• USD/CNY strengthened on Wednesday as China’s Yuan continued weaken pressured by concerns over the economic impact of U.S. tariffs and the threat of more duties on Chinese goods.
• Markets remain tense as they await next week’s announcement from U.S. President Donald Trump, who is expected to impose new tariffs on the auto and semiconductor industries.
• Tariffs and the threat of new duties have led to unexpected shifts in currency markets, as concerns over their impact on U.S. growth challenge the assumption that they should be inflationary and strengthen the dollar.
• At GMT 07:25, the dollar gained 0.10% to 7.262 against the Chinese Yuan.
• Immediate resistance is located at 7.276(38.2%fib), any close above will push the pair towards 7.284(Higher BB)
• Support is seen at 7.257(50%fib) and break below could take the pair towards 7.240(61.8%fib).
Recommendation: Good to buy around 7.260, with stop loss of 7.230 and target price of 7.300


FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD recovers some ground but bears are not done yet
FxWirePro- Major Crypto levels and bias summary
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: USD/JPY edges higher but bulls lack punch 



