- USDCNY is currently trading at 6.4644 levels.
- It made intraday high at 6.4728 and low at 6.4628 levels.
- Intraday bias remains bearish for the moment.
- PBoC raised its fixing rate by the most since last November.
- A sustained break below 6.4590 will tests another support around 6.4525/6.4351 levels.
- Alternatively, reversal from key support will drag the parity back above 6.49 marks.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.


FxWirePro- Major European Indices
FxWirePro- Major European Indices
FxWirePro: USD/ZAR slips sharply lower as US-Iran ceasefire lifts risk appetite
NZDJPY Bearish Breakdown: Why Selling the Rallies is the Strategic Play
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets
Ethereum Reclaims Higher Ground: Ether Bulls Target $2,700 as Middle East Tensions Thaw
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD stuck in range but maintains bearish bias
FxWirePro- Major Pair levels and bias summary
Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede
FxWirePro- Major Crypto levels and bias summary
GBPJPY Surges to 211.88: Sterling Bulls Target 215 Amid Broad-Based Buying




