Posts Tagged: USDCNY

GBP/AUD Triangle Breakdown and Correction Levels

By Katrina Ang September 7, 2022, 7:08 am • Posted in Forex

GBPAUD recently fell though its descending triangle support around the 1.7300 handle and has since found support around 1.6900. Price is pulling up and might…

USD/CNY Pulls Back Off Weekly Highs to 6.3945 After NFPs

By Nicholas Kitonyi June 4, 2021, 8:01 pm • Posted in Forex

The USD/CNY currency pair on Friday pulled back from the current weekly highs of about 6.4116 to trade at around 6.3945 after the US NFPs….

USD/CNY Extends Weekly Gains Towards 6.43 After Rebound

By Nicholas Kitonyi May 11, 2021, 9:27 pm • Posted in Forex

The USD/CNY currency pair appears to have bounced back following last week’s plunge. The pair extended this week’s gains towards 6.4300 following the latest round…

USD/CNY Plunges to New 30-Month Lows After US Spending Data

By Nicholas Kitonyi January 29, 2021, 11:47 pm • Posted in Forex

The USD/CNY currency pair on Friday plunged to a new 30-month low of about 6.4200 following the latest round of US spending data. The currency…

USD/CNY Bounces Off Weekly Lows to Top 6.4810 After US Data

By Nicholas Kitonyi January 22, 2021, 11:13 pm • Posted in Forex

The USD/CNY currency pair on Friday continued with Thursday’s rebound after extending gains above the 6.4810 level. This came following the latest round of the…