• EUR/NZD initially gained on Wednesday but gave up ground as investors digested Bank of Canada rate decision and US CPI data.
• The Bank of Canada cut its key policy rate by 50 bps to 3.25%, as anticipated, and signaled that future cuts would be more gradual.
• A Labor Department report showed that the US consumer price Index (CPI) increased by 0.3% month-over-month in November, in line with economists' forecasts.
• EUR/NZD fell to 1.7513 after hitting daily high at 1.7607. Price is contained between two fibo retrace levels 1.8217 and 1.8094
• Immediate resistance is located at 1.8217 ( 23.6%fib), any close above will push the pair towards 1.8245 (Nov 1st high)
• Strong support is seen at 1.8094(38.2 %fib ) and break below could take the pair towards 1.7987(50%fib).
Recommendation: Good to buy on dips around 1.8110 with stop loss of 1.8020 and target price of 1.8200


Ethereum Joins the Rally: ETH Reclaims USD 2,100 Following Bitcoin's Lead
FxWirePro- Woodies Pivot(Major)
GBPJPY Surges to 211.88: Sterling Bulls Target 215 Amid Broad-Based Buying
FxWirePro: USD/CNY drifts lower, vulnerable to more downside
FxWirePro: AUD/USD slips amid wavering risk sentiment
NZDJPY Bearish Breakdown: Why Selling the Rallies is the Strategic Play
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
Aussie Ascent: AUDJPY Reclaims 110.00 as Bullish Momentum Ignites
Aussie Ascent: AUDJPY Charges Toward 112 as Bullish Momentum Hits Five-Day High
Kiwi Under Pressure: NZDJPY Signals Bearish Turn as Resistance at 92.00 Holds Firm
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro: EUR/AUD eases as market awaits Iran deadline
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom 



