2025 Market Outlook: Key January Events to Watch 
Iran Unrest Sparks Oil Rally — Bounce Off EMA, Buy Dips to $66.40 Glory 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
FxWirePro-Major European Indices 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
US Gas Market Poised for Supercycle: Bernstein Analysts 
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
AUDJPY Smashes 30-Month Peak — Buy the Dip, 112 in Sight 
NZD/CAD chart on Trading View used for analysis
- NZD/CAD has broken stiff resistance at 200-DMA raising scope for further upside.
- Technical studies are supportive of further gains. Momentum with the bulls.
- MACD also supports upside in the pair. We see +ve DMI dominance and ADX is also rising in support of upside.
- Sharp downside in US oil prices keeps pressure on the Canadian dollar, further aiding gains in the pair.
- Next bull target lies at 61.8% Fib at 0.9061. Break above 200W SMA at 0.9079.
- On the flipside, immediate support lies at 200-DMA at 0.8934. Retrace below could see weakness.
Support levels - 0.8934 (200-DMA), 0.8917 (5-DMA), 0.8857 (Nov 12 low)
Resistance levels - 0.8998 (110W EMA), 0.9061 (61.8% Fib), 0.9079 (200W SMA)
Recommendation: Good to stay long on dips, SL: 0.89, TP: 0.90/ 0.9061/ 0.9075
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
