Indicators
Indicators
Value
Direction
MACD(12,26,9)
0.001
Neutral
RSI(14)
37.529
Neutral
STOCH(KDJ)(9,3,3)
31.171
Buy
ATR(14)
0.009
Low Volatility
CCI(14)
-44.830
Neutral
Williams %R
70.680
Sell
TRIX(12,20)
-0.025
Sell
StochRSI(14)
80.954
Buy
Search
USD/CNH
Add to Watchlist
6.711
-0.003-0.04%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D
Today
-0.04%
5 Days
-0.08%
1 Month
-0.51%
6 Months
-2.39%
Year to Date
-3.78%
1 Year
-5.71%
Key Data Points
Opening Price
6.712Previous Closing Price
6.714USD/CNH Trading Strategy
Intraday
Short Term
Trading Strategy
The MACD must penetrate its zero line to expect further downside.
Alternative scenario
above 6.7166, look for 6.7214 and 6.7242.
Comment
Target 6.7014
52 minutes ago
Source: Trading Central(Reference Only)
Recent
Analysis
PBOC sets USD/CNY reference rate at 6.7743 vs. 6.7766 previous
On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7743 compared to the previous day's fix of 6.7766 and 6.7174 Reuters estimate.
Fxstreet2 hours ago
Chinese Yuan: Uptrend eyes breakout 6.7000 against US Dollar – UOB
UOB’s Quek Ser Leang and Lee Sue Ann keep a negative stance on USD/CNH around 6.7060, though recent price action has been confined to 6.7033–6.7074. They see current moves as range trading between 6.7030 and 6.7100 intraday.
Fxstreet8 hours ago
PBOC sets USD/CNY reference rate at 6.7766 vs. 6.7769 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.7766 compared to the previous day's fix of 6.7769 and 6.7074 Reuters estimate.
FxstreetThu, Sep 10
Chinese Yuan: Uptrend intact with muted inflation against US Dollar – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad reports that USD/CNH continues to drift lower to its weakest level since January 2023 as China’s August Consumer Price Index (CPI) rose modestly while overall inflation remains subdued.
FxstreetWed, Sep 9
China Consumer Price Index (MoM) registered at 0.4% above expectations (0.3%) in August
FxstreetWed, Sep 9
China Producer Price Index (YoY) came in at 3.8%, above forecasts (3.7%) in August
FxstreetWed, Sep 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.
Sell
Moving Average
Indicators
Value
Direction
MA5
6.709
Buy
MA10
6.713
Sell
MA20
6.720
Sell
MA50
6.747
Sell
MA100
6.770
Sell
MA200
6.848
Sell
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.
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