• USD/ CNY strengthened on Monday as Chinese Yuan weakened as markets mulled U.S. President-elect Donald Trump's fiscal and trade policies could be a drag on China’s economy.
• Trump has argued that his trade policies, which include high tariffs on goods from rivals like China, would boost American manufacturing and generate revenue to offset concerns about the growing deficit and rising inflation.
• At GMT 14:05,the dollar was up 0.13% at 7.239 against Chinese Yuan.
•Technical signals show the pair could gain more ground as RSI is up at 59, and 9, 11,21 DMA’s are trending north.
• Immediate resistance is located at 7.251(23.6%fib), any close above will push the pair towards 7.277(Jul24th high).
• Support is seen at 7.229(SMA 5) and break below could take the pair towards 7.206(38.2%fib).
Recommendation: Good to buy around 7.235 with stop loss of 7.180 and target price of 7.260


FxWirePro: GBP/USD stuck in range but maintains bearish bias
EUR/JPY Breaks Out: Euro Surges Past 185.00 Resistance Amid Strong Bullish Momentum
FxWirePro: AUD/USD slips amid wavering risk sentiment
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus
FxWirePro: USD/CNY drifts lower, vulnerable to more downside
FxWirePro: GBP/NZD edges up, remains on front foot
FxWirePro: USD/ZAR continues to recovers , upside pressure builds
FxWirePro: USD/JPY edges up as yen dips after soft household spending data
NZDJPY Bearish Breakdown: Why Selling the Rallies is the Strategic Play
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom
FxWirePro: EUR/AUD eases as market awaits Iran deadline
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
Bitcoin's Tug-of-War: Bulls Eye 80,000 USD Despite Turbulent ETF Outflows
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire 



