JPY Major Currency Score: USDJPY Bullish; AUDJPY, NZDJPY, EURJPY, CADJPY, and CHFJPY Bearish 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
FxWirePro: USD/CAD uptrend loses steam, remains on bullish path 
Urban studies: Doing research when every city is different 
FxWirePro: GBP/USD retreats as traders await US and UK inflation data 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
2025 Market Outlook: Key January Events to Watch 
FxWirePro: EUR/AUD bearish momentum builds ,eyes 1.5900 level 
FxWirePro: GBP/AUD tight ranges prevail as market waits for fresh catalyst 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
Add as a preferred source on Google
NZD/USD chart - Trading View
NZD/USD was trading 0.27% higher on the day at 0.6059 at around 04:38 GMT.
ANZ, in its latest report, revised down the Fonterra 2020-21 season milk price projection to NZD5.75/kg milk solids vs. NZD6.45/kg previous estimate.
While the Kiwi was large unfazed by ANZ milk-price forecast downgrade, the pair pushed higher amid broad-based US dollar weakness.
A slew of economic data (Listed above) scheduled on both the sides which could impact price action.
Technical studies do not show a clear directional bias for now. Bias tilted in support of bears.
Price action is struggling to hold breakout at daily cloud. Decisive breakout above 55-EMA could change near-term dynamics.
On the flipside, the pair is holding support at 21-EMA, breach below will see more weakness.
Major Support Levels:
- S1: 0.6040 (nearly converged 21-EMA and trendline)
- S2: 0.5960 (38.2% Fib)
- S3: 0.5938 (Lower BB)
Major Resistance Levels:
- R1: 0.6083 (5-DMA)
- R2: 0.6101 (55-EMA)
- R3: 0.6112 (50% Fib)
Summary: Technical analysis is inconclusive. Focus on economic data for direction.
