FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70 
FxWirePro- Major European Indices 
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally 
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm 
- USD/CNY is currently trading around 6.8733 marks.
- It made intraday high at 6.8735 and low at 6.8579 levels.
- Intraday bias remains neutral for the moment.
- A sustained close above 6.8679 marks will test key resistances at 6.8789, 6.9080, 6.9162, 6.9336, 6.9496, 6.9615, 6.9778 and 6.9883 marks respectively.
- Alternatively, a daily close below 6.8679 will drag the parity down towards key supports at 6.8510, 6.8449, 6.8090 and 6.7769 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 6.8693/ dollar vs last close 6.8750.
- China’s December retail sales y/y increases to 10.9 % (forecast 10.7 %) vs previous 10.8 %.
- China’s December urban investment (ytd) y/y decrease to 8.1 % (forecast 8.3 %) vs previous 8.3 %.
- China’s December industrial output yy* decrease to 6 % (forecast 6.1 %) vs previous 6.2 %.
- China’s Q4 GDP y/y increase to 6.8 % (forecast 6.7 %) vs previous 6.7 %.
- China’s Q4 GDP q/q decrease to 1.7 % (forecast 1.7 %) vs previous 1.8 %.
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.
