FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus 
FxWirePro: GBP/AUD drifts lower after BOE rate decision 
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum 
FxWirePro- Woodies pivot (Major) 
FxWirePro: USD/CNY dips to hit three year low,scope for further downside 
FxWirePro- Major Pair levels and bias summary 
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target 
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth 
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist 
FxWirePro: AUD/USD gains some ground but outlook is bearish 
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies 
FxWirePro: GBP/USD rises as soft US data pressures dollar 
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next 
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low 
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 
- USD/CNY is currently trading around 7.0261 marks.
- It made intraday high at 7.0303 and low at 7.0247 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 7.0540 mark.
- A sustained close above 7.0299 marks will test key resistances at 7.0540, 7.0920, 7.1152, 7.1476 and 7.1548 marks respectively.
- Alternatively, a daily close below 7.0299 will drag the parity down towards key supports at 7.0108, 6.97, 6.9297 and 6.88 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- China’s Caixin services PMI stands at 51.1 vs 51.3 previous release (expected 51.5).
We prefer to take short position on USD/CNY only below 7.0230, stop loss at 7.0540 and target of 7.0108/6.97.
