EURUSD Bullish Momentum: Trading Above 800, 365 EMAs with Positive CCI on 5-Min Chart 
FxWirePro: USD/ZAR retreats slightly but trend is still bullish 
FxWirePro: USD/JPY dips as Japanese Yen consolidates near 40-year low 
FxWirePro: USD/ZAR slips as dollar weakens after PCE inflation data 
FxWirePro: GBP/AUD edges higher but bullish outlook persists 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: NZD/USD extends losing run, eyes 0.5600 level 
AUDJPY Under Pressure: US Dollar Strength and Bearish Technicals Signal Further Declines 
FxWirePro : AUD/USD drifts lower, could be on verge of bigger drop 
FxWirePro- Woodies pivot (Major) 
NZDJPY Bears Reload as 92 Resistance Caps Bounce; Sell-on-Rallies Eyed Toward 90 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/CAD loses momentum but bullish setup remains 
EURJPY Consolidates Above Key EMAs: Mixed Indicators Suggest Cautious Optimism for Traders 
NZDJPY's Downward Spiral: Will 92 Resistance Seal the Bearish Fate? 
AUDJPY Bears Take a Breather at 111.50, But ‘Sell on Rallies’ Still Eyes 110 
- USD/CNY is currently trading around 6.8204 marks.
- It made intraday high at 6.8310 and low at 6.7997 levels.
- Intraday bias remains slightly bearish till the time pair holds key resistance at 6.8310 mark.
- A sustained close above 6.8310 marks will test key resistances at 6.8510, 6.8620, 6.8747, 6.8934, 6.9088, 6.9245 and 6.9414 marks respectively.
- Alternatively, a daily close below 6.8310 will drag the parity down towards key supports at 6.8054, 6.7864, 6.7658 and 6.7373 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 6.8313 / dlr vs last close 6.8278.
- China July 2018 yuan-denominated trade balance decrease to 176.96 cny vs previous 261.88 cny.
- China July 2018 trade balance usd decrease to 28.05 usd (forecast 39.33 usd) vs previous 41.47 usd (revised from 41.61 usd).
We prefer to take long position on USD/CNY only above 6.8310, stop loss 6.8054 and target of 6.8620.
