USDCNH Live Chart | USDCNH Price Chart | IFCM India
IFC Markets Online CFD Broker

USD/CNH Chart Online

USDCNH Price Chart

  • 1 MIN
  • 5m
  • 15m
  • 30m
  • 1h
  • 4h
  • 1d
  • 1w
  • 1 MIN
  • 5m
  • 15m
  • 30m
  • 1h
  • 4h
  • 1d
  • 1w

Try Trading Simulator

0
Leverage 1:100
Margin 1000
Calculation base
Status: Closed Trading
Change:
Prev. closing
Open price
Today, max.
Today, min.

Technical Analysis

The technical analysis of the USDCNH price chart on 4-hour timeframe shows USDCNH,H4 is advancing above the 200-period moving average MA(200) after breaching below the MA(200) and then returning above it yesterday. We believe the bullish movement will continue after the price breaches above the upper bound of the Donchian channel at 7.1858. A level above this can be used as an entry point for placing a pending order to buy. The stop loss can be placed below 7.1706. After placing the order, the stop loss is to be moved to the next fractal low indicator, following Parabolic signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level without reaching the order, we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Fundamental Analysis of Forex -

China’s industrial output growth slowed more than forecast in July. Will the USDCNH price rebounding persist?

China’s industrial output growth was below forecast in July: the National Bureau of Statistics of China reported China’s Industrial Production rose by 5.7% over year in July after the growth of three-month high 4.5% in June when an increase of 5.9% was forecast. Besides the softest increase in industrial production since last November there were also two other soft data points for July: retail sales increased by 3.7% over year in July, down from 4.8% in June, and the fixed investment in January–July period declined from 2.8% year over year rate to 1.6%, much less than market expectations of a 2.7% growth. Slowing Chinese industrial output expansion is bullish for USDCNH currency pair.

IndicatorSignal
RSI Neutral
MACD Buy
Donchian Channel Buy
MA(200) Buy
Fractals Neutral
Parabolic SAR Buy
Ichimoku Kinko Hyo Sell
Learn more

USD CNH News

India Trade Deal with the U.S. - Is About China and Survival

India Trade Deal with the U.S. - Is About China and Survival

India is rushing to avoid tariffs and stay in the game as the U.S. redraws its global trade map without China. India finance...

22/4/2025
China Rate Cut Surprise

China Rate Cut Surprise

China's central bank, PBOC, surprised financial markets by cutting key interest rates on Monday in an effort to boost the...

22/7/2024
China’s Historic Rate Cut: How to Profit from the Market Confusion

China’s Historic Rate Cut: How to Profit from the Market Confusion

China overwhelmed the markets on Monday by cutting its 5-year loan prime rate (LPR) by 25 basis points, the largest cut ever,...

20/2/2024
Close support
Call to WhatsApp Call to telegram Call Back