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Tag: USDCNH

USDCNH Aims for 7.27 on Breaking 78.6% Fibonacci

USDCNH Analysis J.J. Edwards -
The offshore yuan recently strengthened to about 7.22 per dollar, bouncing back from its lowest point in over three...

China Trade Surplus Drives Selling Pressure on USDCNH

USDCNH Analysis J.J. Edwards -
FxNews—On Thursday, Chinese stocks saw significant gains. The Shanghai Composite rose by 2.57% to 3,471, and the Shenzhen Component...

USDCNH Forecast – China’s Exports Rise by 2.4%

USDCNH Analysis J.J. Edwards -
In September 2024, China's exports increased by 2.4% compared to last year's, reaching USD 303.71 billion. This growth was...

Yuan Drops as China Delays Stimulus Boost

USDCNH Analysis J.J. Edwards -
The offshore yuan recently remained stable at about 7.06 per dollar despite expectations of new economic boosts. The National...

USDCNH Forecast – Pullback Faces Resistance at 7.23

USDCNH Analysis J.J. Edwards -
The U.S. dollar made a comeback against the Chinese currency, Yuan. As of writing, the USDCNH bullish momentum eased...

USDCNH Forecast – China Market Awaits Economic Data

USDCNH Analysis J.J. Edwards -
Technical Analysis—The USDCNH currency pair trades within a bullish channel. After reaching the upper band of the flag, the...

USDCNH Forecast – Yuan Hits New High

USDCNH Analysis J.J. Edwards -
FxNews – In today's USDCNH forecast, we will comprehensively analyze the pair, delving into its technical and fundamental aspects...

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