• EUR/ NZD eased on Monday as investors worried about the impact of surging oil prices on global inflation and economic growth..
• Iran named Mojtaba Khamenei as successor to his father Ali Khamenei as supreme leader, signaling hardliners remain firmly in power and dimming hopes for a swift end to the 10-day conflict..
• Oil prices surged above $119 a barrel as trade through the Strait of Hormuz remained halted, with supply cuts raising concerns about global inflation and interest rates.
• Immediate resistance is located at 1.9687(SMA 20), any close above will push the pair towards 1.9769(38.2%fib).
• Immediate support is seen at 1.9552(23.6%fib) and break below could take the pair towards 1.9513(Lower BB).
Recommendation: Good to sell around 1.9610 with stop loss of 1.9670 and target price of 1.9530


FxWirePro- Major European Indices
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
Pound Powerhouse: GBPJPY Smashes 211.50 as Yen Weakness Intensifies
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD drifts lower, could be on verge of bigger drop
FxWirePro: GBP/NZD topside capped, sellers still hold the advantage
FxWirePro: GBP/AUD recovers slightly but bias is still bearish
FxWirePro: GBP/AUD attracts selling interest, could be on verge of a bigger drop
G7 Oil Blitz Ignites Ethereum Recovery: ETHUSD Reclaims USD 2,000 Threshold
Kiwi Bulls Charge: NZDJPY Targets 94 as Yen Momentum Fades
FxWirePro: USD/JPY remains buoyant, looks to extend gains
FxWirePro:NZD/USD under pressure as Middle East war escalates
Aussie-Yen Deadlock: AUDJPY Braces for Potential Breakout Toward 112
Bitcoin Buffeted by Oil Surge: BTCUSD Eyes USD 80,000 Recovery Amid Volatility
Swissie Bulls Catch Their Breath: USDCHF Eyes 0.8000 After Recent Pullback 



