Today's CNY to USD Price Update

Summary

This report provides the real-time exchange rate between the Chinese Yuan (CNY) and the U.S. Dollar (USD), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The U.S. Dollar (USD) is one of the world’s most dominant fiat currencies, while the Chinese Yuan (CNY) is the primary legal currency of China. The exchange rate between them reflects not only market sentiment toward the Chinese economy but also investor confidence in currency stability and international capital flows.

Today’s Price

• 1 CNY = 0.143 USD
• 24h High: 0.14313 USD
• 24h Low: 0.14227 USD

Market Analysis

Recent CNY/USD price movements reflect evolving market dynamics in the foreign exchange sector. The renminbi’s role in global markets continues to expand, with daily trading volume in the CNY–USD pair surging 60% to $781 billion, and the renminbi now accounting for over 8% of global FX turnover.

• Technical levels: Key support at 6.96898, resistance at 14.00209. The USD to CNY exchange rate is expected to trade between 7.00 and 7.20 in the coming months
• Moving average signals: Multiple moving average indicators (20-day, 50-day, 100-day, 150-day, and 200-day) are currently showing sell signals
• Risk note: There is a risk that the currency pair could break out of established trading ranges, potentially creating volatility
• Trading opportunities: Monitor the forecasted trading range between 7.00 and 7.20 for potential entry and exit points

Conclusion

Continue to monitor the CNY/USD pair closely, integrating technical analysis with moving averages and market sentiment. For traders, focus on key support and resistance levels while remaining alert to potential breakout scenarios that could alter the established trading range.