Indicators
Indicators
Value
Direction
MACD(12,26,9)
0.005
Neutral
RSI(14)
46.267
Neutral
STOCH(KDJ)(9,3,3)
42.773
Neutral
ATR(14)
0.021
Low Volatility
CCI(14)
-47.621
Neutral
Williams %R
58.755
Sell
TRIX(12,20)
-0.027
Sell
StochRSI(14)
77.267
Buy
USD/CNH
USDCNHMarket is Closed
View Detailed Chart
7.18870CNH
+0.01657+0.23%
Time
1m
15m
30m
1h
4h
D
W
Please select
Today
+0.23%
5 Days
+0.21%
1 Month
-0.29%
6 Months
-1.19%
Year to Date
-1.94%
1 Year
-1.11%
View Detailed Chart
Key Data Points
Opening Price
7.17111Previous Closing Price
7.17213Indicators
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
7.185
Buy
MA10
7.186
Buy
MA20
7.190
Buy
MA50
7.239
Sell
MA100
7.253
Sell
MA200
7.226
Sell
USD/CNH Trading Strategy
Intraday
Short Term
Trading Strategy
Our preference: the upside prevails as long as 7.1718 is support.
Alternative scenario
the downside breakout of 7.1718 would call for 7.1522 and 7.1406.
Comment
the upside prevails as long as 7.1718 is support.
Fri, Jun 13
Source: Trading Central(Reference Only)
USD/CNH News
PBOC sets USD/CNY reference rate at 7.1772 vs. 7.1803 previous
On Friday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1772 as compared to the previous day's fix of 7.1803 and 7.1685 Reuters estimate.
FxstreetFri, Jun 13
China markets flat, Hong Kong dips as initial trade optimism wanes
HONG KONG, June 12 (Reuters) - Chinese stocks steadied after an initial fall and Hong Kong shares were trading lower on Thursday, led by declines in the tech sector, as markets struggled to sustain positive momentum from Sino-U.S. trade talks that provided few concrete details.
ReutersThu, Jun 12
PBOC sets USD/CNY reference rate at 7.1803 vs. 7.1815 previous
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1803 as compared to the previous day's fix of 7.1815 and 7.1703 Reuters estimate.
FxstreetThu, Jun 12
PBOC sets USD/CNY reference rate at 7.1815 vs. 7.1840 previous
On Wednesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1815 as compared to the previous day's fix of 7.1840 and 7.1801 Reuters estimate.
FxstreetWed, Jun 11
CNY: Record surplus and deflation – Commerzbank
According to Bloomberg, Chinese exports rose by 4.8% year-on-year in US dollar terms in May, which was slightly below the consensus forecast of 6%. However, imports fell much more sharply than expected, declining by 3.4% year-on-year.
FxstreetTue, Jun 10
[Reuters Breakingviews] China's rare-earth lever is best used carefully
HONG KONG, June 10 (Reuters Breakingviews) - Beijing has shrewdly utilised its dominance of these critical minerals, in turn potentially winning a reprieve from US tech export controls. The next challenge is to show restraint - or risk the world accelerating efforts to ease its reliance on the...
OtherTue, Jun 10
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.
