Indicators
Indicators
Value
Direction
MACD(12,26,9)
-0.012
Neutral
RSI(14)
45.827
Neutral
STOCH(KDJ)(9,3,3)
18.272
Neutral
ATR(14)
0.025
Low Volatility
CCI(14)
-131.488
Sell
Williams %R
82.656
Oversold
TRIX(12,20)
-0.001
Sell
StochRSI(14)
22.741
Buy
USD/CNH
USDCNHView Detailed Chart
7.26973CNH
+0.00316+0.04%
Time
1m
15m
30m
1h
4h
D
W
Please select
Today
+0.04%
5 Days
-0.39%
1 Month
+0.04%
6 Months
+1.80%
Year to Date
-0.83%
1 Year
+0.22%
View Detailed Chart
Key Data Points
Opening Price
7.26804Previous Closing Price
7.26657Indicators
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
7.275
Sell
MA10
7.285
Sell
MA20
7.303
Sell
MA50
7.276
Sell
MA100
7.289
Sell
MA200
7.220
Buy
USD/CNH Trading Strategy
Intraday
Short Term
Trading Strategy
The penetration of 50 on the RSI should trigger further losses.
Alternative scenario
the downside breakout of 7.2522 would call for 7.2324 and 7.2206.
Comment
look for a drop towards 7.2522 before a bounce.
3 hours ago
Source: Trading Central(Reference Only)
USD/CNH News
CNY: Some early soft spots – Commerzbank
The official purchasing managers' indices for the Chinese economy were published this morning, revealing the first signs of the impact of the prohibitive US tariffs. The PMI for the manufacturing sector fell by 1.5 points to 49.0, its lowest level since late 2023.
Fxstreet13 hours ago
PBOC sets USD/CNY reference rate at 7.2014 vs. 7.2029 previous
On Wednesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.2014 as compared to the previous day's fix of 7.2029 and 7.2670 Reuters estimate.
Fxstreet22 hours ago
[Reuters Analysis] China ramps up global yuan push, seizing on retreating dollar
SHANGHAI/SINGAPORE, April 29 (Reuters) - As Chinese President Xi Jinping toured Southeast Asia this month to forge closer ties against higher U.S. tariffs, the People's Bank of China was seizing a moment of confusion and disruption in global trade to promote greater usage of the yuan.
Reuters23 hours ago
Yuan hits highest level since April 2 as China holds ground
HONG KONG, April 29 (Reuters) - China's yuan rose on Tuesday to its strongest level against the U.S. dollar in nearly a month, recovering from losses sustained after the U.S. announced hefty tariffs, as Beijing signalled a commitment to currency stability.
ReutersTue, Apr 29
PBOC sets USD/CNY reference rate at 7.2029 vs. 7.2043 previous
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.2029 as compared to the previous day's fix of 7.2043 and 7.2781 Reuters estimate.
FxstreetTue, Apr 29
PBOC Deputy Governor: Impact on China’s forex assets from volatility in US bond markets is limited
The People’s Bank of China ()PBOC) Deputy Governor said in a news conference that the “impact on China’s forex assets from volatility in US bond markets is limited.”
FxstreetMon, Apr 28
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.
