The government of Argentina is reportedly seeking to expand its de-dollarization agreement with China due to the lack of dollars that the country is facing. According to reports,...
The continuation of the upside momentum in USD/CNH could challenge the 7.1200 level in the next weeks, comment UOB Group’s Economist Lee Sue Ann and M
A look at the day ahead in U.S. and global markets from Mike Dolan World markets are finally bracing for accidents as the U.S. debt ceiling impasse threatens to empty U.S....
The USD/CNH pair has turned sideways after a decent upside move above 7.0620 in the Asian session. The asset is looking to recapture a five-month high
The multipolarization of the global reserve currency system is accelerating. Ironically, Western sanctions against Russia have intensified the move away from the US dollar.
The dollar isn't crashing, it is surging again and at the worst time.
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Strong Sell | Strong Sell | Sell | Strong Buy | Strong Buy |
| Technical Indicators | Sell | Sell | Buy | Strong Buy | Strong Buy |
| Summary | Strong Sell | Strong Sell | Neutral | Strong Buy | Strong Buy |
Pattern | Timeframe | Reliability | Candles Ago | Candle Time | |
|---|---|---|---|---|---|
| Completed Patterns | |||||
| Three Outside Down Bearish | 1M | 5 | Dec 22 | ||
| Engulfing Bearish | 1M | 6 | Nov 22 | ||
| Three Outside Up | 30 | 24 | May 26, 2023 09:30 | ||
| Engulfing Bullish | 30 | 25 | May 26, 2023 09:00 | ||
| Evening Doji Star | 1W | 33 | Oct 02, 2022 | ||
Exchange | Last | Bid | Ask | Volume | Change % | Currency | Time | ||
|---|---|---|---|---|---|---|---|---|---|
Real-time Currencies | 7.0718 | 7.0718 | 7.0719 | 95,931 | -0.30% | CNH | |||
| 7,069.00 | 0.00 | 0.00 | 435 | -0.21% | CNH |
Time | Cur. | Imp. | Event | Actual | Forecast | Previous |
|---|---|---|---|---|---|---|
| Monday, 29 May 2023 | ||||||
| 15:50 | USD | 3.40% | ||||