• USD/ CNY steadied near 16 month high on Thursday as investors awaited key economic data from China.
• . China’s Q4 GDP, industrial production, retail sales, and unemployment rate updates are in focus, offering key insights into the country’s economic health.
• Threats of tariffs from US President-elect Donald Trump and differences in US and Chinese monetary policy have caused the Chinese currency to decline for ten weeks in a row.
• At GMT 09:50,the dollar was trading up 0.02 % at 7.331 against Chinese Yuan.
• Immediate resistance is located at 7.334 (23.6%fib), any close above will push the pair towards 7.345 (Higher BB).
• Support is seen at 7.318(38.2%fib) and break below could take the pair towards 7.312 (Jan 6th low).
Recommendation: Good to buy around 7.325 with stop loss of 7.260 and target price of 7.350


Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro- Woodies pivot (Major)
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro: GBP/USD recovers some ground but bears are not done yet
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro- Major Pair levels and bias summary 



