2025 Market Outlook: Key January Events to Watch 
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
FxWirePro- Woodies pivot (Major) 
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
Bank of America Posts Strong Q4 2024 Results, Shares Rise 
Energy Sector Outlook 2025: AI's Role and Market Dynamics 
FxWirePro- Major Pair levels and bias summary 
GBPJPY Surges on Yen Weakness – Bullish Dip Buy Eyes 217 
FxWirePro: AUD/USD range bound ahead of RBA policy decision 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
FxWirePro- Major Crypto levels and bias summary 
EUR/NZD chart on Trading View used for analysis
- EUR/NZD spikes higher on the day as markets await ECB minutes later in the day.
- The pair is trading 0.73% higher a 1.6780 at the time of writing, bias higher.
- Price action has broken above 5-DMA and on the weekly charts, the pair has retraced dip below 110-EMA.
- We see a turn in 5-DMA which is now biased north and bullish divergence on Stochs adds to the bullish bias.
- Stochs and RSI are on verge of rollover from oversold levels and MACD is on verge of bullish crossover on signal line.
- The kiwi is sold-off across the board today. Focus now on ECB minutes.
- If the minutes downplay the recent slowdown in the economy and Italy concerns and reaffirm commitment to end the QE program in December, we may see further upside.
- Scope then for test of 20-DMA at 1.6928. Bullish invalidation likely on retrace below 110W EMA at 1.6660.
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
