•GBP/NZD dipped on Monday as investors pared positions driven by market unrest following the Trump administration's renewed attacks on the U.S. Federal Reserve chair.
• Powell said the Trump administration threatened him with criminal charges and subpoenas over his congressional testimony, calling it a pretext to push the Fed toward rate cuts.
• The developments signal a major escalation in the ongoing clash between Powell and Trump, which started in 2018 during his initial years as Fed chair.
•Meanwhile, market participants kept an eye on the Reserve Bank of New Zealand’s potential rate moves, ahead of the Q4 CPI data due next week.
• Immediate resistance is located at 2.3494(Higher BB), any close above will push the pair towards 2.3545(23.6%fib).
• Immediate support is seen at 2.3296 (38.2%fib) and break below could take the pair towards 2.3261(SMA 20).
Recommendation: Good to buy around 2.3320, with stop loss of 2.3240 and target price of 2.3400


FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro: EUR/NZD steadies above 2.0400, retains bid tone
FxWirePro: GBP/NZD sustains gains as uptrend remains strong
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro- Major European Indices
FxWirePro: USD/ZAR remains weak, eyes 23.6%fib support
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD drifts lower as greenback firms
FxWirePro:AUD/USD attracts selling interest, could be on verge of a bigger drop
GBPJPY Coiled in Tight Range: Bullish Bias Holds Above 210 – Buy Dips Targeting 212 Breakout
FxWirePro: NZD/USD bears regain grip as greenback firms
FxWirePro: AUD/USD sustains gains as uptrend remains strong
AUDJPY Holds Steady on New Year's Eve Lull: Bullish Bias Intact Above 103.80 – Buy Dips Targeting 107
FxWirePro: USD/CNY downside pressure builds, key support level In focus
FxWirePro: USD/JPY holds narrow range,focus on near-term support
NZDJPY Breaks Lower: Bearish Bias Strengthens as Trendline Support Crumbles 



