Indicators
Indicators
Value
Direction
MACD(12,26,9)
0.006
Neutral
RSI(14)
47.275
Neutral
STOCH(KDJ)(9,3,3)
72.209
Neutral
ATR(14)
0.012
High Vlolatility
CCI(14)
61.402
Neutral
Williams %R
27.860
Buy
TRIX(12,20)
-0.015
Sell
StochRSI(14)
56.666
Sell
Search
USD/CNH
Add to Watchlist
6.673
-0.000-0.00%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D
Today
-0.00%
5 Days
+0.13%
1 Month
-0.32%
6 Months
-1.72%
Year to Date
-4.32%
1 Year
-6.17%
Key Data Points
Opening Price
6.673Previous Closing Price
6.673USD/CNH Trading Strategy
Intraday
Short Term
Trading Strategy
The downside prevails as long as 6.6748 is resistance, with 6.6642 and 6.6621 as targets
Alternative scenario
above 6.6748, look for 6.6785 and 6.6806.
Comment
The downside prevails as long as 6.6748 is resistance, with 6.6642 and 6.6621 as targets
2 hours ago
Source: Trading Central(Reference Only)
Recent
Analysis
PBOC sets USD/CNY reference rate at 6.7152 vs. 6.7174 previous
On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7152 compared to the previous day's fix of 6.7174 and 6.6756 Reuters estimate.
Fxstreet10 hours ago
PBOC sets USD/CNY reference rate at 6.774 vs. 6.7191 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.774 compared to the previous day's fix of 6.7191 and 6.6797 Reuters estimate.
FxstreetThu, Nov 12
PBOC sets USD/CNY reference rate at 6.7191 vs. 6.7167 previous
On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7191 compared to the previous day's fix of 6.7167 and 6.6855 Reuters estimate.
FxstreetWed, Nov 11
PBOC sets USD/CNY reference rate at 6.7167 vs. 6.7188 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 6.7167 compared to the previous day's fix of 6.7188 and 6.6655 Reuters estimate.
FxstreetTue, Nov 10
PBOC sets USD/CNY reference rate at 6.7188 vs. 6.7168 previous
On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7188 compared to the previous day's fix of 6.7168.
FxstreetMon, Nov 9
China Consumer Price Index (MoM) meets expectations (0%) in October
FxstreetMon, Nov 9
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.
Neutral
Moving Average
Indicators
Value
Direction
MA5
6.673
Buy
MA10
6.669
Buy
MA20
6.668
Buy
MA50
6.690
Sell
MA100
6.723
Sell
MA200
6.780
Sell
About 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.
Is USDCNH (USDCNH) a safe investment?
No investment is completely risk-free. The risk level of USDCNH (USDCNH) depends on its underlying assets, strategy, liquidity, fees, and market conditions. Diversification may reduce potential losses but cannot eliminate them, and past performance does not guarantee future results. Before investing, consider whether the fund aligns with your goals and risk tolerance. This is not investment advice.
