- Trading
- Instrument Specifications
- Currency Pairs
- USD / CNH Investing
Trade USD / CNH | Spot Forex
USD/CNH Forex Trading Conditions
| Options | Standard-Fixed & Floating | Beginner-Fixed & Floating | Demo-Fixed & Floating |
|---|---|---|---|
| Fixed spread, pip | 15 | 15 | 15 |
| Floating Spread, pip | 15 | 15 | 15 |
| Order distance, pip | 30 | 30 | 30 |
| Swap, pip (Long/Short) | -6.27 / -7.46 | -6.27 / -7.46 | -6.27 / -7.46 |
| Digits | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | >=10000.00 USD | 100.00 – 100000.00 USD | >=100.00 USD |
| Contract size | -/- | -/- | -/- |
|
1 pip value per 100000 | 10 CNH | 10 CNH | 10 CNH |
| Options | Standard-Fixed | Micro-Fixed | Demo-Fixed | PAMM-Fixed |
|---|---|---|---|---|
| Fixed spread, pip | 15 | 15 | 15 | floating |
| Order distance, pip | 30 | 30 | 30 | 30 |
| Swap, pip (Long/Short) | -6.27 / -7.46 | -6.27 / -7.46 | -6.27 / -7.46 | -6.27 / -7.46 |
| Digits | 0.0001 | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | 0.1 – 10000 lot | 0.01 – 1 lot | 0.01 – 10000 lot | 0.01 – 10000 lot |
| Lot size | 100000 USD | 100000 USD | 100000 USD | 100000 USD |
|
1 pip value per 1 lot | 10 CNH | 10 CNH | 10 CNH | 10 CNH |
| Options | Standard-Floating | Micro-Floating | Demo-Floating | PAMM-Floating |
|---|---|---|---|---|
| Floating Spread, pip | 15 | 15 | 15 | 15 |
| Order distance, pip | 30 | 30 | 30 | 30 |
| Swap, pip (Long/Short) | -6.27 / -7.46 | -6.27 / -7.46 | -6.27 / -7.46 | -6.27 / -7.46 |
| Digits | 0.0001 | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | 0.1 – 10000 lot | 0.01 – 1 lot | 0.01 – 10000 lot | 0.01 – 10000 lot |
| Lot size | 100000 USD | 100000 USD | 100000 USD | 100000 USD |
|
1 pip value per 1 lot | 10 CNH | 10 CNH | 10 CNH | 10 CNH |
USD CNH Trading Hours
USD CNH trading hours are the time when investors can buy and sell USD CNH. The USD CNH is traded on multiple exchanges around the world. This means that investors have many different opportunities to trade USD CNH during different trading hours. Depending on where you live, you may be able to trade USD CNH at any time throughout the day or night. For those who want to take advantage of these opportunities, it is important to know when USD CNH trading hours begin and end.
USD/CNH Technical Analysis
The technical analysis of the USDCNH price chart on 1-hour timeframe shows USDCNH,H1 is retracing up toward the 200-period moving average MA(200) after hitting two-month low in the last session. We believe the bullish movement will continue after the price breaches above the upper bound of the Donchian channel at 7.2693. 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 7.2428. 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 - USD/CNH
China’s manufacturing sector contracted in January. Will the USDCNH price persist rebounding?
China’s manufacturing sector shrank unexpectedly in January: the China Federation of Logistics and Purchasing (CFLP) reported the Manufacturing PMI declined to 49.1 for January from 50.1 for December when no change was forecast. Readings above 50.0 indicate industry expansion, below indicate contraction. January contraction was the first after expansionary momentum in the past three months. At the same time Business activity in non-manufacturing sector slowed: Non-Manufacturing PMI declined to 50.2 for January from 52.2 for December when a tick down to 52.1 was forecast. Chinese business activity decline is bullish for USDCNH currency pair.
| Indicator | Signal |
| RSI | Neutral |
| MACD | Buy |
| Donchian Channel | Buy |
| MA(200) | Sell |
| Fractals | Buy |
| Parabolic SAR | Buy |
This currency pair is the US Dollar versus offshore Chinese Renminbi. The Renminbi is also known as the Yuan and the letters CNY are used to trade inside of China. The Yuan was pegged to the USD previously and is now allowed to trade daily a limited distance against the reserve currency.
USDCNH Trading
This currency pair is the US Dollar versus offshore Chinese Renminbi. The Renminbi is also known as the Yuan and the letters CNY are used to trade inside of China. The Yuan was pegged to the USD previously and is now allowed to trade daily a limited distance against the reserve currency. This pair presents how many Chinese yuan is needed to trade USDCNH. For a deeper understanding how to trade currency pairs, for example USDCNH, you will need to know about bid and ask, pips and more, we suggest to start from basics "What is Forex Trading".
Currency Pair USDCNH | Forex | Exotic
The US dollar (USD, “Greenback”) is the most widely traded currency in the world. The issuer is the Federal Reserve System(the Fed).
- Is the most popular reserve currency, held by central banks, financial institutions and private investors
- Is considered as a “safe haven” currency in periods of instability due to universally recognized reliability of the US economy
- Is used as a standard payment unit in commodity markets
