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USD/CNH

USDCNH
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6.705

-0.008-0.13%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-0.12%

5 Days

-0.15%

1 Month

-0.24%

6 Months

-2.46%

Year to Date

-3.86%

1 Year

-5.89%

Key Data Points

Opening Price

6.712

Previous Closing Price

6.713
Price Range of the Day
6.7056.717
52-Week Price Range
6.6907.153

USD/CNH Trading Strategy

Intraday
Short Term
The downside prevails as long as 6.7109 is resistance, with 6.7001 and 6.6973 as targets

Trading Strategy

The downside prevails as long as 6.7109 is resistance, with 6.7001 and 6.6973 as targets

Alternative scenario

above 6.7109, look for 6.7156 and 6.7184.

Comment

The downside prevails as long as 6.7109 is resistance, with 6.7001 and 6.6973 as targets

50 minutes ago
Source: Trading Central(Reference Only)
Recent
Analysis
PBOC sets USD/CNY reference rate at 6.7351 vs. 6.7411 previous

On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7351 compared to the previous day's fix of 6.7411 and 6.7025 Reuters estimate.

FxstreetWed, Sep 30
PBOC sets USD/CNY reference rate at 6.7411 vs. 6.7399 previous

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 6.7411 compared to the previous day's fix of 6.7399 and 6.7177 Reuters estimate.

FxstreetTue, Sep 29
PBOC sets USD/CNY reference rate at 6.7399 vs. 6.7489 previous

On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.7399 compared to last Thursday's fix of 6.7489 and 6.7085 Reuters estimate.

FxstreetMon, Sep 28
Chinese Yuan: PBoC keeps yuan broadly stable – Societe Generale

Societe Generale describes a limited impact from President Xi’s US visit, with no new tariff cuts or AI dialogue mechanism agreed as the trade truce was only extended to January.

FxstreetFri, Sep 25
PBoC vows to maintain loose monetary policy, keep Chinese Yuan stable

The People’s Bank of China (PBoC) said on Thursday that it will step up counter-cyclical adjustments and continue to implement an “appropriately loose” monetary policy, according to Reuters.

FxstreetThu, Sep 24
PBOC sets USD/CNY reference rate at 6.7489 vs. 6.7468 previous

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.7489 compared to the previous day's fix of 6.7468 and 6.7184 Reuters estimate.

FxstreetThu, Sep 24

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(4)
Buy(0)
Indicators
Sell(2)
Neutral(4)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
0.004
Neutral
RSI(14)
43.813
Neutral
STOCH(KDJ)(9,3,3)
50.760
Neutral
ATR(14)
0.012
High Vlolatility
CCI(14)
14.201
Neutral
Williams %R
58.231
Sell
TRIX(12,20)
-0.009
Sell
StochRSI(14)
0.000
Oversold
Moving Average
Sell(6)
Neutral(0)
Buy(0)
Indicators
Value
Direction
MA5
6.709
Sell
MA10
6.709
Sell
MA20
6.708
Sell
MA50
6.725
Sell
MA100
6.754
Sell
MA200
6.822
Sell

About USD/CNH

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.

USD/CNH

6.705
-0.008-0.13%
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