- USD/CNY is currently trading around 6.7789 marks.
- It made intraday high at 6.7807 and low at 6.7716 levels.
- Intraday bias remains bullish till the time pair holds key support at 6.7500 marks.
- A sustained close above 6.7710 marks will test key resistances at 6.7887, 6.8072, 6.8210, 6.8525 and 6.8886 marks respectively.
- Alternatively, a daily close below 6.7710 will drag the parity down towards key supports at 6.7580, 6.7510, 6.7422, 6.7180, 6.7050, 6.6722 and 6.6422 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- PBOC sets yuan mid-point at 6.7623 / dlr vs last close 6.7718.
- China Jan 2019 PPI yy decrease to 0.1 % (forecast 0.2 %) vs previous 0.9 %.
- China Jan 2019 CPI yy decrease to 1.7 % (forecast 1.9 %) vs previous 1.9 %.
- China Jan 2019 CPI mm increase to 0.5 % (forecast 0.5 %).
We prefer to take long position on USD/CNY around 6.7740, stop loss at 6.7510 and target of 6.8072.


All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro- Major Crypto levels and bias summary
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention.
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro- Major Pair levels and bias summary
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro: AUD/USD cedes early gains ,outlook bearish
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 



