• USD/CNY rose on Friday as Yuan weakened amid concerns over China’s economic struggles and a widening bond yield differential to the US.
• The yuan breached the psychological milestone of 7.3 per dollar for the first time since late 2023, reflecting investor apprehension about China's economic health and the prospect of U.S. import tariffs under the incoming Trump administration.
•Additionally, the yield gap between Chinese and U.S. bonds has widened, with China's long-term bond yields near record lows, prompting investors to seek higher returns in dollar-denominated assets
• At GMT 15:46,the dollar was up 0.28% at 7.319 against Chinese Yuan .
• Immediate resistance is located at 7.321(23.6%fib), any close above will push the pair towards 7.329(Higher BB)
• Support is seen at 7.297(Daily low) and break below could take the pair towards 7.290(38.2%fib).
Recommendation: Good to buy around 7.310 with stop loss of 7.250 and target price of 7.350


NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major European Indices
FxWirePro: AUD/USD dips on soft China data
FxWirePro- Major European Indices
Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K
FxWirePro: NZD/USD weakens as RBNZ quashes rate hike talk
FxWirePro- Woodies Pivot(Major)
Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900
FxWirePro- Major Crypto levels and bias summary
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
FxWirePro- Woodies Pivot(Major)
Yen Strikes Back: AUD/JPY Retreats as BOJ Policy Looms – Sell on Rallies to 100
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15
FxWirePro: USD/JPY caught in narrow range, bias bearish
FxWirePro: GBP/USD steadies ahead key data, BoE event risk 



