• NZD/USD edged lower from one week high on Friday as trade thinned ahead of the U.S. Thanksgiving holiday.
• The Reserve Bank of New Zealand cut rates on Wednesday but said a hold was discussed and flagged that the easing cycle was likely over. Helped by some strong economic data on Thursday, markets see rates going higher and price in a hike by December 2026.
•That contrasts with more than 90 basis points of cuts priced for the U.S. Federal Reserve between now and the end of next year.
•Data showed on Thursday showed, New Zealand retail sales rose in the third quarter, while business confidence jumped to its highest in a year.
•The kiwi has risen almost 2% so far this week, heading for its strongest weekly performance since April.
• Immediate resistance is located at 0.5758 (Higher BB), any close above will push the pair towards 0.5770(50%fib).
• Support is seen at 0.5689(38.2%ib) and break below could take the pair towards 0.5654(SMA 20).
Recommendation: Good to buy around 0.5710, with stop loss of 0.5650 and target price of 0.5770


FxWirePro- Major European Indices
AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: GBP/AUD recovers slightly but bears are not done yet
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro- Major Crypto levels and bias summary
Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210?
FxWirePro- Major European Indices
FxWirePro: AUD/USD hovers near three –month high, scope for further upside
FxWirePro- Major Pair levels and bias summary
NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro- Woodies Pivot(Major)
FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains 



