• USD/CNY firmed on Thursday as Yuan weakened as mainland markets reopened following the week-long National Day holiday.
• Mainland markets reopened after an eight-day holiday, with investors reacting to overseas developments as the U.S. dollar headed for its strongest weekly performance in nearly a year.
• Investor attention is set to turn to China’s upcoming Fourth Plenum, scheduled for October 20–23, which is expected to detail the country’s economic, political, and social agenda, along with development plans for the next five years.
• Prior to market opening, the People's Bank of China (PBOC) set the midpoint rate at 7.1102 per dollar, its weakest since September 26.
• At GMT 07:06, the dollar was up 0.14% to 7.128 against the Chinese Yuan.
• Immediate resistance is located at 7.134(Daily high), any close above will push the pair towards 7.141(38.2%fib)
• Support is seen at 7.102(23.6%fib) and break below could take the pair towards 7.097(Lower BB).
Recommendation: Good to sell around 7.115, with stop loss of 7.100 and target price of 7.130


Dollar Crumbles on Dovish Fed Bets – USD/CHF Eyes 0.7865 Next
GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206
Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD edges higher but bearish outlook persists
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
FxWirePro- Major European Indices
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro- Major Pair levels and bias summary
EURGBP Buckles Under Sterling Surge – Bears Eye 0.8600 as 0.8800 Ceiling Holds Firm
FxWirePro: USD/CAD downside pressure builds, key support level in focus
GBPJPY Bulls on Guard: Buy the Dip at 206 as Support Holds Firm – Target 208 in Sight
FxWirePro- Major US Indices
FxWirePro: USD/ CNY gains some upside momentum but still bearish
FxWirePro- Major Crypto levels and bias summary 



