U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
FxWirePro: AUD/USD drifts lower, uninspired by jobs beat 
FxWirePro: EUR/AUD bullish outlook with scope to target 1.6550 
FxWirePro: USD/ZAR remains buoyant, looks to extend gains 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
NZDJPY Bears Reload as 92 Resistance Caps Bounce; Sell-on-Rallies Eyed Toward 90 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
China's Refining Industry Faces Major Shakeup Amid Challenges 
Urban studies: Doing research when every city is different 
EURJPY Bounce Loses Steam Below 184 — Sell-the-Rally Setup Eyes 183 Target 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
AUDJPY Breaks Key Trendline Support — Bears Eye 110 as Momentum Accelerates 
NZD/CAD chart on Trading View used for analysis
- NZD/CAD trades rangebound on the day at 0.9144 at the time of writing.
- The pair is extending sideways grind at strong support at 21-EMA. Break below will see further weakness.
- Technical indicators are biased lower for the day and bearish divergence on RSI and Stochs keeps scope for weakness.
- Break below 21-EMA to see dip till 23.6% Fib at 0.9035. Further weakness will see test of 200-DMA at 0.89.
- Indicators are slowly turning, decisive close above 5-DMA could see resumption of upside. Scope then for test of 0.9250 (Dec 19 high)
Support levels - 0.91 (21-EMA), 0.9035 (23.6% Fib), 0.89 (200-DMA)
Resistance levels - 0.9150 (5-DMA), 0.92, 0.9238 (Upper BB), 0.9250 (Dec 19 high)
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
