GBPJPY Claims 215: Sterling Bulls Forge Ahead with Locked-In Momentum 
FxWirePro: USD/JPY on nervous hold around 160.00 
NZDJPY Bearish Reversal Intact: Triple EMA Stack Signals Sell-on-Rallies Play Toward 90.50 
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption 
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data 
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst 
AUDJPY Reclaims 114: Bears Growl in the Short Term, But Bulls Hold the Line 
FxWirePro: GBP/AUD bulls gain momentum on hot U.S. Jobs data 
FxWirePro: GBP/NZD climbs as robust U.S. employment figures triggers renewed buying interest. 
FxWirePro: EUR/ NZD bulls gain momentum,eyes level 2.0000 
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside 
NFP Shockwave Wipes Out EURUSD Gains as King Dollar Roars Back; Bears Target 1.1525 
FxWirePro: GBP/USD falls to two-week low on strong US jobs data 
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97 
FxWirePro: USD/ZAR bears maintain upper hand 
- USD/CNY is currently trading around 6.9684 marks.
- It made intraday high at 6.9919 and low at 6.9625 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 7.00 mark.
- A sustained close above 6.9905 marks will test key resistances at 7.0120, 7.0388, 7.0552, 7.07 and 7.0920 marks respectively.
- Alternatively, a daily close below 6.9905 will drag the parity down towards key supports at 6.9550, 6.9210, 6.90, 6.8658, 6.84 and 6.8222 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
- China’s Caixin manufacturing PMI stands at 40.3 vs 51.1 previous release (expected 46.1).
We prefer to take short position on USD/CNY only below 6.96, stop loss at 6.9920 and target of 6.9210.
