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FxWirePro: EUR/ NZD downside pressure builds, key support level in focus 
FxWirePro: USD/ZAR continues to recovers , upside pressure builds 
FxWirePro- Major European Indices 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration 
FxWirePro- Major European Indices 
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows 
FxWirePro- Major Pair levels and bias summary 
Euro Ascendant: EUR/USD Breaks $1.17 as Geopolitical Relief Sparks a Bullish Surge 
FxWirePro: USD/CNY falls to three-year high, scope for further downside 
FxWirePro- Woodies Pivot(Major) 
FxWirePro- Woodies Pivot(Major) 
- USD/CNY is currently trading around 6.9553 marks.
- It made intraday high at 6.9554 and low at 6.9396 levels.
- Intraday bias remains slightly bullish for the moment.
- A sustained close above 6.9476 marks will test key resistances at 6.9620, 6.9768 and 6.9850 marks respectively.
- Alternatively, a daily close below 6.9210 will drag the parity down towards key supports at 6.8898, 6.8670, 6.8420, 6.8215, 6.7980, 6.7864, 6.7624, 6.7510 and 6.7160 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 6.9377 / dlr vs last close 6.9448.
We prefer to take long position on USD/CNY around 6.9500, stop loss 6.9210 and target of 6.9850.
