Today's RUB to CNY Price Update

Summary

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

Today’s Price

• 1 RUB = 0.0899 CNY
• 24h High: 0.090081 CNY
• 24h Low: 0.089203 CNY

Market Analysis

The RUB/CNY exchange rate continues to reflect the bilateral trade dynamics and macroeconomic conditions between Russia and China. Recent technical analysis indicates mixed signals in the market.

• Technical levels: Key support at 0.0879 CNY (Fibonacci pivot point), resistance zone at 11.0290–11.0500 (inverse pair perspective)
• Technical indicators: CCI(14) shows a Buy signal at 67.326, while Bull/Bear Power(13) indicates a Sell signal at -0.0001, reflecting divergence between momentum indicators
• Short-term outlook: Forecasts suggest a potential -2.52% decline in the near term, with the rate projected to move toward 0.08526 CNY
• Trading opportunities: Monitor price action around key support and resistance levels for potential entry and exit points

Conclusion

Continue to monitor the RUB/CNY pair closely, integrating technical indicator signals with broader macroeconomic developments. Traders should remain vigilant to diverging signals between momentum indicators and adjust their strategies accordingly.