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USD/CZK

USDCZK
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20.965

-0.048-0.23%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
D

Today

-0.23%

5 Days

-0.10%

1 Month

-1.17%

6 Months

+2.37%

Year to Date

+1.99%

1 Year

+0.16%

Key Data Points

Opening Price

21.010

Previous Closing Price

21.013
Price Range of the Day
20.92421.049
52-Week Price Range
20.03921.450

Czech Koruna: CZK softens against Euro as CNB waits – Commerzbank

Commerzbank’s Tatha Ghose reports that the Czech National Bank (CNB) kept its policy rate at 3.75% and returned to a wait-and-see stance after June’s 25bp hike, despite still citing upside inflation risks.

FxstreetFri, Aug 7

Czech Koruna: Sideways against Euro as CNB holds rates – Commerzbank

Commerzbank’s Tatha Ghose expects the Czech National Bank (CNB) to keep its policy rate at 3.75%, framing June’s hike as fine-tuning rather than a new cycle. With headline and core inflation still within target, CNB can wait but must avoid sounding dovish.

FxstreetThu, Aug 6

Czech Koruna: Softer CNB guidance may weigh against euro – ING

ING strategist Frantisek Taborsky says July Czech inflation at 1.7% year-on-year should have limited impact on the Czech National Bank (CNB) meeting. He expects rates to stay at 3.75%, with guidance leaning more dovish than markets.

FxstreetThu, Aug 6

CEE FX: Rates relief and CNB meeting – ING

ING strategist Frantisek Taborsky says Central and Eastern European markets opened positively, with rates markets outpricing hikes while FX stayed sidelined.

FxstreetTue, Aug 4

CEE FX: Normalising rates leave room for gains – ING

ING’s Frantisek Taborsky notes Central and Eastern European (CEE) rate curves have repriced sharply, with more tightening now expected in Czech Republic and Poland and further easing in Hungary.

FxstreetTue, Jul 28

CEE FX: Softer geopolitics aids high beta – ING

ING’s Frantisek Taborsky expects upcoming Czech and Hungarian Gross Domestic Product (GDP) data to confirm improving growth momentum, while Polish inflation should re-accelerate on higher fuel prices.

FxstreetMon, Jul 27

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(8)
Neutral(3)
Buy(2)
Indicators
Sell(3)
Neutral(3)
Buy(1)
Indicators
Value
Direction
MACD(12,26,9)
-0.053
Sell
RSI(14)
42.211
Neutral
STOCH(KDJ)(9,3,3)
25.408
Neutral
ATR(14)
0.140
High Vlolatility
CCI(14)
-64.598
Neutral
Williams %R
74.938
Sell
TRIX(12,20)
-0.032
Sell
StochRSI(14)
67.917
Buy
Moving Average
Sell(5)
Neutral(0)
Buy(1)
Indicators
Value
Direction
MA5
20.967
Sell
MA10
21.028
Sell
MA20
21.107
Sell
MA50
21.078
Sell
MA100
20.971
Sell
MA200
20.860
Buy

USD/CZK Trading Strategy

Intraday
Short Term
As long as 20.991 is support, look for 21.129

Trading Strategy

As long as 20.991 is support, look for 21.129

Alternative scenario

below 20.991, expect 20.944 and 20.917.

Comment

As long as 20.991 is support, look for 21.129

23 hours ago
Source: Trading Central(Reference Only)

More Details of USD/CZK

The USD/CZK currency pair represents the exchange rate between the US Dollar (USD) and the Czech Koruna (CZK). As the official currency of the Czech Republic, the CZK is influenced by various economic factors, including the country’s economic performance, interest rates, and external trade relationships. The USD/CZK pair is important for traders and investors looking to capitalize on movements between the US and Czech economies, as well as for businesses engaged in trade between the two countries.

What role does the Czech National Bank play in USD/CZK?

The Czech National Bank can influence the USD/CZK exchange rate through monetary policy decisions, including interest rate adjustments and interventions in the currency market.

Is the Czech Koruna considered a stable currency?

The Czech koruna (CZK) is generally considered a stable currency, supported by a robust economy and sound fiscal policies, especially within the context of Central and Eastern European economies, though it can experience fluctuations.

Is USD/CZK a popular currency pair among traders?

While not as widely traded as major pairs, USD/CZK has a following among traders interested in Central and Eastern European markets and can offer unique trading opportunities.

USD/CZK

20.965
-0.048-0.23%
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