• USD/CNY slipped lower on Thursday as the dollar softened on reduced geopolitical tensions and uncertainty over the Fed’s independence.
•The Israel-Iran ceasefire held on Wednesday, as Trump praised the swift end to the conflict and vowed to seek Iran’s commitment to end its nuclear program in upcoming talks.
• The dollar fell after reports showed that President Trump is considering replacing Fed Chair Powell by September or October, raising concerns over Fed independence and policy stability.
• On Wednesday, President Trump criticized Fed Chair Jerome Powell as "terrible" for not aggressively cutting interest rates, even as Powell, in Senate testimony, warned that the President’s tariff policies posed inflation risks and called for a cautious approach to monetary policy.
• At GMT 06:03, the dollar was down 0.14% to 7.165 against the Chinese Yuan.
• Immediate resistance is located at 7.177(Daily high), any close above will push the pair towards 7.191(38.2%fib)
• Support is seen at 7.160(23.6%fib) and break below could take the pair towards 7.151 (Lower BB).
Recommendation: Good to sell around 7.170, with stop loss of 7.190 and target price of 7.140


FxWirePro: USD/JPY dips below lower range, bearish bias increases
FxWirePro: EUR/CAD tumbles as strong Canadian jobs data fuels BoC rate-hike bets
FxWirePro: USD/CAD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD slide lower shifts pressure to the downside
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level
FxWirePro- Woodies Pivot(Major)
EURJPY Carves Triple Bottom at 180.20 – Bulls Ready to Storm 182-183 as Breakout Momentum Builds
AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85
FxWirePro: GBP/NZD edges higher but bearish outlook persists
FxWirePro: NZD/USD sustains gains as uptrend remains strong
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
EURGBP Buckles Under Sterling Surge – Bears Eye 0.8600 as 0.8800 Ceiling Holds Firm
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed
CAD/JPY Rockets on Blowout Canadian Jobs Surprise – Bulls Target 113-115 as BoC Cut Odds Collapse
FxWirePro- Woodies Pivot(Major) 



