Please wait

Спасибо.
В теченее 15 минут c Вами свяжеться наш специалист.
Бесплатный вебинар "Ценовой шок: шанс закупиться или ждать худшего?"

USDCNH: bullish trend to continue

crypto currency
08 May 2017 , 14:44

After completing both fundamental and technical analysis of USDCNH, we have decided to buy this instrument after breakout of fractal level of 6.9063.

Fundamental factors

The main fundamental reasons for the further decline of the Chinese currency, in our opinion, are:

-The rapid decline in copper prices over the past week, which has a large share for the dynamics of the yuan.

- The strategy for raising the interest rates of the FRS and positive macroeconomic data on the labor market in the US.

Technical analysis

From the technical point of view, we have found the following reasons to buy the currency pair.

In order to further explore the analysis, as well as the entry point to the position, you can see full details in the personal account of our TSI Trading Pro platform.

TSI RECOMMENDS
TSI community
Sign up to our newsletter

Sign up for our newletter and do not miss any important news
of world of finance!

You can always unsubscribe if you do not like

facebook
Нажмите «Нравится», чтобы читать TSI Analitycs в Facebook
X
Sign up to our newsletter

Sign up for our newletter and do not miss any important news of world of finance!

You can always unsubscribe if you do not like