FxWirePro: GBP/USD slides toward critical support market reassesses UK political transition 
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: AUD/USD climbs as US-Iran peace deal sparks risk rally 
FxWirePro: NZD/USD downside pressure builds, key support level in focus 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CNY hits one –month high, scope for further upside 
Pound-Yen Pullback: GBP/JPY Slips Below Key EMAs as Sterling Weakness Fuels Bearish Bet on 210 
FxWirePro: USD/JPY edges higher as the yen remains vulnerable despite repeated warnings of intervention. 
Peace Dividend Powers NZDJPY Past 93.50 — Bulls Set Sights on 96.15 Target 
FxWirePro: GBP/NZD stuck in range but outlook is bullish 
FxWirePro: GBP/NZD gaining momentum for a move towards 2.3350level 
FxWirePro: NZD/USD jumps after US and Iran agree preliminary deal 
FxWirePro- Woodies pivot (Major) 
Pound-Yen Pullback: GBP/JPY Slips Below Key EMAs as Sterling Weakness Fuels Bearish Bet on 210 
- USD/CNY is currently trading around 6.8038 marks.
- It made intraday high at 6.8116 and low at 6.7962 levels.
- Intraday bias remains bearish for the moment.
- A sustained close above 6.8084 marks will test key resistances at 6.8298, 6.8354, 6.8671, 6.8882, 6.8942, 6.9010 marks 6.9080 marks respectively.
- Alternatively, a daily close below 6.8084 will drag the parity down towards key supports at 6.7839, 6.7769, 6.7626, 6.7520 and 6.7436 marks respectively.
- PBOC sets yuan mid-point at 6.7935/ dlr vs last close 6.8085.
- China’s May Caixin services PMI increase to 52.8 vs previous 51.5.
- China’s Caixin/Markit May composite PMI (services and manufacturing) rises to 51.5 (vs April 51.2).
We prefer to take short position in USD/CNY around 6.8075, stop loss 6.8298 and target of 6.7520.
