FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop 
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie 
Bank of America Posts Strong Q4 2024 Results, Shares Rise 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
JPY Currency Scoreboard: USDJPY and NZDJPY Emerge as Top Bullish Pairs to Watch 
FxWirePro: AUD/USD eases as investors switch focus to RBA 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
Stock Futures Dip as Investors Await Key Payrolls Data 
FxWirePro- Woodies pivot (Major) 
Urban studies: Doing research when every city is different 
FxWirePro: AUD/USD range bound ahead of RBA policy decision 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
NZDJPY Bullish Above 93 as Yen Stumbles – Buy Signal Triggers at 93.50 
FxWirePro:' USD/CAD faces downside risk below 1.4000 
FxWirePro: EUR/AUD slips after surprise U.S. employment data 
EUR/CAD chart on Trading View used for analysis
- EUR/CAD is trading 0.23% higher on the day at 1.5039 at the time of writing.
- The pair trades with a bullish momentum and is likely to see further upside.
- Price action has broken above 55-EMA and is on track to test major trendline resistance at 1.5185.
- Sharp decline in energy prices and sudden doubts about the passage of the revised NAFTA deal through a Democrat led Congress are weighing on the Canadian dollar.
- Focus now on Canada CPI data due Thursday for further impetus.
- The pair is trading in a Falling Wedge pattern and breakout at wedge top to propel the pair higher.
Support levels - 1.5014 (55-EMA), 1.4976 (5-DMA)
Resistance levels - 1.5084 (23.6% Fib), 1.5185 (trendline resistance)
Recommendation: Good to stay long on close above 55-EMA, SL: 1.4975, TP: 1.5085/ 1.5185
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
