
USD/CNH Forecast: New Year, Same Yu-an Strength
USD/CNH has been trending consistently lower within a bearish channel since the start of November, falling 2500 pips from near 7.14 to closer to 6.88 now – what are the levels to watch next?
Stay in step with market opportunities and get insights, actionable trade ideas and dedicated support.

USD/CNH has been trending consistently lower within a bearish channel since the start of November, falling 2500 pips from near 7.14 to closer to 6.88 now – what are the levels to watch next?

A descending triangle pattern is tightening its grip on USD/CNH. Will the next move be a sharp break toward 7.0000?

After US and Chinese lieutenants agreed to a “preliminary framework deal” over the weekend, USD/CNH bears have the upper hand for the moment, with a break below bullish trend line support potentially exposing the pair’s one-year low near 7.09 next.
The US dollar rallied as geopolitical risks flared and traders priced in a less dovish Fed. Can AUD/USD and USD/CNH hold key support?
AUD/USD surged as US–China trade optimism and yuan strength boosted sentiment. But with resistance near and risk appetite fading, Aussie bulls may face hurdles ahead.
Friday’s sharp USD/CNH drop may mark the beginning of a new bearish phase—or just a classic bear trap during thin holiday trade. With Chinese markets set to reopen, what happens next could steer the direction of Asia FX, particularly for the Aussie and Kiwi.
Traders may be able to use USD/CNH as a potential signal into the CCP’s outlook toward the ongoing trade tensions - see how!
Tensions between Washington and Beijing are flaring again as fresh tariff threats revive fears of a broader trade war. With USD/CNH hovering just beneath record highs, the yuan’s next move could trigger fresh volatility across global markets. AUD/USD is already under pressure, with momentum firmly favouring further downside.
FX markets are in turmoil as Trump’s tariffs hammer China and trigger a rush into the yen. The yuan is sliding toward key technical levels, while USD/JPY looks vulnerable to further downside if risk aversion deepens. The PBOC’s next move could be crucial in shaping what happens next.
USD/CNH is stuck in a battle at key support—its next move could determine whether AUD/USD and NZD/USD extend their breakout or lose momentum.
AUD/USD is struggling as China trade tensions escalate, with price action closely tied to moves in USD/CNH. While Beijing is ramping up fiscal support to boost consumer spending, details remain thin, leaving the Aussie stuck in a headline-driven market. Can .6200 hold as support?
Back-to-back U.S. tariffs on Chinese imports have put the yuan under pressure, fueling a bullish USD/CNH breakout. But after briefly topping 7.3000, the pair has pulled back, hinting at possible intervention from Beijing. Will resistance hold, or is another attempt to set fresh record highs on the cards?
Hang Seng Tech is surging, USD/CNH is breaking lower, and sentiment toward Chinese assets is shifting fast. With tech valuations still below historical averages and momentum running hot, is this the start of a sustained rally or just another false dawn? Key levels and setups to watch
StoneX Europe Ltd may make third party material available on this website which may contain information included but not limited to the conditions of financial markets. The material is for information purposes only and does not contain, and should not be construed as containing, investment advice and/or investment recommendation and/or an investment research and/or an offer of or solicitation for any transactions in financial instruments; any decision to enter into a specific transaction shall be made by the client following an assessment by him/her of their situation.
StoneX Europe Ltd makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied. You should always seek independent advice as to your suitability to speculate in any related markets and your ability to assume the associated risks, if you are at all unsure. We are not under any obligation to update any such material. Any opinion made may be personal to the author and may not reflect the opinion of StoneX Europe Ltd.