA to also favor the offshore Chinese Yuan (CNH) buyers, which in turn weighs on the USD/CNH price.
With this, the USD/CNH pair is all set to visit a 2.5-month-old horizontal support area surrounding 6.8100.
However, the 6.8000 round figure and the easing RSI (14) line could challenge the USD/CNH bears afterward, if not then multiple levels marked during late January and early February, respectively near 6.7900 and 6.7750, could act as the last defense of the buyers.
On the flip side, the aforementioned support-turned-resistance line restricts the USD/CNH pair’s corrective bounce near 6.8570.
Following that, the 100-DMA level of around 6.8890 and the 6.8900 round figure could challenge the pair buyers.
In a case where USD/CNH remains firmer past 6.8900, the 6.9000 round figure and the previous monthly high of 6.9970 will be crucial to watch as it holds the key to the bull’s dominance.
USD/CNH: Daily chart
Trend: Further downside expected
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
