Chinese Yuan (CN¥) Steady Against US Dollar ($) (CNYUSD)

Chinese Yuan (CN¥) Steady Against US Dollar ($) (CNYUSD)

Chinese Yuan (CN¥) Steady Against US Dollar ($) (CNYUSD) China’s yuan was steady against the US dollar on Friday, with sentiment improving on firmer signals from the authorities and as investors trimmed bearish bets on the Chinese currency. The People’s Bank of China set the midpoint rate at 6.8884 per US dollar prior to market […]

US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) Trading Outlook

US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) Trading Outlook

US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) Trading Outlook HEFFX Notes Chinese Yuan Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 6.71. The projected lower bound is: 6.63. The projected closing price is: 6.67. FOREX CNY= closed up 0.013 at 6.669. Volume […]

Chinese Yuan Renminbi (CNY) ⇨ US Dollar ($) (USDCNY) HEFFX Notes

Chinese Yuan Renminbi (CNY) ⇨ US Dollar ($) (USDCNY) HEFFX Notes

Chinese Yuan Renminbi (CNY) ⇨ US Dollar ($) (USDCNY) HEFFX Notes HEFFX Renminbi Target is 7.00. Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 6.70. The projected lower bound is: 6.62. The projected closing price is: 6.66. Candlesticks indicates a continuation […]

Chinese Yuan Renminbi (CNY) ⇨ US Dollar ($) (USDCNY) HEFFX Notes

Chinese Yuan Renminbi (CNY) ⇨ US Dollar ($) (USDCNY) HEFFX Notes

Chinese Yuan Renminbi (CNY) ⇨ US Dollar ($) (USDCNY) HEFFX Notes HEFFX Renminbi Target is 7.00. Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 6.69. The projected lower bound is: 6.62. The projected closing price is: 6.65. Candlesticks signify a steady […]