Today's JPY to CNY Price Update

Summary

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

Definition

The Japanese Yen (JPY) and Chinese Yuan (CNY) are two of Asia’s most important fiat currencies. The exchange rate between them reflects not only market perceptions of relative economic strength but also investor confidence in the monetary policies and economic stability of both Japan and China.

Today’s Price

• 1 JPY = 0.0446 CNY
• 24h High: 0.044619 CNY
• 24h Low: 0.044561 CNY

Market Analysis

The JPY/CNY currency pair is currently exhibiting mixed technical signals. Technical analysis indicators show divergent readings across the market.

• Technical levels: Key support identified at 20.66–20.70, resistance at 20.74–20.78, with pivot point at 20.72
• Risk note: The Ultimate Oscillator reading of 23.392 indicates oversold conditions, suggesting potential volatility in the near term
• Trading opportunities: Monitor price action around identified support and resistance zones for potential entry and exit points

Conclusion

Continue to monitor the JPY/CNY pair closely, integrating technical indicators with broader market sentiment. Traders should remain vigilant to shifts in technical conditions and adjust their strategies accordingly to capitalize on emerging opportunities in this currency pair.