Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off 
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path 
FxWirePro: USD/JPY holding bid into weekend 
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level 
FxWirePro- Major European Indices 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows 
FxWirePro: GBP/USD biased higher but rally currently stretched 
FxWirePro: AUD/USD retreats slightly but trend is still bullish 
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout 
FxWirePro: USD/CAD recovers slightly but bearish outlook persists 
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally 
- USD/CNY is currently trading around 6.5572 marks.
- It made intraday high at 6.5854 and low at 6.5595 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 6.5723 levels.
- A sustained close above 6.5908 marks will test key resistance at 6.6042 (January 07, 2016 high) marks.
- On the other side, a daily close below 6.5510 will drag the parity down towards key supports at 6.5369, 6.5124, 6.4910, 6.4721 and 6.4531 levels respectively.
- PBOC sets Yuan mid-point at 6.5497 / dlr vs last close 6.5515.
- Important to note here that, 20D EMA, 30D and 55D EMA heads still up, which confirms bullish trend. Current downside movement is short term trend correction only.
We prefer to take short position in USD/CNY only below 6.5510, stop loss 6.5865 and target 6.5124 marks.
