Chart USD/CNH Update: Extending rejection from the 7.2470 high

May 15, 2024 3:50 AM UTC

Break above the 7.2340/7.2415 resistance saw gains stalling at the 7.2470 high

Chart USD/CNH Update: Extending gains towards 7.2600 resistance

May 14, 2024 5:16 AM UTC

Break above the 7.2340/7.2415 resistance extending gains from the May low and see room to the 7.2450 resistance

Chart USD/CNH Update: Extend gains

May 13, 2024 4:30 AM UTC

Consolidation below the 7.2340 resistance has given way to break higher to reach the 7.2415 resistance

Chart USD/CNH Update: Consolidating below 7.2340 resistance

May 10, 2024 3:56 AM UTC

Lower in consolidation from the strong resistance at the 7.2340 high of February

Chart USD/CNH Update: Strong resistance at 7.2340/7.2415

May 9, 2024 3:17 AM UTC

Sharp rally from the 7.1650 low to break the 7.2200 level has seen extension to retest strong resistance at the 7.2340 high of February

Chart USD/CNH Update: Bounce approaching strong resistance at 7.2340/7.2415

May 8, 2024 3:21 AM UTC

 Sharply higher to extend bounce from the 7.1650 low 

Chart USD/CNH Update: Extending corrective bounce; strong resistance at 7.2340

May 7, 2024 5:25 AM UTC

 Extending bounce from the 7.1650 low as prices unwind the oversold intraday and daily studies

Chart USD/CNH Update: Extending sharp bounce from the 7.1650 low

May 6, 2024 3:34 AM UTC

 Bounce at the 7.1650 low see prices consolidating sharp drop from above the 7.2700 level

Chart USD/CNH Update: Sharply lower following break of 7.2340 support

May 3, 2024 4:37 AM UTC

 Sharply lower to extend break of the 7.2340 support and trendline from the late-December low

Chart USD/CNH Update: Weighing on the 7.2340 support, break in focus

May 2, 2024 5:14 AM UTC

Leaning lower from the 7.2740 high of last week to pressure the 7.2340/00 support and trendline from the late-December low

Chart USD/CNH Update: Still supported at 7.2340

April 30, 2024 5:39 AM UTC

Lower in consolidation from the 7.2830 high to retest the 7.2340 support and trendline from the late-December low

Chart USD/CNH Update: Extending consolidation below 7.2740 high, room for deeper pullback

April 29, 2024 4:07 AM UTC

Remains in consolidation below the 7.2740 high 

Chart USD/CNH Update: Lower in consolidation from 7.2740 high

April 26, 2024 4:08 AM UTC

Remains supported on pullback from the 7.2740 high and break of the 7.2500 level needed to expose the 7.2415 low to retest

Chart USD/CNH Update: Higher in consolidation from 7.2415 low

April 25, 2024 5:07 AM UTC

Saw bounce from the 7.2415 low to retest the 7.2700 resistance

Chart USD/CNH Update: Extending consolidation above 7.2415 low

April 24, 2024 5:26 AM UTC

Higher in consolidation from the 7.2415 low but bounce see resistance at the 7.2700 congestion expected to cap

Chart USD/CNH Update: Higher in consolidation from the 7.2415 low

April 23, 2024 6:08 AM UTC

Turned up from the 7.2415 low as prices consolidate the drop from the 7.2830 high

Chart USD/CNH Update: Scope to extend pullback from the 7.2830 high

April 19, 2024 5:47 AM UTC

Little change, as prices extend consolidation above the 7.2340 support 

Chart USD/CNH Update: Extending pullback from the 7.2830 high

April 18, 2024 5:37 AM UTC

Extending pullback from the 7.2830 high and break of the 7.2500 congestion see room to extend losses to the 7.2340, February high

Chart USD/CNH Update: Consolidating test of 7.2700/7.2820 resistance

April 17, 2024 5:19 AM UTC

No follow-through on break above the trendline from the September high at the 7.2700 level

Chartbook: Chart USD/CNH: Extending gains above steep trendline from 2022 low

March 25, 2024 2:53 AM UTC

Consolidation around the 7.2000 level has given was to sharp break higher through the 7.2400/7.2600 resistance to extend bounce from the 7.1000/7.0875, December corrective lows. 
The steep trendline from the 2022 year low keeps pressure on the upside and see room to further extend gains to 7.2850, t

Chart USD/CNH Update: Extending gains

December 11, 2023 6:03 AM UTC

06:00 GMT - Consolidation below the 7.1770 high has given way to break higher to extend gains from the Nov low to approach the 7.2000 level. Clearance here will see room for continuation higher to retrace losses from the Oct high towards resistance at 7.2245 and 7.2400 level. Corrective gains are ex