• EUR/NZD initially gained on Monday but gains faded as the pair was weighed down by data showing weak German Ifo data.
• The Ifo institute reported that its business climate index stood at 86.4, falling short of analysts' forecasts of 87.8. This comes after a revised reading of 87.2 in November.
• Technical signals show RSI is at 40 , daily momentum studies 9, 10 and 11 DMAs are trending southwards
• Immediate resistance is located at 1.7594 (50% fib any close above will push the pair towards 1.7650(Dec 12th high).
• Immediate support is seen at 1.7471 (38.2% fib) and break below could take the pair towards 1.7400(Psychological level)
Recommendation: Good to sell around 1.7600, with stop loss of 7680 and target price of 1.7520


USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro- Woodies Pivot(Major)
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 



