• USD/ CNY strengthened on Monday as the greenback firmed following a flare-up in Gulf tensions.
• U.S. and Iranian forces exchanged heavy fire over the weekend, and Tehran said it had again closed the Strait of Hormuz.
• Prior to the market opening, the People's Bank of China set the midpoint rate at 6.7972 per dollar, its strongest since February 10, 2023.
• The USD/CNY was last trading 0.10% up at 6.782 per dollar, pulling back from a two-week low of 6.77 reached on Friday
• Immediate resistance is located at 6.782 (Daily high), any close above will push the pair towards 6.789(38.2%fib).
• Support is seen at 6.756(38.2%fib) and break below could take the pair towards 6.749(Lower BB).
Recommendation: Good to sell around 6.785 with stop loss of 6.800 and target price of 6.750


FxWirePro: NZD/USD hits three-week high, scope for further upside
FxWirePro- Major Pair levels and bias summary
BTCUSD Bullish Breakout: Clears 800-EMA After Consolidation, Buy Dips Toward $74,900
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD uptrend loses steam, remains on bullish path
FxWirePro : USD/JPY holds bullish bias despite intervention concerns
FxWirePro: USD/CAD trades in tight range as markets track Middle East conflict
FxWirePro: USD/ZAR slips as rand gains despite weak manufacturing data
NZDJPY Bullish Surge: RBNZ Hawkish Pause Fuels Rally Toward 95 as 92.60 Support Holds
FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD slips on risk aversion as Middle East tensions escalate
FxWirePro: NZD/USD dips as geopolitical tensions weighs on Kiwi dollar
FxWirePro: GBP/AUD steadies around 1.9310,retains bid tone
ETHUSD Bullish Momentum: Follows BTC Above All EMAs, Buy Dips Near $1750 Targeting $2300
FxWirePro: GBP/USD climbs to three-week peak
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 



