• EUR/NZD dropped sharply on Tuesday as kiwi dollar received support from a significant package of monetary stimulus announced by China, New Zealand’s largest export partner.
• People's Bank of China Governor Pan Gongsheng announced plans to reduce borrowing costs and inject additional funds into the economy, aiming to ease the mortgage repayment burden for households.
•The positive sentiment boosted commodity prices, with oil prices rising over 2%. Copper prices reached a 10-week high, driven by expectations of increased demand from top consumer China
• The technical outlook remains bearish and points to eventual bigger losses, Fourteen-day momentum is negative, reinforcing the scope for a bigger slump
• Immediate resistance is located at 1.7655(38.2%fib), any close above will push the pair towards 1.7791(50%fib)
• Support is seen at 1.7619(Lower BB) and break below could take the pair towards 1.7587 (23.6%fib)
Recommendation: Good to sell around 1.7640, with stop loss of 1.7740 and target price of 1.7540


Ethereum Reclaims Higher Ground: Ether Bulls Target $2,700 as Middle East Tensions Thaw
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD reverses course, bias back to downside
FxWirePro: GBP/USD climbs to 4 -week high as ceasefire deal gives bulls traction
FxWirePro- Major Crypto levels and bias summary
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major European Indices
FxWirePro:NZD/USD jumps as RBNZ warns of higher OCR potential
Euro Ascendant: EUR/USD Breaks $1.17 as Geopolitical Relief Sparks a Bullish Surge
FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD stuck in range but maintains bearish bias
FxWirePro: USD/CNY falls to three-year high, scope for further downside 



