{"symbol":"USDCNY","slug":"usdcny","name":"US dollar / yuan","group":"Rates & FX","asof":"2026-11-06","price":6.688,"scale":"log","headline":"nested third: cycle III down from 7.35","trend":"down","swing":"down","invalidation":7.1909,"call":{"status":"held","previous":"2026-11-05"},"main":{"summary":"nested third: cycle III down from 7.35, primary 3 of III in progress from 7.1909","structure":"","next":"6.6170 (daily), 6.6165 (hourly), 6.5957 (15-minute), 6.5652 (weekly); monthly 5.36 is the cycle-degree","window":null,"invalid_if":{"price":7.1909,"direction":"above"}},"levels":[{"timeframe":"Monthly","degree":"Cycle","direction":"down","wave":"cycle III down from CN¥7.3500 (2025-04-09), in progress","target":{"low":5.3625,"high":4.4131},"invalidation":7.35,"window":{"from":"2028-06","to":"2043-06","likely_from":"2030-07","likely_to":"2036-06"}},{"timeframe":"Weekly","degree":"Primary","direction":"down","wave":"primary 3 of III down from CN¥7.1909 (2025-11-21), in progress","target":{"low":6.5652,"high":null},"invalidation":7.1909,"window":{"from":"2028-06","to":"2043-06","likely_from":"2030-07","likely_to":"2036-06"}},{"timeframe":"Daily","degree":"Intermediate","direction":"down","wave":"intermediate (3) of 3 down from CN¥6.9555 (2026-03-17), in progress","target":{"low":6.617,"high":6.416},"invalidation":6.9555,"window":{"from":"2028-06","to":"2043-06","likely_from":"2030-07","likely_to":"2036-06"}},{"timeframe":"Hourly","degree":"Minor","direction":"down","wave":"minor 3 of (3) down from CN¥6.8375 (2026-04-29), in progress","target":{"low":6.6165,"high":6.4835},"invalidation":6.8375,"window":{"from":"2028-06","to":"2043-06","likely_from":"2030-07","likely_to":"2036-06"}},{"timeframe":"15-minute","degree":"Minute","direction":"down","wave":"minute iii of 3 down from CN¥6.8034 (2026-06-25), in progress","target":{"low":6.5957,"high":null},"invalidation":6.8034,"window":{"from":"2028-06","to":"2043-06","likely_from":"2030-07","likely_to":"2036-06"}}],"answer":"US dollar / yuan (USDCNY) Elliott Wave count at the Nov 6, 2026 close (price 6.688): the called count is nested third: cycle III down from 7.35. It is invalid above 7.1909. On the daily chart, intermediate (3) of 3 down from CN¥6.9555 (2026-03-17), in progress, targeting 6.617 (invalid above 6.9555).","markdown":"https://elliottwaveatlas.com/markets/usdcny.md","history":[{"date":"2026-11-06","price":6.688,"status":"held","headline":"nested third: cycle III down from 7.35"},{"date":"2026-11-05","price":6.6731,"status":"held","headline":"nested third: cycle III down from 7.35"},{"date":"2026-11-04","price":6.6701,"status":"held","headline":"nested third: cycle III down from 7.35"},{"date":"2026-11-03","price":6.648,"status":"held","headline":"nested third: cycle III down from 7.35"},{"date":"2026-11-02","price":6.661,"status":"held","headline":"nested third: cycle III down from 7.35"},{"date":"2026-10-30","price":6.661,"status":"held","headline":"nested third: cycle III down from 7.35"},{"date":"2026-10-29","price":6.666,"status":"held","headline":"nested third: cycle III down from 7.35"},{"date":"2026-10-28","price":6.668,"status":"held","headline":"nested third: cycle III down from 7.35"},{"date":"2026-10-27","price":6.67,"status":"held","headline":"nested third: cycle III down from 7.35"},{"date":"2026-10-26","price":6.6779,"status":"held","headline":"nested third: cycle III down from 7.35"},{"date":"2026-10-23","price":6.6779,"status":"held","headline":"nested third: cycle III down from 7.35"},{"date":"2026-10-22","price":6.6779,"status":"held","headline":"nested third: cycle III down from 7.35"},{"date":"2026-10-21","price":6.6779,"status":"held","headline":"nested third: cycle III down from 7.35"},{"date":"2026-10-20","price":6.6779,"status":"held","headline":"nested third: cycle III down from 7.35"},{"date":"2026-10-19","price":6.6909,"status":"held","headline":"nested third: cycle III down from 7.35"},{"date":"2026-10-16","price":6.6909,"status":"new","headline":"nested third: cycle III down from 7.35"}],"disclaimer":"Educational and informational only. Not investment advice. Elliott Wave counts are probabilistic scenarios and can be wrong."}