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FxWirePro: Nikkei consolidate after hitting 8-month high, good to buy on dips

FxWirePro: USD/THB hits fresh 3-month low at 32.33 mark, further downside likely

FxWirePro: USD/SGD breaks key support at 1.3690 mark, sustained close below targets 1.3652 mark

FxWirePro: US Dollar Index Trade Idea

FxWirePro: Japanese yen trades marginally higher after trade balance data, BOJ’s policy rate decision in focus

FxWirePro: EUR/KRW trades in narrow range, stay bearish only below 1,298 mark

FxWirePro: USD/SGD hovers around 1.37 mark, bias remains neutral

FxWirepro: USD/CAD dips below 1.3000 level on sudden surge in oil prices, good to sell on rallies

FxWirePro: USD/TWD moves directionless since last 1-month, stay neutral

FxWirePro: EUR/KRW moves in stiff boundaries, sustained close above 1,315 requires for upside rally

FxWirePro: USD/ZAR hovers around key resistance at 14.92 mark, consistent close above requires for upside rally

FxWirePro: South African rand trades margianally higher ahead of CPI, core CPI data

FxWirePro: EUR/USD Daily Outlook

FxWirePro: USD/TWD moves in stiif boundaries, stay neutral

FxWirePro: USD/CNY consolidates around 6.85 marks, PBOC sets yuan mid-point at 6.8569

FxWirePro: Thai baht trades almost flat in early Asia ahead of BOT’s repo rate decision

FxWirePro: GBPJPY struggles to close above 200 day MA and trendline resistance, good to sell on rallies

FxWirePro: USD/CNY hits fresh 6-month high at 6.5406 mark, PBOC sets yuan mid-point at 6.4893

Monday, June 25, 2018 6:54 AM UTC
0
comments
  • USD/CNY is currently trading around 6.5322 marks.
     
  • It made intraday high at 6.5406 and low at 6.5008 levels.
     
  • Intraday bias remains bullish till the time pair holds key support at 6.4899 marks.
     
  • A sustained close above 6.5026 marks will test key resistances at 6.5407, 6.5580, 6.5858 and 6.6042 marks respectively.
     
  • Alternatively, a daily close below 6.5026 will drag the parity down towards key supports at 6.4899, 6.4639, 6.4378, 6.4125 and 6.4017 marks respectively.
     
  • 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 6.4893 / dlr vs last close 6.4950.

We prefer to take long position on USD/CNY around 6.5250, stop loss 6.5000 and target of 6.5580/6.5749.

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2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 346174346174m

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-1541 %

January 31 00:00 UTC 334354334354m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 334354334354m

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January 31 00:00 UTC 334354334354m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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