Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus 
FxWirePro: AUD/USD gains some ground but outlook is bearish 
FxWirePro- Woodies pivot (Major) 
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges 
FxWirePro: USD/CNY dips to hit three year low,scope for further downside 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth 
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target 
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
FxWirePro: GBP/AUD drifts lower after BOE rate decision 
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next 
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum 
- USD/CNY is currently trading around 6.9772 marks.
- It made intraday high at 6.9839 and low at 6.9679 levels.
- Intraday bias remains slightly bearish till the time pair holds key resistance at 6.9967 mark.
- A sustained close above 6.9765 marks will test key resistances at 6.9967, 7.0303, 7.0540 and 7.0920 marks respectively.
- Alternatively, a daily close below 6.9765 will drag the parity down towards key supports at 6.9525, 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 trade balance stands at 301B vs 275B previous release (expected 287B).
- China’s trade balance USD stands at 42.8B vs 39.7B previous release (expected 40.6B).
We prefer to take short position on USD/CNY around 6.98, stop loss at 6.9950 and target of 6.9525/6.9297.
