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Market Overview
The USD/CNY pair closed at 6.94932 on January 16, 2026, showing a negligible change of -0.00072% from the previous close, continuing its uptrend over the past 30 days with a 1.19% gain. The pair is expected to maintain this upward momentum, supported by stable fundamentals and cautious market sentiment. Key upcoming events include US inflation reports and Chinese trade data, which may influence price action. Technically, the 20-day, 50-day, and 200-day moving averages stand near 6.94906, with the RSI indicating moderate strength. Nearest support is at 6.94563 and resistance at 6.95262. 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.