Major Pair Currency Scores: GBPUSD, USDCAD, AUDUSD & NZDUSD Lead as Top Bullish Pairs to Watch 
FxWirePro : USD/JPY slips as Yen firms on further Intervention talk 
FxWirePro : EUR/NZD outlook weaker on renewed downside pressure 
Major European Indices Trend Scores: DAX & CAC40 Hit Perfect 100, FTSE100 at 85 — All Bullish with Key Levels to Watch 
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 
AUDJPY Momentum Fades at 111: Sell Rallies to 108 as Bearish EMAs Dominate 
FxWirePro: GBP/AUD under pressure as the pair continues to weaken 
FxWirePro: AUD/USD grinds higher amid risk appetite revival 
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish 
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level 
FxWirePro: NZD/USD eases as NZ unemployment surges in Q2 
FxWirePro: GBP/NZD downtrend extends, remains on bearish path 
FxWirePro: NZD/USD turns lower as USD regains footing 
NZDJPY Bears Stay in Control After Sell-Off — Sell Rallies at 93 Targeting 90 as All EMAs Align Bearish 
FxWirePro: USD/CNY edges higher, outlook bearish 
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish 
- USD/CNY is currently trading around 6.2858 marks.
- It made intraday high at 6.2875 and low at 6.2764 levels.
- Intraday bias remains bullish till the time pair holds key support at 6.2654 mark.
- A sustained close above 6.2890 marks will test key resistances at 6.3068, 6.3158, 6.3210, 6.3320, 6.3515, 6.3625, 6.3855 and 6.4017 marks respectively.
- Alternatively, a daily close below 6.2766 will drag the parity down towards key supports at 6.2654, 6.2584, 6.2419, 6.2322, 6.2196 and 6.1907 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
- PBOC sets yuan mid-point at 6.2897 / dlr vs last close 6.2760.
We prefer to take short position on USD/CNY only below 6.2760, stop loss 6.2930 and target of 6.2654/6.2529.
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