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USD/CNH

USDCNH
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6.747

+0.002+0.03%
Time
1m
15m
30m
1h
4h
D
W
D

Today

+0.03%

5 Days

-0.18%

1 Month

-0.53%

6 Months

-2.62%

Year to Date

-3.25%

1 Year

-6.13%

View Detailed Chart
TradingKey Chart

Key Data Points

Opening Price

6.747

Previous Closing Price

6.746
Price Range of the Day
6.7456.749
52-Week Price Range
6.7427.198

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(2)
Buy(0)
Indicators
Sell(3)
Neutral(2)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
-0.004
Sell
RSI(14)
36.123
Neutral
STOCH(KDJ)(9,3,3)
15.645
Oversold
ATR(14)
0.011
Low Volatility
CCI(14)
-95.742
Neutral
Williams %R
89.676
Oversold
TRIX(12,20)
-0.021
Sell
StochRSI(14)
0.000
Sell
Moving Average
Sell(6)
Neutral(0)
Buy(0)
Indicators
Value
Direction
MA5
6.750
Sell
MA10
6.756
Sell
MA20
6.765
Sell
MA50
6.776
Sell
MA100
6.804
Sell
MA200
6.897
Sell

USD/CNH Trading Strategy

Intraday
Short Term
Rebound towards 6.7592

Trading Strategy

Rebound towards 6.7592

Alternative scenario

below 6.7407, expect 6.7349 and 6.7315.

Comment

Rebound towards 6.7592

19 minutes ago
Source: Trading Central(Reference Only)

USD/CNH News

PBOC sets USD/CNY reference rate at 6.7895 vs. 6.7889 previous

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.7895 compared to the previous day's fix of 6.7889 and 6.7462 Reuters estimate.

Fxstreet23 hours ago
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.7895 compared to the previous day's fix of 6.7889 and 6.7462 Reuters estimate.

South Korean Won: Strength extends on intervention talk against US Dollar – Commerzbank

Commerzbank economists highlight ongoing Korean Won (KRW) appreciation against the Dollar. USD/KRW slipped 0.1% to 1,430, extending declines from earlier in the week.

FxstreetWed, Aug 5
Commerzbank economists highlight ongoing Korean Won (KRW) appreciation against the Dollar. USD/KRW slipped 0.1% to 1,430, extending declines from earlier in the week.

PBOC sets USD/CNY reference rate at 6.7889 vs. 6.7917 previous

On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7889 compared to the previous day's fix of 6.7917 and 6.7480 Reuters estimate.

FxstreetWed, Aug 5
On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7889 compared to the previous day's fix of 6.7917 and 6.7480 Reuters estimate.

Chinese Yuan: Strengthening toward 6.7300 against US Dollar – UOB

United Overseas Bank’s (UOB) Quek Ser Leang sees USD/CNH trading slightly higher within a developing range, with intraday levels expected between 6.7500 and 6.7620. On a 1–3 week horizon, the pair could continue to edge lower toward 6.7300 as long as 6.7640 holds as strong resistance.

FxstreetTue, Aug 4
United Overseas Bank’s (UOB) Quek Ser Leang sees USD/CNH trading slightly higher within a developing range, with intraday levels expected between 6.7500 and 6.7620. On a 1–3 week horizon, the pair could continue to edge lower toward 6.7300 as long as 6.7640 holds as strong resistance.

Chinese Yuan: PMI weakness boosts easing expectations – Commerzbank

Commerzbank economist Dr. Henry Hao highlights that China’s private manufacturing PMI fell to 50.9 in July, reinforcing signs of slowing factory momentum alongside the official NBS PMI at 49.2.

FxstreetTue, Aug 4
Commerzbank economist Dr. Henry Hao highlights that China’s private manufacturing PMI fell to 50.9 in July, reinforcing signs of slowing factory momentum alongside the official NBS PMI at 49.2.

PBOC sets USD/CNY reference rate at 6.7917 vs. 6.7898 previous

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 6.7917 compared to the previous day's fix of 6.7898 and 6.7595 Reuters estimate.

FxstreetTue, Aug 4
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 6.7917 compared to the previous day's fix of 6.7898 and 6.7595 Reuters estimate.

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.

USD/CNH

6.747
+0.002+0.03%
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