USD/CNH: End of Impulse Hints at a Fall in a Bearish Correction
USDCNH seems to be forming a double zigzag w-x-y of a cycle degree. By the […]
Aussie Leading Commodity Currencies Higher in Quiet Trading
Australian Dollar is leading other commodity currencies higher, in otherwise quiet markets today. US and […]
US-China Relations Turn Sour Again
After a period of some improvement in US-China relations since the Xi-Biden meeting in November, […]
Deeper Corrective Recovery on USD/CNH Can Cause More Risk-off
USDCNH is usually a very good indicator for risk-on, risk-off flows because of China’s link […]
China Data Beats Low Expectations – USD/CNH Oversold?
China’s economy rose at an annualised rate of 3% in 2022 according to official data. […]
USD/CNH: Market Preparing for Bullish Growth in a New Wave
In the long term, the USDCNH pair is expected to form a large double zigzag […]
China export plunged -9.9% yoy in Dec, imports dropped -7.5% yoy
China exports plunged -9.9% yoy in December in USD terms, worst drop since February 2020, […]
Chinese Inflation Turns to Acceleration
China picked up the torch this morning with the publication of national inflation data. In […]
Chinese Inflation Turns to Acceleration
China picked up the torch this morning with the publication of national inflation data. In […]
Chinese Inflation Turns to Acceleration
China picked up the torch this morning with the publication of national inflation data. In […]
Copper Strength Signaling Stronger Yuan
Copper is often referred to as “Dr. Copper” because it is used to gauge the […]
USD/CNH extending rebound towards 6.9559 fibonacci level
Chinese Yuan weakened notably last week as the dispute with US over “spy balloons” continued. […]