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USD/CNY Trading forecasts and signals

Total signals – 4

Active signals for USD/CNY

Total signals – 2
Showing 1-2 of 2 items.
TraderPrecision for symbol, %Opening quoteTargetCreation dateForecast closure dateS/L and сommentPrice
PigRider100.0-.--0-
-.--0-
28.08.202129.09.20211.2 USD
PigRider100.0-.-0--
-.-5--
28.08.202122.09.20211.2 USD
 
 

USD/CNY rate traders

Total number of traders – 1
PigRider
Symbols: 17
AUD/USD, EUR/USD, GBP/USD, USD/CAD, USD/JPY, EUR/GBP, EUR/CHF, EUR/JPY, NZD/USD, Bitcoin/USD, US Dollar Index, WTI Crude Oil, Silver, Gold, Copper, Tesla Motors, USD/CNY
Trend
accuracy
69%
  • AUD/USD 67%
  • EUR/USD 63%
  • GBP/USD 78%
  • USD/CAD 0%
  • USD/JPY 80%
  • EUR/GBP 67%
  • EUR/CHF 100%
  • EUR/JPY 100%
  • NZD/USD 50%
  • Bitcoin/USD 75%
  • US Dollar Index 0%
  • WTI Crude Oil 100%
  • Silver 0%
  • Gold 67%
  • Copper 0%
  • Tesla Motors 0%
  • USD/CNY 100%
Price
accuracy
66%
  • AUD/USD 67%
  • EUR/USD 58%
  • GBP/USD 78%
  • USD/CAD 0%
  • USD/JPY 80%
  • EUR/GBP 67%
  • EUR/CHF 35%
  • EUR/JPY 100%
  • NZD/USD 50%
  • Bitcoin/USD 73%
  • US Dollar Index 0%
  • WTI Crude Oil 100%
  • Silver 0%
  • Gold 67%
  • Copper 0%
  • Tesla Motors 0%
  • USD/CNY 60%
Profitableness,
pips/day
188
  • AUD/USD 0
  • EUR/USD -3
  • GBP/USD 8
  • USD/CAD -17
  • USD/JPY 8
  • EUR/GBP 7
  • EUR/CHF 4
  • EUR/JPY 27
  • NZD/USD 1
  • Bitcoin/USD 557
  • US Dollar Index -16
  • WTI Crude Oil 85
  • Silver -5
  • Gold 0
  • Copper -152
  • Tesla Motors -49
  • USD/CNY 80
More

Completed signals of USD/CNY

Total signals – 2
Showing 1-2 of 2 items.
TraderDate and time createdForecast closure dateClosing quoteS/LCommentsTrend accuracy in %Price accuracy in %Profitability points
PigRider22.08.202125.08.20216.47616.530010019.539
PigRider22.08.202124.08.20216.48006.5500100100.0200

 

Not activated price forecasts USD/CNY

Total signals – 5
Showing 1-5 of 5 items.
TraderSymbolOpen dateClose dateOpen price
PigRiderUSD/CNY28.08.202115.09.20216.8500
PigRiderUSD/CNY28.08.202108.09.20216.8000
PigRiderUSD/CNY28.08.202131.08.20216.7500
PigRiderUSD/CNY22.08.202127.08.20216.4400
PigRiderUSD/CNY22.08.202126.08.20216.4600

 

China may start injecting liquidity into the economy
China may start injecting liquidity into the economy China may start pouring liquidity into the economy to maintain growth in the second half of the year, and this could have a positive effect on Chinese stocks.Top leaders of China at the Politburo meeting announced targeted support for the economy, as risks to growth increase.China's Manufacturing PMI was released yesterday, reflecting signs of a slowdown in economic activity. China's production grew at the slowest pace in 16 months.The new coronavirus outbreak is of great concern for continued growth in China's economic activity. China is facing the Delta option and the government is trying to stem the spread by imposing restrictions that could slow the economy down.Given the already existing factors of slowing economic activity and the government's announcement of support, it is likely that the Chinese government will have to increase its bond issuance to support the economy. The increase in bond issuance will force the Central Bank of China to ease monetary policy and increase liquidity in order to control the rise in bond yields.But how much will the People's Bank of China increase liquidity, and how will it help investors? If we take into account the past statements of the Central Bank of China that monetary policy will remain "flexible", then huge injections can not be expected. The People's Bank of China will strive to control excess liquidity in order to avoid rising inflation, although even here the Central Bank of China has somewhere to scatter, since China does not have strong problems with rising prices.The People's Bank of China will continue to soften monetary policy in the old footsteps, through reducing the collateral for banks' reserves. But it is also possible that if the economy needs more liquidity, then there is room for lower interest rates due to low inflation in the country.The increase in cash liquidity is likely to help the sagging Chinese companies after the regulatory crackdown to find support and restore investor ...
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Inflation in China slowed down to 1% in July
Inflation in China slowed down to 1% in July China's Statistical Office reported a 1% rise in consumer prices in July compared to prices that were in effect a year ago. In the previous month, inflation was 1.1%. Analysts predicted a slowdown in price growth in July to 0.8%. According to the results of seven months of this year, inflation in China amounted to 0.6% in annual terms. The cost of services increased by 1.6% last month. Prices for goods belonging to the non-food group rose by 2.1%. At the same time, food prices fell by 3.7%. The cost of health care and education services increased in July in annual terms by 0.4% and 2.7%, respectively. Transport and communications rose 6.9%. Housing prices rose 1.1%. Inflation in Chinese cities was 1.2%, in villages - 0.4%. The Statistical Office of the country also reported a rise in producer prices in July by 0.9%. In the previous month, inflation was recorded at the level of 8.8%. In 2020, inflation in China was below the official forecast. It amounted to 2.5% with the forecast of price growth by 3.5%. The government expects that this year will end with inflation of ...
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Chinese stocks: the danger is over?
Chinese stocks: the danger is over? This week turned out to be difficult for Chinese companies and their investors, as we have already told about on our telegram channel.Beijing's new measures against the national education sector, the volume of which is estimated at $ 120 billion, provoked a collapse in the shares of local Edtech companies. After them, the papers of the IT giants of the PRC also flew down.The sharp sell-off of shares of educational companies threatened undesirable side effects in other sectors of the local stock market, as well as in the debt and foreign exchange markets of the PRC. Realizing this, the country's authorities decided to intervene in the situation.  To calm the financial markets, the Chinese securities regulator (CSRC) held a meeting on Wednesday evening, July 28, with the heads of the world's leading investment banks, including Credit Suisse, Goldman Sachs, JPMorgan and UBS.At the meeting, the CSRC vice chairman assured bankers that the current tough measures were not aimed at artificially separating the Chinese and American financial markets from each other. The official policy will continue to be more stable, which will avoid sharp volatility in the markets, the official said.At the same time, the quasi-state newspaper China Daily reported that Beijing continues to support domestic companies seeking to list abroad, and regulators will soon present additional measures to further open the Chinese capital market to foreign companies.As we can see, the efforts of the authorities to calm investors have borne fruit: the fall of the Chinese stock market has stopped, and there has been a rebound.But at the same time, there was no good news for the education sector. The statements made calmed the market, but they do not negate the fact that China still plans to isolate the education industry from the influx of foreign investment and is not going to reconsider its ...
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