6.696
Today
-0.11%
5 Days
-0.27%
1 Month
-0.69%
6 Months
-2.68%
Year to Date
-4.00%
1 Year
-5.68%
Opening Price
6.703Previous Closing Price
6.704
The configuration is negative.
above 6.7019, look for 6.7060 and 6.7085.
The downside prevails as long as 6.7019 is resistance, with 6.6909 and 6.6885 as targets
On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7521 compared to the previous day's fix of 6.7580 and 6.7065 Reuters estimate.
Commerzbank’s China-focused FX Research highlights that PBoC Governor Pan Gongsheng framed weaker loan growth as part of structural upgrading, signalling no imminent credit-driven stimulus.
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.7580 compared to the previous day's fix of 6.7628 and 6.7241euters estimate.
On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7628 compared to the previous day's fix of 6.7670 and 6.7148euters estimate.
Commerzbank’s Volkmar Baur notes that Chinese growth remains export-led as domestic demand stays soft, with investment and retail sales under pressure and car sales slumping.
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.
