China Sets Date For Its Newest Tariff Counter-attack
China will slap 25% tariff rate on $16 billion worth of its U.S. imports, starting August 23 – in an apparent tit-for-tat against the U.S.
The announcement from the Chinese Ministry of Commerce comes close on the heels of the U.S. Trade Representative’s decision to impose 25% levies on $16 billion of Chinese goods also commencing on August 23.
And the ‘war’ might be far from over. The U.S. is also weighing its options to raise tariff rate to 25% from 10% on an additional $200 billion of Chinese imports. Should the U.S. go forward with the tariff hike, China is ready with a list of $60 billion worth of American goods to impose further levies on.
Momentum Indicator for CNYUSD turns negative, indicating new downward trend
CNYUSD saw its Momentum Indicator move below the 0 level on October 06, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 136 similar instances where the indicator turned negative. In of the 136 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for CNYUSD moved out of overbought territory on September 18, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 43 similar instances where the indicator moved out of overbought territory. In of the 43 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Moving Average Convergence Divergence Histogram (MACD) for CNYUSD turned negative on October 06, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 111 similar instances when the indicator turned negative. In of the 111 cases the stock turned lower in the days that followed. This puts the odds of success at .
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
CNYUSD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 191 cases where CNYUSD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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