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FxWirePro: USD/CNY trades flat at 6.93 mark, PBOC sets yuan mid-point at 6.9236

  • USD/CNY is currently trading around 6.9309 marks.
     
  • It made intraday high at 6.9337 and 1low at 6.9290 levels.
     
  • Intraday bias remains neutral for the moment.
     
  • A sustained close above 6.9366 marks will test key resistances at 6.9456, 6.9525, 6.9620 and 6.9850 marks respectively.
     
  • Alternatively, a daily close below 6.9290 will drag the parity down towards key supports at 6.9210, 6.8898, 6.8670, 6.8420, 6.8215, 6.7980, 6.7864, 6.7624, 6.7510 and 6.7160 marks respectively.
     
  • Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
     
  • PBOC sets yuan mid-point at 6.9236 / dlr vs last close 6.9290.

Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.

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2019-03-21 00:52:44
0m

March 21 00:30 UTC Released

AUReserve Assets Total

Actual

61391 AUD

Forecast

Previous

60526 AUD

March 21 00:30 UTC Released

AUParticipation Rate

Actual

65.6 %

Forecast

65.7 %

Previous

65.7 %

January 31 00:00 UTC 596288596288m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 596288596288m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 608108608108m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 596288596288m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 608108608108m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 596288596288m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 596288596288m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 596288596288m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

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