• NZD/USD advanced on Friday as weaker greenback and upbeat New Zealand retail sales data boosted kiwi dollar.
• New Zealand retail sales in the first quarter exceeded expectations, boosted by interest rate cuts that enhanced consumer demand and confidence..
• New Zealand Retail sales increased by 0.8% over the quarter, surpassing expectations of no change, Stats NZ reported on Friday.
• The week ahead will be key for the Antipodean currency, with the RBNZ expected to cut the OCR to 3.25% on Wednesday, though its future policy path remains uncertain.
• At GMT 05:58, the New Zealand dollar was up 0.37% to 0.5916 against the dollar.
• Immediate resistance is located at 0.5943(38.2%fib), any close above will push the pair towards 0.6036(23.6%fib).
• Support is seen at 0.5874(50%fib) and break below could take the pair towards 0.5800(Psychological level).
Recommendation: Good to buy around 0.5910 with stop loss of 0.5820 and target price of 0.6000


FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR advances as South African rand weakens amid renewed Middle East tensions
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
CAD/JPY Surges on Broad-Based Canadian Dollar Buying
FxWirePro: GBP/NZD downtrend extends, remains on bearish path
JPY Action Bias: CADJPY Turns Extremely Bullish While Other Pairs Hold Positive Ground
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY holds steady near 162 as traders await fresh catalysts
GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path
FxWirePro: AUD/ USD eases as risk sentiment remains fragile
FxWirePro: USD/ZAR firms slightly, but downward resumption looks likely
Gold Loses Steam After Strong U.S. Retail Sales
Major Pair Action Bias: NZDUSD Turns Bullish While Other Majors Stay Neutral 



