• EUR/NZD dipped on Thursday as rise in commodity prices and increased risk appetite boosted the commodity-price sensitive New Zealand dollar.
•Risk appetite returned to financial markets a day after the U.S. Federal Reserve kept benchmark interest rates on hold.
• EUR/NZD is approaching support 1.7985. A break and daily close will accelerate further drop towards 1.7900 level.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 49 bullish, daily momentum studies 5, 9 and 11 DMAs are trending down.
• Immediate resistance is located at 1.8089 (50%fib), any close above will push the pair towards 1.8118 (9DMA).
• Strong support is seen at 1.7985(38.2%fib) and break below could take the pair towards 1.7857 (23.6% fib )
Recommendation: Good to buy around 1.8020, with stop loss of 1.8140 and target price of 1.7930


FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro- Major Crypto levels and bias summary
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro- Major Pair levels and bias summary
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro- Major European Indices
FxWirePro- Woodies Pivot(Major)
FxWirePro:EUR/AUD eases but bullish outlook persists 



