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AUD/CNY - Australian Dollar Chinese Yuan

Real-time Currencies
Currency in
CNY
AUD/CNYChinese Yuan
AUD/USDUS Dollar
AUD/CADCanadian Dollar
AUD/MXNMexican Peso
AUD/NZDNew Zealand Dollar
AUD/FJDFiji Dollar
AUD/ILSIsraeli Shekel
AUD/AEDUAE Dirham
AUD/SARSaudi Riyal
AUD/BHDBaharain Dinar
AUD/JODJordan Dinar
AUD/OMROmani Rial
AUD/QARQatari Riyal
AUD/LBPLebanese Pound
AUD/CHFSwiss Franc
AUD/PLNPolish Zloty
AUD/NOKNorwegian Krone
AUD/SEKSwedish Krona
AUD/CZKCzech Koruna
AUD/DKKDanish Krone
AUD/EUREuro
AUD/GBPBritish Pound
AUD/HUFHungarian Forint
AUD/ISKIcelandic Kr
AUD/RUBRussian Ruble
AUD/TRYTurkish Lira
AUD/RONRomanian Leu
AUD/BYNBelarusian Ruble
AUD/UAHUkrainian Hryvnia
AUD/ZARSouth African Rand
AUD/MADMoroccan Dirham
AUD/XAFCentral African Franc
AUD/NADNamibian Dollar
AUD/KESKenyan Shilling
AUD/EGPEgyptian Pound
AUD/XOFWest African CFA franc
AUD/BWPBotswana Pula
AUD/XCDEast Caribbean Dollar
AUD/BBDBarbadian Dollar
AUD/JMDJamaican Dollar
AUD/JPYJapanese Yen
AUD/SGDSingapore Dollar
AUD/THBThai Baht
AUD/HKDHong Kong Dollar
AUD/IDRIndonesian Rupiah
AUD/INRIndian Rupee
AUD/KRWKorean Won
AUD/MYRMalaysian Ringgit
AUD/PKRPakistani Rupee
AUD/TWDTaiwan Dollar
AUD/PHPPhilippine Peso
AUD/LKRSri Lankan Rupee
AUD/NPRNepalese Rupee
AUD/ARSArgentinian Peso
AUD/BRLBrazil Real
AUD/CLPChilean Peso
AUD/VESVenezuelan Bolivar
AUD/PABPanamanian Balboa
Disclaimer
4.5574
+0.0004(+0.01%)
Closed

AUD/CNY Discussions

Target at 4.8275 for day
4.820 by midnight EST to 5:00 am 6/26
Sell Aussie$, Singapore$, NZ$, HK$, and Euro against Korean Won, the reason is that: . . In fact, the S.Korean domestic economy may be suffering from the holding interest rate by BOK due to increasing more and more goods from overseas esp oil and gas from US, Middle East and so on:) . . However, S.Korean companies such as LG Electronics, Samsung Electronics, S.K Hynix etc already became multi-national corps, means that they are free from the tension between China and USA as a great supplying channel unless China and USA both ban all of importing activities, means that US and China impose tariffs on both products not S.Korean goods esp intermediate products, which must be imported to manufacture complete products:). . As a matter of fact, the multi-national corps, mentioned above from S.Korea, will be the biggest winner as a great supplying channel as they have been in the world market since 2011yr:) . . However what about Aussie, NZ, H.K, Singapore etc? No Growth Engine for them:)
Frankly, Aussie economy is on the way of being collapsed due to too much household debt. And Aussie$ will be devalued further and further against not only US$, but also esp Korean Won, RMB, Yen etc:) . . RBA should have hiked its rate at least 0.25% much earlier:) Aussie rate must be over 2.0%, or the economy will be gone as you can see now:)
The Korean Won will be appreciated further and further against not only Aussie$, but also against US$ until 1st half of 2020:)
You must sell Aussie$, because Aussie banking system has been unstable now due to the highest household debt in Asian region followed by NZ. ..About 46% and 43% of total bank assets in Aussie and Kiwi are being captured by property loans, that is ridiculous situations/ That means the Aussie economic depression will be last for the next decade, no way to return!
Trend turning timing is later than prediction, but the new trend is happening as expected.. Due to latest candlestick pattern, I expect strong support around 4.80.
Eventually, it got support on 5.00 and rebound to 20 DaysAverage, around 5.07.. However, I still foresee a drop below 5.0 in this week or next, I expect initial support on 4.94
Very likely to drop below 5.0 AUD/CNY within coming 2 weeks
Buy AUD/CNY
Agreed
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