• USD/CNY dipped slightly on Thursday as investors awaited the outcome of a key CCP meeting expected to determine China’s economic, political, and social policies for the next five years.
• The Communist Party leadership’s four-day closed-door meeting, which began on Monday, is expected to unveil an outline of its policy direction for the next five years.
• There are lingering hopes that China may introduce stimulus measures to support economic growth and boost consumer confidence, following a series of weak data and amid significant uncertainties from ongoing U.S. trade tensions.
• Meanwhile, U.S. sanctions against Russia and possible new export controls on China revived geopolitical worries..
• Immediate resistance is located at 7.127(38.2%fib), any close above will push the pair towards 7.135(Higher BB).
• Support is seen at 7.112(SMA 20) and break below could take the pair towards 7.105(23.6%fib).
Recommendation: Good to sell around 7.130 with stop loss of 7.145 and target price of 7.115


FxWirePro: GBP/NZD edges higher but bearish outlook persists
FxWirePro- Major European Indices
FxWirePro: NZD/USD sustains gains as uptrend remains strong
EURGBP Buckles Under Sterling Surge – Bears Eye 0.8600 as 0.8800 Ceiling Holds Firm
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro- Major Pair levels and bias summary
CAD/JPY Rockets on Blowout Canadian Jobs Surprise – Bulls Target 113-115 as BoC Cut Odds Collapse
GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206
GBPJPY Bulls on Guard: Buy the Dip at 206 as Support Holds Firm – Target 208 in Sight
FxWirePro: USD/CAD downside pressure builds, key support level in focus
FxWirePro: USD/ CNY gains some upside momentum but still bearish
AUDJPY Eyes New Highs: Bulls Hold 102 Support, Target 104
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY dips below lower range, bearish bias increases
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
FxWirePro- Woodies Pivot(Major) 



