FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD moves lower on weak UK data 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro- Major European Indices 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro- Major Pair levels and bias summary 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
- USD/CNY is currently trading around 6.9014 marks.
- It made intraday high at 6.9045 and low at 6.8869 levels.
- Intraday bias remains bullish for the moment.
- A sustained close above 6.8818 marks will test key resistances at 6.9088, 6.9245 and 6.9414 marks respectively.
- Alternatively, a daily close below 6.8818 will drag the parity down towards key supports at 6.8457, 6.8198, 6.8054, 6.7864, 6.7658 and 6.7373 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- PBOC sets yuan mid-point at 6.8856 / dlr vs last close 6.8826.
- China sets yuan mid-point at weakest since May 12, 2017.
- China July 2018 house prices yy increase to 5.8 % vs previous 5 %.
We prefer to take long position on USD/CNY around 6.8950, stop loss 6.8457 and target of 6.9245/6.9338.
