GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro- Major European Indices 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro- Woodies Pivot(Major) 
- USD/CNY is currently trading around 6.6713 marks.
- It made intraday high at 6.6726 and low at 6.6650 levels.
- Intraday bias remains bullish till the time pair holds key support at 6.6610 marks.
- On the top side, a sustained close above 6.6780 mark will test key resistances at 6.6873, 6.7017, 6.7583 and 6.8158 marks respectively.
- Alternatively, a daily close below 6.6610 will drag the parity down towards key supports at 6.6560, 6.6425, 6.6281, 6.6110, 6.6042, 6.5930, 6.5710, 6.5510 (20D EMA), 6.5369, 6.5758, 6.4910, 6.4721 and 6.4531 levels.
- PBOC sets Yuan mid-point at 6.6595/ dollar vs last close 6.6688.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
We prefer to take long position in USD/CNY around 6.6700, stop loss 6.6610 and target 6.6805.
