• USD/CNY edged lower on Thursday as investors were cautiously awaiting Trump's reciprocal tariffs deadline on April 2 to assess the shifting risks for the Chinese currency.
•Trump announced 25% tariffs on auto imports late Wednesday, a move analysts say will primarily impact European, Japanese, and South Korean companies.
• Trump stated that planned reciprocal tariffs on all countries would be lenient. Regarding China, he suggested possible tariff reductions to facilitate a deal for selling TikTok.
• China's business climate stayed weak as industrial profits fell in early 2025, pressured by deflation and rising U.S. trade tensions.
• At GMT 08:42, the dollar gained 0.05% to 7.263 against the Chinese Yuan.
• Immediate resistance is located at 7.268(March 25th high), any close above will push the pair towards 7.286(23.6%fib)
• Support is seen at 7.259(March 25th low) and break below could take the pair towards 7.246(38.2%fib).
Recommendation: Good to buy around 7.260, with stop loss of 7.230 and target price of 7.300


GBPJPY Weakens on Soft UK CPI: Sell Below 217.80 Targeting 216.40
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish
FxWirePro: GBP/USD stays below 1.3400 level following cooler inflation report
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD bulls struggles as upside momentum fades
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CNY gains some upside momentum but bias still bearish
AUDJPY Pulls Back on Profit Booking: Buy Dips Toward 117/118
FxWirePro- Woodies pivot (Major)
JPY Action Bias: USDJPY, AUDJPY & EURJPY Turn Extremely Bullish – Top Pairs to Watch
FxWirePro- USD/CHF Holds Above 0.8120 as Bulls Target 0.8200
FxWirePro: GBP/AUD dips amid heightened Geopolitical concerns
FxWirePro: USD/ZAR slips as rand gains on U.S.-Iran developments 



