Today's AUD to CNY Price Update

Summary

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

Definition

The Australian Dollar (AUD) is a major fiat currency representing the Australian economy, while the Chinese Yuan (CNY) is the primary currency of China. The exchange rate between them reflects not only market perceptions of relative currency strength but also the economic relationship between Australia and China, particularly affecting trade competitiveness and business costs.

Today’s Price

• 1 AUD = 4.67 CNY
• 24h High: 4.6751 CNY
• 24h Low: 4.6658 CNY

Market Analysis

Recently, the AUD/CNY pair has shown a depreciation trend, with the AUD trading down 0.78% and falling below 0.670 from fifteen-month highs.

• Technical indicators: MACD stands at 0.0090 and RSI at 48.0623, suggesting neutral market momentum
• Risk note: The recent depreciation below fifteen-month highs indicates potential downside pressure; traders should monitor support levels closely
• Trading opportunities: Watch for technical analysis signals through moving averages and support/resistance levels to identify entry and exit points

Conclusion

Continue to monitor the AUD/CNY pair closely, integrating technical indicators with market sentiment and economic data. Traders should focus on key support and resistance levels to identify potential trading opportunities in this currency pair.