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USD/CNH

USDCNH
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6.795USD

-0.012-0.18%
View Detailed Chart
Time
1m
15m
30m
1h
4h
D
W
D

Today

-0.18%

5 Days

-0.49%

1 Month

-0.47%

6 Months

-4.62%

Year to Date

-2.57%

1 Year

-6.12%

View Detailed Chart

Key Data Points

Opening Price

6.806

Previous Closing Price

6.808
Price Range of the Day
6.7946.809
52-Week Price Range
6.7957.229

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(1)
Buy(0)
Indicators
Sell(3)
Neutral(1)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
-0.002
Sell
RSI(14)
31.978
Neutral
STOCH(KDJ)(9,3,3)
13.985
Sell
ATR(14)
0.016
Low Volatility
CCI(14)
-205.228
Oversold
Williams %R
98.244
Oversold
TRIX(12,20)
-0.023
Sell
StochRSI(14)
0.000
Oversold
Moving Average
Sell(6)
Neutral(0)
Buy(0)
Indicators
Value
Direction
MA5
6.815
Sell
MA10
6.824
Sell
MA20
6.823
Sell
MA50
6.860
Sell
MA100
6.902
Sell
MA200
7.013
Sell

USD/CNH Trading Strategy

Intraday
Short Term
The configuration is mixed.

Trading Strategy

The configuration is mixed.

Alternative scenario

below 6.7911, expect 6.7848 and 6.7811.

Comment

rebound towards 6.8086

Fri, May 8
Source: Trading Central(Reference Only)

USD/CNH News

PBOC sets USD/CNY reference rate at 6.8502 vs. 6.8487 previous

On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8502 compared to the previous day's fix of 6.8487 and 6.8138 Reuters estimate.

FxstreetFri, May 8
On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8502 compared to the previous day's fix of 6.8487 and 6.8138 Reuters estimate.

PBOC sets USD/CNY reference rate at 6.8487 vs. 6.8562 previous

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.8487 compared to the previous day's fix of 6.8562 and 6.8087 Reuters estimate.

FxstreetThu, May 7
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.8487 compared to the previous day's fix of 6.8562 and 6.8087 Reuters estimate.

PBOC sets USD/CNY reference rate at 6.8562 vs. 6.8628 previous

On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8562 compared to last Friday's fix of 6.8628 and 6.8160 Reuters estimate.

FxstreetWed, May 6
On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8562 compared to last Friday's fix of 6.8628 and 6.8160 Reuters estimate.

CNY: Managed appreciation with petro support – NBC

National Bank of Canada (NBC) strategists Stéfane Marion and Kyle Dahms argue that the Chinese Yuan's (CNY) strength reflects more than US Dollar (USD) softness, pointing to growing energy-settlement flows and improving Chinese manufacturing and Producer Price Index (PPI) data.

FxstreetTue, May 5
National Bank of Canada (NBC) strategists Stéfane Marion and Kyle Dahms argue that the Chinese Yuan's (CNY) strength reflects more than US Dollar (USD) softness, pointing to growing energy-settlement flows and improving Chinese manufacturing and Producer Price Index (PPI) data.

PBOC sets USD/CNY reference rate at 6.8628 vs. 6.8608 previous

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Friday at 6.8628 compared to the previous day's fix of 6.8608.

FxstreetFri, May 1
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Friday at 6.8628 compared to the previous day's fix of 6.8608.

PBOC sets USD/CNY reference rate at 6.8608 vs. 6.8589 previous

On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8608 compared to the previous day's fix of 6.8589 and 6.8347 Reuters estimate.

FxstreetWed, Apr 29
On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8608 compared to the previous day's fix of 6.8589 and 6.8347 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.

Related Instruments

USD/CNH

6.795
-0.012-0.18%
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