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Market Overview
USD/CNH closed at 6.94769 on January 16, 2026, reflecting a slight increase of 0.01% from the previous close but continuing a downtrend with a 30-day return of -1.74%. The pair has traded within a narrow range between 6.94395 and 6.95427 over the past month, indicating subdued volatility. Upcoming US Federal Reserve announcements and Chinese economic data releases are likely to influence price action. Technically, the 20-, 50-, and 200-day moving averages stand near 6.94698, 6.9467, and an unreported level respectively, with the RSI indicating weakening momentum. Nearest support is at 6.94395 and resistance at 6.95427. For information only.
Last Updated 1/29/26

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.