FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower 
Stock Futures Dip as Investors Await Key Payrolls Data 
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
Energy Sector Outlook 2025: AI's Role and Market Dynamics 
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
Urban studies: Doing research when every city is different 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
US Gas Market Poised for Supercycle: Bernstein Analysts 
NZD/CAD chart on Trading View used for analysis
- NZD/CAD has broken stiff resistance at 200-DMA raising scope for further upside.
- Technical studies are supportive of further gains. Momentum with the bulls.
- MACD also supports upside in the pair. We see +ve DMI dominance and ADX is also rising in support of upside.
- Sharp downside in US oil prices keeps pressure on the Canadian dollar, further aiding gains in the pair.
- Next bull target lies at 61.8% Fib at 0.9061. Break above 200W SMA at 0.9079.
- On the flipside, immediate support lies at 200-DMA at 0.8934. Retrace below could see weakness.
Support levels - 0.8934 (200-DMA), 0.8917 (5-DMA), 0.8857 (Nov 12 low)
Resistance levels - 0.8998 (110W EMA), 0.9061 (61.8% Fib), 0.9079 (200W SMA)
Recommendation: Good to stay long on dips, SL: 0.89, TP: 0.90/ 0.9061/ 0.9075
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
