GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
- USD/CNY is currently trading around 6.8827 marks.
- It made intraday high at 6.8906 and low at 6.8723 levels.
- Intraday bias remains bullish till the time pair holds key support at 6.8399 mark.
- A sustained close above 6.8747 marks will test key resistances at 6.8938, 6.9290, 6.9414, 6.9590 and 6.9726 marks respectively.
- Alternatively, a daily close below 6.8747 will drag the parity down towards key supports at 6.8399, 6.8198 and 6.8037 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 6.8710 / dlr vs last close 6.8749.
We prefer to take long position on USD/CNY only above 6.8938, stop loss at 6.8399 and target of 6.9290.
