Indicators
Indicators
Value
Direction
MACD(12,26,9)
0.013
Neutral
RSI(14)
47.761
Neutral
STOCH(KDJ)(9,3,3)
64.707
Neutral
ATR(14)
0.031
High Vlolatility
CCI(14)
66.327
Neutral
Williams %R
38.721
Buy
TRIX(12,20)
-0.034
Sell
StochRSI(14)
36.467
Sell
USD/CNH
USDCNH
View Detailed Chart
6.906USD
-0.014-0.20%
Time
1m
15m
30m
1h
4h
D
W
D
Today
-0.20%
5 Days
+0.66%
1 Month
-0.34%
6 Months
-3.09%
Year to Date
-0.99%
1 Year
-4.64%
View Detailed Chart
Key Data Points
Opening Price
6.919Previous Closing Price
6.920Indicators
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.
Neutral
Moving Average
Indicators
Value
Direction
MA5
6.903
Buy
MA10
6.883
Buy
MA20
6.890
Buy
MA50
6.933
Sell
MA100
7.010
Sell
MA200
7.085
Sell
USD/CNH Trading Strategy
Intraday
Short Term
Trading Strategy
The MACD must break above its zero level to trigger further gains.
Alternative scenario
below 6.9006, expect 6.8935 and 6.8893.
Comment
Rebound
15 hours ago
Source: Trading Central(Reference Only)
USD/CNH News
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.
Fxstreet14 hours ago
CNY: Flows diverge as safe haven doubts grow – BNY
BNY’s Head of Markets Macro Strategy Bob Savage notes a sharp divergence between CNY forwards and spot, suggesting hedge unwinding alongside asset outflows. CNY has outperformed peers, yet the bank questions its safe haven role as spot flows show large outflows tied to expatriation.
Fxstreet16 hours ago
PBOC sets Yuan mid-point at strongest level in 34 months
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.9124 compared to Wednesday’s fix of 6.9124 and close of 6.9551.
FxstreetThu, Mar 5
PBOC sets USD/CNY reference rate at 6.9124 vs. 6.9088 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Wednesday at 6.9124 compared to the previous day's fix of 6.9088.
FxstreetWed, Mar 4
CNY: Policy targets in focus at Two Sessions – Commerzbank
Commerzbank’s Volkmar Baur highlights that China’s ‘Two Sessions’ will set key macro targets and publish a new five-year plan lasting to 2030, with implications for the Yuan.
FxstreetTue, Mar 3
USD/CNH recovers above 0.8500 as PBOC cuts FX risk reserve ratio to 0%
The USD/CNH pair recovers some lost ground to near 0.8505 during the early European session on Friday. The Chinese Yuan (CNH) weakens against the US Dollar (USD) as China moves to rein in the currency’s strength by scrapping an extra fee for betting against it in the derivatives market.
FxstreetFri, Feb 27
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
Popular Symbols
257.460
-2.830 (-1.09%)
177.820
-5.520 (-3.01%)
68082.170
+1.150 (+0.00%)
245.250
-13.780 (-5.32%)
1984.690
+8.580 (+0.43%)
396.730
-8.820 (-2.17%)
5153.210
+76.860 (+1.51%)
88.478
+10.016 (+12.77%)
1.161
+0.000 (+0.01%)
157.904
+0.349 (+0.22%)
