• USD/CNY inched higher on Thursday as greenback firmed as investors reduced bets on a Federal Reserve interest rate reduction next month.
• The minutes from the Fed’s October meeting, released Wednesday, showed that policymakers proceeded with a rate cut even as they warned it could risk entrenched inflation and undermine public confidence in the central bank..
• Traders now see nearly a 33% chance for a rate cut at the Fed's December 9-10 meeting, down from 49% on Wednesday, CME Group's FedWatch tool showed.
• The spotlight is now on the September non-farm payrolls report, due later in the day after a postponement linked to the recent U.S. government shutdown..
•Meawhile,prior to market opening, the People's Bank of China (PBOC) set the midpoint rate at 7.0905 per dollar, its weakest level since October 24
• Immediate resistance is located at 7.132(Nov 4th high), any close above will push the pair towards 7.138(38.2%fib).
• Support is seen at 7.091(23.6%fib) and break below could take the pair towards 7.085(Lower BB).
Recommendation: Good to sell around 7.116 with stop loss of 7.130 and target price of 7.100


FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD hovers near three –month high, scope for further upside
FxWirePro: EUR/AUD moves higher following downbeat Australian jobs report
FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210?
Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K
FxWirePro: USD/CAD recovers slightly but trend is still bearish
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro- Major European Indices
FxWirePro: GBP/AUD recovers slightly but bears are not done yet 



