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Chong Zheng
Do you think it is a good time to short EUR/USD because it is too high? I hope the chart below will change you mind. Have a good look at EUR/GBP.
Chong Zheng
What a bull trap! what a good time to reenter for USD/CNH bears and RMB bulls! I have opened more positions to hope USD/CNH market will be much more bearish in next a few weeks.
Chong Zheng
Added topic USD/CNH Trend Reversal Signal
Due to geopolitical pressure and success in diminishing the housing bubbles, the central bank of China might not further push down RMB. Also, we can find USD/CNH is almost equal to USD/CNY. There is no room for arbitrage offshore RMB so the