NZD/CAD chart on Trading View used for analysis
- NZD/CAD rejected at session lows at 0.8715, bias higher.
- Momentum studies are biased higher, RSI above 60, with room to run further.
- The pair has broken above daily cloud and 110-EMA and is on track for further gains.
- Bollinger Bands are widening, suggesting rising volatility, bulls eye next major resistance at 38.2% Fib at 0.8778.
- On the flipside, retrace below 110-EMA could see resumption of weakness.
Support levels - 0.8711 (110-EMA), 0.8690 (5-DMA)
Resistance levels - 0.8778 (38.2% Fib), 0.8920 (50% Fib)
Call update: Our previous call (https://www.econotimes.com/FxWirePro-NZD-CAD-Trade-Idea-1452805) is progressing well.
Recommendation: Stay long for targets.
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


Global Markets React to Strong U.S. Jobs Data and Rising Yields
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
European Stocks Rally on Chinese Growth and Mining Merger Speculation
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays
Urban studies: Doing research when every city is different
China's Refining Industry Faces Major Shakeup Amid Challenges
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
Geopolitical Shocks That Could Reshape Financial Markets in 2025
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 



