FxWirePro: USD/CNY downtrend loses steam, remains on bearish path 
NZDJPY Bears Stay in Control After Sell-Off — Sell Rallies at 93 Targeting 90 as All EMAs Align Bearish 
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth 
FxWirePro: GBP/NZD downside pressure builds, key support level in focus 
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish 
DAX & CAC40 Score Perfect 100 Trend, FTSE100 Lags at 85 – Key Levels to Watch on the Perfect Scorers 
Gold Retreats as Geopolitical Fears Ease: Bears Target $4,000 Support 
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish 
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level 
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities 
FxWirePro: GBP/AUD bears maintain upper hand 
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red 
FxWirePro: USD/CNY edges higher, outlook bearish 
AUDJPY Bears Tighten Grip: Sell Rallies at 110.65-67 Targeting 107.75 as All EMAs Stay Red 
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness 
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention. 
- USD/CNY is currently trading around 6.8170 marks.
- It made intraday high at 6.8369 and low at 6.8161 levels.
- Intraday bias remains slightly bearish for the moment.
- A sustained close above 6.8343 marks will test key resistances at 6.8510, 6.8620, 6.8747, 6.8934, 6.9088, 6.9245 and 6.9414 marks respectively.
- Alternatively, a daily close below 6.8343 will drag the parity down towards key supports at 6.8054, 6.7864, 6.7658 and 6.7373 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- PBOC sets yuan mid-point at 6.8317 / dlr vs last close 6.8318.
- China July 2018 CPI yy increase to 2.1 % (forecast 1.9 %) vs previous 1.9 %.
- China July 2018 CPI mm increase to 0.3 % (forecast 0.2 %) vs previous -0.1 %.
- China July 2018 PPI yy decrease to 4.6 % (forecast 4.4 %) vs previous 4.7 %.
We prefer to take short position on USD/CNY around 6.8150, stop loss 6.8370 and target of 6.7864.
