FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro- Major Pair levels and bias summary 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes 
FxWirePro- Major European Indices 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next? 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro:EUR/AUD eases but bullish outlook persists 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
- USD/CNY is currently trading around 6.8798 marks.
- It made intraday high at 6.8855 and low at 6.8739 levels.
- Intraday bias remains neutral for the moment.
- A sustained close above 6.88 marks will test key resistances at 6.8960, 6.9052, 6.9128, 6.9237, 6.9330, 6.9435, 6.9637 and 6.9883 marks respectively.
- On the other side, a daily close below 6.8780 will drag the parity down towards key supports at 6.87, 6.8570, 6.8449, 6.8090, 6.7969, 6.7769, 6.7540, 6.7439, 6.7370, 6.7288, 6.7180 and 6.7055.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- PBOC sets Yuan mid-point at 6.8731/ dollar vs last close 6.8720.
- China’s November trade balance USD decreases to 44.61 bln $ (forecast 46.30 bln $) vs previous 49.06 bln $.
- China’s November exports y/y increases to 0.1 % (forecast -5 %) vs previous -7.3 %.
- China’s November imports y/y increases to 6.7 % (forecast -1.3 %) vs previous -1.4 %.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.
