Published at 01:34 (GMT) 15 Jul
15 Jul USD/CNY 1-Yr NDF Daily
01::03 GMT - Starting the new day on a consolidative mode and need movebelow 6.2615/05 supports to unlease stronger selling to 6.2510. Resistance seen at 6.2695 ahead of 6.2730 and above latter will help recover upside footing. [W.T]
R5: 6.2875 * 20/21 Apr highs
R4: 6.2866 * 8 Jul high
R3: 6.2790 9 Jul high
R2: 6.2730 10 Jul high
R1: 6.2695 14 Jul high
S1: 6.2615 13 Jul low
S2: 6.2605 * 29 May high
S3: 6.2590 16 Jun high
S4: 6.2510 7 Jul low
S5: 6.2485 6 Jul low
Recommended Content
Editors’ Picks
EUR/USD declines below 1.0700 as USD recovery continues
EUR/USD lost its traction and declined below 1.0700 after spending the first half of the day in a tight channel. The US Dollar extends its recovery following the strong Unit Labor Costs data and weighs on the pair ahead of Friday's jobs report.
GBP/USD struggles to hold above 1.2500
GBP/USD turned south and dropped below 1.2500 in the American session on Thursday. The US Dollar continues to push higher following the Fed-inspired decline on Wednesday and doesn't allow the pair to regain its traction.
Gold stuck around $2,300 as market players lack directional conviction
Gold extended its daily slide and dropped below $2,290 in the second half of the day on Thursday. The benchmark 10-year US Treasury bond yield erased its daily losses after US data, causing XAU/USD to stretch lower ahead of Friday's US jobs data.
Top 3 Price Prediction BTC, ETH, XRP: Altcoins to pump once BTC bottoms out, slow grind up for now
Bitcoin reclaiming above $59,200 would hint that BTC has already bottomed out, setting the tone for a run north. Ethereum holding above $2,900 keeps a bullish reversal pattern viable despite falling momentum. Ripple coils up for a move north as XRP bulls defend $0.5000.
Happy Apple day
Apple is due to report Q1 results today after the bell. Expectations are soft given that Apple’s Chinese business got a major hit in Q1 as competitors increased their market share against the giant Apple.