• NZD/USD stabilized around $0.6180 on Monday as uncertainty persisted regarding the magnitude of the Federal Reserve's anticipated interest rate cut later this month.
• Data released on Friday revealed that U.S. employers added fewer jobs than expected in August, although the unemployment rate fell to 4.2%.
. The report failed to clarify the extent of the Federal Reserve's anticipated rate cut for next week's meeting.
.
• At (GMT 03:06) Kiwi dollar was trading at up 12 % at $0.6180 against the U.S. dollar.
• The technical outlook remains bullish and points to eventual bigger gains, Fourteen-day momentum is positive, reinforcing the scope for a bigger gains .
• Immediate resistance is located at 0.6214(38.2%fib), any close above will push the pair towards 0.6255 (Sep 6th high).
• Support is seen at 0.6151 (50%fib) and break below could take the pair towards 0.6092(61.8%fib).
Recommendation: Good to buy around 0.6170 with stop loss of 0.6100 and target price of 0.6260


FxWirePro- Major Pair levels and bias summary
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD reverses course, bias back to downside
Euro Ascendant: EUR/USD Breaks $1.17 as Geopolitical Relief Sparks a Bullish Surge
FxWirePro: USD/ZAR continues to recovers , upside pressure builds
Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock
FxWirePro: EUR/AUD claws back some losses but rcovery likely muted
FxWirePro: EUR/NZD remains under pressure as key support gives way
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire
FxWirePro: USD/ZAR slips sharply lower as US-Iran ceasefire lifts risk appetite
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration
FxWirePro: USD/JPY steadies around 158.75, bias bullish 



