USD/CNH Analisi Tecnica | USD/CNH Trading: 2024-12-09 | IFCM Italy
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USD/CNH Analisi Tecnica - USD/CNH Trading: 2024-12-09

USD/CNH Technical Analysis Summary

Accelerometer arrow
Forte Di VendereSellNeutroBuyForte Acquistare

Sopra 7.2910

Buy Stop

Sotto 7.2596

Stop Loss

Ara Zohrabian
Ara Zohrabian
Senior Analytical Expert
Articoli2625
IndicatorSignal
RSI Neutro
MACD Buy
MA(200) Buy
Fractals Neutro
Parabolic SAR Buy

USD/CNH Chart Analysis

USD/CNH Chart Analysis

USD/CNH Analisi Tecnica

The technical analysis of the USDCNH price chart on 4-hour timeframe shows USDCNH,H4 is rebounding above the 200-period moving average MA(200) after retracing to one-week low last session. We believe the bullish momentum will continue after the price breaches above the upper bound of the Donchian channel at 7.2910. A level above this can be used as an entry point for placing a pending order to buy. The stop loss can be placed below 7.2596. After placing the order, the stop loss is to be moved to the next fractal low indicator, following Parabolic indicator signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level without reaching the order, we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Analisi Fondamentale Forex - USD/CNH

China’s inflation ticked down in November. Will the USDCNH price rebound?

China’s inflation ticked down in November: China's consumer prices continued declining in November, while factory-gate prices fell at slower pace. The National Bureau of Statistics of China reported China’s Consumer Price Index (CPI) growth declined to 0.2% over year in November after gaining 0.3% in October when an 0.4% increase was expected. At the same time Producer Price Index (PPI) fell 2.5% over year after 2.9% drop in October when a 2.8% decrease was expected. Slower than expected increase in Chinese consumer prices indicating slowing of Chinese economy is bearish for Chinese currency and bullish for USDCNH.

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Note:
Questa panormaica è di carattere informativo-educativo e viene pubblicata gratuitamente. Tutti i dati compresi nella panoramica sono ottenuti da fonti pubbliche conosciute più o meno affidabili. Inoltre non c'è alcuna garanzia che le informazioni fornite siano precise e complete. Le panoramiche non vengono aggiornate. Tutta l'informazione in ciascuna panoramica, compresi indicatori, opinioni, grafici e o quant'altro, è fornita a scopo conoscitivo e non è un consiglio finanziario. Tutto il testo e qualsiasi delle sue parti, e anche i grafici non possono essere considerati un'offerta per effettuare un'operazione con un qualsiasi asset. IFC Markets e i suoi impiegati in alcun caso non sono responsabili per qualsiasi azione intrapresa sulla base delle informazioni contenute.

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