Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
FxWirePro: USD/CNY outlook weaker on renewed downside pressure 
US Gas Market Poised for Supercycle: Bernstein Analysts 
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000? 
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115? 
NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
Stock Futures Dip as Investors Await Key Payrolls Data 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
FxWirePro: GBP/AUD gives up early gains after UK GDP shock 
Bank of America Posts Strong Q4 2024 Results, Shares Rise 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
FxWirePro: NZD/USD weakens as RBNZ quashes rate hike talk 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
GBP/AUD chart on Trading View used for analysis
- GBP/AUD upside finds stiff resistance at 21-EMA, any further gains only on break above.
- The pair is holding above 5-DMA support and 5-DMA is biased north.
- Stochs and RSI support upside and we evidence a bullish divergence on RSI and Stochs which adds to the upside bias.
- Major trend in the pair is bearish and rejection at 21-EMA will see resumption of weakness.
- Break above 23.6% Fib eyes 55-EMA at 1.7767 ahead of 38.2% Fib at 1.7789.
- On the flipside, 5-DMA is immediate support at 1.7536, break below will see weakness till 1.7278 (Lower BB)
Support levels - 1.7535 (5-DMA), 1.7290 (Dec 12 low), 1.7278 (Lower BB)
Resistance levels - 1.7767 (55-EMA), 1.7789 (38.2% Fib), 1.7838 (110-EMA)
Recommendation: Stay long on decisive break above 21-EMA, target 1.77/ 1.7775
For more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
