Cycles on the 322 continued0: Apr 20 2020 :: Covid 1: Mar 08 2021 :: Bull Market Shock 2: Jan 24 2022 :: __Hikes__ 3: Dec 12 2022 :: FX Blowup - Gilts/Evergrand 4: Oct 30 2023 :: Bond peak 5: Sep 16 2024 :: __Cuts__ 6: Aug 04 2025 :: 7: Jun 22 2026 ::by nananewsletter0
USDCNH : Potential 3 of 3Following up on the development, if the count is valid, the exuberant downside thrust should occur fulfilling its fifth way down in its primary degree.by micchua0
USDCNY, DailyBeyond recent changes in monetary policy, the yuan has received some support from news that major Chinese banks have been actively selling dollars to try to support the currency. The market is waiting for further details on the fiscal stimulus announced last month. The 38.2% weekly Fibonacci retracby Exness_Official1
USDCNY Brace for a cyclical 1-year sell-off.The USDCNY pair is almost on a 3-month decline after a Lower Highs rejection early in July. Having broken below its 1W MA50 (blue trend-line) the same month, which was the long-term Support, this Lower Highs is a standard cyclical top formation that has shown up both on the May 2020 and 2017 tops. Shortby TradingShot7
YUAN - USD, Correlation with BitcoinA part from 2019 when monetary conditions were actually similar to today (FED first cut), the chinese Yuan and USD chart has been a good indicator for BTC/Crypto price action. Pray that this time things are going in the right direction, with the USD losing purchasing power, China printing, and CrypLongby FeyDeFi0
CNY/USD Trend since 06 2007. Channel. Reversal zone.Logarithm. Time frame 1 week. At the moment, the currency is stronger than the dollar. The main trend is a descending channel. The price is in it now. Secondary trend — breakout of the descending trend line. Price growth to the median of the channel, and in case of its breakthrough, to the resLongby SpartaBTC226
CNY/USD is trying to tell us something Note as the CNY/USD broke to the upside and its LMACD line started oscillating above the 0 line which is a bluish sign, BTC started the parabolic phase. We might follow this pattern this time Longby elalemiami224
Goldman Sachs Predicts China's Central Bank to Cut Reserve RequiGoldman Sachs analyst Hui Shan expects China's central bank to reduce the reserve requirement ratio (RRR) in the third and fourth quarters, aiming to manage the decline in long-term yields. This move comes in response to rising bond prices and weak aggregate demand. The People's Bank of China (PBOC)Longby signalmastermind3
USDCNY : Another angleThe setup for the AB=CD appears to be showing up too. The confluence of the different methodology expressed may entice one to look closer. by micchua0
CNY : Interesting Setup Note the wave relationship panning out to a high probable Primary Wave 4 (0.618 retracement) and fitting within the parallel channel while resisting at the upper channel reinforcing with a potential double top is something worth looking out.by micchua0