FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 
NZDJPY Bears Reload: Sell Rallies to 90 as All EMAs Turn Hostile 
FxWirePro: GBP/AUD under pressure as the pair continues to weaken 
FxWirePro: USD/ZAR extends decline, scope for further downside 
FxWirePro: GBP/AUD edges lower, bearish outlook persists 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/NZD downtrend extends, remains on bearish path 
AUDJPY Momentum Fades at 111: Sell Rallies to 108 as Bearish EMAs Dominate 
FxWirePro : EUR/NZD outlook weaker on renewed downside pressure 
FxWirePro: GBP/USD supported by UK services recovery and dollar weakness 
FxWirePro: GBP/USD edges higher as markets track U.S.-Iran talks and oil moves 
FxWirePro : EUR/NZD gains upside momentum but still bearish 
Crypto Action Bias: BNB/USD Leads Bullish Momentum as Major Pairs Neutralize 
FxWirePro: AUD/USD grinds higher amid risk appetite revival 
FxWirePro: EUR/AUD gains slightly, but downward resumption looks likely 
EUR/USD Eyes 1.1660 Breakout: Buying Dips Near 1.1530 as Geopolitical Tensions Ease 
- USD/CNY is currently trading around 6.3440 marks.
- It made intraday high at 6.3530 and low at 6.3305 levels.
- Intraday bias remains bullish for the moment.
- A sustained close above 6.3379 marks will test key resistances at 6.3530, 6.3649, 6.3855 and 6.4017 marks respectively.
- Alternatively, a daily close below 6.3379 will drag the parity down towards key supports at 6.3210, 6.3005, 6.2827, 6.2584, 6.2322, 6.2196 and 6.1907 marks respectively.
- PBOC sets yuan mid-point at 6.3428 / dlr vs last close 6.3400.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
- China’s Jan FDI +0.3 pct y/y.
We prefer to take long position on USD/CNY around 6.3380, stop loss at 6.3210 and target of 6.3855.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
