FX Trading report on US $ / Chinese Yuan Renminbi.
Wed. Mar 10, 2010
[08:00 GMT]
Foreign Exchange and Precious Metal prices, trading levels & signals have been updated for Wednesday 10th March 2010.
Currency Market Summary: US $ / Chinese Yuan Renminbi
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| 50 day high | 20 day high | 5 day high | 5 day low | 20 day low | 50 day high |
| 6.8346 | 6.8346 | 6.8285 | 6.8250 | 6.8220 | 6.8220 |
| Moving Averages | Commentary | |
|---|---|---|
| 5 Day | 6.8262 | US $ / Chinese Yuan Renminbi has moved above its 5 day moving average. [CloseXMa5, CloseMa5]. Previously, it moved under this average 12 days when the closing price at that time was 6.8290. |
| 20 Day | 6.8272 | USD/CNY remains under its 20 day moving average. [Ma20Close]. This has been the case for 12 days when the closing price at that time was 6.8290. |
| 50 Day | 6.8275 | USD/CNY remains under its 50 day moving average. [Ma50Close]. This has been the case for 11 days when the closing price at that time was 6.8264. |
FX Technical Analysis: US $ / Chinese Yuan Renminbi
| Moving Averages | Commentary | |
|---|---|---|
| 5 Day | 6.8262 | US $ / Chinese Yuan Renminbi has moved above its 5 day moving average. [CloseXMa5, CloseMa5]. Previously, it moved under this average 12 days when the closing price at that time was 6.8290. |
| 20 Day | 6.8272 | USD/CNY remains under its 20 day moving average. [Ma20Close]. This has been the case for 12 days when the closing price at that time was 6.8290. |
| 50 Day | 6.8275 | USD/CNY remains under its 50 day moving average. [Ma50Close]. This has been the case for 11 days when the closing price at that time was 6.8264. |
| Stochastic | Commentary | |
|---|---|---|
| Stochastic | 23.78 | The stochastic continues to rise. [StocRise] The move up has been in place for 1 day at a price of 6.8261. |
| Trigger | 20.49 | |
| Stochastic RSI | Commentary | |
|---|---|---|
| Stochastic RSI | 8.93 | The stochastic RSI is oversold and continues to rise. [StocRSIOS, StocRSIRise] The move up has been in place for 2 days when the price was 6.8260. |
| Trigger | 8.31 | |
| Ichimoku Kinko Hyo Commentary |
|---|
| The Ichimoku Kinko Hyo trading system for USD/CNY has closed the sell signal that has been in place for 1 day. The closing price when the sell signal was generated was 6.8261. [IchiSellClose, Neutral] |
Forex Trading Signals
FX Trading Signals - Technical Analysis signals recently generated.
GBP/CAD: [Swing Sell]
GBP/DKK: [Inside Day]
GBP/SGD: [Inside Day]
USD/ISK: [Ichimoku Kinko Hyo Buy] [5 DMA Bullish Cross]
USD/INR: [Stochastic RSI Oversold Buy]
Forex News
Foreign Exchange headlines.
Wed, 10 Mar 2010 05:52:25 GMT+00:00 WORLD FOREX: Euro Ticks Up Vs Yen On Japan Importer Buying - MarketWatch
Tue, 09 Mar 2010 17:04:06 GMT+00:00 Sterling dips in Forex trading - Knowledge to Action
Wed, 10 Mar 2010 05:12:44 GMT+00:00 SAFE says China's forex holdings are normal - China Economic Review
Tue, 09 Mar 2010 12:54:04 GMT+00:00 Gold Down But China Forex Comments Aren't A Surprise - Wall Street Journal
Tue, 09 Mar 2010 19:28:23 GMT+00:00 Currency fluctuation hits Indian cos forex contracts - Financial Express