• EUR/NZD strengthened on Friday as the euro recovered its recent losses on short-covering and higher bund yields.
• Four European Central Bank policymakers backed further interest rate cuts on Friday provided that inflation settles at the ECB's 2% goal as expected.
• Traders are pricing in rate cuts of 112 basis points by the end of next year by European Central Bank.
• From a technical viewpoint, RSI is bullish at 63, daily momentum studies, 5, 10 and 11 SMAs are pointing up .
• Immediate resistance is located at 1.8243(23.6%fib), any close above will push the pair towards 1.8273 (Higher BB).
• Immediate support is seen at 1.8139 (38.2%fib) and break below could take the pair towards 1.8073(Dec12th Low).
Recommendation: Good to buy around 1.8240, with stop loss of 1.8150 and target price of 1.8300


EUR/USD Dips Below 1.1500 Amidst Divergent Central Bank Policies and USD Strength
FxWirePro: EUR/AUD downtrend loses momentum, bearish bias prevails
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD edges higher but maintains bearish bias
FxWirePro: GBP/AUD falls after BoE rate hold
Major Currency Scores: USD/CAD Signals Extremely Bullish Momentum at +90
FxWirePro: GBP/USD falls after BoE holds rates and warns of further hikes
JPY Major Currency Score
FxWirePro- Woodies Pivot (Major)
FxWirePro- Woodies Pivot (Major)
EURJPY Recovers Over 150 Pips Post-BOJ Hike, Bullish Trend Strengthens
FxWirePro: USD/ZAR slips as rand benefits from steady commodity prices
FxWirePro: USD/JPY rises as yen weakens following BOJ's 25bp rate hike
FxWirePro: USD/CAD neutral in the near term, scope for further upside
NZDJPY Surges Past 90 Amidst BOJ Rate Hike Uncertainty
BoE Pause Pulls Back Sterling: GBP/JPY Dips to 207.92 Despite Hawkish Undercurrents
FxWirePro- Major Pair levels and bias summary 



