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USD/CNH

USDCNH
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6.693

-0.010-0.14%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-0.14%

5 Days

-0.30%

1 Month

-0.19%

6 Months

-2.03%

Year to Date

-4.03%

1 Year

-6.36%

Key Data Points

Opening Price

6.702

Previous Closing Price

6.703
Price Range of the Day
6.6936.704
52-Week Price Range
6.6907.149

USD/CNH Trading Strategy

Intraday
Short Term
The downside prevails as long as 6.7058 is resistance, with 6.6950 and 6.6922 as targets

Trading Strategy

The downside prevails as long as 6.7058 is resistance, with 6.6950 and 6.6922 as targets

Alternative scenario

above 6.7058, look for 6.7105 and 6.7134.

Comment

The downside prevails as long as 6.7058 is resistance, with 6.6950 and 6.6922 as targets

3 hours ago
Source: Trading Central(Reference Only)
Recent
Analysis
PBOC sets USD/CNY reference rate at 6.7330 vs. 6.7367 previous

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Friday at 6.7330 compared to the previous day's fix of 6.7367 and 6.7973 Reuters estimate.

Fxstreet7 hours ago
PBOC sets USD/CNY reference rate at 6.7367 vs. 6.7351 previous

On Thursday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7367 compared to last Wednesday's fix of 6.7351 and 6.7254 Reuters estimate.

FxstreetThu, Oct 8
Chinese Yuan: Trade war risk rises on EU-China tensions – Commerzbank

Volkmar Baur at Commerzbank highlights China’s new anti-dumping probe into EU nitrotoluenes as likely linked to broader trade frictions. A Franco-German non-paper urges tougher EU action on dumping, subsidies and currency manipulation ahead of Trade Commissioner Sefcovic’s China trip. Failure to deliver concrete measures to address imbalances could trigger an EU-China trade war with significant currency implications.

FxstreetTue, Oct 6
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

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(10)
Neutral(1)
Buy(0)
Indicators
Sell(4)
Neutral(1)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
-0.000
Sell
RSI(14)
37.082
Neutral
STOCH(KDJ)(9,3,3)
10.137
Oversold
ATR(14)
0.012
Low Volatility
CCI(14)
-138.542
Sell
Williams %R
91.044
Oversold
TRIX(12,20)
-0.008
Sell
StochRSI(14)
0.000
Sell
Moving Average
Sell(6)
Neutral(0)
Buy(0)
Indicators
Value
Direction
MA5
6.701
Sell
MA10
6.705
Sell
MA20
6.706
Sell
MA50
6.720
Sell
MA100
6.749
Sell
MA200
6.815
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

6.693
-0.010-0.14%
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