Sterling Surge: GBPJPY Rebounds from Fibonacci Support as Yen Weakness Persists 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/ZAR trades in narrow range as Middle East tensions fester 
FxWirePro: GBP/USD dips as strong U.S. data boosts greenback 
Solana at a Crossroads: Triple Bottom Support Offers Lifeline for SOL Bulls 
Yen Under Siege: NZDJPY Bulls Eye 96.00 Amid Broad Japanese Weakness 
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish 
FxWirePro: USD/JPY edges higher as yen weakens on BOJ policy uncertainty 
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus 
FxWirePro: USD/CAD shows upside momentum, but bearish outlook remains 
FxWirePro: EUR/AUD dips below lower range, bearish bias increases 
FxWirePro: GBP/NZD slips amid prolonged geopolitical uncertainty 
FxWirePro: USD/CNY edges lower, set to stay on back foot 
Institutional Whale Surge: ETHUSD Trends Higher as Bitmine Amasses 4.97 Million Ether 
FxWirePro: NZD/USD firms as Q1 NZ CPI runs hotter than expected 
FxWirePro: GBP/NZD bears gain momentum awaiting Mideast Geopolitical clarity 
- USD/CNY is currently trading around 6.3214 marks.
- It made intraday high at 6.3315 and low at 6.3156 levels.
- Intraday bias remains neutral for the moment.
- A sustained close above 6.3221 marks will test key resistances at 6.3436, 6.3649, 6.3855 and 6.4017 marks respectively.
- Alternatively, a daily close below 6.3221 will drag the parity down towards key supports at 6.2980, 6.2850, 6.2584, 6.2322, 6.2196 and 6.1907 marks respectively.
- PBOC sets yuan mid-point at 6.3194 / dlr.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- China Jan CPI y/y decrease to 1.5 % (forecast 1.5 %) vs previous 1.8 %.
- China Jan CPI m/m increase to 0.6 % (forecast 0.7 %) vs previous 0.3 %.
- China Jan PPI y/y decrease to 4.3 % (forecast 4.4 %) vs previous 4.9 %.
We prefer to take long position on USD/CNY only above 6.3400, stop loss at 6.2810 and target of 6.3649/6.3855.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
