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USD/CNH

USDCNH
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6.716

-0.000-0.00%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-0.00%

5 Days

-0.04%

1 Month

-0.61%

6 Months

-2.82%

Year to Date

-3.71%

1 Year

-5.90%

Key Data Points

Opening Price

6.716

Previous Closing Price

6.716
Price Range of the Day
6.7156.718
52-Week Price Range
6.7137.153

Recent

Analysis

PBOC sets USD/CNY reference rate at 6.7787 vs. 6.7807 previous

On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7787 compared to the previous day's fix of 6.7807 and 6.7098 Reuters estimate.

Fxstreetan hour ago

Chinese Yuan: Underheld positions unwind with reflation risks – BNY

Geoff Yu at BNY highlights CNY as the main outlier in the U.S. trade-weighted basket, showing behavior opposite to other key currencies. CNY failed to react positively to July–August Fed and Treasury decisions, with weak domestic growth reinforcing easing expectations.

Fxstreet4 hours ago

PBOC sets USD/CNY reference rate at 6.7807 vs. 6.7829 previous

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.7807 compared to the previous day's fix of 6.7829 and 6.7167 Reuters estimate.

FxstreetThu, Sep 3

PBOC sets USD/CNY reference rate at 6.7829 vs. 6.7809 previous

On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7829 compared to the previous day's fix of 6.7809 and 6.7238 Reuters estimate.

FxstreetWed, Sep 2

PBOC sets USD/CNY reference rate at 6.7809 vs. 6.7828 previous

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 6.7809 compared to the previous day's fix of 6.7828 and 6.7170 Reuters estimate.

FxstreetTue, Sep 1

PBOC sets USD/CNY reference rate at 6.7828 vs. 6.7811 previous

On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7828 compared to Friday's fix of 6.7811 and 6.7344 Reuters estimate.

FxstreetMon, Aug 31

Indicators

The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

1m
5m
15m
30m
1h
2h
4h
D
W
M
1m
5m
15m
D
Sell
Sell(8)
Neutral(4)
Buy(0)
Indicators
Sell(2)
Neutral(4)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
0.001
Neutral
RSI(14)
35.084
Neutral
STOCH(KDJ)(9,3,3)
18.469
Neutral
ATR(14)
0.010
High Vlolatility
CCI(14)
-86.260
Neutral
Williams %R
91.719
Oversold
TRIX(12,20)
-0.026
Sell
StochRSI(14)
26.546
Sell
Moving Average
Sell(6)
Neutral(0)
Buy(0)
Indicators
Value
Direction
MA5
6.718
Sell
MA10
6.720
Sell
MA20
6.729
Sell
MA50
6.756
Sell
MA100
6.776
Sell
MA200
6.857
Sell

USD/CNH Trading Strategy

Intraday
Short Term
Rebound towards 6.7265

Trading Strategy

Rebound towards 6.7265

Alternative scenario

below 6.7145, expect 6.7099 and 6.7072.

Comment

Rebound towards 6.7265

37 minutes ago
Source: Trading Central(Reference Only)

More Details of USD/CNH

The USD/CNH currency pair represents the exchange rate between the US Dollar (USD) and the Chinese Yuan (CNH), which is the offshore version of the Renminbi (RMB). As China continues to play a significant role in the global economy, the USD/CNH pair has gained prominence among traders and investors. The pair reflects the value of the Chinese Yuan in relation to the US Dollar, influenced by various factors, including trade relations, economic indicators, and monetary policy.

Why is there an offshore version of the Yuan (CNH)?

The CNH was created to facilitate international trade and investment in China while allowing the Yuan's value to be influenced by market forces outside of mainland China's capital controls.

Can I trade USD/CNH on forex platforms?

Yes, USD/CNH is available on most forex trading platforms, allowing traders to speculate on its exchange rate.

How does USD/CNH differ from USD/CNY?

USD/CNY refers to the onshore exchange rate of the Yuan, which is controlled by the People's Bank of China, while USD/CNH is the rate used for trading outside of China and is more market-driven.

USD/CNH

6.716
-0.000-0.00%
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