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USD/CNH

USDCNH
View Detailed Chart

6.875USD

-0.005-0.08%
Time
1m
15m
30m
1h
4h
D
W
D

Today

-0.08%

5 Days

-0.35%

1 Month

-0.58%

6 Months

-3.50%

Year to Date

-1.43%

1 Year

-5.07%

View Detailed Chart

Key Data Points

Opening Price

6.878

Previous Closing Price

6.880
Price Range of the Day
6.8716.896
52-Week Price Range
6.8267.429

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(9)
Neutral(3)
Buy(0)
Indicators
Sell(3)
Neutral(3)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
0.007
Neutral
RSI(14)
42.047
Neutral
STOCH(KDJ)(9,3,3)
48.091
Sell
ATR(14)
0.035
High Vlolatility
CCI(14)
-27.117
Neutral
Williams %R
59.133
Sell
TRIX(12,20)
-0.027
Sell
StochRSI(14)
0.000
Oversold
Moving Average
Sell(6)
Neutral(0)
Buy(0)
Indicators
Value
Direction
MA5
6.892
Sell
MA10
6.882
Sell
MA20
6.887
Sell
MA50
6.928
Sell
MA100
7.005
Sell
MA200
7.082
Sell

USD/CNH Trading Strategy

Intraday
Short Term
The configuration is negative.

Trading Strategy

The configuration is negative.

Alternative scenario

above 6.8865, look for 6.8958 and 6.9014.

Comment

the downside prevails as long as 6.8865 is resistance

4 hours ago
Source: Trading Central(Reference Only)

USD/CNH News

CNY: Export strength underpins currency – Commerzbank

Volkmar Baur highlights exceptionally strong Chinese export data, with February exports up nearly 40% year-on-year and the combined January–February surplus reaching about 6.2% of GDP.

Fxstreet7 hours ago
Volkmar Baur highlights exceptionally strong Chinese export data, with February exports up nearly 40% year-on-year and the combined January–February surplus reaching about 6.2% of GDP.

PBOC sets USD/CNY reference rate at 6.8982 vs. 6.9158 previous

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 6.8982 compared to the previous day's fix of 6.9158 and 6.8891 Reuters estimate.

Fxstreet13 hours ago
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 6.8982 compared to the previous day's fix of 6.9158 and 6.8891 Reuters estimate.

CNY: Inflation recovery supports modest gains – Commerzbank

Commerzbank’s Volkmar Baur sees growing evidence that China is exiting deflation, with consumer prices up 1.3% year-on-year in February and producer prices turning higher month-on-month. Rising services and food prices underpin this shift.

Fxstreet16 hours ago
Commerzbank’s Volkmar Baur sees growing evidence that China is exiting deflation, with consumer prices up 1.3% year-on-year in February and producer prices turning higher month-on-month. Rising services and food prices underpin this shift.

China Consumer Price Index (YoY) came in at 1.3%, above forecasts (0.8%) in February

China Consumer Price Index (YoY) came in at 1.3%, above forecasts (0.8%) in February

FxstreetMon, Mar 9
China Consumer Price Index (YoY) came in at 1.3%, above forecasts (0.8%) in February

PBOC sets USD/CNY reference rate at 6.9158 vs. 6.9025 previous

On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9158 compared to the previous day's fix of 6.9025.

FxstreetMon, Mar 9
On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9158 compared to the previous day's fix of 6.9025.

USD/CNH: Upside risks as strong fix meets USD demand – OCBC

OCBC strategists Sim Moh Siong and Christopher Wong note that USD/CNH has traded higher as Iran-related geopolitical tensions support the Dollar. Beijing has been setting a stronger CNY fix, which has helped stabilise the Renminbi and partially offset broader Asian FX softness.

FxstreetFri, Mar 6
OCBC strategists Sim Moh Siong and Christopher Wong note that USD/CNH has traded higher as Iran-related geopolitical tensions support the Dollar. Beijing has been setting a stronger CNY fix, which has helped stabilise the Renminbi and partially offset broader Asian FX softness.

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

6.875
-0.005-0.08%
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