- USD/CNY is currently trading around 6.8954 marks.
- It made intraday high at 6.8978 and low at 6.8835 levels.
- Intraday bias remains bullish till the time pair holds key support at 6.8835 mark.
- A sustained close above 6.8835 marks will test key resistances at 6.9049, 6.9268, 6.9540, 6.97, 6.9867, 6.9957, 7.0168, 7.0388, 7.07 and 7.0920 marks respectively.
- Alternatively, a daily close below 6.8835 will drag the parity down towards key supports at 6.8658, 6.84 and 6.8222 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
We prefer to take long position on USD/CNY around 6.89, stop loss at 6.8835 and target of 6.9049/6.9268.


AUDJPY Pares Gains as Soft Australian CPI Cools Rally; Bulls Circle Key Dip-Buying Zone at 113.40
AUD/JPY: Triple EMA “Buy-the-Dip” Setup Targets 115 With Layered Support Intact
EUR/JPY Bullish Above 185: Triple EMA Shield Targets 187.25–188 Breakout
FxWirePro: NZD/USD slips ahead of RBNZ policy decision
FxWirePro: NZD/USD spikes as RBNZ holds rates in split decision
FxWirePro: USD/JPY edges higher as traders monitor Middle East developments
FxWirePro: AUD/USD eases as US-Iran questions mount
FxWirePro: GBP/USD eases slightly as Iran deal proves elusive
FxWirePro: GBP/USD slips lower as markets struggle to read U.S.-Iran situation
FxWirePro: USD/JPY eases slightly but trend is still bullish
Bitcoin Cracks $75K as $1.3B ETF Exodus and Middle East Jitters Spook Bulls; Bears Eye $70K
FxWirePro- Major European Indices
ETH Cracks $2,100 in Bitcoin’s Wake as Bearish EMA Stack Deepens; Sellers Target $1,900 on Rallies
FxWirePro: USD/ZAR gains some ground but outlook is bearish
NZDJPY Powers Past 93.50 on Hawkish RBNZ Pause—Bulls Target 94.40, But Resistance Awaits
FxWirePro- Woodies pivot (Major)




