• NZD/USD edged lower on Thursday as greenback firmed as traders took the escalation in stride even though investors remain concerned about the Fed's independence under President Donald Trump.
• Trump said he has no immediate plans to remove Powell despite an ongoing Justice Department investigation, but noted it was “too early” to determine the eventual outcome.
• U.S. data on Wednesday indicated a modest pickup in producer prices in November, driven by higher gasoline prices, as retail sales beat expectations..
• Recent data have solidified expectations that the Fed will stay on hold in January, while markets continue to see two rate cuts this year, though not before Powell’s tenure concludes in May.
• Immediate resistance is located at 0.5781(SMA 20), any close above will push the pair towards 0.5789(50%fib).
•Support is seen at 0.5714 (Lower BB) and break below could take the pair towards 0.5699(38.2%fib).
Recommendation: Good to buy around 0.5730 with stop loss of 0.5650 and target price of 0.5830


GBPJPY Rockets Past 214 – 17-Year Peak – Hold 212.60 or Risk Reversal, Bulls Eye 215–217
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD uptrend loses steam, remains on bullish path
FxWirePro: EUR/AUD steady but trend lower looks likely to resume
USD/CHF Powers Higher: 0.80350 Break Eyes 0.8090–0.8150 Targets
FxWirePro: AUD/USD remains firm as Fed feud undermines USD
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major European indices
FxWirePro: USD/JPY edges higher but upside limited
213.22 Under Pressure! GBP/JPY Neutral-to-Bearish as Support 212.80 Looms
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major European Indices 



