• USD/ CNY slipped to hit one month low on Monday as China's yuan was lifted by a dovish policy pivot by the U.S. Federal Reserve Chair Jerome Powell.
• Speaking Friday, Powell signaled the Fed may lower rates next month, highlighting mounting job market concerns and ongoing inflation risks.
• Markets now see an 87% chance of a 25 bps cut at the Sept. 17 Fed meeting, with 48 bps of easing priced in by year-end, CME FedWatch shows.
• The dollar has been under pressure in recent weeks as U.S. President Donald Trump's attacks on Powell and other Fed policymakers raised concerns about central bank independence.
• Meanwhile, Investors will watch U.S. trade and tariff talks with South Korea and India for potential market impact.
• At GMT 06:27,the dollar was down 0.24% at 7.148 against Chinese Yuan.
• Immediate resistance is located at 7.168(Daily high), any close above will push the pair towards 7.182(SMA20).
• Support is seen at 7.150(Daily low) and break below could take the pair towards 7.142 (Lower BB).
Recommendation: Good to sell around 7.160 with stop loss of 7.170 and target price of 7.140


Bitcoin Dips Before the Flip: Whales Load Up $3B as $80K Rebound Looms
FxWirePro- Major Crypto levels and bias summary
AUDJPY Pares Gains: Bullish Trend Intact Above 114 Despite Profit-Taking
FxWirePro: GBP/AUD dips below 1.9000 level , vulnerable to more downside
FxWirePro:EUR/NZD gains some ground but outlook is bearish
AUD/JPY: Bullish Momentum Continues in JPY Major Pairs
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD stuck in range but maintains bearish bias
FxWirePro: EUR/NZD neutral in the near term, scope for downward resumption
FxWirePro: EUR/ AUD gains slightly but remains on bearish path
FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path
FxWirePro: NZD/USD edges higher ahead of RBNZ decision
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro- Major Pair Currency Score (AUDUSD Bullish)
FxWirePro- Woodies Pivot (Major) 



