Global Markets React to Strong U.S. Jobs Data and Rising Yields 
FxWirePro- Woodies Pivot(Major) 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
Energy Sector Outlook 2025: AI's Role and Market Dynamics 
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias 
US Gas Market Poised for Supercycle: Bernstein Analysts 
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path 
Bank of America Posts Strong Q4 2024 Results, Shares Rise 
Stock Futures Dip as Investors Await Key Payrolls Data 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
FxWirePro: EUR/NZD edges lower but bullish outlook persists 
AUD/NZD chart on Trading View used for analysis
- AUD/NZD slumps lower on the day, is trading at 1.0617, down 0.48% at the time of writing.
- The pair has broken major trendline support at 1.0658 and we see scope for further weakness.
- Momentum studies are highly bearish on the daily and weekly charts. We see some oversold pressures on the dailies which could see some pullbacks.
- For now we do not see any major signs of reversal. Volatility is on the rise on weekly charts, momentum with the bears.
- We see strong support at 1.0585 (Triangle base). Breach there will accentuate weakness. Next bear targets below 1.0585 are 1.0550 and then 1.0490.
- Breakout above 200-DMA will invalidate our bearish bias.
Support levels - 1.0585 (Triangle base), 1.0550 (trendline), 1.0488 (Apr 12 low)
Resistance levels - 1.0658 (trendline), 1.0685 (5-DMA), 1.0774 (21-EMA)
Recommendation: Stay short on break below 1.0585, target 1.055/ 1.0485
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
