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USD/CNH

USDCNH
View Detailed Chart

6.921USD

-0.009-0.13%
Time
1m
15m
30m
1h
4h
D
W
D

Today

-0.13%

5 Days

-0.51%

1 Month

-0.86%

6 Months

-3.70%

Year to Date

-0.76%

1 Year

-5.22%

View Detailed Chart

Key Data Points

Opening Price

6.927

Previous Closing Price

6.930
Price Range of the Day
6.9186.933
52-Week Price Range
6.9217.429

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(2)
Buy(0)
Indicators
Sell(2)
Neutral(2)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
0.002
Neutral
RSI(14)
30.854
Neutral
STOCH(KDJ)(9,3,3)
11.447
Oversold
ATR(14)
0.017
High Vlolatility
CCI(14)
-154.547
Sell
Williams %R
94.411
Oversold
TRIX(12,20)
-0.035
Sell
StochRSI(14)
0.000
Oversold
Moving Average
Sell(6)
Neutral(0)
Buy(0)
Indicators
Value
Direction
MA5
6.933
Sell
MA10
6.938
Sell
MA20
6.948
Sell
MA50
6.994
Sell
MA100
7.056
Sell
MA200
7.115
Sell

USD/CNH Trading Strategy

Intraday
Short Term
The configuration is negative.

Trading Strategy

The configuration is negative.

Alternative scenario

above 6.9251, look for 6.9302 and 6.9333.

Comment

the downside prevails as long as 6.9251 is resistance

2 hours ago
Source: Trading Central(Reference Only)

USD/CNH News

PBOC sets USD/CNY reference rate at 6.9523 vs. 6.9590 previous

On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9523 compared to Friday's fix of 6.9590 and 6.9334 Reuters estimate.

Fxstreet11 hours ago
On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9523 compared to Friday's fix of 6.9590 and 6.9334 Reuters estimate.

USD/CNY: Policy support anchors regional FX – MUFG

MUFG Bank analysts Lin Li and Khang Sek Lee note the People’s Bank of China is keeping USDCNY fixings below 7.0000, allowing the Chinese Yuan to act as a stabilizing anchor for Asia FX.

Fxstreet12 hours ago
MUFG Bank analysts Lin Li and Khang Sek Lee note the People’s Bank of China is keeping USDCNY fixings below 7.0000, allowing the Chinese Yuan to act as a stabilizing anchor for Asia FX.

PBOC sets USD/CNY reference rate at 6.9590 vs. 6.9570 previous

On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9590 compared to the previous day's fix of 6.9570 and 6.9517 Reuters estimate.

FxstreetFri, Feb 6
On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9590 compared to the previous day's fix of 6.9570 and 6.9517 Reuters estimate.

PBOC sets USD/CNY reference rate at 6.9570 vs. 6.9533 previous

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.9570 compared to the previous day's fix of 6.9533 and 6.9468 Reuters estimate.

FxstreetThu, Feb 5
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.9570 compared to the previous day's fix of 6.9533 and 6.9468 Reuters estimate.

PBOC sets USD/CNY reference rate at 6.9533 vs. 6.9608 previous

On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9533 compared to the previous day's fix of 6.9608 and 6.9385 Reuters estimate.

FxstreetWed, Feb 4
On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9533 compared to the previous day's fix of 6.9608 and 6.9385 Reuters estimate.

CNY: Measured appreciation path expected – OCBC

The report by Sim Moh Siong and Christopher Wong from OCBC Bank, indicates that a sub-Bloomberg consensus USDCNY fix signals a growing tolerance for RMB strength. However, authorities appear committed to a measured and orderly appreciation path for the Renminbi (CNY).

FxstreetTue, Feb 3
The report by Sim Moh Siong and Christopher Wong from OCBC Bank, indicates that a sub-Bloomberg consensus USDCNY fix signals a growing tolerance for RMB strength. However, authorities appear committed to a measured and orderly appreciation path for the Renminbi (CNY).

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.

Related Instruments

USD/CNH

6.921
-0.009-0.13%
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