USD/CNH Trading Plan BUY - Riks Reward 1:4 - Longterm
USDCNH is approaching its resistance at 6.9419 where it is could reverse down to its support at 6.8416. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCNH bounced off 6.9330 where it could potentially rise further to 6.8416. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
FX:USDCNH weekly base, let's watch!
Risk overall continues to ebb and flow on US-China trade uncertainty and looks somewhat asymmetric, tilted to the downside, based on our view that the HK Bill if passed through the House of Reps could seriously complicate trade talks and the signing of Phase 1. Stock markets are on the rise, and the risk-on atmosphere is weighing on USD, JPY and gold. Last week...
USDCNH expected to rise up to 1st resistance at 7.0344 where it could potentially react off and drop down to 1st support at 6.9466. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCNH reversed off its resistance at 7.0344 where it could potentially drop further to 6.9466. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCNH reversed off its resistance at 7.0344 where it could potentially drop further to 6.9466. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCNH reversed off its resistance at 7.0195 where it could potentially drop further to 6.9466. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCNH expected to rise up to 1st resistance at 7.0195 where it could potentially react off and drop down to 1st support at 6.9466. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCNH bounced off 6.9863 where it could potentially rise further to 7.0901. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCNH bounced off 6.98629 where it could potentially rise further to 7.09012. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCNH bounced off 7.01526917 where it could potentially rise further to 7.09012153. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCNH bounced off 7.03548 where it could potentially rise further to 7.10789. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCNH bounced off 7.04673 where it could potentially rise further to 7.10789. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCNH is expected to drop to 1st support at 10.67524 where it could potentially react off and up to 1st resistance at 10.74484. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCNH bounced off 7.05036 where it could potentially rise further to 7.10789. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.