• USD/ CNY traded in tight range on Thursday after as PBOC set the currency fixing weaker after the greenback's rebound from a four-year low.
• The yuan has gained 0.7% against the dollar this month after rising 4.5% in 2025, supported by a weaker greenback and stronger year-end exporter demand..
•Following the dollar's strength, the People's Bank of China set the midpoint rate at 6.9771 per dollar prior to the market open.
• The central bank has steadily raised its daily yuan fixing, though at weaker-than-market levels, signaling tolerance for some appreciation while discouraging one-way bullish bets.
• Immediate resistance is located at 6.967 (SMA 20), any close above will push the pair towards 7.000(Psychological level).
• Support is seen at 6.944 (23.6%fib) and break below could take the pair towards 6.935 (Lower BB).
Recommendation: Good to sell around 6.940 with stop loss of 6.970 and target price of 6.930


FxWirePro: USD/JPY uptrend loses steam, remains on bullish path
FxWirePro: EUR/AUD bears maintain upper hand
AUDJPY Extremely Bullish Above 113: Strong AUD Fuels Fresh Rally – Buy Dips at 113 Targeting 115
JPY Action Bias: Extremely Bullish Surge Ignites Across NZD, GBP & AUD
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD hits one-month high, scope for further upside
NZDJPY Extremely Bullish Above 94: Broad NZD Buying Fuels Fresh Upside – Buy Dips at 93.70 Targeting 95
FxWirePro: GBP/NZD gains some upside momentum but still bearish
EUR/USD Holds Bullish Tone Despite Pullback from Yesterday’s High
FxWirePro: GBP/NZD downtrend slows, but bearish sentiment remains
GBPJPY Bullish on Consolidation: Holds Above 216 After 218 Top – Buy Dips at 217 Targeting 220
FxWirePro:EUR/NZD dips below lower range, bearish bias increases
Crypto Major Pair Action Bias: ETHUSD Bullish as BTCUSD, SOLUSD & XRPUSD Stay Neutral
FxWirePro: GBP/USD advance after softer US inflation dims Fed rate hike bets
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
Major JPY Action Bias — Extremely Bullish Setups in NZD/JPY, AUD/JPY and CAD/JPY 



