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Technical Analysis

Technical analysis is a method of studying and evaluating market dynamics based on the price history. Its main purpose is to forecast price dynamics of a financial instrument in future through technical analysis tools. Technical analysts use this method of market analysis to forecast the prices of different currencies and currency pairs. This type of the analysis will allow you to make market forecast based on studying historical prices of the trading instruments.
See also latest technical analysis of the price dynamics of Dollar Yuan: USDCNH forecast.

USD CNH News

China Rate Cut Surprise

China Rate Cut Surprise

China's central bank, PBOC, surprised financial markets by cutting key interest rates on Monday in an effort to boost the...

22/7/2024
China’s Historic Rate Cut: How to Profit from the Market Confusion

China’s Historic Rate Cut: How to Profit from the Market Confusion

China overwhelmed the markets on Monday by cutting its 5-year loan prime rate (LPR) by 25 basis points, the largest cut ever,...

20/2/2024
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