FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/CNY dips to hit three year low,scope for further downside 
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains 
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth 
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges 
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target 
FxWirePro: GBP/AUD bears maintain upper hand 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
FxWirePro- Major Pair levels and bias summary 
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next 
FxWirePro: GBP/USD rises as soft US data pressures dollar 
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus 
- USD/CNY is currently trading around 7.0777 marks.
- It made intraday high at 7.0781 and low at 7.0665 levels.
- Intraday bias remains neutral for the moment.
- A sustained close above 7.0920 marks will test key resistances at 7.1152, 7.1476, 7.1548, 7.1877, 7.2095, 7.3645 and 7.58 marks respectively.
- Alternatively, a daily close below 7.0765 will drag the parity down towards key supports at 7.0632, 7.0474, 7.0108, 6.97, 6.9297 and 6.88 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- China GDP q/y stands at 6.0 pct vs 6.2 pct previous release (expected 6.1).
- China industrial production y/y stands at 5.8 pct vs 4.4 pct previous release (expected 5.0).
- China retail sales y/y stands at 7.8 pct vs 7.5 pct previous release (expected 7.8).
We prefer to take short position on USD/CNY only below 7.0644, stop loss at 7.09 and target 7.0474/7.0108.
